Wilbur L. Ross, Chairman of Burlington Industries said, “We are delighted with the Administration's decision regarding the China safeguards. The textile and apparel industries have been hurt severely by inappropriate behavior on the part of China and
Tag: Trade
Boeri Refutes Consumer Report’s Findings
In the December 2003 issue of Consumer Reports Magazine an article was published titled “Safety on the Slopes”. In this article several ski helmets were tested and evaluated by the staff at Consumer Reports. One of the tested models was the Boeri Axis Rag
Schoeller Opens New Korean Office
Schoeller Switzerland is opening a new office in Korea at a ceremony on October 10 in the Grand Hyatt Hotel in Seoul. In an effort to increase the company’s support to the very important and fast growing Korean market, this new facility will serve as a ma
Accell Group Predicts 25% EPS Growth
Accell Group N.V. sales of their new bicycle collections are going well and are generating positive results, partly due to the good weather. Earnings per share for the full year are therefore expected to increase by at least 25%, barring unforeseen circum
Galyan’s Q3 Same-Store Sales Decrease 5.7%
Galyan's Trading Company, Inc. reported net sales for the third quarter were $147.7 million, representing a 13.8% increase over the same period last year. Same-store sales declined 5.7% for the quarter. Higher comparable store sales in athletic app
Urban Outfitters Q3 Comps Up 15%; Direct Biz Up 48%
Urban Outfitters, Inc. announced total company sales for the third quarter jumped 29%, as compared to the same period last year, to a record $142.3 million. The
increase was driven by a 23% increase in the number of stores in operation and a 17% increase
Amerex Appoints President of Mens and Ladies Group
Amerex Group Inc. has announced that Renee McGovern has joined the firm as President of the Amerex Mens and Ladies Group. She reports to Chief Executive Officer, Glenn Palmer…
Oakley Loses Ground in Core Business as the U.S., Sunglass Sales and Hut Decline…
Oakley pointed to the lack of a new break-out model in its Sunglass line this year and heavier spring retail inventories that carried over into Q3 as reasons for the fairly sharp decline in its core Sunglass business for the third quarter…
Bell Takes Over For Dagger In The Canoe Business
Dagger kayaks, a division of WaterMark, announced it is
leaving the canoe business to focus solely on kayak production. The decision is effective immediately. Bell Canoe Works, of Zimmerman MN, struck a two-part deal with WaterMark that will help fill the
Pro Golf of America Gets Aggressive on Store Growth
Pro Golf of America is finding opportunities for growth in the golf retail sector by opening a record number of new stores this year. The company projects that it will lead the golf retail category with 15 new store owners in 2003. That growth is expect
Huffy Corp. Elects D’Aloia to Board of Directors
Paul R. D'Aloia has been elected to the Board of Directors of Huffy Corporation. D'Aloia, who was elected President and Chief Operating Officer in August 2003, joined Huffy Corporation in 1997 as President and General Manager of the Huffy Sports
While Rodale Commits to Neutrality…
The same lack of Gore technology is evident when one looks at the running market, and in response Gore has licensed the Runners World name from Rodale publishing for its Running line (BOSS_0340). Rodale, the publisher of Runners World Magazine, has seen
InterBike Attendance Numbers Are In
Interbike concluded Tuesday the 14th, after five days of bike-related business. The annual trade show, which showcases the latest in cycling products and trends, attracted bicycle retailers, manufacturers, media, celebrities and industry advocates and aff
Cannondale Makes Some Pre-InterBike Changes To Management
Cannondale is heading into the Interbike trade show and the 2004 season with a renewed dedication and focus on the marketplace that are reflected in organizational changes to its senior management team. The new team includes previously announced hires Jo
Noland Appointed CFO for Fila USA
Fila USA CEO Tom O'Riordan has appointed Fila USA Vice President – Controller Sharon Noland to Chief Financial Officer. In her new role, Mrs. Noland will assume responsibility for all financial areas including Tax, Financial Planning and Reporting,