Reda Sports Shuts Down with No Explanantion…
Reda Sports Inc. shuttered its doors on Friday with no explanation and is revealing little about the future of the sporting goods distributorship or its Kappa, Patrick, uhlsport, and Lanzera brands. In a conversation with a local newspaper, CEO Scott Red
Dick’s Sporting Goods Q3 Net Income up 68% on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported net income for the third quarter ended November 1, 2003 increased 68% to
$4.7 million and EPS increased 29% to $0.18 per diluted share as compared to net income of $2.8 million and earnings per share of $0.14 per
Skecher Signs Swimwear Licensee
Skechers USA, Inc. announced that Christina America, Inc. has been named the licensee for Skechers-branded women's and junior swimwear in the United States and select international markets including Canada and the United Kingdom…
Marc Frank Montoya signs with Sims for another 2 years:
Sims snowboards is pleased to announce that Marc Frank Montoya has signed with Sims for another 2 years. “MFM is one of the most explosive riders out there and it was a no brainer, we gave him whatever he wanted” says Travis Wood, Director of Marketing fo
Lands End Hires McCreight As SVP Core Merchandising
Lands' End, Inc., has named David McCreight, a nationally regarded merchandising and retailing executive at Disney Stores Worldwide, to senior vice president of core merchandising, Lands' End. McCreight will join Lands' End on Dec. 1, and w
Burlington CEO Speaks Out On China Safeguards
Wilbur L. Ross, Chairman of Burlington Industries said, “We are delighted with the Administration's decision regarding the China safeguards. The textile and apparel industries have been hurt severely by inappropriate behavior on the part of China and
Boeri Refutes Consumer Report’s Findings
In the December 2003 issue of Consumer Reports Magazine an article was published titled “Safety on the Slopes”. In this article several ski helmets were tested and evaluated by the staff at Consumer Reports. One of the tested models was the Boeri Axis Rag
SmartWool Signs Partnership Agreement With Vail
SmartWool is pleased to announce a multi-year partnership with Vail Resorts, designating SmartWool as the “Official Sock” for many of the top ski areas in the country: Vail, Beaver Creek, Breckenridge Resort, Keystone and Heavenly Ski Resort…
Reebok Inks Alliance Deal with American Heart Association
Reebok International Ltd. has announced plans for a multi-faceted alliance with the American Heart Association (AHA) to increase public awareness and raise funds to fight heart disease, the #1 cause of death in America. With the help of the AHA, Reebok w
Sake Inc. Q3 Earnings Jump on Extraordinary Charges
Saks Incorporated recorded net income of $12.4 million, or $.09 per share, for the third quarter ended November 1, 2003, compared to net income of $1.9 million, or $.01 per share, last year. For the third quarter, total sales grew 4.3%, and comparable st
Airwalk Foreclosure Plan Stymied at 11th Hour…
Airwalk International’s parent company, Sunrise Capital Partners, almost made it to the finish line in their bid to buy the troubled company out of foreclosure on Friday, but they were stymied at the eleventh hour by a group of Asian factories and an agen
Pacific Sunwear Sees the Fleecing of America’s Teen Consumer…
The warmer weather in late October may have put a damper on some hot “cool weather” categories for Pacific Sunwear’s two retail concepts, but November is starting to shape up again, with the fleece category driving increases at both PacSun and d.e.m.o. N
Margins Help Adams Golf Pare Q3 Loss…
The combination of rising sales and improved efficiencies had an obvious impact on the bottom line at Adams Golf, with the company posting a narrowing its Q3 loss to $343,000 from a loss of $4.3 million in the year-ago period. Total net sales increased 3
Lower GM Hurts Golfsmith Q3 Profits…
Golfsmith International saw net income for the third quarter fall 70.6% to $1.1 million from $3.4 million in the year-ago period. Net income from U.S. operations contributed 85.3% of total earnings, while Canada operations contributed 10.4% and Europe pro
Warnaco Looks for More from Speedo…
Speedo parent Warnaco said that the company’s swimwear group always runs losses in the third quarter since the company sees just 10% of its total year revenues for the division in Q3. But the operating loss widened for the period to $8.6 million from $3.
