Oakley shares were off 4.2% for the week after the company reaffirmed its guidance for fourth quarter and issued its initial expectations for 2003. The company sees Q4 earnings per diluted share of approximately $0.03 before a previously announced Europ
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Rawlings Fiscal Q1 Sales Decline 10%; Reports Loss
Rawlings' first quarter fiscal year 2003 sales were $30.0 million, down 10.3% from first quarter fiscal year 2002 sales of $33.4 million. Net loss for first quarter fiscal year 2003 was $0.7 million compared to a loss in first quarter fiscal year 20
Forzani Group Appoints New CEO and President/COO
The Forzani Group Ltd. has announced the appointment of Robert Sartor to the position of Chief Executive Officer of The Forzani Group Ltd. and Bill Gregson to the position of President and Chief Operating Officer, each such appointment effective February
Vans Expects Arbitration Ruling Soon
Vans had filed a lawsuit against a former officer and consultant and their affiliates in March 2002. The suit alleges that the defendants engaged in a conspiracy to get unauthorized payments or commissions from some of Vans' factories in China…
Sport Chalet Cancels Store at Headquarters in La Canada
A retail store will not be added to the new Sport Chalet corporate headquarters because a second phase of the development project has been canceled, according to the company's owner…
Brown Shoe Adds Three Senior Vice Presidents
Shoe Company, Inc. announced the promotion of Scott Cooper to SVP-Marketing for the corporation and the additions of Timothy R. Heard as SVP-Brown Shoe International and Paul M. Malutinok as SVP-Strategic Planning…
The North Face To Open Its First New York City Store
The North Face announced its plans to open a New York City retail store in Spring 2003. The store will be located in the historic Ansonia building at 2101 Broadway Avenue, a landmark building within a highly trafficked retail neighborhood of Manhattan�
Hush Puppies Appoints Neal to Head International Unit
Wolverine Worldwide, Inc. announced the appointment of Byron M. (Mark) Neal to the position of President, Hush Puppies International…
Honest – It Was the Weather…
Blaming poor retail sales on lackluster scooter sales and the post-9/11 trauma has faded, but one retailer has found a brand new culprit for their sluggish December – El Nino…
Luxottica Under Investigation for Pricing…
Sunglass Hut and Ray-Ban parent Luxottica Group revealed in an SEC filing last week that the New York Attorney General's office is investigating its pricing and distribution practices…
adidas in Top 10 Web Searches in 2002
Want to know which products your consumers are looking for in your store? The company responsible for the popular “Ask Jeeves” Internet search engine this week revealed the top searches conducted on Ask Jeeves at Ask.com in 2002 and adidas was the only s
adidas Has Balls for Total Golf Strategy…
TaylorMade-adidas Golf exercised its option to purchase the Maxfli brand outright under terms of the licensing and distribution agreement it signed with Dunlop Slazenger Group LTD in December 2001…
Britney Sues Skechers Over Skate Shoe Deal
Looks like Skechers’ foray into roller skates is coming back to haunt the fashion footwear company yet again. Seems Britney Spears has sued the company for more than $1.5 million, citing breach of agreement, claiming Skechers USA, Inc. used her to plug i
Bike Bankruptcy Review Postponed…
The January 2nd hearing scheduled to review certain matters in the company’s Chapter 11 case was postponed until Thursday, January 9, 2003…
Despite Strong Holiday Sales, L.L. Bean Considers Downsizing
Despite a disappointing holiday season for many retailers, L.L. Bean Inc., had its best December ever, but the strong month may not be enough to avoid downsizing in a “deflationary retail market.”
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