Kmart Axes Execs That Received Retention Loans
Kmart Corporation announced that the Company has severed employment relationships with all remaining executives who received special retention loans in 2001 under former Chairman and Chief Executive Officer Charles Conaway's tenure…
NSGA Reports Sneakers Sales Off 4% in H1 2002
NSGA is reporting that retail sales of sport footwear fell 4% for the six-month period, October 2001 through March 2002, according to data released by the National Sporting Goods Association (NSGA). Sales for the six-month reporting period were $6.49 bill
NSGA Hosts Updated Footwear Panel at Conference
The NSGA management conference will host a panel discuission that includes leading retailers of athletic footwear from various channels to share their views on what retailers need to do in order to remain profitable…
adidas Appoints Wulff Sports Marketing Director
adidas America announced the appointment of Kevin Wulff to the position of Director of Sports Marketing. Wulff brings with him over 26 years of experience in the Sports Industry. He most recently served as the CEO of the Women's Tennis Association…
ShopKo Appoints New Chief Merchant; Three SVP’s Leave
ShopKo Stores, Inc. announced the reorganization of its ShopKo division's merchandising, marketing and replenishment areas. Kevin Easton has been promoted to corporate Executive Vice President and ShopKo division Chief Merchandising Officer…
Delta Apparel Q2 Net Income Up 70% on 23% Sales Increase
Delta Apparel, Inc. announces record sales for the quarter ended December 28, 2002 of $30.0 million, a 23.3% increase from the prior year second fiscal quarter. Net earnings for the quarter were $1.2 million…
Frisby Files For Bankruptcy Protection
Frisby Technologies, Inc. announced that it has filed a voluntary petition for Chapter 11 reorganization with the U.S. Bankruptcy Court for the Middle District of North Carolina…
Callaway Sets Record Straight on Bloomberg Report
Callaway Golf Company demanded and received a correction of an erroneous news report circulated by Bloomberg, the international financial news wire service…
Smith and Wesson Signs Japan Apparel License Deal
Smith & Wesson Holding Corporation announced its newest licensing agreement with Nissho Iwai General Merchandise Corporation of Japan for the design, manufacture and distribution of men's and women's apparel that will bear the Smith & Wesson nam
Speedo Parent Bankruptcy Reorg Plan Accepted
The Warnaco Group, Inc., parent of apparel brands Speedo and Authentic Fitness, announced that the U.S. Bankruptcy Court for the Southern District of New York confirmed its Plan of Reorganization on Thursday…
Callaway Files Late Q3 10-Q; May See Upside to 2002 Guidance
Callaway Golf expects net sales and earnings for the year ended December 31, 2002 to be at the high end, if not slightly above, the range provided on December 16, 2002…
Skechers Assumes Canada Distribution
Skechers USA, Inc. announced that effective immediately it is assuming the distribution of its product in Canada…
The Sportsman’s Guide 2002 Results to Exceed Estimates
The Sportsman's Guide, Inc. announced that the Company will report total sales in the range of $65 to $66 million and net earnings per share of $0.50 to $0.52 for its fourth quarter ended December 31, 2002…
Sears 2002 Per Share Earnings Jump 91.5%
Sears, Roebuck and Co. reported net income was $1.4 bn, or $4.29 per share, for 2002 as compared to $2.24 per share last year. Reported fourth quarter 2002 net income, including the non-comparable items, was $848 million or $2.67 per share, compared with
Federated to Merge Rich’s and Macy’s in Atlanta; Add Bloomingdales
Federated Department Stores, Inc. announced the strategic integration of its Rich's and Macy's stores in metro Atlanta beginning in February, as well as plans to bring Bloomingdale's to the Atlanta market in two major malls as early as fall
