Continuing a 24-year relationship, Tachikara USA, Inc., has extended its status as The Official Volleyball Supplier of the NAIA under terms of a new five-year agreement effective until December, 2007…
Results for "amer"
Oakley 2002 Net Income Down 19.6% as Sales Increase 14%
Oakley, Inc. announced total 2002 net sales increased 14% to $489.6 million, fueled by a 19.2% increase in U.S. net sales to $254.0 million, including a 267.1% increase in Oakley's retail store sales to $32.6 million. International net sales increase
Delmore Brothers Join Hilfiger Footwear; Dugan Signs On for Chicago
Courtney Delmore & Trevor Delmore, who are credited with developing and launching the footwear strategy for FUBU in the U.S., have joined the Tommy Hilfiger Footwear team and will handle sales in the Northeast Corridor from New Jersey through New England.
Footstar Rapidly Expanding Wal-Mart Partnership
Footstar, Inc. announced that it has reached an agreement with Wal-Mart Stores, Inc. to supply Thom McAn family footwear for up to 1,500 Wal-Mart stores, including the original 300 stores that began selling Thom McAn in October 2002…
Gildan Fiscal Q1 Profits Jump 107% on 16% Sales Growth
Gildan Activewear Inc. reported net earnings rose 107% to $5.8 million for the quarter ended December 29, 2002, or $0.20 per diluted share, up 100% from the first quarter of fiscal 2002. Sales for the first quarter were $102.3 million, up 15.9% from $88.
Deep Discounts Mean Retail Stores Feel Pain
Laurie Gilbert traveled down from Freeport Tuesday to look for socks at the Maine Mall. She ended up finding sales she couldn't refuse, and walked away with some compact disks and a pair of shoes — as well as the socks that initially drew her to
Saks Inc. January Comps Decrease 2.1%
Retailer Saks Incorporated announced that comparable store sales for the four weeks ended February 1, 2003 compared to the four weeks ended February 2, 2002 decreased 2.1% on a total company basis. By segment, comparable store sales were flat for SDSG and
AAMI Signs Agreement with Nations Best Sports
American Ammunition, Inc. has announced that it has been approved as a vendor for Nations Best Sports assured payment program, which guarantees payment of all its individual members…
Department Stores Reinvent Themselves in Effort to Remain Relevant
Wider aisles, centrally located cash registers, and new brands greet customers of Sears, Roebuck and Co. The Hoffman Estates, Ill.-based merchant is one of many retailers reeling from recession and hoping to turn things around this year…
adidas Net Income Growth Slowing in 2003…
adidas-Salomon AG reported that sales for 2002 grew 11% on a currency-neutral basis exceeding $7.04 billion (€ 6.5 billion) for the year. Net income rose 10% to $248 million (€ 229 million), or $5.46 per share, up from $4.98 per share in 2001. Currency
Cannondale Gets New Life – For Now…
Cannondale filed for Chapter 11 bankruptcy protection in U.S. Court last week, pointing to losses in its motor- sports division that inhibited the company's ability to make future investments…
Luxottica Reports 2002 Net Income Increases 17.6%
Luxottica Group S.p.A. announced consolidated net sales for the quarter ended December 31, 2002 declined 7.7% to 668.6 million euros. Net income for the quarter rose year-over-year by 22.3% to 74.4 million euros…
SIA Appoints New Chairman, Board Members
A new chairman and three directors were elected
to the SnowSports Industries America board of directors this week at the association’s annual meeting in Las Vegas. The meeting was held in conjunction with the 2003
SIA SnowSports Show…
Kmart Receives Exit Financing Approval
Kmart Corporation on Wednesday announced that it has received bankruptcy court approval for the $2 billion in exit financing from GE Commercial Finance, Fleet Retail Finance Inc. and Bank of America, N.A…
adidas Expects 11% Sales Increase in 2002; Net Income Up 10%
Based on preliminary figures, adidas-Salomon sales in 2002 topped euro 6.5 billion, reaching the highest level in the Group's history. This is a 7% year-over-year improvement in euros (2001: euro 6.1 billion) and an 11% improvement on a currency-neut