adidas Unveils its ‘1’ Running Shoe Priced at $250
After three years of highly confidential in-house development, adidas has unveiled what it calls “the most advanced shoe ever”. Sinmply called “1”, the shoe provides intelligent cushioning by automatically and continuously adjusting itself. An exclusive
Brunswick Forms European Marine Umbrella Group
Brunswick Corporation announced formation of an umbrella organization to implement a comprehensive growth strategy for its marine operations in Europe, Africa and the Middle East and to leverage shared services opportunities for all of Brunswick's op
Galyan’s Taps Kohl’s Exec for President/CMO Role
Galyan's Trading Company, Inc. has appointed Richard Leto President and Chief Merchandising Officer of the Company. It is expected that Mr. Leto will join the Galyan's Board of Directors when he joins the Company in mid-June. Mr. Leto was most
Pacific Sunwear Completes Stock Buy-Back
Pacific Sunwear of California repurchased an aggregate of 2,223,700 shares of Pacific Sunwear common stock in the first quarter at an average price of $22.483, for approximately $50.0 million. These repurchases complete the authorization made by the compa
Pacific Sunwear Q1 Net Income Jumps 88%; Raises Guidance
Pacific Sunwear of California Inc. reported that net income for the first quarter ended May 1, 2004 increased 88% to $15.0 million, or 19 cents per diluted share, compared to $8.0 million, or 10 cents per diluted share, for the first quarter of fiscal 200
Schutt Sports Back on Base with the SEC
Schutt Sports, the Official Base Supplier of Major League Baseball, is partnering with the Southeastern Conference for their 2004 baseball and softball tournaments. Now in its sixth year of involvement with the SEC, Schutt supplies on-field products for
SGMA Board Elects Cove EVP; Will Succeed Riddle
The SGMA board has elected Tom Cove as Executive Vice President for the association, a new post within SGMA management's structure. Cove will subsequently assume the presidency of SGMA International on February 1, 2005. The move is part of a succes
Golfsmith Pares Q1 Loss as Comps Jump Almost 24%
Golfsmith International Holdings, Inc. increased net revenues 44% to $65.8 million for the fiscal 2004 first quarter ended April 3 compared with net revenues of $45.8 million in the first quarter of fiscal 2003. Same-store sales increased 23.9% in the qu
Oakley and Ducati Extend Licensing Agreement
Oakley has extended for an additional three years its existing licensing agreement with Ducati Motor Holding S.p.A. and has expanded the scope of the agreement to include five exclusive models of Oakley eyewear. All products covered by the agreement featu
SIA Wins Five Awards for snowlinkjr.com
The SIA was recently awarded five different awards for its newly-launched consumer site, snowlinkjr.com. Both the website and the game, Icebox Maniacs, garnered top recognition nationally and in the Denver area. SIA developed snowlinkjr.com with the Fac
Accell Group Acquires a Third Parts Distributor
Accell Group N.V. has signed a letter of intent for the acquisition of F. van Buuren & Co. B.V., a company trading in bicycle parts and accessories. Following the recent acquisition of Juncker B.V., this new acquisition further strengthens the position of
Stage Stores April Comps Inch Up 0.3%
Stage Stores reported that total sales for the four-week period ended May 1, 2004 increased 40.0% to $91.7 million from $65.5 million in the prior year four-week period ended May 3, 2003. Comparable store sales increased 0.3% versus an increase of 4.3% la
TJX April Comps Increase 5%
The TJX Companies April 2004 sales were $1,093 million, up 14% over the $956 million achieved during the four-week period, 2003. For the first quarter, 2004 sales reached $3,353 million, an 18% increase over last year's $2,841 million. Comparable sto
May DS Comps Decline 8.1% in April
The May Department Stores reported preliminary net sales of $902 million for April, 2004, a 6.8% decrease from $967 million in the similar period last year. Store-for-store sales decreased 8.1%. April store-for-store sales decreased 7.5%, excluding the
Target Corp. Comps Rise 4.9% in April; Mervyn’s Down 6.6%
Target Corporation today reported that its net retail sales for the four weeks ended May 1, 2004 increased 11.8% to $3.54 billion from $3.17 billion for the four-week period ended May 3, 2003. Comparable-store sales increased 4.9% from fiscal April 2003.
