National Geographic Adventure Appoints New Account Manager…
Brigitte Baron has been appointed account manager of the Northwest region for National Geographic Adventure magazine. Formerly the magazine's New England account manager, Baron is relocating this week from New York to Adventure's Los Angeles off
American Skiing Company Weathers Difficulties at Eastern Resorts
American Skiing Company announced its financial results for its second fiscal quarter and six months ended January 25, 2004. The Company reported improved financial performance at its western resorts that has helped mitigate the impact of challenging wea
Hibbett Posts 36.7% Net Income Gain in Q4
Hibbett Sporting Goods, Inc. reported net income for the fourth fiscal quarter increased 41.3% to $6.5 million compared with $4.6 million in Q4 last year. Earnings per diluted share increased 36.7% to 41 cents from 30 cents in the prior year. Net sales i
Hibbett Names Mickey Newsome Chairman of the Board
Hibbett Sporting Goods, Inc. announced that the Board of Directors has named Mickey Newsome, President and Chief Executive Officer, to serve as Chairman of the Board. John F. Megrue, Jr. is relinquishing his role as Chairman and retiring from the Board, e
Quiksilver Fiscal Q1 Net Up 40% on 33% Sales Gain; Raises 2004 Guidance
Quiksilver, Inc. announced consolidated revenues for the first quarter of fiscal 2004 ended January 31, 2004 increased 33% to $256.1 million compared to $192.1 million for the year-ago period. Consolidated net income for the Q1 increased 40% to $9.2 milli
Target Corp. May Sell Off Mervyn’s and Marshall Field’s
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
Yue Yuen Posts 35.8% Profit Increase for Q1
Yue Yuen Industrial Holdings Limited announced its unaudited consolidated results for the three months ended 31st December, 2003. Turnover and net profit increased year-on-year by 5.4% to US$644.7 million and 35.8% to US$93.9 million respectively…
LeRoy Jumps to Gildan to Head Retail Sales
Gildan Activewear Inc. announced the appointment of Douglas E. LeRoy as Vice-President of Retail Sales. Mr. LeRoy will be based in Barbados and report to Mike Hoffman, President of Gildan Activewear SRL, Gildan's U.S. and international sales and mark
SIA Brings in Two New Staff Members
SnowSports Industries America (SIA) is pleased to announce the hiring of two new staff members to join its growing team. Christine Martinez has been named the new market research manager while Sara Hobbs will assume the position of executive assistant to
Footstar to Close all JFF Stores; Trims Footaction…
Footstar, Inc. filed a motions Friday in U.S. bankruptcy court to close “in the near term” 165 underperforming stores, including all of its 88 Just For Feet stores and 77 of its 429 Footaction stores. The motions included an “emergency” request for autho
Foot Locker Getting Religion Again at Higher Price Points…
Europe and the Internet continue to outpace gains in Foot Locker’s U.S. retail stores in the fourth quarter even as the company starts to anniversary lower average selling prices, negative comps and the reduced Nike product on the floor in the year-ago pe
Pacific Sunwear Looks to Footwear for Growth; Girl’s Share Falls Short of 50% Mark…
Pacific Sunwear is also in the pink for 2004, as February sales at both the PacSun and d.e.m.o. nameplates continue the strong performance of 2003…
Genesco Looks to Athletic for Growth; Will Close Jarman Stores…
Genesco Inc. is starting to see some positive signs in the mall and is looking to turn the corner soon, raising its earnings guidance for the current year to deliver EPS in the $1.37 to $1.44 per share range on sales between $901 million and $920 million.
Forzani’s Q4 Not Enough to Deliver Full Year Earnings Forecast…
Despite improved sales results for the fourth quarter and the year, The Forzani Group Ltd. reported that net earnings for the year ended February 1 are now estimated to be in the range of C$0.85 and C$0.87 per share versus previous guidance of C$1.01 to C
Collegiate Pacific Exploits New Opps…
With the acquisition of Tomark Sports at the beginning of the Year, Collegiate Pacific became a vertically integrated company, controlling everything from the manufacturing process to the distribution channels. The company is already leveraging this advan
