Footwear Specialties, Int'l, parent company of Nautilus Safety Footwear, SkidBuster Shoes, and Third Watch Footwear, has hired industry veteran Don Colbert as its Regional V.P. of Sales – Northeast Division. He will be responsible for the Mid-Atlanti
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Collegiate Pacific Launches New West Coast Business Unit
Collegiate Pacific has launched a new business unit from within its newly acquired west coast subsidiary – Tomark Sports. The new unit will focus exclusively on new school and park construction projects in the state of California. California represents mo
Kellwood Fiscal Q4 Earnings Up 58% on Flat Sales
Kellwood Company reported sales from continuing operations for the fourth quarter ended January 31 were flat with prior year at $521 million. Fourth quarter net earnings from continuing operations were up 33% to $12.8 million, or 46 cents per diluted sha
Footstar to Close All JFF Stores and 77 Footaction Units
In an effort to strengthen and refocus its athletic footwear business, Footstar, Inc. on Friday announced it intends to close in the near term approximately 165 underperforming stores, including all of its 88 Just For Feet stores and 77 of its 429 Footact
Footaction/Just for Feet Store Closing List
A full list of Just for Feet and Footaction stores to be closed…
K-Swiss Signs New Japanese Distributor
K-Swiss Inc. has replaced its existing distributor in Japan and signed a three-year distribution and trademark license agreement with MoonStar Chemical Corporation, a 130-year-old footwear distributor based in Kurume, Japan. The agreement expires in June
Coastcast Cuts Q4 Net Loss 77% as Sales Increase 26%
Coastcast Corporation reported sales for the fourth quarter of 2003 increased 25.6% to $10.2 million from $8.1 million in the year earlier quarter. The net loss for the quarter narrowed considerably to $574,000, or 8 cents per diluted share, versus a net
NRF: Retail Execs Saw February Increases
The American consumer continued to shop and spend at high levels in February, according to the latest findings of the NRF Executive Opinion Survey, a monthly index by the National Retail Federation (NRF). The Retail Sector Performance Index (RSPI) dipped
Footstar File for Voluntary Chapter 11 Bankruptcy Protection
Footstar, Inc. has announced that it and substantially all of its subsidiaries filed voluntary petitions on March 2, 2004 with the U.S. Bankruptcy Court for the Southern District of New York in White Plains for reorganization under Chapter 11 of the U.S.
Deckers Files to Sell Shares
Deckers Outdoor Corporation has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 3,500,000 shares of common stock consisting of 1,500,000 primary shares offered by the Company and 2,000,000 share
REI Launches Updated Gift Registry
REI has launched an integrated multichannel gift registry that makes it easy to create and edit gift lists at any REI store, online at REI.com or by phone…
Everlast Goes to Singapore
Everlast Worldwide announced that it had entered into a licensing agreement with Alantic Sports Pte. Ltd. of Singapore for the launch of Everlast-branded men's, women's and children's apparel; underwear; footwear; socks; and sports bags in
Profitability Falls for Specialty Fitness Dealers
Profitability and productivity for specialty fitness dealers fell in 2003 according to data reported in the just-published National Sporting Goods Association (NSGA) Cost of Doing Business Survey…
CW-X Brings in New Rep Force
The Wacoal Sports Science Corporation, makers
of CW-X, have hired several new independent sales groups and sales representatives, expanding coverage to 46 states. The company now works with a total of 23 representatives from 10 rep
groups around the na
SEC Suit Sheds New Light On JFF Vendor Tactics…
While the Martha Stewart trial has been hyped to no end by the media, once captivating those that adored her efforts to bring good taste to the super market checkout line, the case surrounding the flameout at Just for Feet appears to be capturing all the