The Finish Line, Inc. reported that net sales for the fiscal first quarter ended May 29 increased 24% to $258.0 million compared to $207.8 million reported for the year-ago period. Comparable store net sales increased 14% for Q1 on top of a 14% increase r
Author: James Hartford
Appeals Court Backs Nautilus in ICON Action
The United States Court of Appeals for the Federal Circuit ruled in favor of The Nautilus Group Inc. in its suit against ICON Heath & Fitness, Inc. by affirming the grant of a preliminary injunction as previously granted by the Federal District Court. As
Jordan Brand Adds Two Apparel Industry Vets
Jordan, a division of Nike, Inc. has appointed apparel industry veterans Fran Boller as the new Business Director of Apparel and Gemo Wong as Apparel Design Director. In their new roles, Boller will oversee the overall design, development and merchandisin
NRF: Consumers Welcome RFID Benefits
Retail customers appear open to the use of Radio Frequency Identification as long as they are aware of it, according to a study reissued before a recent RFID Workshop hosted by the Federal Trade Commission. Conducted for the National Retail Federation by
ITECH in Sponsorship Deal with Junior Hockey League
ITECH Hockey has signed a three year agreement with the Saskatchewan Junior Hockey League (SJHL) to become the League’s Exclusive Helmet and Facial Protection. The agreement will commence with the 2004/05 season and continue through to the 2006/07 season
Life Fitness Names VP Strategic Planning / Biz Dev
Life Fitness recently named Matthew J. Johnson vice president of strategic planning and business development. Johnson is responsible for implementing the company’s long-term strategic plan, spearheading new market initiatives, and driving new business dev
Magic Johnson to Put Name on Product Again
Earvin “Magic Johnson” has reportedly partnered with BASH Sports, LLC in Irvine, CA to launch a new line of basketball footwear and apparel bearing the name Magic32. Johnson's signature line, which is expected to start delivery for Holiday '04
Shanley and Team Leave Wells Fargo for SIG
John J. Shanley is leaving Wells Fargo Securities to join Susquehanna International Group, LLP. SIG said Shanley will join its sell-side research team, covering athletic footwear and apparel. Mr. Shanley brings more than twenty years of experience in the
Yue Yuen and Luen Thai in Apparel Joint Venture
Two industry giants, Yue Yuen Industrial (Holdings)
Limited and Luen Thai Holdings Limited , have formed a strategic alliance with the objective to “explore the promising sports apparel market”. The joint venture, Yuen Thai Industrial Co. Ltd, which is 5
Collegiate Pacific to Acquire Dixie Sporting Goods
Collegiate Pacific Inc. has executed a letter of intent to acquire Dixie Sporting Goods – the Nation's largest independent team sports distributor. Kesslers Team Sports – formerly the nation's largest independent team sports distributor – was a
adidas-Salomon Acquires Valley Apparel
adidas-Salomon AG has acquired Valley Apparel Company of Cedar Rapids, Iowa, a producer and distributor of collegiate and professional league apparel and accessories.
Valley specializes in serving small- to mid-size retailers, such as sporting goods store
Cragie Lands CEO Post at Church and Dwight
Church & Dwight Co., Inc. announced that James R. Craigie, former CEO of Spalding Sports, has been elected President, CEO and a member of the Board of Directors, effective July 6, 2004. He succeeds Robert A. Davies, III, who will continue as an active Cha
Three Form New ‘Western Team Dealers’ Group
Baum's Sporting Goods, Chick's Sporting Goods and Sportco Sporting Goods have joined together to form a new organization to be known as “Western Team Dealers” (WTD). The purpose of the organization will be to “enhance and
coordinate some of thei
Pony Doin’ it Doggie Style with New Snoop Deal
Pony International, a wholly owned subsidiary of GBMI, has inked an exclusive partnership with entertainment and pop cultural icon Snoop Dogg. The Snoop Dogg Collection by Pony called “The One and Only” will be a creative fusion of Snoop’s signature west
K2 to Add to Winter Portfolio with Three Acquisitions
K2, Inc. will acquire two ski brands and an outdoor brand in deals worth approximately $200 million plus debt assumption. Volkl Sports Holding AG, The Marker Group and Marmot Mountain Ltd. are expected to become wholly owned subsidiaries of K2 through tr
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