Delta Fiscal Q4 Sales Nearly Double on Soffe Assist; Net Jumps 232%
Delta Apparel, Inc. reported that sales for the fiscal fourth quarter ended July 3, 2004 increased 98.2% to $72.9 million from $36.8 million, due primarily to the acquisition of M.J. Soffe Co. The Soffe business contributed $32.2 million in sales in Q4 a
Accell Group Acquires Bremshey out of Bankruptcy
Tunturi, a subsidiary of Accell Group NV, has launched its own organisation for the sale and distribution of fitness equipment in Germany. Accell decided to take this step partly due to the fact that the current distributor in Germany, Bremshey, was in fi
Polartec Apex Awards Announced
Malden Mills announces the Polartec APEX Design Award winners for 2004. This award goes to the best-of-the-best Polartec based garments that will be available to consumers Fall 2004. Winners are selected based on the style, function, and fit of the garmen
VF Names New Nautica CEO
VF Corporation has named Denise V. Seegal as President and Chief Executive Officer of its Nautica division. She will assume the position held since August 2003 by Nautica founder, David Chu, who is leaving to pursue other interests.
Genesco Swings to Q2 Profit; Raise Full Year Guidance
Genesco Inc. reported net earnings of $4.8 million, or 21 cents per diluted share, for the second quarter ended July 31, 2004, compared to a net loss of $891,000, or 4 cents per diluted share, for the second quarter last year. Net sales for Q2 increased
Deckers Adds Nelson as VP of Corporate Licensing
Deckers has appointed Tracey Nelson to the newly created position of Vice President of Corporate Licensing. In her new role as Vice President of Corporate Licensing, Ms. Nelson will be responsible for the licensing of Deckers' Teva, UGG and Simple br
Hibbett Q2 Net Down 6.4% on Higher Markdowns
Hibbett Sporting Goods reported that net sales for second quarter ended July 31, 2004 increased 14.1% to $81.8 million compared with $71.7 million for the year-ago period. Comparable store sales increased 2.5% in the quarter. Net income declined 6.4% to
Foot Locker Income Jumps 121% on Tax Benefit
Foot Locker reported net income for the second quarter increased 121% to 53 cents per share, or $82 million, compared with 24 cents per share, or $36 million in Q2 last year. Sales increased 12.9% to $1.27 billion compared with sales of $1.12 billion in t
Warnaco Completes Ocean Pacific Acquisition
The Warnaco Group, Inc. has completed its previously announced acquisition of Ocean Pacific Apparel Corp. for $40 million in cash and the assumption of $1 million in debt…
PacSun Authorizes $50 mm Stock Buy-Back
Pacific Sunwear, following a regularly scheduled meeting of the company's board of directors, has authorized the company to repurchase up to an additional $50 million of Pacific Sunwear common stock. In the first half of fiscal 2004, under repurchase
Forzani to Acquire Nevada Bob’s Canadian Business
The Forzani Group and Nevada Bob's International have signed a letter of intent which contemplates Forzani acquiring the Canadian business of NBI. The completion of the transaction is conditional upon, among other things, the completion of due dilige
Gander Mountain Q2 Pro Forma Net Loss Inches Up; Comps Up 1.8%
Gander Mountain reported total sales for the second quarter of fiscal 2004 increased 35% to $128.1 million from $94.8 million in the year-ago period. Comparable store sales increased 1.8% on top of a 15.5% increase in the second quarter of fiscal 2003. T
Brown Shoe Earnings Drop 32.4% on Flat Sales
Brown Shoe Company reported net earnings of $7.8 million for the second quarter of 2004, compared to year-ago earnings of $11.6 million, a decrease of 32.4%. Earnings per diluted share for the period were 41 cents, versus 62 cents last year. Consolidated
Sherpani Alpina Sees Dealer Base Surge
Sherpani Alpina, an outdoor company that makes backpacks exclusively for women, has seen its retail base surg to 150 dealerships in its first full season. Currently, Its retail partners include REI, Lucy Activewear, and EMS, as well as the Title 9 Sports
Columbia Signs Distribution Deal s for South Africa, Philippines
Columbia Sportswear Company has inked distribution agreements with South Africa-based Foschini Retail Group and Philippines-based Kenrich International Distributor Corporation (KIDC). These new relationships further Columbia's strategy to distribute
