Dillard’s Posts $50mm Q2 Loss on 5% Comp Store Decline
Dillard's, Inc. reported sales for the 13 weeks ended August 2, 2003 dipped 5.0% to $1.7 billion, compared to sales of $1.8 billion in Q2 2002. Sales in comparable stores for the 13-week period decreased 5%. Net loss for the qurater was $50.4 milli
Shoe Carnival Q2 Net Income Falls 57% on 3.0% Comp Store Decline
Shoe Carnival, Inc. announced net income for the second quarter of fiscal 2003 was $1.5 million, or $0.12 per diluted share, compared with net income of $3.6 million, or $0.27 per diluted share, in the second quarter of fiscal 2002. Net sales increased 7
Anti-Trust Waiting Period Ends for VF-Nautica Merger
VF Corporation announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, with respect to the previously announced merger between Nautica Enterprises, Inc. and a wholly-owned subsidiary of VF expired at 1
Hibbett Q2 Earnings Jump 22% on Comp Store Uptick
Hibbett Sporting Goods, Inc. reported that net sales for its fuscal second quarter increased 8.8% to $71.7 million compared with $65.9 million for the year-ago period. Comparable store sales increased 1.1%. Net income for the second fiscal quarter increa
Famous Footwear Q2 Operating Earnings Almost Double; Brown Earnings Up 61%
Brown Shoe Company, Inc. reported net earnings increased 61.2% to $11.6 million for the second fiscal quarter, compared to year-ago earnings of $7.2 million. Diluted EPS were up 55.0% to $0.62. Consolidated net sales for Q2 inched up 0.5% to $458.4 mill
Nike Moves Caramelo Anthony to Jordan Brand
Jordan, a division of Nike, Inc., announced the addition of Carmelo Anthony to Team Jordan. The newly minted Nugget signed with Nike in June 2003 and will now be a part of the Jordan family, donning the Jumpman logo and joining other elite professional a
Woolrich Taps Rinder for VP Sales Slot
Roswell Brayton, President and CEO of Woolrich, Inc., announced the appointment of Jerry Rinder as vice president sales and domestic licensing. He will report directly to Brayton. Rinder comes to Woolrich after serving as vice president and general mana
Black Diamond Wins Moving Mountains Award
Black Diamond has been recognized as the 2003 Moving Mountain Industry Award Winner. Well-known within the outdoor not-for-profit community, Black Diamond received the award at the Outdoor Retailer Summer Market in Salt Lake City, Utah on Friday, August 1
Wacoal Appoints New Western Sales Director
The Wacoal Sports Science Corp. has appointed Oleg Shikverg, 32, Western Sales Director. Shikverg will expand CW-X's distribution, consumer brand awareness, and overall business in the western part of the U.S…
SGMA: Athletic Footwear Market Flat During First Six Months of ’03
SGMA is reporting that consumer spending for athletic shoes during the first half of 2003 was substantially the same as during the same period in 2002, according to research by The NPD Group. The number of pairs purchased also remained approximately the
OIA Installs New Board Members and Officers
The Outdor Industry Association announced that the new executive committee will be led by Lee Fromson, CEO of Cascade Designs, who succeeds Steve Barker as Chairperson. The officer slate is comprised of: Mike Wallenfels, vice-president of sales and market
Brunswick Appoints Reich as Europe Head; Leemputte to CFO
Brunswick Corporation announced that Victoria J. Reich has been elected president of Brunswick Europe, a new operating unit. She most recently was senior vice president and chief financial officer for Brunswick. Peter G. Leemputte, the company's vi
Golfgear International Names Pierandozzi President and COO
John Pierandozzi has been named president, chief operating officer and a director of GolfGear International, Inc. He succeeds Michael Piraino, who resigned in June. Through April 2002, Pierandozzi was president and chief executive officer of Carbite Golf
Prince Sports Opens New RandD Facility
Prince Sports has has opened a state-of-the-art research and development facility in Trevignano, Italy. Created to form a centralized research and development hub, the new facility will serve as a fully integrated part of the business process and will foc
Johnston Joins Canari Cyclewear
Canari Cycle Wear announced the appointment of James S. Johnston as General Manager of Canari. Johnston, a 28-year veteran of the performance sports apparel industry, will take up this newly created position at Canari's headquarters in Vista, CA…
