American Apparel reported total retail sales across all segments increased 65% to $63.1 million for the first quarter of 2008 as compared to $38.3 million for the same period in 2007, with same-store sales for stores open at least 12 months rising 36%…
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American Apparel Acquires Factory
American Apparel, Inc. announced that it completed an asset purchase agreement with U.S. Dyeing & Finishing, Inc. to purchase the assets of a fabric dyeing and finishing facility for approximately $3.8 million. American Apparel funded the purchase price t
American Apparel Reports 27% April Comps Increase
American Apparel, Inc. reported a 27% increase in comparable store sales for the month of ended April 30, 2007. Comparable store sales increased 17% for the prior year period. There were a total of 141 stores in the sales comparison for the month…
American Apparel’s Comp’s Surge 27%
American Apparel, Inc. reported that for the month ending April 30, comparable store increased 27% over the year ago period. For the year-ago period, comps advanced 17%. The company did not provide total sales figures for the month…
Amer Sports Starts 2008 With Tough Quarter…
Amer Sports had another difficult quarter in Q1 as sales declined in the mid-singles due to weakness at Precor and Wilson and a slumping U.S. dollar hurt results for the Finland-based company. The company did however manage to shrink its quarterly loss by
Amer Sports First Quarter Slowed by Currency Conversions
Amer Sports reported a 4.9% decline in first quarter net sales to €363.0 million ($543.7 mm). The company said it was particularly affected by the weakening of the U.S. dollar as sales increased 2% when measured in local currencies. Winter and Outdoor sal
Prince Americas Names President
John Embree will be joining Prince Sports, Inc. as its new president of Prince Americas. John is a 17-year veteran of Wilson Sporting Goods, where he rose to be the VP and General Manager of their global racquet sports division before leaving in 2003…
adidas America Shifting Staff to Regional Offices
Adidas America Inc. appears to be making moves to decentralize some sales operations while moving customer service and credit functions from its Portland, OR headquarters to its expanded facilities in Spartanburg, SC over the next six months…
Polishing the Jewels that are America’s National Parks
In 2016, we will celebrate the 100th anniversary of the National Park Service—100 years of protection, preservation and enjoyment of the jewels in America’s crown. To help us prepare for that celebration, President Bush proposed the National Park Centenni
ASICS America Announces New CEO
ASICS America Corporation has welcomed new CEO and chairman Nobuo Oda. Previously with ASICS Corporation in Kobe, Japan as a board member and general manager of the Sports Apparel Division, Oda took over his new duties April 1, 2008 at the U.S. headquarte
Adidas Forms JV to Distribute Reebok in South America…
Adidas Forms JV to Distribute Reebok in South America…
Adidas AG and Brazilian shoe company Vulcabras SA formed a joint venture to sell Reebok-made products in Brazil and Paraguay. Consequently, Adidas raised its 2008 currency-neutral sales guidance fo
ASICS America Names New CEO and Chairman
ASICS America Corporation named Nobuo Oda as its new CEO and Chairman.Oda will replace current CEO and Chairman Seiho Gohashi, who will move back to his native country and take on a new executive position as senior general manager of Asia Pacific Region..
Fonte to Retire as President of Prince Americas
Doug Fonte is retiring from Prince…again. Fonte left retirement in 2005 to run Prince's U.S. tennis business. A year later, he took on responsibilities in Canada and Latin America. Prince announced Wednesday that he is retiring as President-Prince
Adidas Forms Joint Venture to Distribute Reebok in South America
Adidas AG and Brazilian shoe company Vulcabras SA have agreed to form a joint venture to sell shoes, shirts and other sports apparel from Reebok in South America. The two companies said that the joint venture will sell Reebok-made products in Brazil and P
American Apparel Swings to Q4 Net Income on 40% Comps
American Apparel, Inc. reported $111.2 million in net sales for the fourth quarter, a 48% increase over sales of $75.1 million last year. Retail sales increased 85% to $68.3 million for the fourth quarter of 2007 as compared to $37.0 million for the same