Acushnet Parent Ups Q2 Earnings Guidance

In remarks prepared for delivery Wednesday at the Piper Jaffray Consumer Conference in New York, Fortune Brands chairman & CEO Norm Wesley said that second quarter EPS before charges/gains will be near the top of analysts' estimated range, delivering

Russell Corp. Names New Board Member

The Board of Directors of Russell Corporation announced that Arnold W. Donald has been named to the company board. Donald is chairman of Merisant Company, a world- leader in the manufacture and marketing of low-calorie sweeteners, including Equal(R) and C

All Eyes on Gander Mountain…

Several top investment firms initiated coverage of Gander Mountain this week, including Piper Jaffray, Bank of America and William Blair & Co. – the firm that floated the outdoor retailer’s IPO. The company received high marks from all analysts, who cited

Retail Execs See Lighter Traffic But More Sales in May…

It looks like the most recent Executive Opinion Survey, a monthly index by the National Retail Federation, was a fair indicator of the health of the retail business in May as retail execs also noted that the prediction of a negative impact of higher gas p

But Loses Hoosier Deal to adidas…

The Hoosiers have made the switch from Nike to adidas for the school’s entire athletic department. The decision marks the first time that adidas has been the licensed product vendor for all of IU’s sports. Nike had held a majority of the contract since 20

Jack Moore Resigns from Kohl’s

Kohl's Corporation announced the resignation of Jack Moore, executive vice president/general merchandise manager of Home and Footwear effective today to accept a position as President and Chief Operating Officer at Linens 'n Things.

DuPont Builds Eco-Friendly Textile Plant…

DuPont has signed a joint venture agreement with Tate & Lyle PLC, a U.K.-based carbohydrate processing company, to develop and build a production facility for a bio-based nylon and polyester alternative. The joint venture will use a proprietary fermentati

Stage Stores May Comps Inch Up 1.0%

Stage Stores total sales for the four-week period ended May 29, 2004 increased 39.4% to $90.6 million from $65.0 million in the prior year four-week period ended May 31, 2003. Comparable store sales increased 1.0% versus a decrease of 5.4% last year. Year

JC Penney May Comps Jump 9.1%

J. C. Penney Company comparable department store sales increased 9.1% for the four weeks ended May 29, 2004. Total sales for the month increased 9.0% to $1.042 billion, compared to $960 million last year…

New Era’s De Waal Named to Caps for Kids Board

New Era Cap Co. announced that John De Waal, Vice President of Global Marketing, was appointed membership on the National Advisory Board for Caps for Kids, a charity organization dedicated to providing celebrity-autographed caps for children undergoing ca