Aussie Apparel Adds U.K. Licensee for Hot Tuna
Aussie Apparel Group Ltd. announced that on May 15 it signed an agreement with Revo (UK) Ltd. to be the exclusive licensee for the Company's Hot Tuna brand in the United Kingdom and Ireland. The agreement with Revo calls for minimum sales of $14.1 mi
SGMA: Sporting Goods Manufacturers Financial Performance Improves
U.S. sporting goods manufacturers managed to increase sales and profitability in 2002, despite the stagnant economy, by controlling costs and leveraging assets. That's the key finding of SGMA International's 20th Annual Study of Financial Pe
Airwalk Parent Shuts Down Sales Org; Will License Brands
TARE7, parent company to the airwalk® (including genetic® airwalk skateboarding) and andy mac™ skate brands, and licensee for the ALPHANUMERIC™ footwear and ripzone® outerwear brands, announced that the company plans to pursue strategic licensing partners
Airwalk Pulls the Plug on Sales Groups, Will License Brand…
The licensee becomes the licensor as the downturn in skate claimed its first major victim on Friday.
Tare7, the parent company to the airwalk and and andy mac skate brands, made the strategic decision to license its brands to either another manufact
Aussie Apparel Group Has Stock Symbol Change
Aussie Apparel Group Ltd. announced Tuesday that NASDAQ changed its new symbol from AAPR to “AASI.” The change was due to an inadvertent error at NASDAQ whereby the AAPR symbol just issued to the company apparently conflicts with the symbol of a NYSE comp
Aussie Apparel Announces 5 for 1 Forward Stock Split
Aussie Apparel, Inc. announced that its board of directors has approved a five-for-one forward stock split of the company's common stock. The forward split will be effective on Tuesday, May 27th, 2003 to the holders of record of Aussie Apparel'
Variflex Fiscal Q3 Profits Jump 145% as Sales Climb 56%
Variflex, Inc. reported net sales of $21.3 million for the fiscal third quarter ended April 30, 2003 compared to $13.7 million for Q3 2002, an increase of 56%. VFLX also reported net income for the quarter of $1,338,000 or $0.29 per diluted share, compare
Warren Sapp Takes Game to Team Jordan
Jordan, a division of Nike, Inc., announced the addition of six-time Pro Bowl defensive tackle Warren Sapp to Team Jordan, the elite group of professional athletes hand-picked by Michael Jordan to represent the Jordan brand of footwear and apparel…
The Sports Authority Honors Vendor of the Year Award Recipients
The Sports Authority, Inc. has announced their 2002 Vendor of the Year Award recipients. The award recognizes outstanding vendor partners that took the business of sporting goods at the Sports Authority to a higher level in 2002. Vendor of the Year Awar
Sports Authority Q1 Net income Shrinks as Sales Dip 4.0%
The Sports Authority, Inc. reported net income of $0.5 million or $0.01 per diluted share for the first quarter ended May 3, 2003, versus $1.7 million or $0.05 per diluted share for the first quarter of the prior year. Sales for the first quarter were $3
Elder_Beerman Shrinks Q1 Net Loss on 7.2% Decline
The Elder-Beerman Stores Corp. reported a net loss of $2.5 million or $0.22 per diluted share for the first quarter ended May 3, 2003, versus a net loss of $18.6 million or $1.64 per diluted share in the same period in 2002. Net sales for the quarter dec
Stein Mart Q1 Profits Fall 87% On 7.1% Sales Decline
Stein Mart, Inc. announced the company earned $1.5 million, or $0.04 per share, for the first quarter of 2003 compared to earnings of $11.4 million, or $0.27 per share, in the first quarter of 2002. Total sales were $330.6 million, a 7.1% decrease from t
Hibbett Q1 Net Income Jumps 24.6% as Comps Rise 4.5%
Hibbett Sporting Goods saw net sales for the first quarter increase 12.4% to $79.6 million, compared with $70.8 million for the year-ago quarter. Comps rose 4.5%.
Net income for the first quarter increased 24.6% to $5.3 million
Dick’s Sees Net Income Surge 41% on Higher GM; Comps Off 0.9%
Dick's Sporting Goods, Inc. net income for the first quarter increased 41% to $6.7 million, and increased 17% to $0.28 per diluted share, when compared to Q1 2002. On a pro-forma basis, net incomes was up 37% and EPS was up 27% due to the increased
Kmart Promotes Dillon to VP/GMM Over Sporting Goods andToys
Kmart Management Corporation announced the promotions of Robert Atteberry and Joyce Dillon to Vice President and General Merchandise Manager, effective immediately. Dillon will oversee all merchandising functions for electronics, toys, sporting goods, se
