Brockway Moran & Partners, Inc., a Florida-based private equity firm, has signed a definitive agreement to sell Gold's Gym International, Inc. to a group led by TRT Holdings, Inc., a privately-owned, diversified holding company whose assets include t
Author: James Hartford
Ajay Taps Oil Exec to Run Pro Golf America
Ajay Sports, Inc. announced the election of Brian T. Donnelly as President & COO of Pro Golf of America, Inc. and Ajay Sports, et.al., effective immediately. Most recently, Donnelly was President & COO of Atlas Oil Company / Fast Track Ventures spent ten
Nautilus Group Shakes Up Management Team
The Nautilus Group, Inc. announced its shareholders elected all seven current members of the Board of Directors to serve until the 2005 annual shareholder meeting. The Board also formally announced several key executive officer additions and promotions.
Cherokee Sees Fiscal Q1 Return on Sales at 45%
Cherokee Inc. reported net revenues for the three months ended May 1, 2004 rose 1.4% to $12.2 million, compared to revenues of $12.0 million in the comparable period last year. Net earnings for the quarter increased to $5.5 million or 64 cents per dilute
Rodolfo to Run Callaway Apparel Design for Ashworth
Ashworth, Inc. announced that Joey Rodolfo has joined the Company as Vice President of Design, Callaway Golf apparel division. After early stints at Catalina Swimwear and Union Bay, Rodolfo co-Founded Cutter & Buck as Senior Vice President and Creative D
Acushnet Parent Ups Q2 Earnings Guidance
In remarks prepared for delivery Wednesday at the Piper Jaffray Consumer Conference in New York, Fortune Brands chairman & CEO Norm Wesley said that second quarter EPS before charges/gains will be near the top of analysts' estimated range, delivering
Russell Corp. Names New Board Member
The Board of Directors of Russell Corporation announced that Arnold W. Donald has been named to the company board. Donald is chairman of Merisant Company, a world- leader in the manufacture and marketing of low-calorie sweeteners, including Equal(R) and C
May Company to Acquire Marshall Field’s in $3.24 Billion Deal
The May Department Stores Company has entered into a definitive agreement to acquire the Marshall Field's department store group and nine Mervyn's store locations in the Twin Cities area from Target Corporation for a total consideration of $3.24
Variflex Fiscal Q3 Earning Up 18% on 8% Sales Gain
Variflex, Inc. reported an 18% increase in net income for the for the third fiscal quarter ended April 30, 2004 to $1.6 million, or 32 cents per diluted share, compared to net income of $1.3 million, or 29 cents per diluted share, for the third quarter of
USOC Taps Footlocker.com to Run Online Store
The United States Olympic Committee (USOC) announced that it has signed an agreement with Footlocker.com to manage the official on-line store and design the official catalog of the U.S. Olympic Team for the 2004, 2006 and 2008 Olympic and Olympic Winter G
Neville Named President of Stride Rite’s Keds Division
Shawn Neville will join Stride Rite Corporation as president of Keds, effective July 7, 2004. Most recently, Neville was president & CEO of Footstar's athletic division, including the management of Footaction, USA and Just for Feet. Previously, he w
Retail Ventures Narrows Q1 Loss on 9.8% Sales Gain
Retail Ventures, Inc. announced net sales for the first quarter ended May 1, 2004 increased 9.8% to $646.3 million from $588.5 million for the 2003. Comparable store sales for the thirteen-week period increased 4.2% when compared to the same period last
Sportcraft in Recall of Tredex Treadmills
Sportcraft Ltd, in coorperation with the CPSC, is voluntarily recalling 320 units of the Tredex 10.0 treadmill. The product was said to have been sold primarily through Dick's Sporting Goods from January 2004 through March 2004 for between $500 and
adidas Extends French Soccer Federation Partnership Deal
The Fédération Française de Football (FFF) and adidas announced that they have extended their partnership agreement until 2010. The French Football Federation currently holds the second place in the FIFA World Ranking and is the defending European Champio
Cabela’s Prices IPO Range; May Net North of $93 Million
Cabela's Inc. on Monday set the range for its pending IPO at an estimated price between $15 and $17 per share. The company plans to offer 9.375 million shares, netting the company between $93.75 million and $106.25 million. Selling shareholders wil
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