Build It And They Will Come
We all remember the day when every suburban kid was walking to class wearing a Mountain-light Jacket. It was a $300 2-ply Gore-Tex fashion statement, and the outdoor specialty shops couldn’t order them fast enough. I remember re-stocking North Face Jack
Former CGA Board Members Respond To New Climbing Gym Challenges…
A woman died last month in Missouri after a fall from a portable climbing wall. The accident, seen as the first fatality in the history of the climbing gyms in the U.S., occurred during a changing of the guard within the industry, during a time when a nu
Pacific Sunwear Q2 Net Income Jumps 84%; Sales Up 23%
Pacific Sunwear saw net income for the second quarter of fiscal 2003 increase 84% to $13.4 million, or $.26 per share, basic and diluted, over net income of $7.3 million, or $.15 per share, basic and diluted, for the second quarter of fiscal 2002. Sales
Top-Flite Can Use Cash for Lawyers…
Top-Flite Golf Co. received bankruptcy court permission last week to use cash that is collateral for secured debt to fund its Chapter 11 restructuring. The company’s unsecured creditors has challenged the company’s move to use the collateral, contending
Gildan Builds More Share in Fiscal Q3…
Gildan Activewear reported net sales for its fiscal third quarter benefited from the inclusion of an extra week in the reporting period. Sales were up 4.2% to C$204.0 million ($142.1 million) compared to C$195.7 million ($125.1 million) in the year-ago q
NIKE Declares Dividend
On August 11, 2003, the Board of Directors of NIKE, Inc. declared a cash dividend of fourteen cents ($0.14) per share on its outstanding Class A Common Stock and Class B Common Stock payable October 1, 2003, to shareholders of record at the close of busin
Nike Opens Golf RandD Center; June Retail Sales Double
Nike Golf unveils its first full-service and dedicated research & design facility for the development of performance golf clubs and the testing of both golf clubs and golf balls in Fort Worth, Texas. The company alos revealedits latest retail golf sales
ShopKo Stores July Comps Decrease 2.1%
ShopKo Stores, Inc. reported consolidated sales for the four weeks ended August 2, 2003 decreased 2.4% to $224.6 million from $230.2 million during the same period last year. Consolidated comparable store sales decreased 2.1%…
Gottschalks July Comps Inch Up 0.1%
Gottschalks announced that July 2003 same store sales increased 0.1% from the prior year. Total sales decreased 2.8% to $42.0 million from $43.2 million in July 2002…
The Buckle Sees July Comps Decline 2.5%
The Buckle, Inc. announced that sales for the four-week period ended August 2, 2003 increased 1.1% to $32.2 million from sales of $31.9 million in the corresponding four-week period ended August 3, 2002. Comparable store sales declined 2.5%…
Prince Appoints New CFO
Prince Sports, Inc. announced the appointment of Dave Evins as Executive Vice President and Chief Financial Officer, reporting directly to George Napier, CEO. In addition to being a key part of the senior management team, Evins' scope of responsibili
Shoe Carnival July Same-Store Sales Inch Up 0.3%
Shoe Carnival, Inc. reported sales for the four-week period ended August 2, 2003 increased 12.6 percent to $47.2 million from sales of $41.9 million for the four-week period ended August 3, 2002. Comparable store sales increased 0.3 percent in July 2003..
Goody’s Q2 Comp Store Sales Up 0.9%
Goody's Family Clothing reported total sales for July incrase 2.4% to $92.3 million and comparable store sales inched up 0.9% versus the year-ago July period…
Stage Stores July Comps Dip 1.0%
Stage Stores Inc. reported that comparable store sales for the four-week period ended Aug. 2, 2003 decreased 1.0% as compared to the prior year four-week period ended Aug. 3, 2002, during which comparable store sales increased 2.1%. Total sales increased
Urban Outfitters Q2 Comp Stores Sales Up 11%
Urban Outfitters, Inc. announced total Company sales for the second quarter climbed to a record $122.9 million, a 22% increase over the same period last year. Total company comparable store sales increase of 11% on top
of an 11% 'comp' store sa