Jack Moore Resigns from Kohl’s
Kohl's Corporation announced the resignation of Jack Moore, executive vice president/general merchandise manager of Home and Footwear effective today to accept a position as President and Chief Operating Officer at Linens 'n Things.
Foot Locker Converts All of its 5.5% Notes to Stock
Foot Locker announced that The Bank of New York, as Conversion Agent for the Company's $150 million outstanding 5.5% convertible subordinated notes, has received notice from 100% of the note holders of their election to convert their securities into
Neville Named President of Stride Rite’s Keds Division
Shawn Neville will join Stride Rite Corporation as president of Keds, effective July 7, 2004. Most recently, Neville was president & CEO of Footstar's athletic division, including the management of Footaction, USA and Just for Feet. Previously, he w
Retail Ventures Narrows Q1 Loss on 9.8% Sales Gain
Retail Ventures, Inc. announced net sales for the first quarter ended May 1, 2004 increased 9.8% to $646.3 million from $588.5 million for the 2003. Comparable store sales for the thirteen-week period increased 4.2% when compared to the same period last
Sportcraft in Recall of Tredex Treadmills
Sportcraft Ltd, in coorperation with the CPSC, is voluntarily recalling 320 units of the Tredex 10.0 treadmill. The product was said to have been sold primarily through Dick's Sporting Goods from January 2004 through March 2004 for between $500 and
adidas Extends French Soccer Federation Partnership Deal
The Fédération Française de Football (FFF) and adidas announced that they have extended their partnership agreement until 2010. The French Football Federation currently holds the second place in the FIFA World Ranking and is the defending European Champio
Cabela’s Prices IPO Range; May Net North of $93 Million
Cabela's Inc. on Monday set the range for its pending IPO at an estimated price between $15 and $17 per share. The company plans to offer 9.375 million shares, netting the company between $93.75 million and $106.25 million. Selling shareholders wil
Cobblestones Names Sales and Marketing Chief
Cobblestones Activewear has named Michael Seegmiller vice president of Sales and Marketing, it was announced by Mark Osborn, general manager. Seegmiller comes to Cobblestone with more than 25 years experience in managing national and key accounts, includi
Specialty Companies See Profit Growth Double the Gains in First Quarter Sales …
Much of the issues that impacted the general sporting goods industry results in the first quarter – both positively and negatively – were also the key influencers for the Bicycle, Outdoor, and SnowSports specialty markets covered in The B.O.S.S. Report ea
ASTM Certifies New Textile Testing Method…
The American Society of Testing and Materials and Outlast have collaborated with Dr. Douglass Hittle, the Director of Solar Energy Applications at Colorado State University, to develop a textile test for phase change materials…
DuPont Builds Eco-Friendly Textile Plant…
DuPont has signed a joint venture agreement with Tate & Lyle PLC, a U.K.-based carbohydrate processing company, to develop and build a production facility for a bio-based nylon and polyester alternative. The joint venture will use a proprietary fermentati
Price Hikes Are Rolling Down the Bike Supply Chain…
Full Speed Ahead and its subsidiary VisionTech will be raising their wholesale 5% to 15% mainly due to rising costs of raw materials and the overheating Chinese economy. As previously reported in BOSS (BOSS_0413), shortages in steel and aluminum in China
Forzani Sees Continued Challenges in Canadian Sporting Goods Market…
Forzani started the year off on shaky ground on the sales front, thanks in large part to heavy price competition and a declining sporting goods market north of the border, but shook off the tougher market and posted a 38% increase in net income for the pe
K2 Inc: Why We Didn’t Buy It and What We Will and Won’t Acquire…
At the SunTrust Robinson Humphrey Conference in Atlanta, Dudley Mendenhall, K2 Inc.’s SVP Finance, outlined his company’s performance and future strategy for investors. Mendenhall said K2 now represents about $1 billion of the $50 billion U.S. wholesale
American Recreation Parent Boosts Net Income 18.5% in Q1…
Kellwood’s American Recreation division, which houses the Sierra Designs, Kelty, and Slumberjack brands, is grouped into the ‘other soft goods’ category in company financial statements. The category posted a 19.2% decline in sales to $120.0 million compar
