Intrawest Corporation, parent company to several ski resorts in North America, has initiated a review of strategic options available to the company for enhancing shareholder value. These options include a capital structure review, strategic partnerships o
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adidas Group Q4 Sales up 21%; Reebok Backlog Down 22%
adidas Group reported that fourth quarter net sales for the Group increased 21% on a currency-neutral basis with double-digit improvements coming from all regions. In euro terms, sales grew 27% to €1.52 billion ($1.81 bn) in Q4 2005 from €1.20 billion ($1
Famous Footwear Helps Brown Shoe Post Strong Q4
Brown Shoe Company, Inc. reported that fourth quarter net sales rose 25.8% to $599.6 million, from $476.5 million in the year-ago quarter. Net earnings rose 56.4% to $13.4 million, or 70 cents per diluted share, compared with net earnings of $8.5 million,
Genesco Uses Strength in All Segments to Post 15% Q4 Sales Gain
Genesco Inc. reported earnings before discontinued operations of $31.2 million, or $1.15 per diluted share, for the fourth quarter, up 22.8% from $25.4 million, or 97 cents per diluted share, for last year's fourth quarter. Net sales for the quarter
Aldila Posts 45% Sales Gain in Fourth Quarter
Aldila, Inc. reported net sales increased 45.2% to $18.0 million for the fourth quarter compared to $12.4 million in the same quarter of 2004. The company reported net income of $2.7 million (48 cents per diluted share) for the fourth quarter of 2005 as c
Foot Locker Rides 3.9% Q4 Comp Gain to 7% Net Increase
Foot Locker, Inc. reported that net income increased 7.0% to 61 cents per share, or $96 million, from 57 cents per share, or $89 million last year. For the fourth quarter period, sales increased 1.9% to $1.56 billion this year compared with sales of $1.54
REI Promotes Hopkins and Spangler
Recreational Equipment, Inc. has appointed Janet Hopkins and Tim Spangler to the company's recently created retail
store regional vice president positions. Hopkins and Spangler, both of whom currently serve as members of REI's retail leadershi
Payless Q4 Sales Up Slightly; Comps up 2.3%
Payless ShoeSource, Inc. saw sales during the fourth quarter of 2005 total $611.3 million, a 0.7% increase from $607.2 million during the fourth quarter 2004. Same-store sales increased 2.3% during the fourth quarter 2005. Average footwear unit retail for
Vail Resorts Shuffles Executive Ranks; Moves to Denver
Vail Resorts, Inc. named Robert Katz as CEO. William A. Jensen and Roger McCarthy were named Co-Presidents of the company's Mountain Division; promoted Jeffrey W. Jones to Senior Executive Vice President and Martha D. Rehm to Executive Vice President
Deckers Sees Double-Digit Sales and Earnings Gains in Q4
Deckers Outdoor Corporation saw net sales increase 22.6% to a record $91.0 million for the fourth quarter versus $74.2 million in the same period last year. Net earnings for the quarter increased 31.5% to $12.1 million from $9.2 million last year, while e
Brooks Names Nenow as VP of Global Footwear Merchandising
Brooks Sports, Inc. hired Mark Nenow as vice president of global footwear merchandising. Bolstering Brooks’ executive management team, Nenow arrives with more than 20 years of industry experience and a decorated track record both in and out of the office.
East North Central Sporting Goods Sales Behind Nationwide Pace
In the East North Central states (OH, IN, IL, MI, WI), overall sporting goods store sales grew 19.2% from the 1997 Census versus total U.S. growth of 23.5%. Sales for 2002 in the East North Central states reached $3.7 billion. Of that amount, $1.85 billio
Centerstone Sees Record Usage in 2005
Wholesale online transactions advanced aggressively from “trend” status in 2004 to a profitable industry standard during 2005 as CenterStone Technologies, Inc. announced a third consecutive year of record usage by retail dealers of the company's busi
Another Trade Show Season Wraps Up with Magic…
Well, the show circuit is complete and it is that time of year again to step back and take a broad look at the market, identify new trends and areas of opportunity, and offer a few insights from an independent point of view. This latest round of shows sa
Head NV Sees Bottom Line Benefit from Restructuring Efforts…
Head N.V. is beginning to see the results of its multi-year restructuring efforts trickle down to the bottom line. The company has been shifting much of its manufacturing to Eastern Europe in an effort to reduce labor costs. This year, Head reduced tennis
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