Yue Yuen Posts 35.8% Profit Increase for Q1
Yue Yuen Industrial Holdings Limited announced its unaudited consolidated results for the three months ended 31st December, 2003. Turnover and net profit increased year-on-year by 5.4% to US$644.7 million and 35.8% to US$93.9 million respectively…
Veltex to Acquire Embroidery Firm
Veltex Corporation has signed a letter of intent to purchase MKL, Inc., Anaheim, California, in a cash plus stock transaction. MKL, a private company, specializes in embroidery of logos and other designs on caps and garments for the promotional products i
Vail Resorts Reports Record Q2
Vail Resorts announced financial results for Q2 of 2004. Mountain revenue was $201.4 million, a 6.9% increase from $188.4 million for the comparable period last year. Mountain expense increased $3.4 million, or 2.7%, to $126.9 million. Lodging revenue for
National Geographic Adventure Appoints New Account Manager…
Brigitte Baron has been appointed account manager of the Northwest region for National Geographic Adventure magazine. Formerly the magazine's New England account manager, Baron is relocating this week from New York to Adventure's Los Angeles off
American Skiing Company Weathers Difficulties at Eastern Resorts
American Skiing Company announced its financial results for its second fiscal quarter and six months ended January 25, 2004. The Company reported improved financial performance at its western resorts that has helped mitigate the impact of challenging wea
Hibbett Posts 36.7% Net Income Gain in Q4
Hibbett Sporting Goods, Inc. reported net income for the fourth fiscal quarter increased 41.3% to $6.5 million compared with $4.6 million in Q4 last year. Earnings per diluted share increased 36.7% to 41 cents from 30 cents in the prior year. Net sales i
Quiksilver Fiscal Q1 Net Up 40% on 33% Sales Gain; Raises 2004 Guidance
Quiksilver, Inc. announced consolidated revenues for the first quarter of fiscal 2004 ended January 31, 2004 increased 33% to $256.1 million compared to $192.1 million for the year-ago period. Consolidated net income for the Q1 increased 40% to $9.2 milli
Target Corp. May Sell Off Mervyn’s and Marshall Field’s
Target Corporation announced that it will review strategic alternatives for its Mervyn's and Marshall Field's divisions. Goldman Sachs has been engaged to advise the Corporation in this review. In 2003, Mervyn's generated $3.6 billion in r
Muellers Finalize Crested Butte Purchase
Tim and Diane Mueller, owners of Okemo Mountain Resort in Ludlow, VT and operators of Mount Sunapee Resort in Newbury, NH are pleased to announce that the purchase of Crested Butte Ski Resort in Colorado from the Callaway and Walton families and it subsid
Element Skateboards Hosts Philanthropic Fundraiser for Elemental Awareness
Element Skateboards announced plans to host the first annual philanthropic fundraiser benefiting Elemental Awareness. The event, called compressionSF, will be held on March 18, 2004 at popular San Francisco venue Suite one8one and will mark the organizati
Callaway Golf is Market Share Leader for 2003
According to 2003 figures released by Golf Datatech Callaway Golf continued to lead the woods market in both units sold at 18.0% and revenues earned at 24.0% and topped the irons market with 17.2% of the units sold and 26.1% of revenues. This marks the se
Costco Comps up 11% in February
Costco Wholesale Corporation announced its operating results for the 4-week retail reporting month of February. The Company today reported net sales of $3.49 billion for the 4-week retail reporting month of February, the four weeks ended February 29, 200
The Buckle Sees 10.8% Comp Sales Increase in February
The Buckle's sales for the four-week period ended
February 28, 2004 increased 14.9% to $29.3 million from sales of $25.5 million in the corresponding four-week period ended March 1, 2003. Comparable store sales, for stores open at least one year, wer
Sea to Summit Sees 120% Growth
Sea to Summit, manufacturer of backpacking and travel accessories, experienced 120-percent growth in 2003.
On the heels of this success, Sea to Summit principle Andrew Dunbar expanded the product offerings in the Sea to Summit line to the U.S. market and
JC Penney DS February Comps Jump 12.1%
J. C. Penney comparable department store sales increased 12.1 percent for the four weeks ended Feb. 28, 2004, well above expectations. Sales were strong across all merchandise divisions and benefited from good sell through of Spring apparel and a positive
