Gilbert Turns His Attention to Huffy Corp.
The same investor who was the largest shareholder in Rawlings Corporation prior to its recent sale, has announced a 5.23% ownership in Huffy Corporation according to a 13D filed with the Securities and Exchange Commission Monday morning. Daniel Gilbert an
Hibbett Sporting Goods Announces Stock Split
Hibbett Sporting Goods, Inc. announced that its Board of Directors has approved a 3-for-2 stock split. The stock split will be affected in the form of a 50% stock dividend, and the new shares will be distributed on or about July 15, 2003, to stockholders
The Hockey Company Prices Its IPO
The Hockey Company Holdings Inc. announced that it has entered into an Underwriting Agreement in connection with its initial public offering of 4,500,000 common shares at a price of $16.00 per share for gross proceeds of $72,000,000 and filed a final pros
Calvin Klein and Warnaco Sign New Swimwear License
Calvin Klein, Inc. a subsidiary of Phillips-Van Heusen Corporation and The Warnaco Group, Inc. announced that they have solidified their ongoing relationship and commitment to develop the Calvin Klein(R) brand by amending certain existing agreements and a
Jenkins Joins Rocky Shoes and Boots As Women’s VP
Rocky Shoes & Boots, Inc. announced that Scott Jenkins has joined the Company as Vice President-Women's Occupational Business Development. Most recently, Mr. Jenkins was Vice President and General Manager of Lowell Shoe Company, a division of H.H. B
Greg Norman Collection Appoints New Green Grass VP
Greg Norman Collection, announces the hiring of Mike Elliott for the position of Vice President of Sales, Golf Division. He will join the company June 16th and report directly to president Suzy Biszantz. His primary responsibilities will be to manage the
Retail Sales Reports Show Consumers Keeping Tight Hold on Purse Strings
Lackluster sales reports from most retail major chains showed that consumers weren't quite ready to loosen their purse strings yet, analysts said Thursday. Additionally, the Labor Department reported Thursday that the number of American workers f
The Fair Labor Association Releases First Report
The Fair Labor Association made public findings from independent audits of seven major footwear and apparel companies, probing the protection of workers rights in the companies’ global operations on a factory-by-factory basis. The companies included in t
Quiksilver Fiscal Q2 Net Income Jumps 67% on 40% Sales Gain
Quiksilver, Inc. announced consolidated net sales for the second quarter of fiscal 2003 ended April 30, 2003 increased 40% to $262.2 million compared to net sales of $187.4 million in the year-ago period. Consolidated net income for Q2 was $22.6 million,
Ashworth Fiscal Q2 Profits Jump 23% on Callaway Impact
Ashworth Inc. announced that consolidated net revenue for the fiscal second quarter ended April 30th increased 20.6% to $52.6 million as compared to $43.6 million for the second quarter of 2002. Consolidated Q2 net income increased 22.9% to $4.3 million,
K2 Inc. Announces Placement of Convertible Senior Notes
K2 Inc. announced that the company has entered into an agreement, subject to customary conditions, to privately place $75 million principal amount of 5% convertible senior notes due June 2010. The senior, unsecured notes will be convertible into approxima
Kohl’s May Same-Store Sales Eke Out a 0.1% Gain
Kohl's Corporation reported that sales for the four week period ended May 31, 2003 increased 13.9% over the four week period ended June 1, 2002. On a comparable store basis, sales increased 0.1%…
May Company Reports 3.9% May Comp Sales Decline
The May Department Stores Company reported preliminary net sales of $1.01 billion for the four-week period ended May 31, 2003, a 2.0% decrease from $1.03 billion in the similar period last year. Store-for-store sales decreased 3.9%…
Saks Inc. Reports May Comp Store Sales Decline
Retailer Saks Incorporated announced that comparable store sales for the four weeks ended May 31, 2003 compared to the four weeks ended June 1, 2002 decreased 1.6% on a total company basis. By segment, comparable store sales decreased 0.2% for SDSG and de
Ross Stores Sees Flat May Comp Sales
Ross Stores, Inc. reported sales of $296 million for the four weeks ended May 31, 2003, a 10% increase above the $268 million in sales for the four weeks ended June 1, 2002. Comparable store sales for the month were flat to the prior year…