Cybex International, Inc. has received the Fitness Management Nova7 supplier award for best product of the year 2003 for its Cybex Arc Trainer…
Author: James Hartford
Collegiate Pacific Closes Kesslers Team Sports Deal
Collegiate Pacific has closed the acquisition of Indiana-based Kesslers Team Sports, a profitable, $30 million revenue-based company specializing in the distribution of team sports products with a primary emphasis on name brand, team uniforms and apparel.
The Athlete’s Foot Taps Master Franchisee for Trinidad and Tobago
The Athlete's Foot has formalized an agreement with Jagasons Limited, a Republic of Trinidad and Tobago corporation, to become The Athlete's Foot's master franchisee for Trinidad and Tobago. The company projects a minimum of six openings ov
LiquidGolf to Acquire Marlin Bass Sportswear
LiquidGolf Holding Corporation announced the execution of a Letter of Intent to acquire Marlin Bass Sportswear, LLC. The Letter of Intent, which was executed by both parties, provides for the negotiation of the final purchase and sell terms, is non-bindi
Kohl’s Realigns Merchant Executive Team
Kohl's Department Stores has outlined key initiatives of its strategic objective to realign its merchandise executive team. The company will move from two to three executive vice presidents-general merchandise managers, effective immediately. In add
Cutter and Buck Adds Marketing Chief; Fielding Departs
Cutter & Buck Inc. has appointed Tom Danowski to the new position of VP and Manager of the Marketing Group. Danowski was recently a business development and branding consultant to national marketers and retailers after serving as COO and Chief Marketing
LiquidGolf Executes LOI with Youngor Golf
LiquidGolf Holding Corporation has executed a Letter of Intent to develop the golf equipment and apparel strategy for Youngor Group's 160 retail stores in China, and the distribution of Youngor Golf products in North America, Europe and South America
G-III Narrows Fiscal Q4 Loss on 27.7% Sales Decline
G-III Apparel Group, Ltd. reported that net sales for the fourth quarter ended January 31 declined 27.7% to $34.5 million, compared to $47.7 million during the same period last year. The Company reported a net loss of $3.1 million, or ($0.44) per share, f
CPSC Fines Lifetime $800,000 in Hoop Defect Action
The U.S. Consumer Product Safety Commission announced Lifetime Products Inc. has agreed to pay $800,000 civil penalty for not reporting a bolt on the stand's base that had caused numerous injuries…
Everlast Posts Q4 Loss on Restructuring; Sales Down 8.2%
Everlast Worldwide Inc. reported that net sales for the 2003 fourth quarter declined 8.2% to $16.7 million compared to reported net sales of $18.2 million in Q4 2002. Net licensing revenues advanced 40.6% to $1.8 million vs. $1.3 million in the 2002 perio
CLI Taps Pentland as U.K. Airwalk Licensee
Collective Licensing International, LLC has entered into a licensing agreement with British-based Pentland to license the Airwalk® brand in the U.K. and Ireland. Under the new agreement, Pentland will serve as the master licensee for the Airwalk® brand an
Pro Golf of America Appoints Special Projects VP
Pro Golf of America has appointed Jerry K. Jensen as Vice-President, Special Products of Pro Golf of America. In this new position, Mr. Jensen will be in charge of the launches of both the new MBNA Pro Golf MasterCard and Palm
Springs Country Club, manage
SGMA: Sneakers Prices Steady in 2003; Athletic Outperforms Total Footwear Business
Relentless pressure by consumers for lower-priced athletic footwear abated somewhat in 2003, according to research by The NPD Group. Total spending increased 4.2%, from $15.7 billion to $16.4 billion, while total pairs purchased rose 4.6%, with the averag
Shawn Neville Exits as Footstar Athletic Chief
Footstar, Inc. announced Friday that Shawn Neville, President and CEO of Footstar's Athletic segment is no longer with the Company. Mr. Neville's responsibilities have been assumed by a team of executives including Mark Lardie, SVP-GMM, Jodi Joh
Stride Rite Fiscal Q1 Earnings Down 14.8% as Sales Decline 11% for Quarter
The Stride Rite Corporation reported sales for the first quarter of fiscal 2004 decreased 11% to $136.1 million from $152.3 million in the comparable period of fiscal 2003. Net income for the first quarter totaled $7.5 million or $.19 per diluted share, a
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