Wellspring Capital Acquires Edwin Watts Golf
Edwin Watts Golf, a leading retailer of golf equipment, apparel and accessories, announced today it has entered into a partnership with Wellspring Capital Management LLC, a New York-based private equity investment firm.
Brown Shoe Company Closes Ontario Manufacturing Facility
Brown Shoe Company announced plans to close its Perth, Ontario, manufacturing facility by early March 2004 in an effort to reduce costs and focus its Canadian operation on building market share for its Naturalizer brand.
Brown Shoe Loses Colorado Environmental Impact Suit
A Colorado State Court jury in Denver found a subsidiary of Brown Shoe Company partially responsible for alleged environmental impacts on a neighborhood near a former Brown plant…
Joy Athletic’s Barnhill Indicted for Fraud
Jeffrey Barnhill, the former president and director of the now-bankrupt Joy Athletic apparel company, has been indicted for fraud. Barnhill and other defendants allegedly falsified financial statements, created false invoices and checks, used nonexistant
adidas Sees Shift in Legal Department, Executive Board
Manfred Ihle, member of the adidas-Salomon Executive Board, responsible for legal and environmental affairs, will leave the Executive Board of adidas-Salomon AG effective June 30th, 2004 to commence retirement. From July 1st, 2004 the Global Legal Departm
WWW Taps Nonbox for CAT Footwear Advertising
Nonbox, Inc. has been named agency of record for CAT Footwear, a subsidiary of Wolverine World Wide, Inc. Nonbox will handle the all advertising duties for the global footwear company.
Kitt Joins Team Atomic
Atomic Ski announced the addition of AJ Kitt to its
talented roster of on-hill ambassadors. Currently Jeep King of the Mountain NASTAR Official Pacesetter, Kitt will ski on Atomic skis, boots, and bindings throughout the upcoming season.
OR Show Seminars Designed to Help Retailers
With the Outdoor Retailer Winter Market quickly approaching (January 30 – February 2), show attendees are starting to fill up their calendars with appointments, meetings, parties, lunches, dinners and let’s not forget seminars. Outdoor Retailer Winter Mar
Gildan Fiscal Q4 Earnings Up 1.0% on 5.7% Sales Decline
Gildan Activewear Inc. reported net earnings of $19.8 million, or C$0.66 per diluted share, in the fourth fiscal quarter ended October 5, 2003, compared with C$19.6 million or C$0.66 per diluted share in Q4 2002. Sales in the quarter were C$150.8 million
Gildan Plans New Offshore Integrated Manufacturing Hub
Gildan Activewear Inc. has announced that it has purchased an 18 million square foot tract of land in the Dominican Republic and that it plans to construct a state-of-the-art knitting, bleaching and cutting facility on this site. The
land purchased by Gil
The Buckle Sees November Comps Increase 5.4%
The Buckle, Inc. announced that sales for the four-week period ended November 29, 2003 increased 10.1% to $38.5 million from sales of $35.0 million in the corresponding four-week period ended November 30, 2002. Comparable store sales increased 5.4% for t
Shoe Carnival November Comps Fall 7.8%; Warns on Q4
Shoe Carnival, Inc. reported sales for the four-week period ended November 29, 2003 increased 2.3% to $43.4 million from sales of $42.4 million for the four-week period ended November 30, 2002. Comparable store sales decreased 7.8% for the month. the com
Pacific Sunwear November Comps Jump 11.7%
Pacific Sunwear of California Inc. reported that total sales for the four weeks of November of fiscal 2003 were $84.3 million, an increase of 22.4% over total sales of $68.9 million for the four weeks of November of fiscal 2002. Company same-store sales
Costco November Comps Jump 14% on Strong International Business
Costco reported net sales of $3.79 billion for the four weeks ended November 30, 2003, an increase of 17 percent
from $3.23 billion in the same four-week period of the prior fiscal year. Comparable Store sales were up company-wide 14% on 29% international
November Comps At Shopko Saved By Pamida
ShopKo Stores reported consolidated sales for the four weeks ended November 29, 2003 decreased 0.5 percent to $286.8 million from $288.4 million during the same period last year. Consolidated comparable store sales
decreased 0.4 percent…
