MEGA BRANDS REPORTS SECOND QUARTER 2010 RESULTS
MEGA Brands Inc. (TSX: MB) announced today its financial results for the second quarter and six months ended June 30, 2010. (All figures are expressed in US dollars.) Net sales increased 12% to $78.8 million compared to $70.1 million in the second quarter of 2009. Net earnings were $1.2 million or nil per diluted share compared to a net loss of $13.3 million or $0.36 per diluted share in the second quarter of 2009. Net sales were higher in both North America and International, led by a solid increase in Toys shipments and stable sales of Stationery and Activities products. The growth in toy sales reflects a continued strong performance in the Preschool category, increased sales in the Boys category led by Halo, Iron Man 2, initial shipments of Dragons Universe and a steady performance in Games and Puzzles. ‘‘We are pleased to report a third consecutive quarter of year-over-year improvement in net sales and gross margins, and a positive outlook for the balance of 2010,’’ said Marc Bertrand, President and CEO. ‘‘For the second half of the year, we are well-positioned with more shelf space at retail, the launch of...
Saba Customers Yum! Brands and Hitachi Data Syst...
Saba (NASDAQ: SABA), the premier people systems provider, today announced that enterprise social networking thought leaders and Saba customers Mary Woolf, Yum! Brands and Nick Howe, Hitachi Data Systems, will speak on a panel titled "Human Resources and Workplace Collaboration Strategic Objectives” moderated by analyst Oliver Marks from Sovos Group. Saba's VP of Collaboration, Jim Lundy, will appear on the panel titled "Socializing With Video: How Emerging Video Applications Will Impact Enterprise Collaboration" moderated by analyst Irwin Lazar from Nemertes Research. News Facts The "Human Resources and Workplace Collaboration Strategic Objectives" panel will be held 8:00a.m. – 8:45 a.m. on Wednesday, June 16 at Enterprise 2.0, moderated by analyst Oliver Marks, Sovos Group, and with panelists Mary Woolf, Yum! Brands, and Nick Howe, Hitachi Data Systems: Session description: A quiet revolution has been taking place in the human resources world: powerful cloud technologies with 2.0 collaboration components baked in have made major inroads into the backbone of the enterprise infrastructure. Enterprise 2.0 concepts and t...
Maidenform Brands, Inc. Announces Tracy Paul & C...
PR Newswire: Fashion PR agency Tracy Paul & Company, Inc. has welcomed Maidenform Brands, Inc. as the latest addition to its client roster. With offices in New York, N.Y. and N.J., Maidenform is a global intimate apparel company with a portfolio of established and well-known brands and top-selling products. Tracy Paul's charge will be to work with Maidenform to create public relations campaigns that will build upon the brand's iconic heritage and elevate brand awareness. With its extensive background in the intimate apparel arena, Tracy Paul & Company is a well-suited partner to promote Maidenform's platform for educating women on the importance of wearing the proper intimate apparel and shaping garments. In addition to promoting the multiple brands under the Maidenform umbrella, Tracy Paul & Company will also work directly with the company's Director of Publicity, S.E. and Marketing, Norah Alberto, to update the press on the latest Maidenform news, including this month's announcement of its spokesperson, Mad Men costume designer, Janie Bryant. "We're thrilled that Maidenform brought us on board at such an exciting time in the company'...
Global Brands Group signs FIFA Official Store ag...
Global Brands Group, the exclusive worldwide Master Licensee of FIFA, today signed a four year deal with retail magnate Fawaz Alhokair and Company (JSC)). The company delivered a strong retail plan and pledged that in 2010 it will open 14 FIFA Official Stores in four key regions in the Middle East and North Africa: Kingdom of Saudi Arabia; Egypt; Lebanon, Syria and Jordan; and the GCC (United Arab Emirates, Kuwait, Bahrain, Oman and Qatar). In addition, a number of 2010 FIFA World Cup™ Official Event 'Shop in Shops' will be opened across the Middle East during the FIFA World Cup™ period this year. Fawaz Alhokair and Company (JSC) is currently responsible for approximately 70 international fashion brands across the Middle East and employs over 4,000 people in this sector. The company, which turns over SAR2 billion a year, will be opening three FIFA Official Flagship Stores in 2010. Riyadh will be the first place in the world to have a FIFA Official Flagship Store and further FIFA Official Flagship Stores will follow in the Middle East and North Africa over the next four years. These will be exceptional retail spaces, all over 1,000m² and set i...
