Russell Ups 2004 EPS Guidance; Weak Fleece Sees Q4 Sales on the Low End…
Russell Corporation affirmed its earnings guidance for the fourth quarter and current fiscal year, but said Thursday at its analyst conference in Atlanta that Q4 sales would come in “at the lower end” of their previous guidance of $325 million to $345 mil
SEW Goes One-On-One with… Jim Tompkins
Jim Tompkins is President and COO of New Balance Athletic Shoe, Inc. Mr. Tompkins joined the company in 1984 as a product manager and moved to the U.K. in 1985 to serve as the Sales & Marketing Manager for New Balance Europe. He returned in 1988 to as
Footwear News Names Datta ‘Person of the Year’
Killick Datta, Chief Executive Officer of Global Brand Marketing, Inc., has been named “Person of the Year” by Footwear News. GBMI was recognized by Footwear News as “Company of the Year” in 2002…
SnowSports Industry Conference Launched
SnowSports Industries America (SIA), TransWorld Snowboarding and Mountain Sports Media are joining forces to produce The Snow Industry Summit, a high level business conference that will address global issues affecting all aspects of the snow sports indust
Nike Increases Quarterly Dividend 43%
The Board of Directors of NIKE, Inc. has declared a quarterly cash dividend of 20 cents per share on the Company's outstanding Class A and Class B Common Stock, which represnts a 43% increase over the previous quarterly rate of 14 cents per share…
KSA Sees 3.5% Holiday retail Growth
Kurt Salmon Associates' economic analysis indicates retailers and suppliers will be unwrapping the merriest
holiday season since 1999, with Holiday shopping projected to increase 3.5% over last year. KSA says retailers have been very careful with in
Next, Inc. Board Rallies Behind Embattled Chairman
After reviewing the allegations made against Dan F. Cooke in a complaint filed against him in federal court of the Southern District of New York the Board of Directors of Next, Inc. has expressed its continued support of, and confidence in, the management
NSGA Lands Strong Group for Conference Footwear Panel
The NSGA has put together an outstanding footwear panel this year for the 40th Annual NSGA Management Conference, which will be held May 16-19, 2004, at the Hilton Head Marriott Beach & Golf Resort. Marshal Cohen, Co-President of NPD Fashionworld, will p
Galyans Q3 Net Loss Widens 140% on 5.7% Comp Sales Decline
Galyan's Trading reported a GAAP net loss of $3.6 million, or 21 cents per diluted share, slightly better than analyst consensus, compared with a net loss of $1.5 million, or 9 cents per dilted share in the prior year's third quarter. Net sales
Watercraft Division Sinks Johnson Outdoors’ Q4 Results
Johnson Outdoors Inc. announced earnings per diluted share of $0.63 for the 2003 fiscal year ended October 3, 2003, in line with preliminary earnings guidance previously provided by the Company. Last year's earnings per diluted
share of $0.94 were f
Hibbett Q3 Net Jumps 65% on 6.9% Comp Sales Increase
Hibbett Sporting Goods, Inc. announced net sales for the 13-week period ended November 1, 2003, increased 17.0% to $78.4 million compared with $67.0 million for the year-ago period. Comparable store sales increased 6.9% in the third quarter of fiscal 200
Herb Biddle Retires as NBS President
Herb Biddle, President and CEO of Nation’s Best Sports since 1993, announced his retirement, which became effective on October 31, 2003. The NBS Board of Directors wishes Herb well in his future endeavors. Jim Chandley, Senior Vice President of Merchand
Warnaco Announces Resignation of Sportswear Group President
The Warnaco Group, Inc. has announced that John Kourakos has resigned for personal reasons. Kourakos has served as President of Warnaco's Sportswear Group since January 2002. The Company has begun a search for his successor, and Kourakos will contin
Karbon Signs On With USA Luge As Official Sponsor
USA Luge is pleased to announce that its Senior National and Junior National luge teams will be outfitted with Karbon Outerwear as they compete throughout the 2003-04 luge-racing season…
Backbone Adds Bauer Sports Rack to Client Stable
Bauer Industries has retained Backbone Media to manage its public relations efforts. In addition to its manufacturing division, Bauer also operates 15 retail stores, under the name of Sports Rack, in California, Colorado, Utah and Washington as well as a
