Outdoor Industry Association Ready to Go to Work with Governor Walker
Outdoor Industry Association has commended Governor Leavitt and the State of Utah for using its influence to protect the recreational and wilderness qualities of Utah's wild lands and for signing an executive order that creates an Outdoor Recreation
Grivel NA Bring In Mark Wilford As Midwest Rep
Grivel North America has hired Mark Wilford as the sales representative for the Midwest territory. As a climbing and outdoor industry veteran, Wilford has a proven sales record in the Midwest, with a territory encompassing 14 states outside of his native
Timberland Announces Stock Repurchase Authorization
The Timberland Company today announced that its Board of Directors has authorized the repurchase of up to an additional four million shares of the Company's Class A Common Stock. This additional program supplements the Company's current four mil
WL Ross Completes Burlington Acquisition
WL Ross & Co. has completed the purchase of Burlington Industries previously approved by U.S. Bankruptcy Judge Newsome, and the simultaneous sale of Lees Carpets to Mohawk Industries, Inc. CIT Business Credit, Inc. has provided the new company with an $85
TJX Q3 Sales Up 11% – Comps Up 3%
The TJX Companies announced sales and earnings results for the Q3 ended October 25, 2003. Net sales for the third quarter were $3.4 billion, an 11% increase over last year, with consolidated comparable store sales up 3%. Net income was $183 million and di
J. C. Penney Q3 Income Down On 1.7% Comp Store Gain
J. C. Penney Company third quarter income from continuing operations of $0.27 per share compared with $0.30 per share in last year's quarter. Earnings were in line with management's recent guidance.
May Department Stores Q3 EPS Up on Decreased Sales
The May Department Stores results for the third quarter of fiscal 2003 earnings per share were 15 cents, compared with earnings per share of 5 cents in the similar period a year ago. Net earnings were $47 million, compared with net earnings of $16 millio
Schoeller Opens New Korean Office
Schoeller Switzerland is opening a new office in Korea at a ceremony on October 10 in the Grand Hyatt Hotel in Seoul. In an effort to increase the company’s support to the very important and fast growing Korean market, this new facility will serve as a ma
Amerex Brings in a Trio of New Faces
Amerex Group has appointed Adam Berkman, chief financial officer. Mr. Berkman joins Amerex Group from Accruent Inc., a contract management software company that he co-founded, that counts over 100 of the Fortune 1000 companies as clients. He will report
Gildan Moves into Russell’s Backyard with GA Plant Purchase
Gildan Activewear Inc. has formed a 50%/50% owned joint venture company with Frontier Spinning Mills, Inc., and that the new joint venture company had acquired all of the assets of an existing yarn-spinning facility located in Cedartown, Georgia…
Sports Supply Swings to Q3 Loss on Team Dealer Closures
Sport Supply Group, Inc. reported that net sales for the third quarter ended September 26, 2003 inched up 1.4% to $25.9 million from $25.5 million in the year-ago period. During the quarter, SSPY began closing certain of its team dealer operations — inc
Footstar Board: Robinson Terminated for Cause
It turns out that some message boards actually get it right sometimes as Footstar, Inc. announced that the Company's Board of Directors has determined that Mr. Mickey Robinson, the Company's former CEO, was terminated for cause. The Board'
True Temper Ride Steel Shafts to 53% Q3 Profit Gain
True Temper Sports, Inc. announced net sales for the third quarter increased 12.1% to $24.7 million from $22.0 million during the third quarter of 2002. Net income for the quarter increased to $2.3 million from $1.5 million in the third quarter of 2002…
Texas Pacific to Acquire Sneaker Outsole Supplier
Texas Pacific Group will acquire the KRATON Polymers Group of Companies from Ripplewood Holdings LLC and other i a deal valued at $770 million. KRATON is the world's largest producer of styrenic block copolymers, a family of products used in adhesiv
Antigua YTD Falls 39% on 3.3% Sales Decline
Antigua Enterprises Inc. reported that net sales for the nine months ended Sept. 30, 2003 declined 3.3% to $29.7 million compared to $30.7 million in 2002. Net income declined 38.7% to $674,228 compared to $1,098,992 in 2002…
