Reebok Goes “DOH” in Classic Campaign…
Just when you think the brand finally has its message right. Right when retailers are starting to feel like the brand might mean something again to the trend-setting urban male. Someone comes up with a campaign that makes even the most loyal Reebok supp
Shoe Carnival Q1 Profits Dip 10% on 5.8% Sales Increase
Shoe Carnival, Inc. announced net earnings for the first quarter ended May 3, 2003 decreased 10% to $5.1 million as compared with net earnings of $5.7 million in the first quarter ended May 4, 2002. Diluted earnings per share decreased 11% to $.39 per sha
Varsity Brands Narrows Q1 Loss on 26.7% Sales Increase
Varsity Brands, Inc. announced that revenues for the first quarter of 2003 increased to $23.7 million, or 26.7%, from $18.7 million in revenues for the first quarter of 2002. The Company reported a net loss of $2.6 million, or ($0.28) per share, for the f
Everlast Q1 Profits Fall 96% as Sales Slide 21.5%
Everlast Worldwide Inc. reported net sales for its first quarter ended March 31, 2003 were $12,355,283 as compared to $15,734,596 reported in 2002. Net income available to common stockholders (after giving effect to the redeemable preferred stock dividen
Warnaco Almost Triples Q1 Pro Forma Net Income
The Warnaco Group, Inc. net revenues for the two-month period since it emerged from bankruptcy totaled $326.3 million and net income totaled $22.6 million and earnings per share totaled $0.50. Warnaco emerged from bankruptcy on February 4, 2003, and the
Kohl’s Q1 Net Income Up 4.1% on 13.2% Sales Increase
Kohl's Corporation reported net sales for the first quarter were $2.1 billion, an increase of 13.2% over the same period a year ago. Net income for the quarter was $111 million, a 4.1% increase over the $107 million reported for the same quarter a ye
Oldham Promoted to RSM for Wilson Golf
Joe Oldham, formerly Territory Manager for Wilson Golf, has been promoted to the position of Western Regional Sales Manager, Wilson Golf & Racquet Sports. Oldham will focus specifically on golf accounts. In his new position, he will direct a staff of 1
Amerex Taps Rubenstein Associates as PR Firm
Amerex Group, Inc. President & CEO Glenn S. Palmer has announced the hiring of Rubenstein Associates, Inc. as Amerex's public relations agency.
New Balance to Sponsor Major League Lacrosse
New Balance Athletic Shoe, Inc. announced that it will sponsor Major League Lacrosse, the premiere professional outdoor lacrosse league. The league launches its third season this year…
Cybex Posts Q1 Loss on 9.0% Sales Increase
Cybex International, Inc. reported net sales for the quarter ended March 29, 2003 were $20,608,000, representing an increase of 9% compared to net sales for the first quarter of 2002 of $18,913,000. The net loss for the quarter was $1,787,000, or $0.20 p
Nordstrom April Comps Off 0.3%; Q1 GM Shrinks
Nordstrom, Inc. reported preliminary sales of $439.7 million for the four-week period ending May 3, 2003, an increase of 5.2% compared to sales of $417.8 million for the four-week period ending May 4, 2002. Same-store sales decreased 0.3% for the month of
Shopko April Comps Increase 3.5%
ShopKo Stores, Inc., reported consolidated sales for the four weeks ended May 3, 2003 were $224.2 million, 3.3% above the $217.0 million reported for the same period last year. Consolidated comparable store sales increased 3.5%…
Costco April Same-Store Sales Up 6.0%
Costco Wholesale Corporation reported net sales of $3.14 billion for the four weeks ended May 4, 2003, an increase of 10 percent from $2.84 billion in the same four-week period of the prior fiscal year…
adidas Sued by Veggie Group for Roo Shoes
Vegetarians International Voice for Animals filed a lawsuit Wednesday against adidas using a California law intended to protect endangered species. adidas is countering the charge by pointing out that while the company makes shoes using kangaroo leather,
Urban Outfitters Q1 Comps Up 2.0%
Urban Outfitters, Inc. announced total Company comparable store sales for the quarter ended April 30, 2003 rose 2% on top of an 18% increase in last year's first quarter. “Comp” store sales at Urban Outfitters gained 5% versus an increase of 12% last
