Tag: People

Nearly two-thirds of American families will find themselves with a little extra money to spend this spring. The NRF 2004 Tax Returns Consumer Intentions and Actions Survey, conducted by BIGresearch for NRF, found that 67.6% of consumers (or 145.7 million

In 2003 Lotto Sport Italia, despite the negative general market situation as regards consumption, obtained positive results with sales of €255 million ($312 mm), an amount that shows an increase of 3.2% with respect to 2002. Actually, as Lotto Sport Itali

Cutter Buck announced Q3 sales were down 12.1% to $22.5 million from $25.6 million in the corresponding period last year. Third quarter net loss dropped 90.1% from $9.7 million last year to $0.9 million for 2004. Gross margin jumped 55 basis points from 3

Dick's Sporting Goods is laying the groundwork for another solid year ahead as it focuses its strategy on increasing business in its fitness and outdoor businesses while it leverages growth in private label to grow margins and sales. The retailer wi

Callaway Golf Company has seized 27,000 clubheads from Newport Golf, a company controlled by Jimmy Lin and accused of selling illegal copies of Callaway's golf clubs. A court-mediated settlement had given Callaway over $800,000 in cash and 28,000 ot

L.L.Bean reported net sales for the fiscal year ending February 29, 2004 increased 10% to $1.2 billion. The company also announced that its Board of Directors approved a cash award of 15% of annual pay to eligible employees, and cash gifts to recognize th

Mossimo reported fourth quarter 2003 revenue increased 15%
to $3.0 million compared to $2.6 million for the same period last year. The Company reported fourth quarter 2003 net earnings of $693,000 compared to net earnings of $5.4 million for the same peri

adidas-Salomon reported the 2003 fourth quarter sales declined 4% on a currency-neutral basis “mainly as a result of unfavorable comparisons with the prior year period, where sales in North America and at TaylorMade-adidas Golf were particularly strong”.

Target Corporation announced that it will review strategic alternatives for its Mervyn's and Marshall Field's divisions. Goldman Sachs has been engaged to advise the Corporation in this review. In 2003, Mervyn's generated $3.6 billion in r

According to 2003 figures released by Golf Datatech Callaway Golf continued to lead the woods market in both units sold at 18.0% and revenues earned at 24.0% and topped the irons market with 17.2% of the units sold and 26.1% of revenues. This marks the se

Dillard's sales for the four weeks ended February 28, 2004 were $620,979,000 compared to sales for the four weeks ended March 1, 2003 of $610,272,000. Total sales increased 2% for the four-week period. Sales in comparable stores for the four-week per

Payless ShoeSource reported that same-store sales decreased 2.9% percent during the February reporting period, the four weeks ended February 28, 2004. Company sales totaled $171.8 million, a 2.0 percent decrease from
$175.3 million during fiscal February

Kohl's
Corporation reported sales for the four-week
period ended February 28, 2004 increased 21.8% over the four-week
period ended March 1, 2003. On a comparable store basis, sales
increased 6.6%…

The May Department Stores Company reported preliminary net sales of $880 million for the four-week period ended Feb. 28, 2004, a 4.1% increase from $846 million in the similar period last year. Store-for-store sales increased 2.6%. February store-for-st

Costco Wholesale Corporation announced its operating results for the 4-week retail reporting month of February. The Company today reported net sales of $3.49 billion for the 4-week retail reporting month of February, the four weeks ended February 29, 200