Quiksilver Fiscal Q1 Net Income Gets Nice Asia Pacific Lift…
Quiksilver's net revenues for the fiscal first quarter ended January 31 increased 33.6% to $342.9 million, from $256.1 million in the year-ago quarter. Excluding the addition of DC Shoes in the quarter, revenues increased approximately 22.6% for the
Calvin Johnston Promoted to CEO of Russell Athletic
Russell Corporation has promoted Calvin Johnston to CEO of Russell Athletic. Johnston had been president of JERZEES Europe. He will relocate to Atlanta from Scotland and report to Jon Letzler, president and COO for the Corporation…
Brown Shoe to Acquire Bennett Footwear
Brown Shoe Company has entered into a definitive agreement to acquire Boston-based Bennett Footwear Group for $205 million in cash. Bennett's owned and licensed footwear brands, which include Via Spiga, Franco Sarto, Etienne Aigner and Nickels Soft,
adidas-Salomon Sees Q4 Profits Shrink on Weaker Salomon Results…
adidas-Salomon posted what most see as a pretty positive year as sales grew 3.4% in Euro terms to €6.48 billion in 2004 compared to €6.27 billion in 2003 and net income increased 20.8% to €314.0 million from €260.0 million in the prior year. Currency-neu
Salomon Alpine Business a Drag on Sales and Profits at adidas-Salomon…
adidas-Salomon posted what most see as a pretty positive year as sales grew 3.4% in Euro terms to €6.48 billion in 2004 compared to €6.27 billion in 2003 and net income increased 20.8% to €314.0 million from €260.0 million in the prior year. Currency-neu
Hennion Takes Marketing Reins at Dick’s Sporting Goods
Dick's Sporting Goods has promoted Jeff Hennion to Senior Vice President of Marketing. Mr. Hennion joined Dick’s Sporting Goods as Vice President and Treasurer in January 2000 and moved quickly through the ranks, eventually promoted to SVP of Strateg
Famous Footwear Again Sets the Pace for Brown Shoe in Q4…
If retail was the NFL, the honors for Coach of the Year would have to go to Famous Footwear president Joe Wood. A strong performance in the fourth quarter ended January 29 was due to two years of investment in the family footwear chain of Brown Shoe Comp
Pacific Cycle Pulls Dorel to Record Year…
Dorel was again able to leverage the acquisition of Pacific Cycle to boost both sales and earnings in the fourth quarter of 2004. Total company sales increased 42% during the quarter to $457.4 million, compared to $322.1 million last year. Pacific account
Pacific Cycle Pulls Dorel to Record Year…
Dorel was again able to leverage the acquisition of Pacific Cycle to boost both sales and earnings in the fourth quarter of 2004. Total company sales increased 42.0% during the quarter to $457.4 million, compared to $322.1 million last year. The addition
Kellwood Reports Strong Growth…
Kellwood fourth quarter sales increased 13.7% to $592.3 million, versus $521.2 million last year due to a combination of organic growth of 10%, and the acquisition of Phat Fashions and Phat Farm, which provided $18 million of revenue in the fourth quarter
Shoe Carnival Starts to See the Payoff…
Shoe Carnival, Inc. CEO Mark Lemond is starting to see his team’s strategy start to bear fruit as the family footwear retailer posted solid back-to-back monthly comp store sales gains for the last two months. Net sales for Q4 increased 7.2% to $143.9 mil
Prime Rate Investors to Acquire Skiershop Mountain Sports…
Prime Rate Investors, an affiliate of RSN and the owners of Stowe TV-10, has signed a letter of intent to acquire Skiershop Mountain Sports, a Stowe, Vermont based Bicycle, Outdoor, and SnowSports retailer…
Gander Mountain Sales Increase 30.3%; Comps Fall 5.4%
Gander Mountain fourth quarter sales increased 30.3% to $237.2 million, an increase of $55.2 million over the fourth quarter of fiscal 2003. Comparable store sales declined 5.4% after an increase of 12.2% in the fourth quarter of 2003 and 12.0% in the fou
Cutter and Buck Narrows Fiscal Q3 Net Loss
Cutter & Buck Inc. announced that net sales increased 7.6% to $24.2 million in its third fiscal quarter ended January 31, compared to $22.5 million in the year-ago quarter. Gross margin for the period rose 70 basis points to 45.2% of sales. CBUK narrowe
Prime Rate Investors to Acquire Skiershop Mountain Sports
Prime Rate Investors, Inc. signed a letter of intent to acquire Skiershop Mountain Sports, the Stowe, Vermont based retailer of skis, bikes, and outdoor gear and apparel. Its e-tail platform www.skiershop.com is featured as “Best of the Web” on Forbes.com
