Payless May Comp Store Sales Decrease 10%
Payless ShoeSource, Inc. reported that same-store sales decreased 10.0% during the May reporting period, the four weeks ended May 31, 2003. Company sales totaled $236.5 million, a 9.2% decrease from $260.6 million during fiscal May of last year…
ShopKo May Comp Store Sales Down 3.1%
ShopKo Stores, Inc. reported consolidated sales for the four weeks ended May 31, 2003 decreased 3.2% to $244.2 million from $252.3 million during the same period last year. Consolidated comparable store sales decreased 3.1%.
The Company expects consolida
Target Corp. May Comps Inch Up 0.7%
Target Corporation reported that its net retail sales for the four weeks ended May 31, 2003 increased 7.5% to $3.2 billion from $2.98 billion for the four-week period ended June 1, 2002. Comparable-store sales increased 0.7% from fiscal May 2002…
Nike and Apparel Fuel Another Breakout Quarter for The Finish Line
The Finish Line, Inc. reported net sales of $207,805,000 for the thirteen weeks ended May 31, 2003, an increase of 22% over net sales of $170,576,000 for Q1 last year which ended June 1, 2002. Comparable store net sales for Q1 increased 14% on top of a 3%
Former Wilson, Spalding Licensing Chief Launches Consulting Firm
Al Bender, Licensing Director for both the Spalding and Wilson sporting goods companies over the past 20 years, announces the formation of a marketing and licensing consulting company called The Catalyst Company [TCC], to assist sports brands and manufact
Grabber Names Marketing Coordinator
Grabber Performance Group announced the promotion of Steve Gingrich to Marketing Coordinator. Mr. Gingrich will be responsible for all aspects of marketing, advertising, sponsorship and promotions at GPG…
Zevo Golf Loses Out to Bigger Companies
Zevo Golf's clubs were known for their distance but the company's marketing came up short. Outgunned by bigger companies with much bigger advertising budgets, the Temecula, CA maker of golf clubs, drivers and accessories found itself in the
Elder-Beerman May Comps Dip 0.3%
Comparable store sales for The Elder-Beerman Stores Corp. increased 1.5% for the four weeks ended May 31, 2003 compared to the four weeks ended June 1, 2002. Total store sales decreased by 0.3% to $42.6 million versus the same period last year…
Phoenix Will Report Q2 Charge Due to Shareholder Suit
Phoenix Footwear Group, Inc. has received a decision from the Superior Court in Penobscot County, Maine regarding the dissenting stockholders suit associated with Phoenix Footwear's March 2000 acquisition of the Penobscot Shoe Company. The Court det
Pacific Trail to Run as Separate Operation
London Fog Industries will separate its three primary divisions–Pacific Trail, London Fog Trade and London Fog Factory Outlet Stores–into independently managed businesses. As FFI CEO, Bill Dragon will continue to direct and oversee all operations of th
New Balance to License Socks to Moretz
New Balance Athletic Shoe, Inc. has signed a license agreement with Moretz Sports for performance socks.
Effective January, 2004, Moretz Sports will manufacture, market and distribute New Balance performance socks in association with the New Balance sales
Piraino Resigns from GolfGear International Inc.
Michael A. Piraino has resigned as president, chief financial officer and director of GolfGear International Inc., to pursue other business interests, it was announced Monday by Peter Pocklington, chairman…
Tropical Sells the Duck Head Brand to Goody’s
Tropical Sportswear Int'l Corporation announced has sold the Duck Head trademark to Goody's Family Clothing, Inc. for $4 million in cash. The purchase agreement provides that TSI will be able to continue to sell existing Duck Head inventory for
Callaway Settles with ‘Big Easy’ Knockoff Sellers
Callaway Golf Company announced that Shirley Tsou and GolfCo in Brea, California, as well as Alex Mowry and National Golf Liquidators of Oceanside and Anaheim, California, have agreed to a permanent injunction prohibiting them from selling “Big Easy” golf
Gold Toe Manufacturing Temporarily Interrupted
Gold Toe Brands (formerly Great American Knitting Mills) on Monday reported that manufacturing of their socks in Mexico has been interrupted due to a fire at one of their suppliers. The company is confident that this interruption will have minimal impac









