NSGA Participation Numbers Paint a Different Picture
In spite of a 3% decline, exercise walking, remains the No. 1 participation activity surveyed by the National Sporting Goods Association (NSGA), a position it has held for more than a decade. Data contained in NSGA’s annual “Sports Participation – Series
Montrail Taps De Muynck for EU Sales Manager
Montrail has hired Bruno De Muynck as its first European Sales Manager, effective immediately. De Muynck, who will be based out of Antwerp, Belgium, will take the lead
role in Europe to develop the Montrail brand, penetrate key markets, and coordinate mar
Oakley Net Income Jumps 31.2% on 14.3% Sales Increase
Oakley reported that first quarter net sales increased 14.3% to $127.1 million, compared with $111.2 million in the first quarter of 2003. Net income for Q1 totaled $4.2 million, or six cents per diluted share, compared with net income of $3.2 million, o
Foot Locker Prevails in Footaction Acquisition Bid
Footstar, Inc. has confirmed that the U.S. Bankruptcy Court has approved the sale of approximately 350 Footaction stores to Foot Locker, Inc. for $225 million in cash, subject to certain closing adjustments and regulatory approvals. Foot Locker increased
Reebok Signs Multi-Year Deals with Top NFL Prospects
Reebok has signed multi-year endorsement agreements with University of Mississippi quarterback Eli Manning and University of Miami's tight end Kellen Winslow, Jr. Widely considered two of the top prospects in the upcoming NFL Draft, Manning and Winsl
Perry Ellis Appints Pita VP of Finance
Perry Ellis International announced that George Pita has been named senior vice president of finance. Pita will report to Chief Financial Officer Tim Page and will be responsible for all corporate accounting functions, as well as the company's green
Tworecke Resigns President/COO Post at The Bon-Ton
The Bon-Ton Stores, Inc. has announced that Frank Tworecke, President and Chief Operating Officer, has resigned effective May 7, 2004. Mr. Tworecke has been named Group President, Sportswear for Warnaco and will have responsibility for Warnaco's Calv
Ski Systems Help Specialty Sales
Integrated ski systems helped the alpine ski equipment category this season with admirable gains in both specialty and chain stores. In the specialty stores, all integrated ski system sales were up 25% in dollars through February, prompted by average reta
Chain Store SnowSports Sales Up 2.9% for 2004 STD
Overall sales at chain stores were up 2.9% in dollars to $451.8 million for August 2003 through February 2004 as compared to $439.2 million for the same period last season. “This increase in sales can be attributed to healthy gains in apparel accessories
OIA Receives Bi-Partisan Support For Conservation Trust
The OIA has announced that last month, Senators Olympia Snowe (R-ME) and Jon Corzine (D-NJ) drafted a letter to the Chairmen and Ranking Members of the Senate Appropriations Committee and the Subcommittee on Interior. The letter urged the Committee's
Spiegel Will ‘Rationalize’ Catalog Workforce
The Spiegel Group announced that, as part of its ongoing restructuring process, it is taking steps to rationalize its operations, making headcount reductions at its Spiegel Catalog division and its corporate support staff…
Phoenix Doubles Q1 Net Sales; over 10% Organic Growth
Phoenix Footwear Group announced consolidated results for the first quarter ended March 27, 2004. Net sales for the first quarter totaled $18.6 million versus $9.2 million for the first quarter of 2003, an increase of $9.4 million or 102%. Net sales for t
K2 Adds Two More Brands; Beats Q1 EPS Guidance
K2 Inc. reported record sales for the first quarter ended March 31, 2004, an increase of 76.6% to $277.4 million from $157.1 million in the 2003. Diluted earnings per share in the first quarter increased to $0.27, as compared to $0.01 in the year earlier
Foot Locker to Redeem $150 Million in 5.5% Notes
Foot Locker, Inc. has provided The Bank of New York, as Trustee under the indenture, with notification that it intends to redeem all of its $150 million outstanding 5.5% convertible subordinated notes, effective June 4, 2004.
Under the terms of the notes,
Sierra Club Elects ‘New’ Board
Sierra Club members turned out in unprecedented numbers
this year to elect five new members to the 112-year-old environmental organization's Board of Directors. A record 22.7 percent of the Club's membership returned 171,616 ballots, compared t
