February 22, 2002 |
In a deal that is likely to send shockwaves through Southern California's surfwear businesses, industry icon Bob Hurley has sold his company in Costa Mesa to giant Nike Inc. The terms of the sale were not disclosed. But in acquiring Hurley International, Nike, which has been trying for years to break into the burgeoning market for surf, skate and snowboard clothes, is picking up one of the industry's hottest brands that last year did about $70 million in business.
September 16, 1998 |
Pacific Sunwear of California Inc. said it plans to open 100 new stores during 1999, raising the Anaheim retailer's total to 442 by the end of next year. The company said the new locations will include 67 Pacific Sunwear stores, eight Pacific Sunwear Outlet stores and 25 D.E.M.O. Stores.
October 29, 1997 |
Pacific Sunwear of California Inc. said Tuesday that Greg Weaver, president and chief executive, has also been named chairman. He remains chief executive. Julius Jensen III, who served as chairman since February 1996, will remain a director. In addition, the company named Timothy M. Harmon, currently executive vice president of merchandising, as president and chief merchandising officer.
March 24, 2000 |
Pacific Sunwear of California Inc. said Thursday it will offer its own credit card, beginning in July, at the Anaheim retailer's PacSun and PacSun Outlet stores and at its Web site, http://www.pacsun.com. The casual apparel chain's stock moved up $1.88 a share to $33.25 in Nasdaq trading.
April 9, 1999
Pacific Sunwear of California Inc. said Thursday that sales for the five weeks ended April 5 surged 34%, to $33.8 million. Sales at stores open at least a year--a key measure of growth--rose 7.6%. The Anaheim-based company sells surf and skate apparel and accessories at 353 stores in 43 states. Its shares fell $1.75, to $36.25, in Nasdaq trading.
November 11, 1998
Pacific Sunwear of California Inc.: The Anaheim retailer of casual apparel and accessories said net income for the third fiscal quarter ended Nov. 1 totaled $8.1 million, or 38 cents a share, 40% higher than the $5.8 million, or 27 cents a share, for the third quarter of fiscal 1997. Sales rose 41% to a record $91.8 million from $65.3 million. Same-store sales increased 8%.