SGB Executive

Warnaco Looks for More from Speedo…

Speedo parent Warnaco said that the company’s swimwear group always runs losses in the third quarter since the company sees just 10% of its total year revenues for the division in Q3. But the operating loss widened for the period to $8.6 million from $3.

Lower GM Hurts Golfsmith Q3 Profits…

Golfsmith International saw net income for the third quarter fall 70.6% to $1.1 million from $3.4 million in the year-ago period. Net income from U.S. operations contributed 85.3% of total earnings, while Canada operations contributed 10.4% and Europe pro

Margins Help Adams Golf Pare Q3 Loss…

The combination of rising sales and improved efficiencies had an obvious impact on the bottom line at Adams Golf, with the company posting a narrowing its Q3 loss to $343,000 from a loss of $4.3 million in the year-ago period. Total net sales increased 3

Vail Gets Heavenly Relief in Fiscal 2003

Vail Resorts, Inc. reported that the net loss for the fiscal year ended July 31, 2003 was $8.5 million, or a loss of 24 cents per diluted share, compared to net income of $7.1 million, or income of 20 cents per diluted share, for the same period last year

SIA Booth Space Officially Sold Out

SnowSports Industries America (SIA)
reports today that the SIA. 4 SnowSports Show is officially sold out. The SIA.04 SnowSports Show will be held at the Mandalay Bay Convention Center in Las Vegas, Nevada, January 26-29, 2004…

Retailers and Vendors Announce Container Environmental Survey

More than a dozen manufacturers, retailers and shipping companies, including LL Bean and Nike, Inc., have announced the Clean Cargo Environmental Performance Survey for shippers to gauge their carriers' environmental
management performance and addres

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