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Airwalk Parent Shuts Down Sales Org; Will License Brands

TARE7, parent company to the airwalk® (including genetic® airwalk skateboarding) and andy mac™ skate brands, and licensee for the ALPHANUMERIC™ footwear and ripzone® outerwear brands, announced that the company plans to pursue strategic licensing partners

Aussie Apparel Announces 5 for 1 Forward Stock Split

Aussie Apparel, Inc. announced that its board of directors has approved a five-for-one forward stock split of the company's common stock. The forward split will be effective on Tuesday, May 27th, 2003 to the holders of record of Aussie Apparel'

Aussie Apparel Adds U.K. Licensee for Hot Tuna

Aussie Apparel Group Ltd. announced that on May 15 it signed an agreement with Revo (UK) Ltd. to be the exclusive licensee for the Company's Hot Tuna brand in the United Kingdom and Ireland. The agreement with Revo calls for minimum sales of $14.1 mi

The U.K. Sees Sluggish April at Retail…

Reports from the Office for National Statistics in the U.K. reflect a retail environment mirroring the sluggish U.S. retail trend. April sales gained a meager 0.3% against the previous month. The U.K. is experiencing its slowest annual rate since May 19

O’Neill Riding Surfer Girl Wave…

After Pacific Sunwear anmed them as one of their top three vendors in both juniors and young men’s apparel, O'Neill Clothing has seized the opportunity to expand the traditional surf brand into the swimwear and girls 7-14 to its juniors line…

Phoenix Takes on Buffalo in San Diego…

Phoenix Footwear Group has signed a letter of intent to acquire H.S. Trask & Co., the Montana-based designer of men's casual boots and shoes started by former Reebok executive, Harrison Trask. Trask, who designs and develops footwear from buffalo an

Brunswick Lays Up Short, Takes Par…

Based on “developments” in the ongoing negotiations between Life Fitness and Precor over a lawsuit related to patent rights held by Precor for its cross trainer design, Life Fitness parent Brunswick Corp. will establish a $25 million reserve related to th

The Bon-Ton Narrows Q1 Loss as Sales Decline 6.2%…

The Bon-Ton Stores, Inc. reported a net loss of $2.9 million, or $0.20 per share, for the first quarter of fiscal 2003 compared to a net loss of $4.4 million, or $0.29 per share, for the first quarter of fiscal 2002. First quarter comparable store sales

Hilfiger Suit Wipes Out Goody’s Q1 Profit Gain

Goody's Family Clothing, Inc. reported net earnings of $1,863,000, or $0.06 per diluted share, for the 13 weeks ended May 3, 2003, compared with net earnings of $5,572,000, or $0.17 per diluted share, for the 13 weeks ended May 4, 2002. Total sales

Genesco Q1 Earnings Fall 60% on Slight Sales Uptick

Genesco Inc. reported net earnings of $3.3 million, or $0.15 per diluted share, for the first quarter ended May 3, 2003, compared with $8.2 million, or $0.33 per diluted share, for the first quarter last year. Net sales for the quarter were $193 million

Galyan’s Q1 Loss Widens as Sales Increase 14.2%

Galyan's Trading Company, Inc. reported a GAAP net loss of $2.6 million, or $0.15 per share, for the first quarter of fiscal 2003 compared with a GAAP net loss of $414,000, or $0.02 per share in the prior year's first fiscal quarter. Net sales

Phoenix Footwear to Acquire H.S. Trask

Phoenix Footwear Group, Inc. has signed a letter of intent to acquire H.S. Trask & Co., a Montana-based designer of men's casual boots and shoes. The transaction consideration consists of cash and Phoenix Footwear stock. Under the terms of the tran