Backpacker’s Pantry Inks Deal with MEC
Backed by consumer demand for light-weight, gourmet meals, Backpacker’s Pantry has recently finalized a deal with Mountain Equipment Co-Op(MEC) to significantly ramp-up its presence in the Canadian-based outdoor stores. Consumer interest for a higher stan
Meads Appoints New Lands’ End Senior Team
New Lands' End, Inc. president and CEO Mindy Meads has nameed her senior management team following folowing her promotion that will take effect Feb. 1. Dennis Honan is the new COO, Bill Bass is SVP of e-commerce and VP/GM of Sears Customer Direct and
Meads Promoted to Ceo at Lands’ End; Manto New Apparel Chief at Sears
Sears, Roebuck and Co. has promoted Mindy Meads to president and CEO of Lands' End, Inc., while continuing her role as EVP of Sears, reporting to Alan J. Lacy, chairman and CEO. Meads has been EVP of merchandising and design for Lands' End and
Survey Shows China Processes Improving; Price Still the Key
Global Sources Ltd. released a survey showing that 45 percent of professional buyers see an improvement in the quality control process in mainland China. While mainland China continues to offer buyers very competitive prices, buyers expressed concern abo
SIA: SnowSports Chain Store Sales Up 4.7% in November
Overall sales in dollars for the winter sports market for the August through November period, including specialty and chain stores, decreased slightly by 1.65% to $652 million according to the SnowSports Industries America (SIA) Retail Audit. Unit sales w
SIA: SnowSports Specialty Sales Fall 9.0% in November
Overall sales in dollars for the winter sports market for the August through November period, including specialty and chain stores, decreased slightly by 1.65% to $652 million according to the SnowSports Industries America (SIA) Retail Audit. Unit
Saucony to Exceed Previous Guidance for 2003
Saucony now expects net sales for the fourth quarter of 2003 to be approximately $31 million and earnings per share to be in the range of 14 cents to 17 cents, versus the preveiously guided range of 8 cents to 10 cents per share. The company also sees ear
GBMI Appoints Kaminsky NSM for XOXO
Global Brand Marketing, Inc. has appointed Scott Kaminsky to National Sales Manager of XOXO Footwear. Kaminsky will be responsible for all U.S. sales operations for XOXO Footwear and will be charged with managing the company's domestic revenue growth
Deckers Raises 2004 Guidance on Ugg Strength
Deckers believes that based on the heightened demand for the company's Ugg product line it is raising its fiscal 2004 sales guidance to a range of $133 million to $140 million versus its previous guidance of $126 million to $132 million. DECK is als
Vail Offers $350 million in Senior Notes
Vail Resorts intends to offer, subject to market and other conditions, $350 million in aggregate principal amount of senior subordinated notes. The interest rate, offering price, ultimate aggregate principal amount and other terms of the notes are to be d
Lotto Sport Deutschland Has a New Sales and Marketing Manager
Savino Carbotta took over the position of Sales & Marketing Manager of the Lotto Sport Deutschland GmbH Munich commercial agency…
Retailers Invest In Technology According to NRF
Retailers will participate in the surge of business spending expected this year, according to new research by the NRF Foundation and BearingPoint unveiled today at the NRF Annual Convention in New York. The study, “Retail Horizons: Benchmarks for 2003, Fo
Stage Stores December Comps Up 1.2% on 46.6% Sales Increase
Stage Stores reported that total sales for the five-week period ended January 3, 2004 increased 46.6% to $211.5 million from $144.3 million in the prior year five-week period ended January 4, 2003. Comparable store sales, which include results for the Pee
The Finish Line Swings to Q3 Profit on 25% Comp Store Gain
The Finish Line reported net income for Q3 was $2.2 million, or 9 cents per diluted share, versus a loss of $3.2 million, or 13 cents per diluted share in Q3 LY.
Net sales for the third quarter ended November 29, 2003 increased 37% to $202.0 million for
Mossimo’s Appeal In Cherokee – Target Case is Denied
Mossimo Inc.'s appeal of the June 17 Arbitration Award and Judgment (that was entered in Cherokee's favor by the Los Angeles Superior Court) was denied by the Court of Appeal for the 2nd District of California and reaffirmed in Cherokee's f