Variflex Swings to Fiscal Year-End Profit on 24.5% Sales Gain
Variflex, Inc. announced a return to profitability for the fiscal year ended July 31, 2003. The Company also announced that it has entered into an exclusive licensing agreement with World Industries, a leading skateboard manufacturer. VFLX reported fisca
Shoe Carnival September Comps Rise 1.8%
Shoe Carnival, Inc. reported sales for the five-week period ended October 4, 2003, increased 11.7% to $44.4 million from sales of $39.8 million for the five-week period ended October 5, 2002. Comparable store sales increased 1.8% in September 2003…
Costco Fiscal Year Net Income Up 3.0% on 5.0% Comp Increase
Costco Wholesale Corporation announced net sales for fiscal 2003 were $41.69 billion, an increase of 10% from $37.99 billion during the prior 52-week fiscal year ended September 1, 2002. Comparable warehouse sales increased 5% over the comparable 52-week
SGMA Elects New Board Members
SGMA International re-elected Dick Kazmaier as to Chairman of the Board of the trade association. adidas EVP Tim Joyce was re-elected as Vice Chairman. Tom Rogge maintains his position as Secretary/Treasurer and John Riddle was re-appointed President/CE
Malden Mills Snags $19 Million in Defense Department Deal
Malden Mills Industries Inc., makers of Polartec performance textiles, announced that the U.S. Congress has approved $19.1 million for Polartec garments for the U.S. Military in the 2004 Defense Spending Bill. Included in this funding is $3 million to co
NPD: Kids Spending Less on Apparel
Trailing twelve month purchases for tween and teen apparel for the period ended July 2003 decreased 17.6% and 13.8% in dollar volume, respectively, according to leading market information company The NPD Group, Inc. This compares to a 6.3% decline from 2
Big Brother Makes The First Move
Just a few weeks after the Climbing Wall Association completed their formation, they face their first big challenge – government regulation…
Some Sinister Plans in Store for Bike Maker…
Sonnax Industries, an automobile parts manufacturer, has purchased Sinister Bikes. On the surface this may seem like a corporate buyout that could ruin the downhill bike manufacturer, but in reality it seems like Neil Joseph, the owner of Sonnax, will fi
Reebok Taps Sonny Vaccaro to Run Grassroots Basketball
Reebok International and sports marketing legend Sonny Vaccaro have entered into an agreement to create a comprehensive grassroots basketball platform designed to further connect the sports and fitness brand to the youth basketball market. Vaccaro will b
INTERBIKE is THE Place To Be This Weekend…
The InterBike Tradeshow is shaping up to be a record-breaking event on just about every level. Preliminary attendance levels are the highest they have been since 1998 with 14,000 retailers from 3,300 bike shops pre-registered. The show has seen a 43% gro
Tamarack Postpones Opening
Tamarack Resort, the $1.5 billion new ski area in the Idaho Rockies, has postponed Alpine Skiing due to commence this winter until 2004/5. Tamarack was one of two new ski areas due to open this winter, along side Moonlight Basin in Montana.
New Era Brings In Their First Corp Communications Manager
New Era Cap Company has hired Crystal Howard as New Era's first corporate communications manager. Howard will report to John DeWaal, vice president of global marketing. She will be located in the company's Derby, N.Y. headquarters…
Chris Brewer Is VP Performance Footwear At Fila
In a continuing effort to develop best-in-class products and increase its market share in the athletic footwear category through improved innovation and design, Fila CEO Jon Epstein has named Chris Brewer as VP Performance Footwear for the company…
Jordan Signs Two New Faces
Jordan, a division of Nike, announced the addition of All-Star point guards Gary Payton and Jason Kidd to Team Jordan, the group of professional athletes hand-picked by Michael Jordan to represent the Jordan brand of footwear and apparel…
Women’s Golf Seeing Pink from Rules…
The rules and costs associated with a company being a publicly-traded entity has claimed another victim, as Women's Golf Unlimited, Inc. announced last week that they have filed Form 15, Certification & Notice of Termination of Registration, with the