Jantzen Parent Reports 125.9% Revenue Increase
Perry Ellis International reported record total revenue for Q3 ended October 31, 2003 of $159.5 million, an increase of $88.9 million, or 125.9%, over the $70.6 million reported for the same period last year. The increase is primarily attributable to the
Wilson Team Sports Acquires ATEC from Sport Supply Group
Wilson Sporting Goods Company, a wholly owned subsidiary of Amer Sports, has acquired Athletic Training Equipment Company, Inc. (ATEC), the world's leading manufacturer of pitching machines and training equipment, from Sport Supply Group Inc. Conside
Matthew D. Serra Is New Foot Locker COB
Foot Locker, Inc. announced that its Board of Directors has elected Matthew D. Serra Chairman of the Board, effective February 1, 2004. Mr. Serra will continue to serve as the Company's President and Chief Executive Officer. J. Carter Bacot, who was
Foot Locker Easily Beats Street Earnings Estimates; Sales Sluggish
Foot Locker, Inc. reported financial results for its third quarter ended November 1, 2003. Income from continuing operations increased 44% to $62 million, or $0.41 per share, from $43 million, or $0.29 per share last Year. Sales increased 6.6% to $1,194
New Era Cap Upgraded By Fair Labor Assoc.
New Era Cap Company announced that the Fair Labor Association has elevated the company to Category A membership, up from Category B membership. New Era became a member of the FLA, in Category B standing, in September 2002…
Sake Inc. Q3 Earnings Jump on Extraordinary Charges
Saks Incorporated recorded net income of $12.4 million, or $.09 per share, for the third quarter ended November 1, 2003, compared to net income of $1.9 million, or $.01 per share, last year. For the third quarter, total sales grew 4.3%, and comparable st
Reebok Inks Alliance Deal with American Heart Association
Reebok International Ltd. has announced plans for a multi-faceted alliance with the American Heart Association (AHA) to increase public awareness and raise funds to fight heart disease, the #1 cause of death in America. With the help of the AHA, Reebok w
Lands End Hires McCreight As SVP Core Merchandising
Lands' End, Inc., has named David McCreight, a nationally regarded merchandising and retailing executive at Disney Stores Worldwide, to senior vice president of core merchandising, Lands' End. McCreight will join Lands' End on Dec. 1, and w
Marc Frank Montoya signs with Sims for another 2 years:
Sims snowboards is pleased to announce that Marc Frank Montoya has signed with Sims for another 2 years. “MFM is one of the most explosive riders out there and it was a no brainer, we gave him whatever he wanted” says Travis Wood, Director of Marketing fo
Dick’s Sporting Goods Q3 Net Income up 68% on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported net income for the third quarter ended November 1, 2003 increased 68% to
$4.7 million and EPS increased 29% to $0.18 per diluted share as compared to net income of $2.8 million and earnings per share of $0.14 per
Reda Sports Shuts Down with No Explanantion…
Reda Sports Inc. shuttered its doors on Friday with no explanation and is revealing little about the future of the sporting goods distributorship or its Kappa, Patrick, uhlsport, and Lanzera brands. In a conversation with a local newspaper, CEO Scott Red
Big 5 SG Prices Secondary Offering
Big 5 Sporting Goods Corporation announced the pricing of a public offering of 5,200,000 shares of its common stock at $18.12 per share. The offering was increased from the previously announced amount of 4,500,000 shares…
New Balance Talks on China Strategy…
In an exclusive interview with Sports Executive Weekly, New Balance Athletic Shoe president Jim Tompkins threw water on a Chinese newspaper report that suggested that New Balance would open 70 stores in China by the end of next year.
Can Everlast Expect to Ride Bling Bling to Better Results?
Everlast Worldwide is putting its name on everything these days — with a new jewelry line and a new fragrance the latest additions — in an attempt to bolster licensing revenues even as product sales continue to fall. Third quarter net sales for the com
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.
