The Union of Needletrades, Industrial and Textile Employees (UNITE) announced Monday it has filed suit against Perry Ellis International, Inc. over the denial of UNITE's rights as a Perry Ellis shareholder…
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Delta Apparel Fiscal Q3 Profits Narrow on Reduced Prices
Delta Apparel, Inc. announced sales of $33.9 million for the third fiscal quarter of fiscal year 2003, a 3.1% increase from the prior year third fiscal quarter. Net earnings for the quarter were $1.5 million, or 4.4% of sales, down $0.4 million from the
Pacific Sunwear Appoints Planning and Real Estate VP’s
Pacific Sunwear of California Inc. announced that Jim Oien has joined the company as Vice President of Planning and Allocation and Linda Eddy has re-joined the firm as Vice President Real Estate.
GolfGear 2002 Loss Quadruples on 28% Sales Decline
GolfGear International Inc. announced net sales for 2002 decreaased 27.9% to $1,546,234 vs. $2,143,371 for the prior year, and loss per basic and diluted share of ($0.14) vs. ($0.06). Net loss for the full year was ($4,272,673), compared with ($1,016,981
SIA: Specialty Store Sales Up 7.8% through February
Overall sales for the entire winter sports market increased by 4.6% in dollars to $2.03 billion compared to $1.94 billion in 2002 for the period of August through February, according to the SnowSports Industries America (SIA) Retail Audit. Sales at speci
SIA: Chain Store Sales Off 5.5% Through February
Chain store sales were down 5.5% for August through February compared to the same period in 2002. In dollars, that translates to $439.4 million in sales so far this year compared to $465.2 million in 2002. The unit sales tracked 11.3% behind last year. S
Thailand’s Largest Shoe Exporter Expects Double-Digit Growth
Despite limited growth in the global footwear industry in the first three months of this year, the Pan Group, Thailand's largest shoe exporter, is still confident of achieving double-digit revenue growth this year. The Pan Group, with 56 subsidia
Wolverine Sees Broader Brand Growth as Q1 Profits Rise 16%
Wolverine World Wide, Inc. saw first quarter 2003 revenue grow 8.0% to a record $191.5 million compared to the $177.3 million reported for the first quarter of 2002. EPS increased 20.0%, reaching a record $0.18 per share compared to the $0.15 per share r
Huffy Posts Q1 Loss as SGandA Increases Outpace Sales Gains
Huffy Corporation announced a loss for the first quarter of $1.4 million or $0.09 per common share, compared to earnings of $0.6 million or $0.06 per common share for the first quarter of 2002. Net sales for the quarter increased by 34% to $94.6 million
Escalade Captures Sears Vendor Award
Escalade, Inc. announced that Sears Roebuck and Company has awarded the coveted PARTNERS IN PROGRESS award to Escalade Sports, a wholly owned subsidiary of Escalade Inc. Over the past 31 years, Escalade Sports has received the Sears Partners In Progress
Footstar Sees Another Finance Exec Exit
Footstar, Inc. announced that Kathy Guinnessey, Vice President Finance and Treasurer, has decided to leave the Company effective April 18, 2003 to accept a position at another company. Ms. Guinnessey's responsibilities will be assumed by Stephen R.
Brass Eagle Issues Q1 Warning as Sales Plunge 33%
Brass Eagle Inc. expects to report net sales for the first quarter of $13.4 million versus $20.1 million for the same period last year. The Company expects to report diluted earnings per share loss of $0.03 for the first quarter compared to diluted earni
Aussie Apparel Signs First Licensee
Aussie Apparel, Inc. announced that it has signed Frontier International Holdings (FIH) of Australia, as an exclusive licensee covering Australia, New Zealand, Fiji, New Caledonia and the Pacific Islands…
Court Approves Cannondale Asset Sale; Creditors Short-Changed
Cannondale has announced that on March 28, 2003 the U.S. Bankruptcy Court for the District of Connecticut approved the Asset Purchase Agreement by and between Cannondale and Pegasus Partners II, L.P. Based on the terms of the Asset Purchase Agreement, th
SGAA Rep News
Gary Niland, President of the SGAA, has announced that Mike Higgins of Higgins & Associates is the new Western Director of the 69-year old trade organization. Other rep news from SGAA includes Jack Rusher, NESGAA Retailer of the Yea