Author: James Hartford

The latest holiday eSpending Report from Goldman, Sachs & Co., Harris Interactive, and Nielsen//NetRatings revealed that online shoppers in the U.S. spent $23.2 billion during the 2004 holiday season, excluding travel. This reflects a 25 percent increase

Dan Gilbert, a former major shareholder of Rawlings that had loudly opposed the sale of the company to K2, Inc. and attempted to purchse the company himself, is leading an investor group that has agreed to buy the Cleveland Cavaliers from current owner Go

Brunswick Corporation has acquired Sea Pro Boats, Inc., and Sea Boss Boats, LLC, of Newberry, S.C., for approximately $51 million in cash. These entities produce the Sea Pro, Palmetto and Sea Boss brands of saltwater fishing boats. Additionally, there is

Russell Corporation has completed the acquisition, announced earlier this month, of Brooks Sports, Inc. for approximately $115 million cash. Fiscal- year 2004 sales for Brooks, which will operate as a subsidiary of Russell, are expected to be approximatel

Lacoste USA announced the seizure of counterfeit Lacoste apparel and other counterfeit Lacoste fashion items valued at more than $170,000 in raids it conducted at 21 locations across Puerto Rico. The counterfeit merchandise was seized from flea markets,

Tom Clarke has resigned from the Nike Inc. Board of Directors. Mr. Clarke, 53, will continue to serve the company in his current role as president of New Business Ventures. Clarke's departure makes room on the Board for Nike's new president and

Reebok and Lifetime Products Inc. have signed a partnership to develop a collection of new RBK basketball systems, including in-ground and residential portable equipment, backboards and rims. In addition, in early 2005 Reebok will be producing its own li

HEAD/Penn Racquet Sports announced several strategic organizational changes for the New Year. Jennifer Parker has been appointed Business Manager for Penn, effective immediately. HEAD/Penn is also restructuring its sales territories. Former Eastern Regi

adidas-Salomon has mandated an international banking syndicate to arrange an 800 million euro Revolving Credit Facility, which will serve as a replacement for the medium-term lines which the Group terminated in the summer of 2004. This measure will allow

Cabela's Incorporated announced that Theodore M. Armstrong has been appointed to Cabela's Board of Directors. Mr. Armstrong will also serve as a member of the Audit Committee and the Nominating and Corporate Governance Committee of the Board of

Great American Group, one of the nation's leading asset management firms, has commenced the orderly liquidation for The Athlete's Foot. Recognized across the country as a leading athletic shoe retailer, Athlete's Foot stores began store-clo

Dynamic Brands, the parent Company for The Bag Boy Company, The Baby Jogger Company and AMF Golf, has named Rebecca Villafan as Product Manager for Baby Jogger strollers. Villafan, who has been employed with The Baby Jogger Company since 1994, will overs

Brine will be the official sponsor of the inaugural First 4, an elite NCAA lacrosse invitational created to showcase the top Division I men’s college lacrosse programs, on March 12, 2005 at the Home Depot Center in Los Angeles, CA. Brine’s two-year contra

Oakley, Inc. and Luxottica Group, S.p.A. jointly announced they have agreed to a new contract, effective immediately. The new commercial agreement sets forth the terms of their relationship through December 31, 2005. The terms of the current agreement in