Johnson Outdoors Inc. promoted David W. Johnson to the position of Vice President – Chief Financial Officer. Mr. Johnson has served as interim chief financial officer since August 2005 during which time the Company conducted an extensive executive search
Tag: People
GSI Commerce Sees Sales Jump, But Accounting Issues Prevent Translation to Bottom-Line…
GSI Commerce reported that net revenues for the third quarter were $84.9 million, a 24% increase compared to $68.6 million in the same period last year. Product sales from the sporting goods category were $38.1 million, up 28% compared to $29.8 million f
Hartman Resigns Foot Locker CFO Post; McHugh Steps Up
Foot Locker, Inc. announced Monday that Robert W. McHugh has been named SVP and CFO. Mr. McHugh, presently the company's VP and chief accounting officer, succeeds Bruce L. Hartman who has resigned from Foot Locker, Inc. and has accepted a position at
Foot Locker Still Sees Europe Drain; U.S. Pleases…
Foot Locker, Inc. looked to strong growth in the Champs and Footaction businesses in the U.S. and hints of a turnaround in the Europe business as positive long-term indicators for the company. But a decline in gross margins attributed to a promotional st
Shoe Carnival Continues to Grab Women’s Business…
Shoe Carnival, Inc. posted its highest quarterly earnings in its history in the fiscal third quarter ended October 29, thanks in large part to a whopping 21.2% comparable store increase in the month of October that lifted the quarterly top-line and increa
Zumiez Shows Benefits of Balanced Growth and Monthly Consistency…
Zumiez Inc. strung together three consecutive months of strong comparable store sales gains during the third quarter to average out to a 9.8% overall comp sales increase on top of a 9.0% gain in the year-ago quarter. Management was predictably excited ab
Orange 21 Hits Q3 Sales Target; Misses Earnings…
Orange 21 Inc.'s net sales for the third quarter climbed 8.4% to $10.8 million compared to $10.0 million in 2004, but net income for the quarter fell to $192,000, compared to net income of $517,000 in 2004. Earnings per diluted share were two cents c
Puma Supports 11 World Cup Teams
Puma announced that the company will be the Official Technical Supplier of on-field, sideline, training, and representation apparel, as well as equipment to 11 national teams at the upcoming 2006 FIFA World Cup in Germany…
Claiborne Completes prAna Acquisition
Liz Claiborne Inc. completed the purchase of all of the equity of Skylark Sport Marketing Corporation, doing business as prAna.
Johnson Outdoors Narrows Q4 Loss on 2% Sales Increase
Johnson Outdoors fiscal fourth quarter sales were $77.1 million, an increase of 2% compared to $75.6 million for the prior year quarter. Net earnings for the quarter improved to a net loss of $3.4 million or 39 cents per diluted share versus a net loss of
Puma Extends Italian Football Sponsorship; Launches Away Kit
Puma and the Italian Football Association (FIGC) announced a long-term contract extension to the current agreement, which was originally started in January 2003. Under the agreement, Puma will remain the technical sponsor of all on-field, sideline, traini
Kona Inks Deal with Velo Bella
The Kona Bicycle Company announced a new two-year partnership with the fabulous women of Velo Bella – the California-based collective of professional bicycle racing teams and clubs. The new Team Velo Bella-Kona partnership will encompass Velo Bella’s prof
Gander Signs Leases for Three New Stores
Gander Mountain Company signed leases for three new outdoor lifestyle specialty stores to open in the spring of 2006. All of the new stores will be built for Gander Mountain with approximately 65,000 square feet plus outside selling space. Each will inclu
Feehan Replaced as Confluence Chef Executive…
Confluence Holdings issued a statement last week regarding changes to the company's executive team. Effective Thursday, November 3, 2005, Robert Sharp, Chairman of the Board of Confluence Holdings Corp., has assumed operational responsibilities of Co
OIA: Equipment Sales Shift to e-Commerce…
The overall retail environment is changing quite dramatically, according to OIA’s most recent Top-Line Retail Audit, but these changes do not appear to effect specialty retailers in any negative way. The most profound changes are clearly driven by two pr