The Stride Rite Corporation's sales for the second quarter of fiscal 2004 increased 7% to $165.0 million from $154.3 million in fiscal 2003. Net income for the second quarter totaled $11.9 million or $.30 per diluted share, as compared to net income
Results for "amer"
NRF: Consumers Welcome RFID Benefits
Retail customers appear open to the use of Radio Frequency Identification as long as they are aware of it, according to a study reissued before a recent RFID Workshop hosted by the Federal Trade Commission. Conducted for the National Retail Federation by
Quiksilver Raises Guidance on DC Shoes Addition and Strength at Retail…
Quiksilver, Inc. has seen its quarterly sales performance outpace futures bookings so much that the company will cease giving backlog information and instead provide sales estimates by quarter. For instance, the company said that summer bookings growth w
Nike Addresses Youth Inactivity…
At the HealthierUS Fitness Festival, Nike urged the U.S. education system to add P.E. classes taught by P.E. specialists for at least 30 minutes a day, five days a week, to all American schools. The company claimed that the current PE curriculum is outdat
Russell Acquires AAI in $13mm Deal…
Russell Corporation has inked a deal to acquire the assets of American Athletic, Inc. for $13 million. The move is seen as a nice fit with RML’s recently-acquired Spalding business and offers a complementary hardlines component to the inflatables business
Reebok Looking to Pump Again as Holy Grail; Could Use Presence at Retail….
During Reebok Investor Day on June 17th, Reebok management revealed many new initiatives and products slated for debut over the next few months. Jay Margolis, President and COO began the festivities by noting that 2004 is “about the quality of the brand,
China’s Strength Has Many Back Peddling on Year-End Quota Expiration…
The expiration of apparel quotas for WTO member countries at the end of this year is prompting an outcry by members of Congress and a new international coalition of textile and apparel industries and labor associations from 45 countries. The problem is t
K2 Shakes Up the Market with Blockbuster Deals…
In its latest acquisition moves, K2 Inc. has apparently accomplished three key objectives that are critical as the company’s strategy to become the strongest platform of sporting goods brands in the industry. While the deals last week to acquire Volkl Sp
Nordic Walking Has the Potential…
The Nordic Fitness section at ISPO Summer 04 has been billed as one of the “main focal points” and the Nordic Walking Village is the anchor of this section. The sport certainly seems to be growing in the European market, but the many retailers in the U.S.
B.O.S.S. Goes One-On-One with Scott Montgomery…
Scott Montgomery was recently appointed General Manager of Scott USA Bicycle and will lead the effort to bring Scott bicycles to the U.S. market from Europe. He was most recently VP of Marketing for Cannondale. Scott started his career at Cannondale worki
adidas-Salomon Acquires Valley Apparel
adidas-Salomon AG has acquired Valley Apparel Company of Cedar Rapids, Iowa, a producer and distributor of collegiate and professional league apparel and accessories.
Valley specializes in serving small- to mid-size retailers, such as sporting goods store
U.S. Postal Team will Become Discovery Channel Pro Cycling Team
Discovery Communications has signed a new global partnership to become the title sponsor of five- time Tour de France champion Lance Armstrong's U.S. Postal Service Pro Cycling Team, the only American team to have won the Tour de France. Beginning in
Nike Advocating Daily P.E. Classes in U.S. Schools
In a speech at the HealthierUS Fitness Festival on Wednesday, Nike called for companies, athletes, coaches and educators to work together to bring P.E. classes taught by P.E. specialists for at least 30 minutes a day, five days a week, to American schools
Phoenix Footwear Group Appoints White to CEO Post
Phoenix Footwear Group, Inc. has appointed Richard E. White as Chief Executive Officer of the company. Mr. White has been a member of Company's Board of Directors since May 2004. James Riedman, formerly Chairman and CEO, will retain the title of Cha
China Quota Expiration Causing Outcry; U.S. Consumer Apathetic
The expiration of apparel quotas for WTO member countries — notably China — at the end of this year is prompting an outcry by members of Congress and a new international coalition of textile and apparel industries and labor associations from 45 countrie