Cutter and Buck Responds To Insurance Case Ruling
Cutter & Buck Inc. responded to the court's issuance of an order rejecting the company's claims against Genesis Insurance Company. Cutter & Buck had sought reinstatement of its directors' and officers' liability insurance policy, which
Dick’s SG to Issue $125 Million in Bonds
Dick's Sporting Goods, Inc. announced that it intends to offer, subject to market and other conditions, approximately $125 million issue price of 20-year convertible senior notes through an offering within the United States to qualified institutional
Parkdale America Tangled in Antitrust Case; Fines may Impact Unifi
Unifi has been informed by Parkdale America, a private company in which Unifi holds a 34% interest, that Parkdale participated in activities with competitors in the markets for open- end and air-jet cotton and polycotton yarns used in the manufacture of h
VF Posts Record Q4 Numbers on 6% Sales Increase
VF Corporation announced record results for the fourth quarter and record earnings for the full year. Q4 earnings from continuing operations rose 52% to $.96 per share, compared with $.63 per share in 2002. Income from continuing operations was $105.6 mil
Sport Haley Sales Up 18% in Fiscal Q2
Sport-Haley reported unaudited earnings for the fiscal quarter and six months ended December 31, 2003. Net sales for the fiscal quarter were $4.8 million, an increase of $722,000 or 18%, from net sales of $4.0 million for the same quarter in the prior fis
Kewl is Moving Forward with Infrastructure
Kewl International, the U.S. marketer and distributor of KEWL hockey-based apparel, said today that it has been moving forward to create the necessary infrastructure to launch KEWL branded apparel lines in the U.S. and Europe with assistance from a variet
Skechers Appoints Schneider to Board
SKECHERS announced that Fred Schneider has been appointed to the Company's board of directors and the audit committee of the board of directors…
Amer Group 2003 Profits Down 5.5% on Flat Sales
Amer Group's net sales in 2003 were up 0.2% to €1,104.4 million ($1.25 bn) compared to €1,101.9 million ($1.04 bn) in 2002. Excluding foreign currency exchange rates, sales would have increased 9.6%. Excluding both the Precor gain and the FX rate l
K-Swiss Q4 EPS Jumps 92% on 51% Sales Increase; Backlog Up 33.5%
K-Swiss reported net earnings increased 81.4% to $8.7 million, or $0.23 per diluted share, compared with $.8 million, or $0.12 per diluted share, in the prior-year period. EPS jumped 91.7%. Total Q4 worldwide revenues increased 51.2% to $80.4 million com
Shoe Carnival Comps Down 3.3% in January
Shoe Carnival, Inc. reported sales for the four-week period ended January 31, 2004 increased 6.4% to $30.2 million from sales of $28.4 million for the four-week period ended February 1, 2003. Comparable store sales decreased 3.3% in January 2004. SCVL bl
Foot Locker Gets Lift in Q4; Comps Up 3.9%
Foot Locker, Inc. reported sales for the 13-week period ended January 31, 2004 of $1,333 million, versus $1,214 million in the comparable period last year, an increase of 9.8%. Comparable store sales for the Company's 2003 fourth quarter increased 3.
Genesco Acquires Hatworld in $165 Million Deal
Genesco Inc. and Hat World Corporation they have signed a definitive agreement whereby Genesco will acquire Hat World, a leading specialty retailer of licensed and branded headwear. The total purchase price for Hat World will be $165 million, subject to a
Hibbett Posts 8.3% Comp Store Sales Gain for Q4
Hibbett Sporting Goods, Inc. reported net sales for the 13-week period ended January 31, 2004 increased 20.8% to $91.2 million, a new Company record, compared with $75.5 million for the 13-week period ended February 1, 2003. Comparable store sales for the
SIA Sells Customers First to Leisure Trends
SnowSports Industries America has announced the sale of Customers First to the Leisure Trends Group (LTG) based in Boulder, Col. Leisure Trends’ acquisition will enable Customers First to enhance its product line, offer a broader scope of services and t
OR Feels Some Positive Momentum
Outdoor Retailer recently held its annual Winter Market in Salt Lake City, Utah and spirits were high throughout the Salt Palace Convention Center as retailers and exhibitors gathered to discuss the business, politics and future of the outdoors.