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Vail Resorts, Inc. Reveals SEC Probe

<p>Vail Resorts, Inc. announced that the Securities and Exchange Commission (&#8220;SEC&#8221;) has informed the Company that the SEC has issued a formal order of investigation with respect to the Company&#8230;</p>

Former TNF Execs Settle SEC Fraud Allegations

<p>Securities and Exchange Commission regulators said three former executives of outdoor apparel manufacturer North Face Inc have agreed to settle charges of accounting fraud related to allegations they inflated financial results&#8230;</p>

Russell Corp Shows Dramatic Turnaround in 2002

<p>Russell Corporation announced net sales for 2002 increased $3.4 million, or 0.3%, to $1.164 billion versus $1.161 billion in fiscal 2001. Excluding sales from businesses that were acquired or discontinued, 2002 net sales on an ongoing basis increased 2% </p>

Benjamin Russell Will Retire From Russell Board

<p>Russell Corporation announced that Benjamin Russell will retire as a member of its Board of Directors at the company&#039;s annual meeting in April 2003. Russell, 65, has been a member of the board since 1963&#8230;</p>

Warren Buffett Wins Bidding for Burlington

<p>Burlington Industries, Inc. and Berkshire Hathaway, Inc. announced Tuesday that they have executed a definitive agreement for Berkshire Hathaway to acquire Burlington Industries. Following emergence from Chapter 11, Burlington will operate as a wholly o</p>

Federated Re-Aligns Consumer Direct Businesses

<p>Federated Department Stores, Inc. announced that its Bloomingdale&#039;s By Mail catalog and the macys.com e-commerce businesses are being realigned to operate under their respective namesake divisions&#8230;</p>

Huffy Narrows 2002 Loss on 13% Sales Increase

<p>Huffy Corporation announced earnings from continuing operations, for the year ended December 31, 2002, were $4.6 million or $0.38 per common share compared to a loss from continuing operations of $8.4 million or $0.82 per common share for the prior year. </p>

ShopKo Promotes Wurl to SVP/GMM Hardlines

<p>ShopKo Stores, Inc. announced the promotion of Doug Wurl to senior vice president/general merchandise manager &#8211; hardlines and home for the company&#039;s ShopKo division&#8230;</p>

The North Face Helps Offset Daypack Woes at VF Corp.

<p>VF Corporation reported sales in the company&#039;s Outdoor businesses rose 17% in the fourth quarter and 3% in 2002. An increase of 22% in first quality sales of The North Face brand products and an 11% increase in international Outdoor sales in 2002 wer</p>

Brass Eagle 2002 Net Income Surges 149% on 14% Revenue Rise

<p>Brass Eagle Inc. reported net sales for the fiscal year ended December 31, 2002 increased 14.1% to $104.9 million versus $91.9 million for the same period last year. Net income increased 149% to $9.7 million, or $1.30 per diluted share, compared to $3.9 </p>

Value City Adds New General Counsel

<p>Value City Department Stores, Inc. announced that Julia A. Davis has joined the company in the newly created position of Executive Vice President and General Counsel&#8230;</p>

Target Extends Mossimo Deal

<p>Mossimo, Inc. announced that Target Corporation has exercised its option to renew its current agreement with Mossimo, Inc. for an additional term of two years&#8230;</p>