Yue Yuen Industrial Ltd., a subsidiary of manufacturing powerhouse Pou Chen Corp., saw its revenues rise 31% to $611.5 million in its fiscal first quarter, pointing to acquisitions as a driver of revenue growth…
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Forzani Fiscal Year Profits Surge 48%…
The Forzani Group said favorable weather patterns are expected to outweigh the issues associated with the outbreak of the conflict in Iraq. FGL announced fiscal 2003 retail system sales, which represent both corporate and franchised stores, increased 20.
G-III Looks to Licensed for Growth…
Stronger Sports Licensed Apparel drove fourth quarter sales and gross margin at G-III Apparel Group while losses widened for the quarter ended January 31, 2003…
Baseball Express Sees Sales Up 17%…
Online and catalog baseball equipment retailer Baseball Express “racked up sales of $40 million in 2002, up 17% from 2001”, according to president, Pat Cowles…
Galyan’s 2002 Profits Quadruple on 24% Sales Gain
Galyan's Trading Company announced earnings per share on a fully diluted basis were $1.09 per share, on net earnings of $18.7 million for the fiscal year 2002, compared to $0.32 per share on a fully diluted basis, on net earnings of $4.6 million for
G-III 2002 Profits Plunge 84% as Sales Flatten
G-III Group, Ltd. reported net sales for the twelve-month period ended January 31, 2003 were $202.7 million compared to $201.4 million last year. The Company reported net income of $382,000, or $0.05 per diluted share, for the twelve months ended January
Vans Reports Fiscal Q3 Loss on Flat Sales; Carver and Nagel to Leave
Vans, Inc. announced net sales for the third quarter of fiscal 2003 ended March 1, 2003 were $82.1 million compared to $82.2 million in the third quarter of last year. The Company reported a net loss of $9.2 million, or $0.51 per diluted share for the qua
Huffy Corp. Signs License Deal to Extend Brand to Over 100 Countries
Huffy Corporation announced the signing of Taipei, Taiwan-based Test-Rite International, as Licensee covering over 100 countries in Europe, Asia and South America. Test-Rite is a Global organization specializing in Trading and Retailing with vertical inte
Goody’s Posts 2002 Profit on Flat Sales
Goody's Family Clothing, Inc. reported net earnings for the year ended February 1, 2003 were $7.6 million, or $0.23 per diluted share, compared with a net loss of $20.2 million, or $0.62 per share, for fiscal 2001. Total sales for fiscal 2002 were $
Phoenix Footwear Group, Inc. Updates 2003 Outlook
Phoenix Footwear Group, Inc. commented on its recent failed bid for Antigua Enterprises, Inc. and also announced that for the 12 months ended December 31, 2003, it expects to generate earnings, after one-time charges related to relocation of the company&#
Ross Stores 2002 Earnings Up 30% on 18% Sales Gain
Ross Stores, Inc. reported earnings per share for the year ended February 1, 2003 grew 32% to $2.52, from $1.91 for the previous year. Net earnings for 2002 increased 30% to a record $201.2 million, compared to $155.0 million for last year. Sales for t
SIA: Specialty Store Sales Up 7.9% as Average Price Dips
According to the SnowSports Industries America (SIA) Retail Audit, sales through the end of January at specialty ski and snowboard shops were up 7.9% compared to the same time period last season. In dollars, that translates to $1.32 billion in sales compa
SIA: Snowboard Sales Surge in Chain Stores as Total Sales Slip
Despite the abundant snowfall in many parts of the U.S. this winter, chain store sales were still down 4.6%
for August through January compared to the same period of 2002. In dollars, that translates to $372.2 million in sales so far this year compared t
Pacific Cycle Acquires InSTEP
Pacific Cycle, maker of Schwinn, GT and Mongoose bikes, is continuing its expansion in the recreation and fitness category with the acquisition of Minnesota-based InSTEP, the nation's leading producer of jogging strollers and bicycle trailers. The de
Spiegel Files For Chapter 11, Secures DIP Financing
The Spiegel Group Monday announced that, in order to address its financial and operational challenges, the company and its principal operating subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in t