Elder-Beerman May Comps Dip 0.3%
Comparable store sales for The Elder-Beerman Stores Corp. increased 1.5% for the four weeks ended May 31, 2003 compared to the four weeks ended June 1, 2002. Total store sales decreased by 0.3% to $42.6 million versus the same period last year…
Pacific Trail to Run as Separate Operation
London Fog Industries will separate its three primary divisions–Pacific Trail, London Fog Trade and London Fog Factory Outlet Stores–into independently managed businesses. As FFI CEO, Bill Dragon will continue to direct and oversee all operations of th
Phoenix Will Report Q2 Charge Due to Shareholder Suit
Phoenix Footwear Group, Inc. has received a decision from the Superior Court in Penobscot County, Maine regarding the dissenting stockholders suit associated with Phoenix Footwear's March 2000 acquisition of the Penobscot Shoe Company. The Court det
Zevo Golf Loses Out to Bigger Companies
Zevo Golf's clubs were known for their distance but the company's marketing came up short. Outgunned by bigger companies with much bigger advertising budgets, the Temecula, CA maker of golf clubs, drivers and accessories found itself in the
Former Reebok Exec Named Dollar General Chaiman
Discount retail chain Dollar General Corp. on Monday said it named Chief Executive David Perdue as chairman, as expected. The former Reebok Brand president joined the company on April 2 as CEO and a member of the board…
Puma’s Major Shareholder Sells Entire Stake in Company
Shares at Puma AG fell as much as 10% in early trading on Monday after major shareholder, Monarchy/Regency Enterprises, put its entire 39% holding up for sale. Puma said it has no plans to look for another majority shareholder to replace the entertainmen
Gold Toe Manufacturing Temporarily Interrupted
Gold Toe Brands (formerly Great American Knitting Mills) on Monday reported that manufacturing of their socks in Mexico has been interrupted due to a fire at one of their suppliers. The company is confident that this interruption will have minimal impac
Callaway Settles with ‘Big Easy’ Knockoff Sellers
Callaway Golf Company announced that Shirley Tsou and GolfCo in Brea, California, as well as Alex Mowry and National Golf Liquidators of Oceanside and Anaheim, California, have agreed to a permanent injunction prohibiting them from selling “Big Easy” golf
Tropical Sells the Duck Head Brand to Goody’s
Tropical Sportswear Int'l Corporation announced has sold the Duck Head trademark to Goody's Family Clothing, Inc. for $4 million in cash. The purchase agreement provides that TSI will be able to continue to sell existing Duck Head inventory for
Piraino Resigns from GolfGear International Inc.
Michael A. Piraino has resigned as president, chief financial officer and director of GolfGear International Inc., to pursue other business interests, it was announced Monday by Peter Pocklington, chairman…
New Balance to License Socks to Moretz
New Balance Athletic Shoe, Inc. has signed a license agreement with Moretz Sports for performance socks.
Effective January, 2004, Moretz Sports will manufacture, market and distribute New Balance performance socks in association with the New Balance sales
Adams Golf CFO Resigns
Adams Golf announced Friday that its Chief Financial Officer, D. Keith Ford has resigned from the Company to pursue other interests. Mr. Ford joined the Company in December 2002…
NPD Study Reports Consumers to Spend More on Apparel and Footwear
According to a post-war consumer spending study, recently released by The NPD Group, Inc., many consumers are willing to spend more on apparel and footwear, despite disappointing retail sales. According to NPD, the apparel and footwear industries decreas
SGMA: Children’s Sports Interests Run The Gamut
Once again, sports, fitness initiatives and fun festivities are the dominant sports/recreational activities for America’s children. That’s the conclusion of SGMA International following its recent analysis of the Superstudy® of Sports Participation
Kellwood Q1 Sales and Earnings Jump on Acquisition Contribution
Kellwood Company reported sales for the first quarter increased $118 million, or 21%, to $689 million versus $571 million last year. The increase includes $98 million from the acquisition of Gerber Childrenswear in June 2002. Net earnings for the quarter
