Vail Gets Heavenly Relief in Fiscal 2003
Vail Resorts, Inc. reported that the net loss for the fiscal year ended July 31, 2003 was $8.5 million, or a loss of 24 cents per diluted share, compared to net income of $7.1 million, or income of 20 cents per diluted share, for the same period last year
Reebok Signs Stojakovic to Footwear Deal
Reebok has signed a multi-year endorsement agreement with Sacramento Kings' phenom Predrag “Peja” Stojakovic. Widely considered one of the best shooters in the league, Stojakovic is the reigning “NBA All-Star 3 Point Shoot-Out” champion for 2003 and
KHS Offers New Financing Package
KHS and American General Finance (AGF) have joined forces to provide retailers with financing for their customers for the purchase of KHS and/or Free Agent Bikes…
Everlast Q3 Net Income Falls 75% on 4.9% Sales Decline
Everlast Worldwide Inc. reported net sales declined 4.9% to $16.1 million for the third quarter ended September 30, 2003, compared to $16.9 million in the year-ago period. Net licensing revenues increased 14.8% to $1.6 million vs. $1.4 million in the 200
Kohl’s Q3 Net Income Decreases 9.1% on Lower Comp Sales
Kohl's Corporation reported net sales for the third quarter increased to $2.4 billion from $2.1 billion a year ago, an increase of 11.7%. Comparable store sales declined 1.3%. Net income was $121.2 million or $0.35 per diluted
share, compared with $1
Modell’s Moves Into Connecticut
Modell's Sporting Goods has chosen Bridgeport for its first Connecticut store and will open the new outlet next week. The 19,000-square-foot space in Shoppers World will open November 21st. The store will hold a grand opening on November 28th. The
Urban Outfitters Q3 Net Income Jumps 76%
Urban Outfitters, Inc. announced earnings of $14.1 million
for the third quarter ended October 31, 2003, a 76% increase over the comparable quarter last year. Third quarter earnings per diluted share rose to $0.35 this year versus $0.20 in the prior year.
Retailers and Vendors Announce Container Environmental Survey
More than a dozen manufacturers, retailers and shipping companies, including LL Bean and Nike, Inc., have announced the Clean Cargo Environmental Performance Survey for shippers to gauge their carriers' environmental
management performance and addres
SIA Booth Space Officially Sold Out
SnowSports Industries America (SIA)
reports today that the SIA. 4 SnowSports Show is officially sold out. The SIA.04 SnowSports Show will be held at the Mandalay Bay Convention Center in Las Vegas, Nevada, January 26-29, 2004…
Solidarity Fund To Sell 2.5 Million Gildan Shares
Gildan Activewear confirmed that the Solidarity Fund QFL had informed the Company of its intention to sell, in an orderly manner, its entire equity position in Gildan, amounting to close to 2.5 million class A subordinate voting shares…
Payless Swings to Q3 Loss on 1.4% Comp Sales Decline
Payless ShoeSource, Inc. posted a loss of $2.2 million, or $0.03 per diluted share, for the third quarter of fiscal 2003, compared to net earnings of $29.6 million, or diluted earnings per share of $0.43, during the third quarter of fiscal 2002. Company
WaterMark Revamps Management Team
WaterMark announced that Andy Papademetriou has joined WaterMark's management team as vice president of product development. Joe Pulliam has been promoted to executive vice president of business development and will remain at the Easley, S.C. facilit
May Department Stores Q3 EPS Up on Decreased Sales
The May Department Stores results for the third quarter of fiscal 2003 earnings per share were 15 cents, compared with earnings per share of 5 cents in the similar period a year ago. Net earnings were $47 million, compared with net earnings of $16 millio
Schoeller Opens New Korean Office
Schoeller Switzerland is opening a new office in Korea at a ceremony on October 10 in the Grand Hyatt Hotel in Seoul. In an effort to increase the company’s support to the very important and fast growing Korean market, this new facility will serve as a ma
Amerex Brings in a Trio of New Faces
Amerex Group has appointed Adam Berkman, chief financial officer. Mr. Berkman joins Amerex Group from Accruent Inc., a contract management software company that he co-founded, that counts over 100 of the Fortune 1000 companies as clients. He will report
