Cutter and Buck Wholesale Biz Can’t Offset Retail Liquidation…
Liquidation sales at Cutter & Buck's retail stores lifted winter revenues, but store-closing costs and legal expenses weighed down the company’s fiscal Q3 results.
Cutter & Buck said in December that it would close all 14 of its retail stores to fo
Contracts Stymie K2/Rawlings Deal…
Rawlings shares closed down 12.1% for the week to close at $7.70 on Friday after K2’s CEO said that certain conditions of its proposed deal to buy Rawlings Sporting Goods Inc. had not been met.
Hibbett Beats the Street in Q4…
Hibbett Sporting Goods shares were up 6% for the week to close at $24.40 on Friday as the small-market sporting goods operator beat both the Thomson First Call consensus estimate of 40 cents a share and HIBB's prior guidance of 39 cents to 41 cents a
Dick’s Capitalizes on Winter in East…
While other retailers complained that a real winter season kept consumers inside during much of the fourth quarter, Dick's Sporting Goods took the opportunity to keep goods flowing into – and out of – its stores…
Shoe Carnival Profits Up 44% for Q4 as Comps Dip…
Shoe Carnival didn't let a little thing like soft comps hold back their hard-charging ways. Even though sales were soft for the quarter, profits soared 44% in Q4.
SCVL same-store sales were down 3.9% for Q4 and dipped 0.4% for the year. Comp sales
adidas-Salomon Rides Golf Growth to Record 2002…
Consolidated net sales for the adidas-Salomon Group grew 7% to reach €6.5 billion ($6.8 billion) in 2002. On a currency-neutral basis, sales were up 11%…
Huffy Gets Loan From New Fila Parent…
Huffy Corporation has finalized a $15.0 million subordinated term loan with Ableco Finance LLC, a fund affiliated with Cerberus Capital Management, L.P., and Congress Financial Corporation. The loan, repayable on its March 13, 2008 maturity date, is pegge
Quiksilver Secures China Beach…
Quiksilver, Inc. has taken steps to broaden its global brand reach even further with the announcement last week of a joint venture with a Chinese company to manage retail stores and distribute ZQK brands in the Peoples Republic of China…
Oops, We’re At It Again…
Skechers Inc. filed a lawsuit in a federal court in Los Angeles against singer Britney Spears and her companies, alleging fraud and breach of contract…
Antigua Sells Control to U.K. Company, Gets Donnay Deal…
Antigua Enterprises Inc. will sell to Ashley NA, LLC, a company owned in common with the Sports Soccer and Lillywhites chains of sporting goods stores in the U.K., a controlling interest in the company for $10.25 million…
Madonna to Head Spiegel Catalog and Newport News Divisions
The Spiegel Group announced that Geralynn Madonna has been named president and chief executive officer of Spiegel Catalog and Newport News. Ms. Madonna previously held the position of president and chief operating officer of Newport News…
Perry Ellis Appoints Michael Nicklas as Swimwear EVP
Perry Ellis International, Inc. announced the appointment of Michael Nicklas as Executive Vice President of Sales for Jantzen, Inc., a wholly owned subsidiary of Perry Ellis, effective immediately, and will be responsible for all swimwear related apparel
Antigua to Sell Controlling Interest to Ashley NA, LLC
Antigua Enterprises Inc. has entered into an agreement to sell to Ashley NA, LLC common and preferred shares representing a controlling interest in the company for $10.25 million. Ashley NA is owned in common with the Sports Soccer and Lillywhites chains
Rocky Shoes and Boots Adds VP Apparel Business Development
Rocky Shoes & Boots, Inc. announced that John Maser has joined the Company as Vice President-Apparel Business Development, a new position, effective immediately…
Huffy Corporation Completes $15.0 Million Term Loan
Huffy Corporation has finalized a $15.0 million subordinated term loan with Ableco Finance LLC, a fund affiliated with Cerberus Capital Management, L.P., and Congress Financial Corporation…
