REI’s Madsen Elected to Alaska Air Baord
Alaska Air Group, Inc. announced the election of Dennis Madsen, president and chief executive officer of Recreational Equipment, Inc., to the company's board of directors. Seattle-based Alaska Air Group is the parent company of Alaska Airlines and H
Columbia Signs Home Furnishings Licensee
Columbia Sportswear Company announced that is has signed a license agreement with PEM America for the design, manufacture and marketing of a new Home Furnishing collection — bed pillows, comforters, throws, mattress pads, blankets and bath accessories. T
Phoenix Taps Konecki for Trask Brand Chief
Phoenix Footwear Group, Inc. announced the appointment of Tom Konecki to Vice President and Brand Manager of the Company's H.S. Trask and Ducks Unlimited footwear brands. Prior to joining Phoenix Footwear, he was Executive Vice President at Born, whe
Nordstrom Q3 Earnings Jump 147% on 5.0% Comp Gain
Nordstrom, Inc. reported net earnings increased 147% to $45.5 million, or 33 cents per diluted share, for the third quarter of 2003 ended November 1, 2003, compared to net earnings of $18.4 million, or 14 cents per diluted share, for the year-ago period.
Next, Inc. Addresses of Securities Fraud Charges
Responding to questions about potential federal securities fraud charges against its CEO, Next, Inc. issued a release Thursday that no one associated with the alleged charges had been served with an “official copy of the complaint”. The company was react
Dillard’s Triples Q3 Loss on Declining Sales
Dillard's, Inc. announced the net loss for the 13 weeks ended November 1, 2003 was $15.8 million, 19 cents per diluted share, compared to a net loss of $5.1 million, or 6 cents per diluted share for the year-ago period. Sales for the quarter slipped
Mossimo Reportedly Cuts Design Staff
Media sources are reporting that Mossimo Inc. laid off four of its clothing design staff Thursday, according reports from the company's Canadian retail partner. The affected staff is reportedly is comprised of “most of the team in charge of designin
Goody’s Swings to Q3 Profit on 4.7% Sales Gain
Goody's Family Clothing, Inc. reported net earnings of $1.7 million, or $0.05 per diluted share, for the 13 weeks ended November 1, 2003; compared with a net loss of $3.1 million, or ($0.10) per share, for the year-ago period. Total sales for Q3 inc
Reda Sports Shuts Down with No Explanantion…
Reda Sports Inc. shuttered its doors on Friday with no explanation and is revealing little about the future of the sporting goods distributorship or its Kappa, Patrick, uhlsport, and Lanzera brands. In a conversation with a local newspaper, CEO Scott Red
Shoe Carnival Q3 Earnings Increase 11% on Similar Sales Increase
Shoe Carnival,Inc. announced net earnings in the third quarter of fiscal 2003 increased 11% to $5.5 million, or 42 cents per diluted share, compared with $4.96 million, or 38 cents per diluted share, in the year-ago quarter. As previously reported, net s
Dick’s Sporting Goods Q3 Net Income up 68% on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported net income for the third quarter ended November 1, 2003 increased 68% to
$4.7 million and EPS increased 29% to $0.18 per diluted share as compared to net income of $2.8 million and earnings per share of $0.14 per
Skecher Signs Swimwear Licensee
Skechers USA, Inc. announced that Christina America, Inc. has been named the licensee for Skechers-branded women's and junior swimwear in the United States and select international markets including Canada and the United Kingdom…
Marc Frank Montoya signs with Sims for another 2 years:
Sims snowboards is pleased to announce that Marc Frank Montoya has signed with Sims for another 2 years. “MFM is one of the most explosive riders out there and it was a no brainer, we gave him whatever he wanted” says Travis Wood, Director of Marketing fo
Lands End Hires McCreight As SVP Core Merchandising
Lands' End, Inc., has named David McCreight, a nationally regarded merchandising and retailing executive at Disney Stores Worldwide, to senior vice president of core merchandising, Lands' End. McCreight will join Lands' End on Dec. 1, and w
Burlington CEO Speaks Out On China Safeguards
Wilbur L. Ross, Chairman of Burlington Industries said, “We are delighted with the Administration's decision regarding the China safeguards. The textile and apparel industries have been hurt severely by inappropriate behavior on the part of China and