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
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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
THC to Fold into New Canadian Public Entity
The Hockey Company Holdings Inc. announced that it has filed a preliminary prospectus for an initial public offering in Canada. The offering will consist of the issuance of common shares, which the company has applied to list on the Toronto Stock Exchange
Sporting Goods Industry Gathers to Support Physical Education
What are you doing on April 29 and 30? Come to Washington, DC and participate in P.E.4LIFE's 3rd Annual National P.E. Day activities, presented by SGMA International. Many sports celebrities will be on hand to show their support for PE and the role
Nautilus Issues Caution for Q1, Full Year 2003
Based on preliminary information for the first quarter of 2003, The Nautilus Group, Inc. announced that it expects to report net sales in the range of $124 to $129 million with corresponding earnings per share range of $0.39 to $0.42. These estimates are
Kohl’s Announces CFO Departure
Kohl's Corporation announced that Patti Johnson has resigned her position as the Company's Chief Financial Officer. Ms. Johnson indicated that for family reasons, she has decided to return to California. On an interim basis, the financial organ
Nautica Transitions European Ops to Licensee
Nautica Enterprises, Inc. announced its decision to transition its Nautica business in Europe to licensing or other arrangements through Nautica Apparel, Inc., the Company's global brand licensing subsidiary. The Nautica Europe business today repres
Phoenix Footwear Group in 2-for-1 Stock Split
Phoenix Footwear Group, Inc. announced that its Board of Directors has declared a 2-for-1 stock split of the Company's common stock. Shareholders of record at the close of business on the company's 2003 Annual Shareholder Meeting date will recei
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