K2 Inc. is One Acquisition Away from Billionaire’s Club…
K2 Inc. is forecasting fiscal year 2004 sales of approximately $920 million and earnings per share in the range of 92 cents to 94 cents…
Vail Resorts Hit with Record Verdict…
A jury awarded $17.5 million in compensatory damages to Joette Williams and her deceased husband’s family. The couple suffered from carbon monoxide poisoning in August of 2001 at a Jackson Hole, Wyoming resort owned by Vail Resorts. Joette Williams surviv
Vans Looks to Girl’s Biz for Growth…
Vans was bleeding red ink in fiscal Q2 regardless if they include the troubled skatepark business in their GAAP results or when look at their continuing “base business” that excludes the five skateparks that will close this year. The company appeared to
Rossignol Feels the Currency Pains…
Rossignol sales have dropped 11% for the first six months of the 2003-04 season from €224.9 million ($226.1 million) to €199.9 million ($213.9 million)…
Blades Files for Chapter 11 Protection…
Based on court papers obtained by Sports Executive Weekly, it appears that Blades Board and Skate, the 14-store action sports chain based in New Jersey, filed for Chapter 11 bankruptcy protection on December 4 due to an injunctive order obtained just days
Backbone Goes Fly Fishing
Simms retained Backbone Media of Carbondale, Colorado to manage its public relations efforts…
Vans’ Fiscal Q2 Loss Widens 46.4% as Revenues Increase 10.4%
Vans, Inc. saw net sales for the second quarter of fiscal 2004 ended November 29 for the base business increase 10.4% to $63.4 million, compared to $57.4 million for fiscal Q2 2003. Company-owned comp store sales increased 15.2%. The net loss during th
SEC Sues Three Genesco Execs for Fraud; Company Settles
The Securities and Exchange Commission filed suit Tuesday alleging that three Johnston & Murphy division executives, one current and two former employees, fraudulently reported 2001 sales results at year-end. The suit claims that the three, former J&M di
Accell Appoints New COO
Accell Group N.V. is pleased to announce that the Supervisory Board intends to appoint Mr J.M. Snijders Blok as a new member of the Board of Management of Accell Group N.V. in the position of Chief Operating Officer. As C.O.O., he will be the director res
DOT Clears Kris Kringle’s Flight Plan
Kris Kringle, d.b.a. Santa Claus, got the green light today from the U.S. Department of Transportation (DOT) to engage in air travel to various points throughout the United States the night of Dec. 24-25…
180s Moves Headquarters
180s will move into its new international headquarters at the Columbus Center in Baltimore’s Inner Harbor on Monday, December 22, 2003. 180s has outgrown its 10,800 square foot office building in Canton, which it has occupied since July 2000. The company
New Twists in the Bob’s Stores Bankruptcy Case…
TJX saw an opportunity to dump the bad stuff and expand their footprint into a younger mall consumer demographic when they offered to acquire Bob’s Stores. To execute the plan, the two need to pull off a Chapter 11 bankruptcy of Bob’s Stores to jettison t
KSA Taps New Principal for NA Retail Ops Practice
Michael J. Brown has joined global management consulting firm Kurt Salmon Associates as a Principal in its
North American Retail Operations Practice. Mr. Brown began his retail career with Federated Department Stores' A&S division, where he held
Bratton Joins Fila as NSM for Apparel
Bill Bratton has joined Fila USA as National Sales Manager for the Apparel division. He will report to Greg Niel, VP Sales for Apparel. Mr. Bratton was most recently VP Sales Sporting Goods for Danskin. Prior to Danskin, Bratton was an Apparel Sales D
Jon Epstein Pleads Guilty in Just for Feet Fraud Case
The industry has been buzzing ever since new Fila parent, Sport Brands International, made it public last week that CEO Jon Epstein had resigned for “personal reasons”.
The former CEO has agreed to plead guilty in a fraud investigation of the Just For Fee
