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…
Results for "M"
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…
SIA Reports Chain Store SnowSports Sales Up 4.2%
SnowSports Industries America said chain stores sales were up by 4.2% for August through November compared to the same period of 2001. In dollars, that translates to $132.9 million in sales so far this year compared to $127.6 million in 2001. The unit sal
Retailers Hope Sales Will Pick Up in Second Half of the Year
Retailers are hoping for a robust economy to lift their business in 2003, but most suspect they'll have to wait awhile.
MARGIN-TOP: 6px">Even optimists among 12,500 top retail executives gathered in New York City this week for the annual c
The Sports Authority Lauded For Creativity
The message to the more than 12,500 retailers attending the National Retail Federation's annual convention: Focus on innovation, customer service and convenience if you want to succeed…
Boring Product, Lack of Innovation Cited for Retail Weakness
Numerous speakers at the NRF convention Monday blamed boring clothing styles and a lack of innovation as a reason for lackluster sales during the holidays. But, citing low interest rates and gains in consumer income, the National Retail Federation predic