Johnson Steps Down from Saks 5th Avenue Position
Saks Incorporated announced that Christina Johnson has resigned as President and Chief Executive Officer of Saks Fifth Avenue Enterprises (SFAE) to devote more time to family matters. Johnson's successor has been selected and will be announced in Dec
Bell Takes Over For Dagger In The Canoe Business
Dagger kayaks, a division of WaterMark, announced it is
leaving the canoe business to focus solely on kayak production. The decision is effective immediately. Bell Canoe Works, of Zimmerman MN, struck a two-part deal with WaterMark that will help fill the
K-Swiss Has Another Classic Quarter; Profits Up 85%
K-Swiss saw total worldwide revenues for the third quarter increase 49.0% to $121.6 million compared with $81.6 million in the prior-year period. Domestic revenues increased 52.6% to $105.5 million and international revenues increased 29.1% to $16.1 milli
Deckers Swings to Q3 Profit on 40% Sales Gain
Deckers Outdoor Corporation reported net sales for the third quarter increased 40.4% to a record $24.9 million compared to $17.7 million in the same period last year. Net earnings for the quarter were $481,000, or $0.04 per diluted share, compared to a ne
OR Named One of The Fastest Growing Tradeshows
Outdoor Retailer has been named by Tradeshow Week (TSW) as one of the 50 fastest growing tradeshows in North America in recognition of its net square footage growth from 2000-2002…
Oakley Q3 Net Income Up 10.3% on 9.9% Sales Gain
Oakley, Inc. announced net sales for the quarter increased 9.9% to a third quarter record $145.0 million, compared with last year's third quarter net sales of $131.9 million. Net income for the third quarter totaled $13.5 million, or $0.20 per dilute
SBI Appoints VP Global Tax and Corporate Finance
Sport Brands International, which recently purchased Fila and all its subsidiaries worldwide, has named Christopher Blumhard as Vice President Global Tax & Corporate Finance for the company. In his new role, Mr. Blumhard will be responsible for the compan
Burlington Creditors Approve Restructuring Plan; Senior Management Ousted
WL Ross & Co. LLC announced that creditors had voted overwhelmingly in favor of its purchase of Burlington Industries upon its reemergence from Chapter 11 reorganization now targeted for November 10, subject to prior Bankruptcy Court approval and named a
Trango Triples Sales Force
The number of reps for Great Trango Holdings brands has nearly tripled since June 1 as the company closes in on its goal to add more man and woman-power to its sales efforts…
TJX to Buy Bob’s Stores Out of Bankruptcy
The TJX Companies, Inc. announced that it signed an agreement to purchase substantially all of the assets of Bob's Stores. Bob's Stores and its subsidiaries have filed voluntary petitions under Chapter 11 of the U.S. Bankruptcy Code. TJX expect
Rawlings Saves K2, Inc from Q3 Sales Decline
K2 Inc. reported net sales for the third quarter ended September 30, 2003 increased 12.1% to $168.0 million from $149.8 million in the 2002 third quarter. Rawlings generated net sales of $20.2 million in Q3 that were not part of the numbers last year. T
Brass Eagle Merges Into K2, Inc.
K2 Inc. and Brass Eagle Inc. jointly announced the signing of a definitive merger agreement in which Brass Eagle would become a wholly-owned subsidiary of K2. In the transaction, each outstanding share of Brass Eagle common stock will be exchanged for 0.6
Unifi Posts Fiscal Q1 Loss on 18.6% Sales Decline
Unifi, Inc. announced a net loss of $4.6 million or 9 cents per share for the fiscal first quarter ended September 28, 2003, which compares to net income of $4.3 million or 8 cents per share for the prior year September quarter. Net sales for the Septemb
Smith Optics Seeks Help on Goggle Round Up
Smith Sport Optics Inc. has reported that the 24,000 goggles stolen from a customs depot on the Canadian border
three years ago have finally resurfaced. Smith has been attempting to purchase the goggles from closeout distributors to get them off the mark
Search Is On For New Co-Sponsor of SoBe/Cannondale Team
Team director Matt Jewett is confident he'll be able to land a new sponsor for the SoBe/Cannondale mountain bike squad, following SoBe's decision earlier this week to not renew its sponsorship of the pro-am team for 2004. Started in 1999, the t
