SGB Executive

Urban Outfitters Q3 Net Income Jumps 76%

Urban Outfitters, Inc. announced earnings of $14.1 million
for the third quarter ended October 31, 2003, a 76% increase over the comparable quarter last year. Third quarter earnings per diluted share rose to $0.35 this year versus $0.20 in the prior year.

Modell’s Moves Into Connecticut

Modell's Sporting Goods has chosen Bridgeport for its first Connecticut store and will open the new outlet next week. The 19,000-square-foot space in Shoppers World will open November 21st. The store will hold a grand opening on November 28th. The

Head NV Rides Exchange Rate to Improved Q3

Head N.V. reported that net revenues for the three months ended 30th September, 2003 increased 12.1% to $116.6 million compared to the three months ended 30th September, 2002. Net income increased 16.4% to $2.2 million. Winter Sports revenues increased

Federated Moves Ahead With Burdines-Macy’s Merger

In conjunction with its broader national branding strategy for Macy's, Federated Department Stores, Inc. announced plans for converting six of Macy's seven Florida stores to Burdines-Macy's while closing one other in markets where Burdines

Federated Q3 Earnings Dip on Fairly Flat Comps

Federated Department Stores, Inc. reported third quarter net income fell 36.8% to $67 million, or 36 cents diluted
earnings per share, from $106 million, 54 cents per diluted share in the year-ago period. Excluding discontnued operations, Federated earni

Dave Larson Joins Brooks

Brooks Sports, Inc. announced sports marketing and communications specialist Dave Larson joins Brooks as vice president of marketing…

New Balance Hires John Morgan

Boston-based New Balance Athletic Shoe has added John Morgan to its Marketing Department. In the role of Marketing Manager, Morgan will be responsible for managing product management, design, and development efforts for the Cross-Training, Basketball, Ten

SBI To Sell Enyce To Liz Claiborne

Sport Brands International has signed a definitive agreement to sell Enyce, its young men's and women's urban sportswear brand, to Liz Claiborne, Inc. for a purchase price of approximately $114 million on a debt-free basis. The sale is subject t

McDonald Promoted to GM of Transworld

Brad McDonald, publisher of Ride and Transworld BMX magazines, earned a promotion to general manager of Transworld Magazines, the action sports division of Time. The move follows the departure of several key Transworld employees who quit after butting hea

Chaco Receives APMA Seal Of Acceptance

Chaco's Z/1 and Z/2 Performance sandals were recently awarded the Seal of Acceptance by the American Podiatric Medical Association (APMA)…

OIA-UK Hosts Conference Focusing On Recreation Access

Access to the British mountains, moors and countryside will be a central theme at Finding Customers and Profit in the Great Outdoors, a major new conference to be staged by the OIA in Buxton next March…

OIA Files Protest With BLM

Outdoor Industry Association filed a formal protest late last week with the Bureau of Land Management objecting to the oil and gas lease sales proposed for the BLM quarterly auction on November 24…

Osprey Forms EU Subsidiary

Osprey Packs has formed Osprey Europe, Ltd., a subsidiary company soon to be located in the south of the UK. Osprey Europe will be entirely focused on developing the Osprey retail distribution, sales volume and image for the whole of Europe and contiguous

Shoe Pavilion Net Loss Widens on 4.7% Comp Sales Increase

Shoe Pavilion, Inc. announced a net loss of $1.2 million or
($0.18) per share, for the third quarter ended September 27, 2003 compared to a net loss of $104,000 or ($0.02) per share, for the third quarter of 2002. Net sales increased 13.9% to $21.6 milli

WaterMark Revamps Management Team

WaterMark announced that Andy Papademetriou has joined WaterMark's management team as vice president of product development. Joe Pulliam has been promoted to executive vice president of business development and will remain at the Easley, S.C. facilit