Drapeau Falls on Titanium Sword; Resigns Callaway Post

Callaway Golf Company on Monday announced the resignation of Ronald A. Drapeau as chairman and CEO of the company. Effective immediately, William C. Baker, Callaway Golf's longest-tenured member of the Board, will assume the COB and interim CEO role

O’Keefe Takes President Reins at Mountainsmith

Greg Thomsen, general manager of Pacifica, LTD, parent company of Mountainsmith and 105 Meridien, announced Monday the appointment of Geoff O'Keeffe as president of both divisions. Geoff will be responsible for all consumer products under the Mountai

Hot Tuna to be Re-Launched in U.S. Under New License

Hot Tuna USA, LLC, has acquired the master license and will re-launch the legendary Australian surf brand
Hot Tuna in North America for Spring 2005. Hot Tuna USA acquired the license in May 2004 and will retain the license for 20 years distributing the l

NSGA: Department Stores Taking Fitness Equipment Share

Department stores – most notably Sears – have increased their share of sales of the three most popular pieces of home exercise equipment, especially treadmills. An analysis of data contained in NSGA’s “Sporting Goods Market” reports shows department store

Everlast Expands Russia License; Adds Apparel

Everlast Worldwide Inc. has signed another licensing agreement with Sparta Ltd., a sporting goods and apparel manufacturer and distributor based in St. Petersburg, Russia. Sparta will expand its Everlast products to include men's, women's, and

Sporting Goods Drives Escalade Q2 Sales Gain

Escalade, Inc. reported that second quarter net sales of Escalade Sports' sporting good products rose 15.9% to $30.6 million, reflecting the inclusion of the Bear Archery acquisition for the full quarter and the “return to more normal shipping patter

Russell Corp. Organic Sales Up 3%; Earnings Up 52%

Russell Corporation reported fiscal 2004 second quarter earnings of $10.2 million, or 31 cents per diluted share, versus earnings of $6.7 million, or 20 cents per diluted share, in Q2 2003. Excluding the 8.5 cents gain from the sale of its interest in Ma

Brunswick Ups Guidance After Stellar Q2 Report

Brunswick Corporation reported that net earnings increased 68.0% to $90.1 million, or 93 cents per diluted share, for the second quarter, compared with net earnings of $53.6 million, or 59 cents per diluted share, for the year-ago quarter. Net sales incr

Target Corp. Sells Mervyn’s to Investment Group

Target Corporation has reached definitive agreements to sell its Mervyn's business unit to an investment consortium for approximately $1.65 billion in cash. In 2003, Mervyn's generated $3.6 billion in revenue and $160 million in pretax segment

Foot Locker Added to SandP MidCap 400 Index

Foot Locker Inc. will be added to the S&P MidCap 400 after the close of trading on Friday, July 30. Foot Locker will replace Oxford Health Plans Inc., which was removed from the Index after the close of trading on July 29. Oxford Health Plans is being acq

K-Swiss Sees Q2 Sales Decrease but Beats Earnings Estimate

K-Swiss reported that total worldwide revenues decreased 3.3% to $107.9 million for the second quarter of 2004 compared with $111.6 million in the prior-year period. Domestic revenues decreased 9.7% to $88.5 million in the Q2 and international revenues in

Camelbak Names Mahoney SVP of Operations

CamelBak Products, LLC has appointed Jim Mahoney as Senior Vice President of Operations. Mahoney will be responsible for all activities related to the flow of CamelBak products from manufacturing through distribution.
Mahoney moves to CamelBak from Missi