Luxottica Group S.p.A. announced consolidated net sales for the quarter ended December 31, 2002 declined 7.7% to 668.6 million euros. Net income for the quarter rose year-over-year by 22.3% to 74.4 million euros…
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SIA Appoints New Chairman, Board Members
A new chairman and three directors were elected
to the SnowSports Industries America board of directors this week at the association’s annual meeting in Las Vegas. The meeting was held in conjunction with the 2003
SIA SnowSports Show…
Kmart Receives Exit Financing Approval
Kmart Corporation on Wednesday announced that it has received bankruptcy court approval for the $2 billion in exit financing from GE Commercial Finance, Fleet Retail Finance Inc. and Bank of America, N.A…
adidas Expects 11% Sales Increase in 2002; Net Income Up 10%
Based on preliminary figures, adidas-Salomon sales in 2002 topped euro 6.5 billion, reaching the highest level in the Group's history. This is a 7% year-over-year improvement in euros (2001: euro 6.1 billion) and an 11% improvement on a currency-neut
SIA Reports Winter Sports Sales Up 7% Through December
Abundant snowfall coupled with stellar resort conditions led to increased sales in retail stores nationwide through
December. Overall sales for the entire winter sports market increased by 7.0% in dollars to $1.35 bn compared to $1.26 bn in 2001, accord
Rockey Leaves CutterandBuck after Short Tenure
Cutter & Buck Inc. announced that Helen M. Rockey, executive vice president for markets and products, has resigned from the Company, and that Pat Nugent, vice president of merchandising and design, also recently resigned…
St. Moritz Rounds Out Canada Rep Coverage
St. Moritz Watch Corporation (SMWC) announced that two new independent agencies have signed on to market their line of watches, stop watches and pedometers. The company appointed Alpine Exposure Inc. and Lightspeed Marketing Inc…
The NRF Applauds Economy Focus from Dubya
The National Retail Federation welcomed President Bush's focus on the economy in Tuesday's State of the Union address, saying his proposals could significantly bolster the U.S. economy…
CLC Names Top Schools, Vendors
The Collegiate Licensing Company (CLC) announced the top-selling CLC member institutions and manufacturers for the fiscal year-to-date. The rankings represent royalties reported July 1, 2002, through December 31, 2002…
Kmart Files Its Reorganization Plan, Brings in New Investors…
Kmart Corporation filed its plan to come out of bankruptcy in Chicago late Friday, and did so without the final approval of its creditors. The company stated that it’s optimistic that its statutory committees will formally endorse the Plan of Reorganizat
Deckers Promotes Orlando and Rishwain to Run Divisions
Deckers Outdoor Corporation announced the appointment of Bob Orlando to President of the Teva Division and Connie Rishwain to President of the Ugg and Simple Divisions…
Leatherman Appoints National Account Executive
Kevin Kebodeaux has joined Leatherman Tool Group, Inc. as
National Accounts Executive. He will be responsible for working with national retailers in the sporting goods and general merchandise categories…
Russell Focuses on Female Consumers, Athletes
Looking to new ways to grow, Russell has turned its attention to women, whose presence in the world of professional and collegiate sports is growing. Women also are playing leisure sports more…
GolfGear Hires Holiday to Run Sales and Marketing
Chris Holiday, previously senior vice president of U.S. sales for Callaway Golf, has joined GolfGear International as senior vice president of sales and marketing…
Kmart Promotes Day to CEO
Kmart Corporation announced that President Julian C. Day has been named to the additional post of Chief Executive Officer, effective immediately…
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