Warnaco Emerges from Chapter 11; Will Trade on NASDAQ
The Warnaco Group, Inc. announced that its Plan of Reorganization became effective Tuesday and the Company has formally emerged from Chapter 11 under the Bankruptcy Code…
Target Corp. Extends Retail License Agreement with Cherokee
Cherokee Inc. announced that Target Corporation has exercised their option to extend their agreement for the Cherokee brand through January 2005…
AAMI Signs Agreement with Nations Best Sports
American Ammunition, Inc. has announced that it has been approved as a vendor for Nations Best Sports assured payment program, which guarantees payment of all its individual members…
Moving Comfort Establishes Grant Program To Promote Women’s Fitness
Moving Comfort, manufacturer of women’s high performance athletic wear, has announced the launch of their Women’s Beginner Fitness Grant program with grants ranging from $300 to $1,000…
SIA: 2003 Show Buying Power Index Increases
The retailer buying power index for the 2003 SIA SnowSports Show rose a little over a percentage point from last year to 86.3%. The index measures how strong the potential buying power is at the show as represented by the retailers in attendance…
OR Show Crash Kills One, Critically Injures Three
The long-awaited wintry blast that swept across the Salt Lake City region on Sunday was a much needed boost for the local ski operators that hoped to salvage a season, but the snow storm that greeted many of us on Sunday morning at the Outdoor Retailer Wi
Rip Curl Founders Leave Posts; New CEO Named
Rip Curl Group has announced that the company founders had left their executive positions and the head of its Australian unit, David Lawn, had been promoted to CEO of the entire group…
Department Stores Reinvent Themselves in Effort to Remain Relevant
Wider aisles, centrally located cash registers, and new brands greet customers of Sears, Roebuck and Co. The Hoffman Estates, Ill.-based merchant is one of many retailers reeling from recession and hoping to turn things around this year…
John Henderson Named President of Sag Harbor
John R. Henderson has been named president of Sag Harbor, a Kellwood Company, according to Marty Brody, chief executive officer of Sag Harbor…
The Ski Market Secures $10 Million Credit Line
LaSalle Retail Finance announced that it has provided a $10 million, three-year, revolving credit facility to The Ski Market Ltd., Inc…
Fisher Named Stein Mart CEO
As expected, Michael D. Fisher began his tenure as chief executive officer of Stein Mart, Inc., replacing the retiring John H. (Jack) Williams, Jr. who served the Company for 23 years. The planned succession was previously announced on June 3, 2002…
Jones and Wills Take Direct Control of Parisian
Retailer Saks Incorporated announced that in addition to his role as President and CEO of Saks Department Store Group, George Jones has assumed operating leadership of Parisian, SDSG's specialty department store division. Kevin Wills has been promot
Wilansky Named CEO at Filene’s Basement
Value City Department Stores announced the appointment of Heywood Wilansky as President and CEO to head Filene's Basement Inc…
Gottschalks Announces 5-Point Plan to Strengthen Financial Structure
Gottschalks Inc. announced a 5-Point Strategic and Financial Positioning Plan designed to strengthen the Company's financial structure and position the West Coast department store retailer for stable long-term growth…
O’Neill Makes Splash into Surfing Industry
O'Neill Clothing's decision to sponsor the U.S. Open of Surfing in Huntington Beach is a signal that the company plans to compete more fiercely with industry titans such as Quiksilver and Billabong, executives said…