Almost Seems Unfair at this Point…
If exclusive marquee footwear product got people in the door at The Finish Line, they loaded up on Licensed Apparel once they got in the store, with the category reportedly “white-hot” everywhere and Reebok the primary beneficiary of a fashion trend that
Apparel Retail Looks Lopsided Too…
It’s also starting to sound like a broken record over at Pacific Sunwear as the other mall darling continues to yank business away from the teen retail sector through superior merchandising and product selection in two very different formats…
Meanwhile, Off the Mall…
Shoe Carnival posted a solid August, but is still playing it safe for the balance of the year, keeping inventories lean until they see a “more robust retail environment” for a sustained period of time…Famous Footwear has been working dilig
Johnson Outdoors Files Suit Against Former Diving Chief
Mahmoud Ashour has been named in a civil suit filed by Johnson Outdoors. According to the lawsuit, Ashour was dismissed from the company earlier last week after JOUT announced they were looking for a replacement.
The company claims that their former Eur
Nike Golf Builds Ball Share in August
Nike Golf said it sustained its third straight month with increased golf ball market share and a No. 3 ranking in the golf ball category based upon figures provided by industry standard Golf Datatech for green grass, golf
specialty and sporting goods reta
Kohl’s EVP of Stores Resigns
Kohl's Corporation announced Beryl Buley, executive vice president/director of stores, has resigned to pursue other interests. On an interim basis, the store operations group will report to Larry Montgomery, chairman and CEO…
Escalade Promotes Frandsen to CFO
Escalade, Inc. announced that Mr. Terry Frandsen has been promoted to Chief Financial Officer and Treasurer replacing Mr. John Wilson who is retiring to spend more time with his family. Mr. Frandsen joined Escalade in October 2002 as Vice President of Fi
Accessory Brands Nets NBA Deal
Accessory Brands Inc. announced it had won the license to sell and market the National Basketball Association licensed accessory items. The company did not disclose financial details of the deal but said it covers the NBA, NBA4her, NBA Bigman, and Hardwo
G-III Fiscal Q2 Profits Grow Four-Fold on 13% Sales Gain
G-III Apparel Group reported net sales of $45.3 million and net income of $2.7 million, or $0.37 per diluted share, for the three-month period ended July 31, 2003 compared to net sales of $40.0 million and net income of $576,000, or $0.08 per diluted shar
Asics to Sponsor Freestyle Wresting Chamionships
ASICS will partner with USA Wrestling to be the official footwear, apparel, and accessory sponsor of the 2003 World Championships of Freestyle Wrestling to be held September 12-14, 2003 at one of the world's most famous arenas, Madison Square Garden
West Marine Cuts Forecast on Poor Labor Day Sales
West Marine's CEO said that Labor Day weekend sales were “disappointing” and that WMAR is now running running low single-digit negative comparable store sales month-to-date in September. WMAR now expects Q3 EPS in the 37 cents to 39 cents range on s
ICON Gets Stay of Injunction in Crossbow Dispute
The Nautilus Group, Inc. announced that the United States Court of Appeals for the Federal Circuit granted ICON Health and Fitness, Inc. a Stay of the Preliminary Injunction originally ordered by the Federal District Court for the Western District of Wash
Court Approves Callaway Top-Flite Bid
Callaway Golf Company has prevailed in the auction to purchase substantially all of the assets of the Top-Flite Golf Company. The acquisition was approved by the U.S. Bankruptcy Court in Wilmington, DE on Thursday. The deal is worth $174.4 million in ca
ShopKo August Comps Increase 1.4%
ShopKo Stores, Inc. reported consolidated sales for the four weeks ended August 30, 2003 increased 1.2% to $256.2 million from $253.3 million during the same period last year. Consolidated comparable store sales increased 1.4%…
Goody’s Sees Flat August Comps
Goody's Family Clothing, Inc. reported total sales for the fiscal month of August 2003 (the four weeks ended August 30, 2003) of $87.1 million, an increase of 0.6% from total sales of $86.6 million for the fiscal month of August 2002 (the four weeks
