SGMA: U.S. Sporting Goods Exports Reverse Course
According to SGMA International the dollar value growth rate of U.S. exports of sporting goods declined by 7.1% in 2002, reversing a recent period of growth…
Brown Shoe Canada Names Gilbertson President
Brown Shoe Company, Inc. announced the promotion of Kenneth W. Gilbertson to President of Brown Shoe Canada, its Canadian-based subsidiary…
Payless Fiscal 2002 Earnings Double on Comp Store Decline
Payless ShoeSource, Inc. reported company sales for the fiscal year 2002 totaled $2.88 billion, a 1.2% decrease from $2.91 billion in the fiscal year 2001. During the fiscal year 2002, same-store sales decreased 3.2%. In the fiscal year 2002, net earnin
Former Venator CEO Joins Gadzooks Board
Gadzooks, Inc. announced that Carol Greer, President of the Carol Greer Associates retail consulting firm, has joined its Board of Directors, increasing its number of Directors to seven…
Varsity Brands Swings to Profits in 2002; Sales Up 6.0%
Varsity Brands, Inc. announced net income of $9.9 million, or $0.92 per share on a fully diluted basis, for the year ended December 31, 2002. Net income for the year ended December 31, 2002 included an income tax benefit of $0.7 million. Revenues for th
Famous Footwear Helps Brown Shoe Achieve Record Profits
Brown Shoe Company, Inc. reported net sales for 2002 rose 4.9% to $1.8 billion. Net income for fiscal 2002 was $45.2 million, or $2.52 per diluted share, compared with a net loss of $3,962,000, or 23 cents per diluted share, in fiscal 2001. Fiscal 2002
West Marine February Comps Drop 13.9%
West Marine, Inc. reported that net sales for the four weeks ended Feb. 22, 2003 were $31.1 million, a 12.6% increase from net sales of $27.6 million for the same period a year ago. Comparable store net sales for the four weeks ended Feb. 22, 2003 decreas
TJX 2002 Earnings Up 11% on 3.0% Comp Store Rise
The TJX Companies, Inc. announced net sales for fiscal 2003 were $12.0 billion, up 12% over the previous year, and consolidated comparable store sales increased 3%. For the 52-week fiscal year, net income reached $578 million and diluted earnings per shar
PacSun Makes d.e.m.o. VP Promotions
Pacific Sunwear of California Inc. announced that Heidi Muther has been promoted to the position of vice president of merchandising for d.e.m.o. and that Eric Plyler has been promoted to vice president of stores for d.e.m.o…
Pacific Sunwear Increases 2003 Store Opening Plans
Pacific Sunwear of California, Inc. announced that it is increasing its store opening plans to 75 net new stores for fiscal 2003, which includes at least 10 net new d.e.m.o. stores…
Court Approves Kmart Disclosure Statement
Kmart Corporation announced Wednesday that the U.S. Bankruptcy Court for the Northern District of Illinois has approved the Disclosure Statement filed in connection with the Company's First Amended Joint Plan of Reorganization…
SportsLine.Com To Produce Official NCAA Site; Dumps Gambling Sites
SportsLine.com has carved out a deal to produce the website for all of the National Collegiate Athletic Association's championship events, starting with the men's basketball tourney next month. But the deal, which runs until 2006, means that th
Former Kmart Executives Indicted for Fraud
Two former Kmart vice presidents indicted Wednesday for their part in Kmart's financial downfall could be just the first of a wave of executives to face criminal charges for pushing the century-old retailer into bankruptcy, experts predicted…
Fletcher Taps Vans Vet Ryan to Head Sales and Marketing
Barry T. Ryan, has joined Fletcher Ltd., as Vice President of Sales and Marketing with immediate responsibilities to spearhead their new sales, marketing, and product development campaign…
Aussie Apparel Group Retains Retail Marketing Firm
Aussie Apparel Group, Ltd. announced that it had retained Los-Angeles-based A.D.D. Marketing & Advertising to manage its promotional and marketing efforts for its recently acquired brands…
