Cherokee Fiscal ’03 Profits Rise 7.4% on 8.0% Sales Gain
Cherokee Inc. reported net revenues for the fourth quarter of fiscal 2003 rose 12.3% to $7.1 million, compared to revenues of $6.3 million in the fourth quarter of fiscal 2002. For the full year ended February 1, 2003, net revenues rose 8.0% to $33.1 mil
Ahead Adds Tempesta to Midwest Rep Slot
Ahead® has hired Tony Tempesta as sales executive for the Kansas and Missouri territory. Tempesta becomes the newest addition to an Ahead sales team whose growth has been prompted by continued expansion of its lines…
NRF Expects Drop in Growth for 2003 Due to War
Retail sales will increase this year at a slower pace than expected as consumers cut back on spending because of the war in Iraq. The National Retail Federation said Tuesday sales will grow 3.8% — a drop from the 5.6 percent the District trade group es
Nautica Signs Women’s Swimwear License Deal with Warnaco
Nautica Enterprises, Inc. announced that it has signed a multi year license agreement with The Warnaco Group, Inc. to manufacture, distribute and market the Company's existing Nautica Women's Collection Swimsuits, Collection Separates Swimsuits
Columbia Completes Acquisition of Mountain Hardwear
Outdoor apparel and footwear leader Columbia Sportswear Company announced that it has completed its previously announced acquisition of Mountain Hardwear, Inc. A wholly owned subsidiary of Columbia Sportswear merged with and into Mountain Hardwear effect
Skechers Signs Men’s Apparel License Deal
Skechers USA, Inc. announced that Garson International has been named the licensee for Skechers men's outerwear in the United States. Under the licensing agreement, Garson International will design, distribute and market Skechers Collection men'
REDA Reports 76% Growth in Fiscal 2002
Privately-owned REDA Sports Corporation announced 7.8% comp year-over-year growth and explosive 76.3% year-over-year growth in FY2002, attributed mainly to the robust sales of Kappa USA, the company’s linchpin proprietary soccer brand…
The North Face Opens First NYC Store
The North Face opened its first New York City store last week. Located at 2101 Broadway at 73rd Street, in the heart of Manhattan's Upper West Side, the new store elaborates on The North Face®'s new retail concept designed to personify the bran
The NHL and The Hockey Company Forge Marketing Alliance
The National Hockey League and The Hockey Company have reached an agreement to form a long-term worldwide exclusive licensing and marketing partnership. Under the new agreement, The Hockey Company will have the exclusive rights to supply and market all C
Rodale Sees Turnaround, But Changes Leave Scars
Rodale Inc. said its Men's Health magazine surged in advertising revenue and circulation, reversing recent declines. Runner's World had the highest ad revenue in its history and Scuba Diving put its competition, Skin Diver, out of business.
Nike Golf Appoints U.S. General Manager
Nike Golf announced the appointment of David Pillsbury to U.S. General Manager, effective immediately, according to company president Bob Wood. Pillsbury joins Nike Golf after 14 years with the American Golf Corporation, most recently serving as Presiden
Ashworth and Callaway Profit from Apparel Deal
Ashworth Inc. and Callaway Golf Co. top players in the beleaguered golfing industry, where significant growth has been hard to come by. So, searching for sales in a shrinking market, two years ago they joined forces, inking a licensing agreement that a
Debate Erupts over Nike Free-Speech Case
Bickering has broken out in the U.S. Congress over a free-speech case Nike has appealed to the nation's highest court. Oregon's five U.S. House representatives signed a letter last week urging their colleagues to dismiss a petition circulated
Nordstrom Expects Lower First Quarter Earnings
Nordstrom, Inc. announced that based on quarter-to-date sales, first quarter 2003 earnings per share are expected to be below the previously guided range of $0.23 to $0.27 per share, which compares to $0.22 per share for the same period in the prior year.
Tag-It Pacific Posts 2002 Profit on 38% Sales Gain
Tag-It Pacific, Inc. reported that for the fiscal year ended December 31, 2002, net sales increased approximately $16.5 million, or 38%, to $60.1 million, compared to $43.6 million for fiscal 2001. Earnings per share reached 14 cents per share for the ye
