Delta Woodside Sees Wider Q1 Loss on Lower Sales: NYSE Will De-List Stock
Delta Woodside Industries, Inc. reported net sales of $37.9 million for the first quarter ended March 27, 2004, a decrease of 18.4% when compared to net sales of $46.5 million for the year-ago quarter. The decrease from Q1 2003 was the result of reduced u
Wolverine Thanks Merrell for Another Solid Quarter
Wolverine World Wide achieved record revenue for the first quarter of 2004 totaling $224.9 million, a 17.4% increase over first quarter 2003 revenue of $191.5 million. Earnings per share during the first quarter of 2004 grew to $0.30 per share compared t
Gander Mountain Opens on Nasdaq Priced at $16 a Share
Gander Mountain Company has announced the pricing of its initial public offering of 5,725,000 shares of its common stock at a price of $16.00 per share. In addition, Gander Mountain has granted the underwriters a 30-day option to purchase up to an additi
Nike Realigns Regional Managment Teams
Nike is realigning the company's regional management, effective immediately. Eunan McLaughlin, currently vice president of Nike's Asia Pacific region, will become vice president of the Europe, Middle East and Africa region, succeeding Frits van
Specialized and Deda Sign Licensing Agreement
Premiere Italian tubing maker Dedacciai will license patented Specialized Zertz™ viscoeleastic vibration damping technology. Deda will use the proprietary technology under the DAVS (Deda Anti-Vibration System) name in its top-of-the-line carbon and alumin
Dagger Sponsors ‘Girls at Play’ Program
Dagger has signed on for sponsorship of “Girls at Play”, a national series of kayaking clinics for women taking place this spring and summer, led by Anna Levesque, a member of Team D, Dagger Kayak's professional team. Designed to bring more women int
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
