JanSport Receives Continental Divide Trail Alliance Corporate Award
Jansport was recently presented with the Continental Divide Trail Alliances' prestigious Corporate Award. The annual award recognizes a company that has committed significant time and resources to the completion and protection of the CDT…
180’s and EntreQuest Form Mentoring Program
180s and EntreQuest formed a corporate youth mentoring program — b4students Foundation. The mentoring program teaches self-improvement and business development skills to underserved, ‘at promise’ Baltimore city middle school and high school students. The
The Bon-Ton Completes Acquisition of Elder-Beerman
The Bon-Ton Stores, Inc. has completed its tender offer for all outstanding shares of common stock of The Elder-Beerman Stores Corp. at a price of $8.00 per share in cash…
Head Appoints New Diving Unit Chief
Head N.V. announced that Stefano Di Martino will be joining Head as the Managing Director of the Diving Division. He will take up his position in January 2004 when he will also be appointed Managing Director of HTM Sport S.p.A Italy and become a Member of
Champion Licenses Name for Sports Drink
Champion Athleticwear has settled its complaint against ChampionLyte Holdings, Inc. and signed a licensing agreement with the company, allowing it to continue to use the Champion name on its sugar-free entry in the isotonic sports drink category…
Lyon Promoted to President of Finish Line; Schneider, Wampler Also Promoted
The Finish Line, Inc. Board of Directors has promoted Glenn Lyon to the position of President. Alan Cohen will remain as CEO responsible for the overall direction and strategy of the company and Mr. Lyon, as President, will report to Mr. Cohen and will be
Woodman Opens US Office
Woodman Components has opened Woodman Components USA Inc. The Taiwan based frame and component maker has established a full-time satellite office and has named Jim Vincent Jr. as President. The main focus of the US office will be to build awareness of the
As Retailers See Better Margins from Tighter Inventories…
Analysts concur with NRF when it comes to the “Buy Early” scenario, suggesting many could be out of luck if they wait until the last minute. Still, with no “must have” items in the market this year, it may be tough to convince the consumer that retailers
Consumers Still Look to Price First…
Based on research conducted by BIGresearch for the National Retail Federation, consumers this holiday are still see price driving their destination and they expect to hit the stores earlier this year to get what they need. On the receiving end, consumers
Acquisitions Hide Declines at VF Corp…
VF Corp. saw “stronger-than-expected” sales from its core businesses in the third quarter and “higher–than-expected” profit contribution from the recently-acquired Nautica Enterprises, Inc. The Outdoor Coalition, which includes The North Face, JanSport a
K2 Gets Sales Benefit from Acquisitions, but Earnings Suffer…
K2, Inc. saw third quarter earnings in line with analysts’ estimates as the company reported a 140 increase in pro-forma diluted earnings per share based on the acquisition of Rawlings last year. The pro forma EPS figure was calculated at five cents for
Brunswick Q3 Net Income Surges 61% on 15% Sales Gain
Brunswick Corporation announced today a 58% increase in diluted earnings per share on a 15% sales gain and a 32% increase in operating earnings in the third quarter of 2003. Diluted earnings per share rose to $0.41 compared with $0.26 per diluted share f
Russell Looks Outside to Boost Artwear Business
Russell Corporation has elected Julio A. Barea SVP of the company and CEO for the domestic activewear business. Barea, who will officially join the company October 27, will be responsible for Russell's artwear and mass retail businesses. He will rep
Coastcast Narrows Q3 Loss on Lower Sales
Coastcast Corporation reported sales for the third quarter of 2003 were $11.0 million vs. $12.4 million. The net loss for the quarter was ($1.6 million) vs. ($4.6 million), and diluted loss per share was ($0.20) vs. ($0.60). Three directors have resigne
K-Swiss Has Another Classic Quarter; Profits Up 85%
K-Swiss saw total worldwide revenues for the third quarter increase 49.0% to $121.6 million compared with $81.6 million in the prior-year period. Domestic revenues increased 52.6% to $105.5 million and international revenues increased 29.1% to $16.1 milli