Vail Resorts Makes Senior Appointments
Vail Resorts, Inc. has announced two senior officer appointments, effective immediately. Jeffrey W. Jones, currently SVP/CFO of Vail Resorts Development Company, will become SVP/CFO of Vail Resorts, Inc. James P. Donohue, currently SVP/CFO of Vail Resor
Fila Promotes Lieberman to SVP Global Apparel
Sport Brands International has named Fila USA's current VP Apparel, Danny Lieberman as Senior Vice President Global Apparel for the brand. In his new role, Mr. Lieberman will supervise and coordinate Fila's global apparel design, development, p
Reebok Inks Alliance Deal with American Heart Association
Reebok International Ltd. has announced plans for a multi-faceted alliance with the American Heart Association (AHA) to increase public awareness and raise funds to fight heart disease, the #1 cause of death in America. With the help of the AHA, Reebok w
Saks Fifth Avenue Taps High Profile CEO
Retailer Saks Incorporated announced that Fred Wilson has been named President and Chief Executive Officer of Saks Fifth Avenue Enterprises. He will assume his duties at SFAE by January 1, 2004. Wilson, who is currently Chairman, President, and Chief Ex
Ross Stores Sees Q3 Net Income, Sales Grow 12%
Ross Stores, Inc. reported 2003 third quarter net earnings grew 12% to $50.5 million, or 65 cents per share, from $45.1 million, or 57 cents per share, in the year-ago period. Third quarter sales in 2003 grew 12% to $977 million from $870 million in Q3
Sake Inc. Q3 Earnings Jump on Extraordinary Charges
Saks Incorporated recorded net income of $12.4 million, or $.09 per share, for the third quarter ended November 1, 2003, compared to net income of $1.9 million, or $.01 per share, last year. For the third quarter, total sales grew 4.3%, and comparable st
NRF: Retail Sales Reinforce Holiday Forecast
Retail sales are continuing to gain momentum in time for the busiest shopping season of the year. According to the National Retail Federation, October retail sales in the GAFS category (general merchandise stores, clothing and clothing accessories stores,
Airwalk Foreclosure Plan Stymied at 11th Hour…
Airwalk International’s parent company, Sunrise Capital Partners, almost made it to the finish line in their bid to buy the troubled company out of foreclosure on Friday, but they were stymied at the eleventh hour by a group of Asian factories and an agen
Pacific Sunwear Sees the Fleecing of America’s Teen Consumer…
The warmer weather in late October may have put a damper on some hot “cool weather” categories for Pacific Sunwear’s two retail concepts, but November is starting to shape up again, with the fleece category driving increases at both PacSun and d.e.m.o. N
Head Sees Winter Sports and Positive Exchange Rates Fuel Q3 Gains…
Head N.V. was able to use its reporting structure in U.S. dollars to its advantage once again in the third quarter, but company management indicated that the benefit had declined a bit since the first half of the year. The company reports in U.S. currenc
Sport Supply Sees Fiscal Q2 Loss; Exits Most Team Dealer Operations…
Sport Supply Group has now either sold or discontinued operations in all of its team dealers with the exception of its operation based in Dallas, TX…
Margins Help Adams Golf Pare Q3 Loss…
The combination of rising sales and improved efficiencies had an obvious impact on the bottom line at Adams Golf, with the company posting a narrowing its Q3 loss to $343,000 from a loss of $4.3 million in the year-ago period. Total net sales increased 3
Lower GM Hurts Golfsmith Q3 Profits…
Golfsmith International saw net income for the third quarter fall 70.6% to $1.1 million from $3.4 million in the year-ago period. Net income from U.S. operations contributed 85.3% of total earnings, while Canada operations contributed 10.4% and Europe pro
Warnaco Looks for More from Speedo…
Speedo parent Warnaco said that the company’s swimwear group always runs losses in the third quarter since the company sees just 10% of its total year revenues for the division in Q3. But the operating loss widened for the period to $8.6 million from $3.
Can Everlast Expect to Ride Bling Bling to Better Results?
Everlast Worldwide is putting its name on everything these days — with a new jewelry line and a new fragrance the latest additions — in an attempt to bolster licensing revenues even as product sales continue to fall. Third quarter net sales for the com
