Nautilus Group Inc. saw its share price drop 16.0% as the company warned that 2003 earnings will fall and revenue will be flat…
Results for "M"
NSGA Reports Sneakers Sales Off 4% in H1 2002
NSGA is reporting that retail sales of sport footwear fell 4% for the six-month period, October 2001 through March 2002, according to data released by the National Sporting Goods Association (NSGA). Sales for the six-month reporting period were $6.49 bill
NSGA Hosts Updated Footwear Panel at Conference
The NSGA management conference will host a panel discuission that includes leading retailers of athletic footwear from various channels to share their views on what retailers need to do in order to remain profitable…
Value City to Split Out Operating Units in New Structure
Value City Department Stores, Inc. announced that effective February 2, 2003, the company will begin to reorganize its corporate structure into a holding company with three retail operating entities and a service organization…
Luxottica Group Signs License for Versace Brands
Luxottica Group S.p.A. and Versace Group jointly announced the signing of a worldwide license agreement for the design, production and distribution of Versace, Versus and Versace Sport sunglasses and prescription frames…
Analysts Take Big 5 Down on Negative News
Shares of Big 5 Sporting Goods Corp. were down 5.6% Wednesday on news released a day earlier (Story) that the-largest-sporting-goods-retailer-on-the-west-coast cut its profit outlook for its fourth quarter
Royal Precision Cuts Second Quarter Losses
Royal Precision Inc. continues losing money, but the maker of golf club shafts and grips managed to cut its losses in the quarter ending Nov. 30 by almost two-thirds thanks to a 23% jump in sales…
Frisby Files For Bankruptcy Protection
Frisby Technologies, Inc. announced that it has filed a voluntary petition for Chapter 11 reorganization with the U.S. Bankruptcy Court for the Middle District of North Carolina…
Speedo Parent Bankruptcy Reorg Plan Accepted
The Warnaco Group, Inc., parent of apparel brands Speedo and Authentic Fitness, announced that the U.S. Bankruptcy Court for the Southern District of New York confirmed its Plan of Reorganization on Thursday…
Federated Predicts a Flat 2003
Federated Department Stores, Inc. provided preliminary earnings guidance for fiscal 2003, which will be further refined with the conclusion of fiscal 2002 and when year-end earnings are released on February 25…
Tecnica to Establish Nordica Subsidiary in U.S.
Upon finalization of the sale of the Nordica brand from Benetton to the Tecnica Group on February 1, 2003, Nordica will establish an independent subsidiary in the USA…
Big 5 Backs Off Q4 Expectations
Big 5 Sporting Goods backed off earlier earning per share guidance and saw fourth quarter same-store sales soften. The largest-sports-retailer-on-the-west-coast now expects Q4 GAAP-calculated EPS in the to be $0.38 to $0.40 range versus the $0.42 to $0.4
Phoenx Footwear 2002 Net Sales Rose 5.7%
Phoenix Footwear Group, Inc. announced that total net sales of its Trotters and SoftWalk brands for the year-ended December 31, 2002 were $36.2 million, an increase of 5.7% compared to the year-ended December 31, 2001…
The Athlete’s Foot Expands in Canada
The Athlete's Foot Marketing Associates, Inc., a subsidiary of The Athlete's Foot Group, Inc. has signed an agreement with Wayne Metcalf for franchise rights to open The Athlete's Foot stores throughout Calgary, Alberta in Canada…
Footstar SVP/Finance Resigns
Footstar, Inc. announced that Thomas Baumlin, Senior Vice President of Finance, has decided to leave the Company effective January 31, 2003, following a reorganization of Footstar's finance organization…