Genesco Adds Nike to Mall Mix…
Genesco is tapping into the renewed focus on athletic in the mall, deciding to add Nike to their broad breadth of footwear suppliers at Journeys and Underground Station. The company said it will add Nike to a “majority” of Underground Station stores and
Sporting Goods Push Total Online Sales Higher
Signs of an improving economy and increased consumer spending on nontraditional online product categories like apparel, home decor, and sporting goods have catapulted 2003 U.S. online sales. According to Forrester Research, Inc., U.S. online sales for 20
Nike Increases Quarterly Dividend 43%
The Board of Directors of NIKE, Inc. has declared a quarterly cash dividend of 20 cents per share on the Company's outstanding Class A and Class B Common Stock, which represnts a 43% increase over the previous quarterly rate of 14 cents per share…
SnowSports Industry Conference Launched
SnowSports Industries America (SIA), TransWorld Snowboarding and Mountain Sports Media are joining forces to produce The Snow Industry Summit, a high level business conference that will address global issues affecting all aspects of the snow sports indust
Russell Ups Fiscal 2004 Full Year Guidance
Russell Corporation has raised its guidance for fiscal 2004 net income to $1.40 to $1.60 per share given the recent change in cotton prices and projected cost savings from its Operational Improvement Program. Previously, the Company had indicated that it
Fourth Quarter Net Income Up at Stage Stores On Lower Sales
Stage Stores, Inc. net income for Q3 ended November 1, 2003 was $12.9 million, or $0.63 per diluted share, compared to $10.2 million, or $0.50 per diluted share, for the prior year Q3. Total sales for the 13-week period decreased 3.2% to $197.9 million fr
The Hockey Company Acquires German Distributor
The Hockey Company Holdings announced the proposed acquisition of Norbert Ewald GmbH (Ewald Sport Service), a leading hockey equipment distributor in Germany, in order to better service the Central European market…
Hibbett Q3 Net Jumps 65% on 6.9% Comp Sales Increase
Hibbett Sporting Goods, Inc. announced net sales for the 13-week period ended November 1, 2003, increased 17.0% to $78.4 million compared with $67.0 million for the year-ago period. Comparable store sales increased 6.9% in the third quarter of fiscal 200
Novak Joins Mountainsmith as VP Sales
Peter Novak has been named as Vice President of Sales for Mountainsmith, the Colorado-based innovator of cutting-edge packs, bags, and luggage. Novak, who was most recently with Royal Robbins as National Sales and Marketing Manager for their 5.11 Tactica
SGMA: Apparel ASP Dropped Almost 12% in 2002
The industry is selling more apparel for less. That's the underlying theme of SGMA International's Sports Apparel Monitor (2003 edition), produced in conjunction with The NPD Group, Inc. According to the report, the retail sports apparel marke
NSGA Lands Strong Group for Conference Footwear Panel
The NSGA has put together an outstanding footwear panel this year for the 40th Annual NSGA Management Conference, which will be held May 16-19, 2004, at the Hilton Head Marriott Beach & Golf Resort. Marshal Cohen, Co-President of NPD Fashionworld, will p
Columbia Signs Home Furnishings Licensee
Columbia Sportswear Company announced that is has signed a license agreement with PEM America for the design, manufacture and marketing of a new Home Furnishing collection — bed pillows, comforters, throws, mattress pads, blankets and bath accessories. T
Nordstrom Q3 Earnings Jump 147% on 5.0% Comp Gain
Nordstrom, Inc. reported net earnings increased 147% to $45.5 million, or 33 cents per diluted share, for the third quarter of 2003 ended November 1, 2003, compared to net earnings of $18.4 million, or 14 cents per diluted share, for the year-ago period.
Next, Inc. Addresses of Securities Fraud Charges
Responding to questions about potential federal securities fraud charges against its CEO, Next, Inc. issued a release Thursday that no one associated with the alleged charges had been served with an “official copy of the complaint”. The company was react
Mossimo Reportedly Cuts Design Staff
Media sources are reporting that Mossimo Inc. laid off four of its clothing design staff Thursday, according reports from the company's Canadian retail partner. The affected staff is reportedly is comprised of “most of the team in charge of designin
