Shoe Pavilion Reports Q2 Same Store Sales off 7.6%
Shoe Pavilion announced net sales were $21.2 million for the second quarter ended June 28, 2003, compared to net sales of $22.7 million for the same period in 2002, a 6.9% decrease. Net sales from the Company's retail stores and Gordmans licensed sho
Shoe Carnival Appoints New Board Member
Shoe Carnival announced the appointment of Kent A. Kleeberger to its Board of Directors. He will also serve as a member of the Audit Committee…
Sears Elects Bax To Board
The board of directors of Sears, Roebuck and Co. today announced the election of William L. Bax, 59, former managing partner of PricewaterhouseCooper's Chicago-area practice, to membership on Sears' board of directors. His election increases th
GolfGear Licensing Zevo’s ‘Compressor’ Drivers
GolfGear has granted a non-exclusive, worldwide license to Golfsmith International to sell the remaining stock of metal woods it acquired from Zevo Golf – more specifically the Zevo Compressor drivers – under GolfGear's patents covering its proprieta
REI First To Act After FCC Ruling on Personal Locators
Following the recent FCC ruling approving the sale and use of personal locator beacons (PLBs) in the continental United States beginning July 1, Recreational Equipment, Inc. announced the availability of the new satellite-assisted search and rescue techno
Vancouver Named Host City of the 2010 Olympics
Athletes and spectators from around the world will gather in Vancouver and the alpine resort of Whistler in 2010 to celebrate the Olympic and Paralympic Winter Games…
Costco June Same-Store Sales Up 7.0%
Costco Wholesale Corporation reported net sales of $4.28 billion for the five weeks ended July 6, 2003, an increase of 11% from $3.85 bn in the same five-week period of the prior fiscal year. Comparable store sales rose 7.0% helped by a 12% international
Nike Continues U.S. Slide on Foot Locker Gap…
Nike surpassed many milestones in their fiscal 2003 fourth quarter and year ended May 31, 2003, but Wall Street was looking ahead as the company reviewed their successes over the last year…
Stride Rite Down on Weak Canvas Biz…
The weather-inflicted declines in sandals appear to have hit another key category this spring – canvas. Stride Rite reported fiscal second quarter numbers for its canvas product impacted the sales and profits for the company across all brands, nearly era
adidas Makes Moves in Europe…
adidas-Salomon has signed a far-reaching partnership deal with sporting goods retailing powerhouse Intersport. The specific terms of the four-year agreement with the operator of over 4,500 retail doors were not revealed. Intersport reportedly produced €
…and China…
Since 1979 adidas has been the main sponsor of the Chinese World Cup Football development program, and on June 26th they signed a deal that continued this support until 2010.
While adidas did not release any financial information, they did state that thi
Brunswick Corp. Broadens Base…
The folks at Brunswick Corp. have been busy buying up technology and distribution avenues with the $33 million purchase of a majority stake in New Zealand GPS manufacturer Navman, and the $52 million purchase of Pompano FL based Land ‘n Sea Corp…
REI Move Pulls Web Buyers Into Store…
REI launched its in-store pick-up program last week, enabling customers that order items via the REI Internet properties to pick them up at their local REI store to avoid shipping costs…
Nike Wins the Summer Hoops Trifecta…
Nike Inc. won the trifecta this week, with the addition of Kobe Bryant to its player roster. Nike declined to disclose terms of the deal, but estimates put it at roughly $45 million…
Fila’s Peveto Hits the Ground Running…
In an exclusive interview with SPORTS EXECUTIVE WEEKLY, Fila’s newly appointed SVP of Global Footwear, Mikal Peveto laid out his vision and objectives for the latest incarnation of the brand…
