DuPont Textiles Gets a New Name
DuPont Textiles & Interiors (DTI), has announced that it will be called INVISTA(TM) effective immediately. The name change represents the company's next step toward separating from its parent company and crystallizing its distinct, independent corpor
Value City August Comps Up 4.2%
Value City Department Stores announced total sales for the four weeks ended August 30, 2003, increased 8.7% to $205.1 million from $188.7 million for the four weeks ended August 31, 2002. The company's same store sales increased 4.2% for the four wee
Stefan to Head Ellesse U.S. Unit
Pentland Brands plc, parent company of Ellesse International, has appointed Maria Stefan as President of Ellesse, USA. Maria will be responsible for the re-launch of the brand in the United States as a premium Italian sportswear label built on the herit
Nike Completes Converse Acquisition
Nike, Inc. has completed the acquisition of Converse, Inc. Under the final terms of the transaction, originally announced on July 9, 2003, Nike Inc. purchased 100% of the equity shares for approximately $305 million…
GoLite and EMS Team Up For Adventure Racing
GoLite and Eastern Mountain Sports have joined forces in the sport of adventure racing, introducing Team GoLite/EMS at the 2003 Subaru Primal QuestÒ adventure race this weekend in Lake Tahoe, California…
NSGA Retail Footwear Survey Confirms H1 Woes
According to a National Sporting Goods Association Market Survey, retail sales of athletic footwear slipped 4.4% during the six-month period, October 2002 through March 2003. Sales for the six-month reporting period were $6.24 billion versus $6.52 billion
Montbell Opens New Distribution Center
MontBell America announced that it will add a new distribution and service center in Boulder, Colorado.
The 7000 square feet facility located in Wilderness Place in Boulder will serve as a distribution and service center for its own retail operation and
Huffy Corp. Makes Leadership Changes
Huffy Corporation announced that William Smith has been named President and General Manager of Huffy Bicycle Company. Additionallu the company named James Salter to the newly created position of President, New Business Development & Acquisition Financing
American Eagle August Same Store Sales Off 10.3%
American Eagle Outfitters announced that total sales for the four-week period ended August 30, 2003 decreased 0.6% to $155.6 million, compared to $156.5 million for the four-week period ended August 31, 2002. Comparable store sales for the American Eagle
Aeropostale Reports August Comps Up 1.6%
Aeropostale announced that total net sales for the four-week period ended August 30, 2003 increased 26.3% to $87.4 million, compared to $69.2 million for the four-week period ended August 31, 2002. The company's comparable store sales increased 1.6%
Rocky Announces New Board Member
Rocky Shoes & Boots announced Harley E. Rouda, Jr., has been appointed to its Board of Directors. He is serving as a Class I Director and the term expires at the company's Annual Meeting of Shareholders in 2005. Mike Brooks, Chairman and Chief Execut
180s Appoints New CFO
180s, maker of innovative performance wear, has appointed Ted Galovan as Chief Financial Officer. Prior to joining 180s, Galovan was the Chief Financial Officer and Senior Vice-President of Business-Development for EAS, Inc…
Positive Industry Trend Continues, But Slows…
Vendors and manufacturers in the industry kept the positive trend moving ahead in the 2003 second quarter, but saw sales growth and profit growth slow a bit from the first quarter results. Much of the slower growth can be attributed to the pull-back seen
Kmart Narrows Loss; Comps Still Down…
Kmart reported a much smaller loss in the 2003 fiscal second quarter, but sales were still stuck in the doldrums as the discount retailer fights to re-build consumer traffic and sales after its emergence from Chapter 11 bankruptcy protection…
Billabong Rides Surfer Girl Wave…
Billabong released year-end financials and it looks like a strong year for the Aussie Surf-wear manufacturer with sales in America and Europe leading the way…
