K2 Inc. Appoints Merck President
K2 Inc. announced the appointment of J. Wayne Merck to the position of President of K2 Inc. He will also retain his previous role as Chief Operating Officer with overall responsibility for the operations of K2's various divisions…
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
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
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…
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
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
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…
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
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
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
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
Nike to Expand Presence Again at Foot Locker
Nike, Inc. on Wednesday announced it plans to execute joint marketing programs with Foot Locker, Inc. to develop innovative retail presentations of Nike performance products at select Foot Locker, Inc. locations in the U.S., beginning with the Fall 2004 s
Volkl Adds Stowell to Run Ski Apparel Group
Nora Stowell has joined Völkl to head up its newly created performance ski apparel division. Stowell, who will be based out of Völkl’s New Hampshire headquarters, returns to the ski business following a three year stint within the apparel division at New
Broder Bros Pro Forma Income Falls 56% on 11% Sales Decline
The new combined entity resulting from the merger of Broder Bros. and Alpha Shirt Holdings reported or pro forma net sales for the third quarter declined 10.8% to $211.6 million compared to $237.2 million in the 2002 quarter. Pro forma income from operat
