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Genesco Loses Out on Athletic Opp…

An over-reliance on softening some casual brands and the lack of a key athletic footwear component conspired to rob Genesco of the growth opportunity other retailers are experiencing in the mall. With athletic footwear now representing 28% of the Journey

Pacific Sunwear Takes to the Street…

Pacific Sunwear has certainly turned the tide in the operations area and is now riding a wave of good fortune thanks to strong merchandising, operational efficiencies and aggressive growth. While many other mall retailers continue to suffer from weak com

Quiksilver Sets Pace for Record Year…

Quiksilver looks to riding much the same wave as PacSun, but with broader appeal beyond the narrow – but deep — teen segment. The company is growing business across all age groups, genders and continents to establish a truly global lifestyle brand with

Russell Consolidates Bike Athletic Ops…

It didn’t take long to start the consolidation of Bike Athletic into the Russell Athletic division of Russell Corporation. RML acquired the venerable sporting goods brand out of bankruptcy in late January and should see full consolidation of operations b

Nike Builds Coalition of the Willing…

Maybe the Bush Administration should enlist the help of Nike to help build a broader U.N. coalition against Iraq.
Nike has rounded up a diverse group of supporters as it goes before the U.S. Supreme Court in its first amendment fight over a California Sup

Ashworth Posts Fiscal Q1 Profits on 32% Revenue Rise

Ashworth Inc. announced consolidated net revenue for the first quarter of 2003 ended Jan. 31, 2003 increased 32.3% to $26.6 million as compared to $20.1 million for the first quarter of 2002. The company reported consolidated first quarter net income of $

Quiksilver Doubles Fiscal Q1 Profits on 31% Sales Gain

Quiksilver, Inc. announced consolidated net sales for the first quarter of fiscal 2003 ended January 31, 2003 increased 31% to $192.1 million as compared to fiscal 2002 first quarter consolidated net sales of $147.0 million. Consolidated net income for th

Benneton Unloads Rollerblade Unit to Tecnica

Benetton Group has signed a preliminary binding agreement for the divestiture of its Rollerblade business to Prime Newco, a company of the Tecnica Group, and recent acquirer of the Nordica business…

Kellwood 2002 Net Earnings Rose 11.4% on Sales Dip

Kellwood Company reported sales for the year were $2.2 billion, down $77 million, or 3% from $2.3 billion reported last year. Excluding the acquisition of Gerber Childrenswear on June 25, 2002, sales for the year were down $192 million, or 8%, but ahead

Kellwood Elects Ruzow and Weaver Corporate VPs

The Kellwood Board of Directors meeting elected Stephen L. Ruzow and Donna B. Weaver corporate vice presidents. Ruzow joined Kellwood as president of Kellwood Womenswear in 2001. Donna B. Weaver was named vice president corporate communications in 2002..

Costco Fiscal Q2 Profit Shrinks on 8% Sales Gain

Costco Wholesale Corporation announced net sales for the second quarter of fiscal 2003 increased 8% to $9.92 billion from $9.21 billion during the second quarter of fiscal 2002. Net income for the second quarter of fiscal 2003 decreased 5% to $182.1 milli

Fila Narrows 2002 Loss on 7.0% Sales Decline

Fila Holding S.p.A. reported a 2002 full year net loss of $76.4 million compared with $125.2 million in 2001. Worldwide revenues for the year decreased by 7% to EUR 909.5 million and were flat when expressed in terms of constant exchange rate and continu

Coastcast 2002 Loss Expands 352% as Sales Drop 46%

Coastcast Corporation reported sales for the year ended December 31, 2002 were $62.4 million vs. $115.5 million in 2001. The 2002 net loss was $10.4 million vs. a loss of $2.3 million in the prior year. Diluted loss per share was ($1.36) vs. ($0.30).