After Some Turkey, Mall Retailers Take Aim at the Golden Goose…
While many of our gentle readers were lounging at home, top pants button undone, sated with the Holiday repast, Sports Executive Weekly was out pounding the tile in search of key indicators for this critical holiday season. Due to the realities of geogra
Sibley’s to Shut Down Operations…
Sibleys Shoes Inc., a key bellwether retailer for urban footwear trends in the Detroit market, said Wednesday that it will close its 29 retail shoe stores in Michigan and Ohio. The closures would signal the end of an 83 year run that started with a singl
Fila Names Burch Global Communications Head
Sport Brands International has named Fila USA's current SVP Marketing, Howe Burch to SVP Global Communications and Sports Marketing for Fila. In his new role, Mr. Burch will develop and oversee an integrated global marketing communications and sport
Kmart Adds Apparel Chief and CFO
Kmart Holding Corporation has announced that John D. Goodman will join the Company as Senior Vice President, Chief Apparel Officer, and James D. Donlon III will
join the Company as Senior Vice President, Chief Financial Officer, both reporting to Presiden
Asics Extends New York City Marathon Partnership
ASICS America Corporation and its parent company, ASICS Corporation of Japan, have announced the extension of their multi-year partnership with New York Road Runners, as the official apparel and footwear sponsor of the ING New York City Marathon…
Claiborne Completes Enyce Acquisition
Liz Claiborne Inc. announced today that it has completed the purchase of all of the equity interest in ENYCE HOLDING LLC for a purchase price of approximately $114 million, including the retirement of debt at closing…
JC Penney Completes Mexico Divesture
J. C. Penney Corporation, Inc. and its subsidiary, J. C. Penney Mexico, Inc., announced Monday that it has successfully completed the sale of its six Mexico department stores to Grupo Sanborns S.A. de C.V. of Mexico City. The sale transaction, which was a
NRF: Holiday Shopping Season Starts Strong
The ceremonial kickoff to the holiday season started with a bang, according to the findings of a new National Retail Federation (NRF) survey. The third installment of the NRF 2003 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch fo
Dan Cooke Steps Down as Chairman/CEO of Next, Inc.
Next, Inc. announced that Dan F. Cooke has decided to take a leave of absence from his position as Chairman and Chief Executive Officer for personal reasons. Mr. Cooke also has stepped down from the Board of Directors…
Retail Executive Survey Sees Positive Outlook Slip
Retailers experienced some moderation in traffic and sales in November according to the latest findings of the NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation and the Bank of Tokyo-Mitsubishi Ltd. The Retail Sector Per
Canari Covers Hawaii
Canari Cycle Wear is pleased to announce the appointment of Tom Kern as the company's sales rep for Hawaii…
Galyan’s Trading Outdoor for Athletic in New Retail Model as Q3 Loss Widens…
In a move that is a sharp departure from its long-held position that it is NOT a sporting goods store, in appears that Galyan’s Trading Company has finally come to the conclusion that they are what most people say they are – a big box sporting goods retai
Hibbett’s Focus Pays Bigger Dividends…
Hibbett Sporting Goods didn’t have as many weather-related issues in the third quarter due to a product mix focused on fewer cyclical items and weather-dependant categories like outerwear and outdoor equipment…
Hogan Apparel has Sport Haley Looking Ahead to Brighter Days…
Sport Haley’s fiscal first quarter results were encouraging for management, but the company let a 9% increase in SG&A costs prevent a positive net income. The net loss did, however, decrease 7% from $173,000 to $161,000, showing some improvement…
Watercraft Sinks Johnson Outdoors…
Johnson Outdoors is taking full responsibility for their poor performance in the fourth quarter. Chairperson and CEO Helen Johnson-Leipold said repeatedly said in a conference call with analysts that the management team is “disappointed”, and “It’s time
