Russell in Major Strategic Realignment of Company
Russell Corporation will realign its operations to increase focus on both its athletic and activewear businesses. Under this structure, manufacturing, distribution and some administrative functions will be combined with sales and marketing to create a se
Russell Gets Acquisition Help to Post Flat Q3 Sales
Russell Corporation reported fiscal 2003-third quarter net income of $18.5 million, or 56 cents per diluted share, versus $23.4 million, or 72 cents per diluted share, in the prior year, beating analysts' estimates in the 45 cents to 51 cents range.
The Weather Channel Extends Gore Contract
The Weather Channel has again entrusted protection of its field meteorologists to W. L. Gore & Associates, inventor of GORE-TEX® fabric. The multi-year partnership, which began in 2000, will extend through 2005 and encompass advertising and content on bo
American Skiing Co. Sees Improvements
American Skiing Company announced its financial results for the 2003 fiscal year and fourth quarter ended July 27, 2003. The Company reported that its fiscal 2003 resort operating results were favorably impacted by effective targeted marketing and cost co
MountainSmith Partners With US Bobsled
Mountainsmith is partnering with the United States Bobsled & Skeleton Federation (USBSF) to become their official backpack and luggage supplier. The three-year agreement is effective immediately and will continue through the 2006 winter Olympics. Greg Th
Honey Stinger Joins Subaru XC Ski Team
En-R-G Foods, Inc., makers of Honey Stinger energy bars and gels, have entered into a two-year sponsorship agreement with the Subaru Factory Team. The company will continue its support of the elite Nordic ski racing team through 2005 as official bar and
Big 5 Swings to Q3 GAAP Profit on 3.3% Comp Increase; Company Ups Guidance
Big 5 Sporting Goods Corporation reported net sales for the fiscal 2003 third quarter ended on September 28, 2003 increased 7.2% to $183.3 million from $170.9 million in the third quarter of 2002. Same store sales increased 3.3% versus the yer-ago period
West Marine October Comps Increase 2.3%
West Marine, Inc. reported that net sales for the four weeks ended October 25, 2003 were $36.7 million, a 27.4% increase from net sales of $28.9 million for the same period a year ago. Comparable store net sales for the four weeks ended October 25, 2003 i
Ashworth Lead Apparel Vendor for 2005 U.S. Open
Ashworth, Inc. announced it was awarded the contract by Pinehurst Resorts, Inc as the lead apparel vendor for the 2005 U.S. Open Championship to be held at the Pinehurst Resort, June 13-19, 2005. Under terms of the contract, Ashworth will be the leading
Amerex Appoints President of Mens and Ladies Group
Amerex Group Inc. has announced that Renee McGovern has joined the firm as President of the Amerex Mens and Ladies Group. She reports to Chief Executive Officer, Glenn Palmer…
Rosinsky to Head Racing Swimwear for Speedo
Kate Rosinsky has been named Merchandising Manager for Racing Swimwear for Speedo. She succeeds Maricel Castro, who has been promoted to Director of International Product Development for Speedo in London, a new post…
GSI Commerce Narrows Q3 Loss on 49% Jump in Sporting Goods Sales
GSI Commerce, Inc. reported that net revenue for its third fiscal quarter ended September 27, 2003 was $47.5 million in the third quarter of fiscal 2003, compared with net revenue of $32.3 million in the third quarter of
fiscal 2002, an increase of 46.9%.
Urban Outfitters Appoints New CFO
Urban Outfitters, Inc. announced that John Kyees has accepted an offer to become the CFO. Mr. Kyees has had extensive experience in the financial management of a number of specialty retail companies including the Express division of the Limited, Inc. and
Aldila Posts Q3 Profit on 24% Sales Gain
Aldila, Inc. announced third quarter net sales increased 24% to $8.0 million, compared to net sales of $6.5 million for the 2002 third quarter. Net income was $189,000 ($.04 per share) for Q3 compared to a net loss of $699,000 ($0.14 loss per share) for
Perry Ellis Expands Europe and Australia Distribution
Perry Ellis International Inc. has entered into distribution agreements for three of its top brands in Europe and Australia. Bunker Boy, based in the U.K., will distribute Grand Slam products throughout the U.K. and Europe. Core Distribution will concent
