Federated Names Lundgren CEO, Adds Four Vice Chairs
Federated Department Stores announced a long-planned management transition and change in its top corporate management structure. Terry J. Lundgren, president/COO and CMO, has been chosen to succeed James M. Zimmerman as Federated's CEO. Zimmerman wi
Kratowicz Named ShopKo Division VP
ShopKo Stores, Inc. announced the promotion of James Kratowicz to vice president of pricing, consumer information resources and e-commerce for the company's ShopKo division…
Head NV Posts Loss for 2002 as Sales Dip 1.0%
Head N.V. announced net sales for the three months ended December 31, 2002 increased 6% to $ 135.8 million. Net income was 15% lower at $8.4 million. Net income, prior to tax and excluding foreign exchange gains and losses increased by 32% to $13.5 mill
REI 2002 Net Income Surges 112% on Total Sales Decline
Recreational Equipment, Inc.(REI)declared a $38.7 million patronage refund to its active members on 2002 sales of $735 million. The cooperative also announced that, based on the 2002 results, its corporate giving commitment will increase by 80% to $1.8 mi
adidas Kicks Off National Branding Campaign
adidas embarks on a new national branding campaign beginning this month. The campaign uses color to capture the raw emotions of sport and layers it with the 3-stripes, the authentic symbol of sport…
Gart / TSA Deal May Cost Reps $25 Million…
The Gart/TSA deal announced last week is expected to generate $2.5 billion in total retail sales. Assuming an average 45% margin on goods and 7% in private label sales, we would expect about $1.3 billion in wholesale dollars to be shipped in 2003. Conse
Smuggled Clothing, Mostly from China, Costs U.S. Millions
Illegal shipments of clothes and fabric from China are cheating the U.S. government out of millions of dollars and costing American workers their jobs, say industry and government sources…
Oakley Tries to Diversify in Weak Economy
Oakley is known for making quality sunglasses for serious athletes. Oakley is also known for making sunglasses with $100-$300 price tags, which has hurt the Foothill Ranch company in this soft economy where consumers are looking to save a buck…
Textile Imports from China Double in 2002
Imports of Chinese-made textile products more than doubled in the United States in 2002, surpassing Mexican textile imports for the first time in eight years, according to trade figures released last Thursday…
Shoe Giant Yue Yuen To Make Sportswear
Sports shoe giant Yue Yuen Industrial (Holdings) Ltd on Monday unveiled ambitious plans to move into the sportswear manufacturing market…
Kamik Names Hallgren VP Eastern Sales
Kamik has named David Hallgren to the position of Vice President Sales, Eastern Region, where he will direct Kamik’s sales efforts east of the Mississippi…
Confluence Watersports Hires New CFO
Confluence Watersports Company has appointed Miriam Beckman as the company’s new Chief Financial Officer. Beckman replaces Mike Hawes who has left the company…
Skechers on the Back Side of the Curve…
Skechers USA saw shares plunge 18.4% for the week after the company surprised the market — and the industry — with projections for Q1, which show a dramatic slowdown to their business…
MAGIC Can’t Pull a Rabbit Out of This Hat…
On the flight to Las Vegas for the MAGIC show last Tuesday I thought about complaining about making the fourth trip to the city-that-never-sleeps in as many weeks for trade shows. Then I thought about the exhibitors and attendees stuck under two feet of
Sportsman’s Guide Rides ‘Net Wave…
Internet sales are expected to account for a third of total sales at The Sportsman’s Guide in 2003 after reaching the 30% mark in 2002. Web sales represented 21% of sales in 2001…
