NRF: Retail still Bullish on Holiday, But September Slowed
The latest findings of the NRF-BTM Executive Opinion Survey (EOS), a monthly index by the National Retail Federation (NRF) and the Bank of Tokyo-Mitsubishi Ltd. (BTM) show just how far the industry has come in the past year since the EOS was launched. Th
Dick’s SG Adds Chief Administrative Officer
William R. Newlin has been elected Executive Vice President and Chief Administrative Officer of Dick's. Newlin, who was most recently Chairman and CEO of Buchanan Ingersoll, one of the nation's premiere law firms, will work with CEO Ed Stack and
Iacon Lanches New Outlet Store Concept
Iacon, Inc., a retail store division of Oakley, Inc., announced that it will be introducing a new retail concept, Sunglass Club, which will focus on high-quality outlet retail opportunities with two stores planned to open in 2004…
Skechers Signs Jeans Licensee
Skechers USA, Inc. has named Federal Jeans, Inc. the licensee for Somethin' Else from Skechers-branded junior sportswear apparel in the United States and Canada. The line will launch in department stores in August 2004…
Stride Rite Q3 Earnings Down on Higher Tax Rate
The Stride Rite Corporation reported net sales for the third quarter of fiscal 2003 were $139.7 million, an increase of 2% from the net sales of $137.0 million in the comparable period of fiscal 2002. Net income for the quarter declined 9.0% to $6.4 mill
RLX Extends Aspen Uniform Deal
Aspen/Snowmass skiers and riders will continue to see a lot of the RLX logo as RLX Ralph Lauren announced that it will be the official uniform supplier to Aspen Skiing Company for another four years. RLX was previously awarded the Aspen/Snowmass uniform
CPSC Hits Brunswick with Million Dollar Bike Fine
The Consumer Product Safety Commission has fined Brunswick Corp. $1 million stemming from allegations that the maker of Mongoose and Roadmaster bicycles didn't report knowledge of 31 serious incidents involving defective forks on the bikes in a timel
RLX Chooses Primaloft For Aspen/Snowmass Uniforms
PrimaLoft Insulation Technology has been chosen as the
insulation of choice for the new Aspen/Snowmass uniform program that was awarded to RLX Ralph Lauren for the next four years…
Timbuk2 Sponsors 2003 Bicycle Messenger Championships
Continuing its faithful support of the bicycle messenger community worldwide, Timbuk2 Designs, Inc. was a proud sponsor of the 11th annual Cycle Messenger World Championships, September 12 -14, in Seattle, WA, and the 6th annual North American Cycle Couri
Karbon Outfits CBS Announcers
IMG, the producers of the sixth annual “Escape from Alcatraz” event chose KARBON to outfit the CBS announcers, Bill Macatee and Dwight Stones…
Unfi Sees More Challenges…
Unifi reaffirmed that it is currently facing a challenging business environment. The Company announced that, as a result of continuing operating pressure from further weakening of its businesses, it expects to incur a net loss in the range of 10 cents per
Aussie Apparel Acquires Bluetorch License
Aussie Apparel Group announced that it has signed a definitive agreement with Irvine, CA based GBI to license the “Bluetorch Brand” for apparel and certain other categories. Aussie Apparel has the option to buy the brand in 2006. Additionally, they have t
Nike Q1 Earnings Jump Despite U.S. Sales Dip…
Nike shares climbed 10.5% last week, setting a new 52-week high at $61.50 at the close on Friday. Shares had opened higher on Friday after rising 4% in after-hours Thursday trading on news that the company had beaten Wall Street fiscal Q1 earnings estima
No Crime, But Plenty of Incompetence Cited in Robinson’s Exit from Footstar…
The polite nod of approval from Nike in their conference call may have given Footstar, Inc. a bit of a bump towards the end of the week, but it wasn’t enough to erase the plunge earlier that saw FTS shares down 20.2% for the week to close at $8.31 Friday.
Euro Retail Places Last at Decathlon…
Decathlon Sports will close 14 of its 18 former MVP Sports in New England by the end of the year. The French parent company, which reported €2.8 billion ($2.7 bn) in worldwide sales in 2002, is expected to keep only the Burlington, Bellingham, Norwood an
