Genesco Adds Nike to Mall Mix…
Genesco is tapping into the renewed focus on athletic in the mall, deciding to add Nike to their broad breadth of footwear suppliers at Journeys and Underground Station. The company said it will add Nike to a “majority” of Underground Station stores and
Exclusive Product Will Make the Difference at Famous Footwear…
Brown Shoe Company management made the declaration last week in a call with analysts that “Famous Footwear is no longer a low-priced footwear chain”, stating that the chain offers top brands at exceptional value…
Carnival Held Back by Boot Weakness…
Although Shoe Carnival didn’t meet analysts’ (or its own) expectations for comp store sales for the third quarter, the retailer controlled expenses and saw improvement in gross margin through better inventory management to deliver results in line with the
Spalding to Provide Arena Football League Balls
Spalding, a division of Russell Corporation, and the Arena Football League (AFL) announced an agreement that will make Spalding the exclusive provider of the AFL's official game ball, beginning with the 2004 season which kicks off in February. Finan
Sport Chalet Opens First NorCal Store
Sport Chalet, Inc. is celebrating the grand opening of its new 42,500 sq. ft. store, including an on-site pool, at the Slatten Ranch shopping center, in the city of Antioch, California. This is the company's 30th location and its first in Northern Ca
Tyler Hamilton Launches Charitable Foundation
Tyler Hamilton will launch a charitable foundation in January, 2004. The Tyler Hamilton Foundation's mission is to provide opportunity and access for individuals affected by multiple sclerosis and aspiring young athletes with a passion for cycling. T
Sporting Goods Push Total Online Sales Higher
Signs of an improving economy and increased consumer spending on nontraditional online product categories like apparel, home decor, and sporting goods have catapulted 2003 U.S. online sales. According to Forrester Research, Inc., U.S. online sales for 20
Nike Increases Quarterly Dividend 43%
The Board of Directors of NIKE, Inc. has declared a quarterly cash dividend of 20 cents per share on the Company's outstanding Class A and Class B Common Stock, which represnts a 43% increase over the previous quarterly rate of 14 cents per share…
SnowSports Industry Conference Launched
SnowSports Industries America (SIA), TransWorld Snowboarding and Mountain Sports Media are joining forces to produce The Snow Industry Summit, a high level business conference that will address global issues affecting all aspects of the snow sports indust
SBI Appoints VP, Finance Special Projects
Sport Brands International has named Jeffrey Howald as Vice President, Finance Special Projects. Howald assumes global responsibility for coordinating and implementing development projects across the business with a specific focus on special projects. He
Russell Ups Fiscal 2004 Full Year Guidance
Russell Corporation has raised its guidance for fiscal 2004 net income to $1.40 to $1.60 per share given the recent change in cotton prices and projected cost savings from its Operational Improvement Program. Previously, the Company had indicated that it
Fourth Quarter Net Income Up at Stage Stores On Lower Sales
Stage Stores, Inc. net income for Q3 ended November 1, 2003 was $12.9 million, or $0.63 per diluted share, compared to $10.2 million, or $0.50 per diluted share, for the prior year Q3. Total sales for the 13-week period decreased 3.2% to $197.9 million fr
Genesco Sees Q3 Earnings Decline 6.9% as Station Sales Decline
Genesco Inc. reported net earnings of $9.4 million, or $0.42 per diluted share, for the third quarter, compared with net earnings of $10.1 million, or $0.41 per diluted share, for Q3 last year. Net sales were off 0.3% to $212.5 million compared to $213.2
Crossover King Sues Nike, AND1, and Reebok
The owners of SB Designs, a small Chicago-based apparel company, have sued basketball apparel power-players Nike, Reebok, AND1 and several other companies for infringing its trademarks.
The Hockey Company Acquires German Distributor
The Hockey Company Holdings announced the proposed acquisition of Norbert Ewald GmbH (Ewald Sport Service), a leading hockey equipment distributor in Germany, in order to better service the Central European market…
