Head Q2 Bottom Line Takes Tax Hit; Sales Up 5.1%
Head N.V. reported that net revenues for the second quarter increased by 5.1% to $83.2 million from $79.2 million in the year-ago period. The net loss for the period widened 244% to $30.7 million versus a net loss of $8.9 million in Q2 last year, due pri
SGMA: U.S. Customs Encourages C-TPAT Verification Between Businesses
The U.S. Bureau of Customs and Border Protection has established the Status Verification Interface (“SVI”) in the Customs-Trade Partnership Against Terrorism (“CTPAT”) section of its internet website. The SVI will allow C-TPAT members to easily confirm wh
Tecnica Shuffles the Management Deck
John Stahler continues as CEO of the Tecnica Group in the U.S. He will manage the groups’ activities in the United States. Sam Cook has been promoted to Vice President of Sales for Tecnica USA’s and Völkl Sport America’s Winter Divisions. Assuming Cook’s
OR to Stay in Salt Lake City
Outdoor Retailer plans to produce the Outdoor Retailer and Summer Trade Expos in Salt Lake City, Utah through 2009. This commitment to remain in Salt Lake City is contingent upon a final contract and financing from the city to expand the Salt Palace Conv
Outlast Inks two New Deals
Outlast Technologies, Inc. has signed a new partnership with Eddie Bauer, the premium outdoor-inspired casual wear brand, to offer consumers the first active lifestyle sweaters with Smart Fabric Technology™. Outlast has also inked a deal with Bernette Tex
Colorado Kayak Supply and Rocky Mountain Outdoor Center Join Forces
Two whitewater paddlesports industry powerhouses in Colorado are making huge waves as a result of a cooperative operating agreement that plays to each others’ strongest suits. Colorado Kayak Supply and Rocky Mountain Outdoor Center, both headquartered in
Nike Plays First Hand in Down Market Strategy; Acquires Starter
Nike, Inc. has acquired 100% of the equity shares of Official Starter Properties LLC and Official Starter LLC for a net purchase price of approximately $43 million. The entities are the sole owners and licensors of the Starter, Team Starter and Asphalt br
Pacific Extends Licensing Agreement with PTI Sports
Pacific Cycle has extended its contract with PTI Sports through 2008. PTI Sports develops bicycle parts and accessories, such as helmets, pumps and saddles, for several Pacific Cycle brands, including Schwinn, Schwinn Sting Ray, GT, Mongoose and Dyno…
True Temper Q2 Net Falls 55% on 22% Sales Decline
True Temper Sports, Inc. reported net sales for the second quarter decreased to $25.3 million from $32.5 million during the second quarter of 2003. Net income for the second quarter decreased to $1.7 million from $3.8 million in the second quarter of last
Ross Stores Launching New Off-Price Chain
Ross Stores, Inc. announced the upcoming launch of dd's DISCOUNTS, a new off-price concept targeting lower income consumers. The new stores, dd's DISCOUNTS, will offer exceptional values on brand name fashions typically featured in moderate depa
Costco July Compas Jump 9%
Costco Wholesale Corporation reported net sales of $3.72 billion for the four weeks ended August 1, 2004, an increase of 12% from $3.32 billion in the same four-week period of the prior fiscal year. July Comparable Store Sales were up 9.0%…
July Comps Drop 4.2% at Kohl’s
Kohl's Corporation sales for the four-week period ended July 31, 2004 increased 10 percent over the four-week period ended August 2, 2003. On a comparable store basis, sales decreased 4.2 percent…
ShopKo Comps Off 0.6% in July
ShopKo Stores consolidated sales for the four weeks ended July 31, 2004 decreased 0.9% to $222.5 million from $224.6 million during the same period last year. Consolidated comparable store sales decreased 0.6%…
Sears July Comps Decline 2.6%
Sears, Roebuck and Co. comparable domestic store revenues decreased 2.6 percent for the four weeks ended July 31, 2004. Total domestic store revenues were $1.84 billion for the four-week period in July 2004, down 4.0 percent compared with the four weeks
Famous Footwear July Comps Off 2.0%; BWS Warns on Q2
Brown Shoe Company, Inc. announced July retail sales at Famous Footwear were $86.1 million for the four-week period ended July 31, 2004 compared to $85.1 million for the same period last year. Same-store sales for July decreased 2.0%. At this point, BWS
