Pacific Sunwear of California Inc

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USA: Essentus Releases Full MRP System just-style.com | 26 Oct 00

Essentus International Inc has released version 2.0 of Sourcing Express and Demand Management Express for the Essentus Express suite of products. The new release means that this solution for apparel and footwear manufacturers, distributors and importers now features a full manufacturing resource planning (MRP) system, improved sales forecasting, and improved inventory management and costing systems.


USA: PacSun Selects Anaheim Site For New Office Company Press Release | 3 Oct 00

Pacific Sunwear of California Inc (Nasdaq:PSUN) Monday announced it has purchased an undeveloped 19 acre parcel of land located in Anaheim, subject to final approvals and finalizing certain side agreements. The purchase price of the land is $12.1m and escrow is expected to close in December 2000. The property is being purchased from Boeing North American Fitness Inc. The new office and distribution centre are expected to be ready for occupancy in December 2001 and are necessary to support the company's future growth plans. The 180,000 sq ft, three story office structure will be three times the size of the company's current corporate offices, which houses approximately 225 associates. The 300,000 sq ft distribution center would be twice as large as the company's current facility and would have the capacity to service 1,200 stores. "We are pleased to be staying in the city of Anaheim. This parcel provides a solution to our long-term growth plans and is located within three miles of our current headquarters," said Greg Weaver, chairman and CEO. Pacific Sunwear is a leading specialty retailer of everyday casual apparel, accessories and footwear designed to meet the needs of active teens and young adults. The company currently operates 450 PacSun stores, 41 PacSun outlet stores and 68 d.e.m.o. stores for a total of 559 stores in 48 states and Puerto Rico. PacSun's Web site address is


USA: PacSun Website Wins Back-to-School Survey Company Press Release | 8 Sep 00

Pacific Sunwear of California Inc (NASDAQ:PSUN) -- "PacSun is taking e-commerce to a new level and peers should view PacSun.com as the prototype."So says a recently completed Back To School 2000 website survey by First Union Securities, which conducted an in-depth study of 11 youth-oriented websites to determine which traditional retailers offer the best online customer experience. PacSun.com ranked number one as the most proficient web commerce business targeting teens.The sites were ranked on their merits of functionality, customer service, shopping, and content. The other sites included: The Gap, The Buckle, delia's, Urban Outfitters, American Eagle Outfitters, Wet Seal, Hot Topic, Abercrombie & Fitch, Bebe Stores, and Claire's Stores. Collectively, they represent the public universe of stocks that First Union Securities looks at for evaluation purposes."


USA: Pacific Sunwear Reports Q2 Earnings of $7.4m Company Press Release | 8 Aug 00

Pacific Sunwear of California Inc (Nasdaq:PSUN) Monday reported that net income for the second quarter of fiscal 2000 was $7.4m, or, $.23 per share, basic and diluted, compared with $7.3m, or $.24 per share, basic, and $.23 per share, diluted, for the second quarter of fiscal 1999. Sales for the second quarter of fiscal 2000 were $132.


USA: PacSun July Same-Store Sales Decrease 4.4 Per Cent Company Press Release | 4 Aug 00

Pacific Sunwear of California Inc. (Nasdaq:PSUN) Thursday reported sales of $43.4m for the four-week period ended July 30, 2000, an increase of 29.2 per cent over sales of $33.6m for the comparable four-week period ended Aug. 1, 1999. Company same-store sales decreased 4.4 per cent for the period with PacSun same-store sales down 4.


USA: Vans Reports Strong Fourth Quarter And Fiscal Year Sales Company Press Release | 26 Jul 00

Branded footwear and lifestyle company Vans, Inc (NASDAQ:VANS) today announced financial results for the fourth fiscal quarter and fiscal year ended May 31, 2000. Net sales for the quarter


USA: PacSun.com Receives Gold Star Rating From BizRate.com Company Press Release | 26 Jul 00

PacSun.com, the internet website of Pacific Sunwear of California Inc (Nasdaq:PSUN) has been approved as a Customer Certified Gold Merchant and received the highest possible ratings from PacSun.com's own customers on BizRate.com, a website "regarded as the web's best shopping marketplace." In addition to achieving an overall 4 1/2 star rating - BizRate.


USA: FTS Hires Former J.C. Penney Buyer Company Press Release | 18 Jul 00

Full Tilt Sports, Inc dba FTS Apparel (OTCBB:FTSX), has appointed Lonnie Martin, former buyer of young men's collections at JC Penney Company, Inc, to the position of Key Accounts Manager (NYSE:JCP). Mr Martin, who possesses over twenty years of retail experience, commented: "The young men's category is going through an exciting period right now as it is driving the market in fashion. There is a noticeable void in this market as the young consumer is searching for a brand they can relate to. I believe FTS is that brand. It just fits." Roger Burnett, president of FTS, believes Mr Martin will bring instant credibility to the FTS brand: "With his extensive experience and his understanding of the marketplace, Mr Martin will be a tremendous resource for FTS," stated Burnett.


USA: PacSun - Pacific Sunwear - Reports June Decrease Company Press Release | 6 Jul 00

Pacific Sunwear of California Inc (Nasdaq:PSUN) Thursday reported sales of $52.3 million for the five-week period ended July 2, 2000, an increase of 32.5% over sales of $39.5 million for the comparable five-week period ended July 4, 1999. Company same-store sales decreased .1% for the period with PacSun same-store sales flat and d.e.m.o. same-store sales down 1.2%. "Top line sales increased nearly 33% but merchandise margins were lower from June a year ago as sales of summer seasonal merchandise continued to be slow and as the marketplace became highly promotional," stated Greg Weaver, chairman and CEO. "Sales in June in accessories and juniors (girls) continued at double-digit comps. We expect inventories of summer seasonal merchandise to be on plan at the end of July. In July, we begin back to school in several markets and launch the PacSun credit card in our stores nationwide. "We are pleased with our fall merchandise assortment and several changes made in our young men's pant programs. Based on June's results we expect second-quarter earnings to be in the range of $.23 - $.25 vs. $.23 in the second quarter last year," concluded Weaver. Total sales for the first five months (22 weeks) of fiscal 2000 were $201.2 million, an increase of 35.7% over sales of $148.3 million for the first five months (22 weeks) of fiscal 1999. Company same-store sales increased 3.9% for the first five months of fiscal 2000 with PacSun same-store sales up 3.8% and d.e.m.o. same-store sales up 7.1%. Pacific Sunwear is a leading specialty retailer of everyday casual apparel, accessories and footwear designed to meet the needs of active teens and young adults. The company currently operates 440 PacSun stores, 39 PacSun outlet stores and 57 d.e.m.o. stores for a total of 536 stores in 48 states. PacSun's Web site address is


USA: Gucci Group Reveals Strong Start To 2000 Company Press Release | 21 Jun 00

Gucci Group NV (NYSE and Amsterdam: GUC) today announces results for the first quarter ended April 30, 2000. GUCCI GROUP HIGHLIGHTS


USA: J.C. Penney Increases Orders For FTS Apparel's Designer Sportswear Company Press Release | 13 Jun 00

Full Tilt Sports, Inc, dba FTS Apparel (OTCBB: FTSX), today announced that J.C. Penney Company, Inc (NYSE: JCP) has increased the amount of stores that will carry the "Flip the Switch" brand of designer sports apparel for the fall season to over 125 stores. The company announced in May that "Flip the Switch" would be carried by 14 J.C. Penney stores for the spring/summer season, up from a total of 3 stores last fall. The total value of the contract is expected to surpass $1 million for fiscal 2000 with more increases possible later this year. During fiscal 1999 the company reported total annual revenues of $289,180. The increase in the number of J.C. Penney stores that will now carry the "Flip the Switch" product line is a major step forward for the company. The label will now have a national presence with product available at J.C. Penney stores across the country. FTS Apparel has now moved out of the development stage with a strong revenue stream building, a line of credit in place and a strong cash position. The company is now well positioned to meet or exceed its sales objectives for fiscal 2000. Company president, Mr Roger Burnett, had this to say of the contract increase: "As the spectrum of young men's apparel tastes are evolving, we believe we are at the forefront of a resurgence among youths for cleaner, classier styles and an identity which speaks to them directly. Based upon our prior successful sell-through and marketing efforts, J.C. Penney has bought into our philosophy, and we commend them for having the foresight to carry an up-and-coming brand instead of relying on those brands that have worn out their welcome with the consumer."


USA: PacSun.com is First to Launch Pro Skateboarder Tony Hawk's Footwear Line Company Press Release | 7 Jun 00

Pacific Sunwear (Nasdaq:PSUN) -- "Get it here first!" That's the message that PacSun.com is conveying to its legion of Generation Y customers with its worldwide online launch of the popular pro skateboarder's footwear line. PacSun.com will pre-register interested buyers online and will subsequently ship the shoes as soon as they become available in late June, prior to their availability at any other retail outlet. Consumers who pre-register online will receive a free Hawk T-shirt and skate video as a gift with their Hawk footwear purchase. "We are very excited to be first to launch the new Hawk shoes," said Glenn Wilk, director of E-commerce and Online Marketing. "We are very promotion-minded and are constantly seeking ways to bring new products and special offers to our online customers. Tony Hawk is an icon to our customers, who are very Internet savvy and comfortable with shopping online. It's a perfectly integrated promotion," Wilk added. "We're extremely happy to have PacSun.com bring our shoes to the market first," said Chris Miller, president of Hawk Shoes. "Our target customers are very familiar and comfortable with the PacSun brand, and PacSun.com can reach a large, national audience for us instantly. We immediately follow that up with the availability of our shoes in their 400-plus brick and mortar stores, and we are expecting an extremely successful launch," Miller added. To further promote the online launch, PacSun.com is holding a Tony Hawk contest with a Grand Prize of a trip to San Diego, to have lunch with Hawk, as well as receive a pair of Tony Hawk shoes, an autographed Birdhouse skateboard deck, a TSG skate helmet, a pair of Arnette sunglasses, and a copy of Activision's new Tony Hawk Pro Skater 2 video game. Contestants can enter the contest by logging onto


USA: Pacsun.com Launches Affiliate Program With Commission Junction Company Press Release | 6 Jun 00

Bringing the board sport lifestyle to inland mall-goers has been a fundamental strength in the growth of Pacific Sunwear (Nasdaq:PSUN - news) stores. Now pacsun.com is bringing its surf, skate and snowboard lifestyle flavor to sites throughout the Internet with the launch of a new affiliate program. Less than a year old, pacsun.com is already capitalizing on the large potential for online apparel sales and a fast-growing teen Internet shopping audience. Industry analysts project this category to grow beyond $6 billion in sales by 2003. "As an extension of our popular brick and mortar operation,


USA: PacSun -Pacific Sunwear- Reports May Same Store Sales Increase 0.5% Total May Sales Rise 33% Company Press Release | 2 Jun 00

Pacific Sunwear of California, Inc. (Nasdaq:PSUN) Thursday reported sales of $36.3 million for the four week period ended May 28, 2000, an increase of 33% over sales of $27.3 million for the comparable four week period ended May 30, 1999. Company same store sales increased .5% for the period with PacSun same store sales up .


USA: FTS Apparel Announces Receipt of Largest Order in Company's History and $1.2 Million Line of Credit With Bank One just-style.com | 26 May 00

Full Tilt Sports, Inc., dba FTS Apparel (OTCBB: FTSX), a fully reporting company, today announced that the company has finalized an agreement with Bank One, Colorado N.A. for a $1.2 million line of credit. The company also announced today the receipt of the largest order of merchandise in the company's brief history. The order was placed by JC Penney (NYSE:JCP) and is set to be shipped during the third quarter of fiscal 2000. The company has continued to gain momentum since the April closing of a $1.3 million private placement and receipt of $1 million in cash. Management believes the company's product is gaining greater acceptance within the retail marketplace, especially in Colorado where the company's "Flip the Switch" apparel has been available in over 25 retail locations. On a national level, the "Flip the Switch" label will now be available in 12 JC Penney stores this summer, up from only a test of 3 locations last fall, due to the positive response in the initial JC Penney test market where the FTS label outperformed every other brand in the category both in gross sales and gross margins as a percentage of inventory. Newly appointed Chairman and CEO, Mr. LeRoy Landhuis, had this to say of the recent developments, "The `Flip the Switch' philosophy permeates our corporate culture and is reflected in our apparel and our relationships within the apparel industry. We believe the market needed a new look and personality. We are willing to fulfill that need, and the industry is beginning to take notice."


USA: The Children's Place Appoints Sally Frame Kasaks to Board of Directors just-style.com | 12 May 00

The Children's Place Retail Stores, Inc. (Nasdaq:PLCE) today announced that Sally Frame Kasaks has been appointed to the Company's Board of Directors. Ms. Kasaks is filling a position on the Board that was vacated earlier this year. Sally Kasaks, 55, comes to The Children's Place Board with an impressive background of retail experience. Over the past 20 years, Ms. Kasaks held the following executive positions at major specialty retailers: Chairman and Chief Executive Officer of Ann Taylor Stores; President and Chief Executive Officer of Abercrombie and Fitch and Chairman and Chief Executive Officer of The Talbots, Inc. Currently, Ms. Kasaks serves as a consultant to a number of retailers through ISTA Incorporated. Additionally, Ms. Kasaks sits on the Board of Directors of the following retailers: Pacific Sunwear of California, Anaheim, California; The White House, Baltimore, Maryland; Tuesday Morning, Dallas, Texas; Cortefeil, S.A., Madrid, Spain. She is also a consultant to the Commander for the Board of Directors of the Army & Air Force Exchange Service, Dallas, Texas. "We are delighted to welcome Sally Frame Kasaks to our Board of Directors. Sally's extensive experience with the specialty retail markets, combined with her background in all facets of our operation, will be an important addition to our Company and a strong contributor to our future growth. I look forward to working closely with Sally," said Ezra Dabah, Chairman and Chief Executive Officer. The Children's Place Retail Stores, Inc. is a leading specialty retailer of high quality, value-priced apparel and accessories for children, newborn to age twelve. The Company designs, contracts to manufacture and sells its products under the "The Children's Place" brand name. As of April 29, 2000, the Company operated 335 stores in 40 states and also sells merchandise through its World Wide Web site located at


USA: PacSun - Pacific Sunwear - Reports First Quarter Net Income Increases 44% just-style.com | 9 May 00

Pacific Sunwear of California, Inc. (Nasdaq:PSUN) Monday reported record first quarter results for the 13 weeks ended April 30, 2000. Net income for the first quarter was $5.8 million, or $.18 per share, basic, and $.18 per share, diluted, compared with $4.0 million, or $.13 per share, basic, and $.13 per share, diluted, for the first quarter of fiscal 1999. Sales for the first quarter ended April 30, 2000 were $112.6 million, an increase of 38% over sales of $81.4 million for the first quarter of fiscal 1999. Same store sales increased 7.0% for the first quarter ended April 30, 2000, with PacSun same store sales up 6.6% and d.e.m.o. same store sales up 16.5%. (All references to shares and per share amounts reflect a 3-for-2 stock split effected on June 8, 1999.) "I'm very pleased with our record first quarter results, which has, historically, been our least profitable quarter. The results reflect excellent top line and same store sales growth and better gross margins than the first quarter last year. We are very pleased with the first quarter sales results at d.e.m.o. and the progress we are making on merchandise margins and private brand penetration. I'm also pleased with our online sales and progress at pacsun.com," said Greg Weaver, Chairman of the Board and Chief Executive Officer. "During 2000 we plan to open a total of 130 new stores and relocate or expand approximately 31 of our most productive stores which equates to a 38% increase in store square footage for the year," concluded Weaver. Pacific Sunwear is a leading specialty retailer of everyday casual apparel, accessories and footwear designed to meet the needs of active teens and young adults. The Company currently operates 421 PacSun stores, 34 PacSun outlet stores and 52 d.e.m.o. stores for a total of 507 stores in 48 states. Pacific Sunwear's Web site address is


USA: PacSun - Pacific Sunwear - Announces Appointment of William Rosenbaum as Vice President, General Merchandise Manager just-style.com | 9 May 00

Pacific Sunwear of California, Inc. (Nasdaq:PSUN) announced today the appointment of William Rosenbaum as Vice President, General Merchandise Manager of Young Men's. Rosenbaum will report to Michael J. Scandiffio, the Company's Executive Vice President, Merchandising. "I am very pleased to have Bill join us in this capacity," stated Scandiffio. "Bill brings to us a broad retail background with significant men's experience with specialty stores and other retail chains. He will be a significant help and asset to PacSun as we move to the next level," concluded Scandiffio. Previously, Rosenbaum was employed as Men's Merchandise Manager for Kmart from 1997 to April 2000. Prior to that, Rosenbaum served as Merchandise Manager for Abercrombie and Fitch from 1992 to 1997. Rosenbaum has held several other positions with major retailers since 1979. Pacific Sunwear is a leading specialty retailer of everyday casual apparel, accessories and footwear designed to meet the needs of active teens and young adults. The Company currently operates 421 PacSun stores, 34 PacSun outlet stores and 52 d.e.m.o. stores for a total of 507 stores in 48 states. Pacific Sunwear's website address is


Counting the Cost of Skilled Labour GEAC | 19 Aug 99

In a fiercely competitive industry wherethere is constant pressure to improve values, the total cost of labour is a keydeterminant of profitability. Consequently, shop-floor operatives working in a soft-goodsmanufacturing environment are commonly paid in a way that is intended to reflectperformance. Historically, this was usually based on the performance of the individual -today, performance is just as likely to be on a group, team or factory-wide basis.


The administration mushroom The Demand Activated Manufaturing Architecture (DAMA) Project | 15 May 99

The operating environment for businesses inthe Apparel & Footwear Industries has changed in recent years. Global trading andcompetition, low margins and more orders in small quantities are characteristic of today'sIndustries. All of these have created pressure on domestic businesses to grow strong ordie. The application of IT in the form of fully integrated Enterprise Resource Planning(ERP) systems has been a key part of the success of the thrivers. After all, how can youcontrol costs and maximize sales unless the activities of all resources are integrated?Business units must keep in touch with each other and the marketplace. These systems havenow become the norm. The question to ask is: are they all the same?


Debfor's cutting edge Company Clothing | 9 Jan 99

Faced with demands for shorter and shorterlead times, escalating flexibility requirements, and intensified competition from offshoremanufacturers, UK company Debfor Ltd has invested to increase throughput and costeffectiveness in its cutting room.


Efficient Consumer Response - Improving Value Chain Management : Part 2 GEAC | 8 Jan 99

Making ECR work On the analytical side, we have seen that ECR applies a fullycontemporary process and activity analysis to value chains with multiple trading partners.This is a major achievement but analysis, no matter how thorough, does not in itselfimprove a business. Business improvement demands changed behaviour. This is bestunderstood as a breaking down of the barriers that exist both within the company andbetween trading partners.


Is MRP right for the Apparel and Footwear Industries? : Part 2 GEAC | 18 Dec 98

In this part: Remove need for re-runs


Introduction to the 1998 Apparel and Footwear Survey GEAC | 16 Sep 98

Research methodology The 1998 Apparel and Footwear Industries Survey was anannual analysis of the critical factors and trends which apparel and footwear manufacturers and distributors consider most important to the success of their business inthe year ahead. This survey is based on the research analysis provided by Benchmark, andthe interpretation of this analysis by KSA and the JBA Apparel and Footwear Business Unit.The research was conducted through telephone interviews and carried out by Benchmark(Europe) and Grace Marketing (US).

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