SmartWool Corporation will hold its first-ever Servapalooza, a global celebration of service driven by SmartWool's parent company, Timberland. On September 21, 2006, more than 6,200 Timberland volunteers around the world will act on their common com
Tag: People
Transworld Media Up for Sale
CEO of Time4 Media, Anne Moore, announced in a memo to employees that the Time, Inc.-owned subsidiary would be selling off 18 of its titles, including the TransWorld Media group…
Second Quarter Profit Growth Slows, Sales Gains Rely Less on Acquisitions…
Acquisitions continued to play a diminished role in the results of public companies in the sporting goods industry in Q2, but organic sales growth still managed to outpace earnings growth by a wide margin in the Softgoods sector, mostly attributable to an
e-Civil Rights and Target’s Newest Project…
Target Corp. has some major manhours in the chute after a federal district court judge ruled that the company’s website is inaccessible to the blind, and therefore violates the Americans with Disabilities Act (ADA), the California Unruh Civil Rights Act,
ForeFront Adds Burton Golf to Stable of Brands…
ForeFront Holdings, formerly Datrek Miller International, has purchased Fort Walton, Fla.-based Burton Golf. Burton manufactures and markets golf bags and accessories with a focus on the “on course” distribution channel which services golf pro shops throu
Ashworth CEO Resigns; Company Appoints New Chairman and President
Ashworth, Inc. announced several Board of Directors and executive officer changes to be fully implemented over the next five weeks. After ten years of service as Ashworth's CEO and six years as Chairman of the Board, Randall L. Herrel Sr., announced
DSW Plans New Campus in Columbus, Ohio
DSW Inc. plans to create a corporate campus in Columbus, Ohio, to accommodate its continued growth. Plans call for a new 150,000 square foot office expansion to be combined with the existing 700,000 square foot distribution center and offices, creating a
Ashworth Inc. Swings to Fiscal Q3 Profit on Sales Growth and Stronger Margins…
Ashworth Inc. continued to make improvements across its organization and maintained a focus on implementing profit improvement initiatives it put in place at the end of fiscal 2005. Those actions helped Ashworth continue efforts to sell more full-priced
Federal Court Decision Sets Precedent for e-Commerce
A federal district court judge ruled yesterday that a retailer may be sued if its website is inaccessible to the blind. The ruling was issued in a case brought by the National Federation of the Blind against Target Corp. The suit charges that Target'
Schuylkill Valley Sports Recognized for Employee Initiatives
The Pennsylvania Psychological Association awarded Schuylkill Valley Sports with the organization's Certificate of Merit. Schuylkill Valley Sports was selected as a merit recipient due to its “employee involvement” initiatives.
Ashworth Swings to Profit on 9% Fiscal Q3 Sales Increase
Ashworth, Inc. net revenue for the fiscal third quarter ended July 31, 2006 increased 9.3% to $52.8 million as compared to $48.3 million for the third quarter of 2005. The Company reported consolidated third quarter net income of $0.7 million, or 5 cents
Heelys Ready to Roll in Public Market with IPO…
Hot trend at retail? You bet. Captures the attention of the youth consumer? Absolutely. The next hot IPO from the active lifestyle sector? We’ll see. Volcom has been an absolute success; Under Armour continues to please; Zumiez is growing rapidly an
Finish Line Comp Sales Declines Moderate in August…
A week ago, The Finish Line, Inc. warned the market that business had slowed to a point that they felt compelled to issue a sales and earnings downgrade for the year (SEW_0635). They had also announced they would no longer issue quarterly or annual guidan
DSW Q2 Earnings Gain Surges Past Sales Growth…
DSW Inc. saw net income growth outpace sales gains for the second quarter ended July 29, thanks in part to an improvement in gross margins that came through higher initial mark-ups, a decrease in mark-downs, and a leveraging of distribution center costs.
Forzani Swings to a Q2 Profit on Strong Comps
The Forzani Group Ltd. net earnings for the second quarter were C$1.9 million, or six cents per share, compared to a loss in the prior year's second quarter of C$2.3 million, or seven cents per share. Retail system sales for the quarter were C$337.9
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