Retailers cheered and the textile sector groaned after the United States signed an apparel agreement with Vietnam giving a generous package of clothing quotas to the country that was the site of one of the U.S. military's most humiliating retreats
Results for "amer"
PUMA Q1 Net Income Doubles on 47% Sales Gain; Futures Up 50%
PUMA’s strong sales growth continued during the 2003 first quarter as consolidated sales increased by 47.4% from €232.8 million to €343.2 million ($370.7 million). On a currency-neutral basis, sales were up by 57.1%. Consolidated net income rose from €2
Luxottica Q1 Net Income Down 35% on 20% Sales Decline
Luxottica Group S.p.A. announced consolidated net sales for the first quarter of 2003 declined 20.0% to euro 704.5 million. Assuming constant exchange rates, consolidated net sales for the quarter would have declined by 6.6%. Wholesale sales declined 15
SGMA Coordinating Sporting Goods Donations for Iraq, Afghanistan
Sporting goods are headed to Afghanistan and Iraq – earmarked for the children. SGMA International, World Vision and AmeriCares are making it happen! SGMA International is notifying the sports industry about this effort and World Vision and AmeriCares a
SGMA Releases 2003 ESPN Sports Fan Poll
Do you want to be the first one on the block to know the stats – on the American sports fan? You can find all this information in the ESPN Sports Poll/SGMA State of Sports Report (2003 edition), released by SGMA International. This survey examines inter
GBMI Taps Robert Mangione to Lead Mecca Sales
Global Brand Marketing, Inc. has announced the appointment of Robert Mangione as National Sales Manager for Mecca Footwear. Mr. Mangione joins GBMI with over 15 years of marketing and sales management experience in the athletic footwear arena with positi
Shoe Show Averages a Store Opening Every Five Days
Back in 1960, Robert Tucker opened a 2,500-square-foot shoe store in downtown Kannapolis.
Today, he reigns over a 644,000-square-foot headquarters in Concord, overseeing a shoe retailing chain with more than 860 stores. Shoe Show Inc. is one of the
Gadzooks to Only Focus on Teen Girl Consumer
Jerry Szczepanski had a tough proposition for the board of directors at Gadzooks, the teen clothing chain that he helped found two decades ago. He wanted approval for a plan that would cede a sizable chunk of the company's business to competitors
Russell Finalizes Spalding Deal; Names Creelman President
Russell Corporation announced Thursday that it has signed a purchase agreement to acquire the brand names, inventory, contracts and related assets of the sporting goods business of Spalding Sports Worldwide, Inc. for $65 million. Russell has hired Scott
K2 Inc. Expands Management Team
K2's senior executive team has been augmented with the appointments of Dudley W. Mendenhall, as SVP Finance and Monte H. Baier, as VP and general counsel. Further, John J. Rangel, most recently SVP Finance, has been appointed SVP and CFO. All three
Callaway Re-Shuffles Boardroom
Callaway Golf Company announced that Samuel H. Armacost and John C. Cushman, III have been appointed to the Company's Board of Directors. They will both begin serving immediately, and will stand for election to full one-year terms at the Company'
SIA: Specialty Store Sales Up 7.8% through February
Overall sales for the entire winter sports market increased by 4.6% in dollars to $2.03 billion compared to $1.94 billion in 2002 for the period of August through February, according to the SnowSports Industries America (SIA) Retail Audit. Sales at speci
SIA: Chain Store Sales Off 5.5% Through February
Chain store sales were down 5.5% for August through February compared to the same period in 2002. In dollars, that translates to $439.4 million in sales so far this year compared to $465.2 million in 2002. The unit sales tracked 11.3% behind last year. S
Oakley Q1 Net Income Falls 43% as U.S. Continue Slide
Oakley, Inc. reported first quarter net sales increased 1.5% to $111.2 million compared with $109.6 million in the first quarter of 2002. Net income for the first quarter totaled $3.2 million, or $0.05 per diluted share, compared with net income of $5.6
Unifi Makes Further Domestic Peronnel Cuts
Unifi Inc. has announced changes that will result in the elimination of 400 current domestic positions, bringing the number of positions eliminated through cost reduction initiatives since January 2003 to approximately 600, or 15% of the company's U.