Coastcast Corporation reported sales for the fourth quarter of 2003 increased 25.6% to $10.2 million from $8.1 million in the year earlier quarter. The net loss for the quarter narrowed considerably to $574,000, or 8 cents per diluted share, versus a net
Author: James Hartford
Callaway Expands Trade In Program to Include Other Brands
Callaway Golf Company announced plans to expand its successful Trade In! Trade Up! program to include products from other golf brands. Acting on strong feedback from consumers and retailers, Trade In! Trade Up! will now make it easy for owners of other ma
NRF: Retail Execs Saw February Increases
The American consumer continued to shop and spend at high levels in February, according to the latest findings of the NRF Executive Opinion Survey, a monthly index by the National Retail Federation (NRF). The Retail Sector Performance Index (RSPI) dipped
Mavis to Oversee All Product at Brooks
Brooks Sports, Inc. has elevated Stan Mavis to senior vice president of product. Formerly senior vice president of apparel and accessories, Mavis will now take on new footwear management responsibilities to help Brooks leverage recent brand and category g
La Sportiva Lowers Prices on Rock-Climbing Shoes
La Sportiva is lowering wholesale/MSRP prices on all Italian-made rock shoes by 15% to 20%, as reported in The B.O.S.S. Report (BOSS_0405). This means the award-winning Testarossa, formerly $160, will now cost $130. The Venom, its slipper counterpa
Nike Makes U.S. Management Changes
Nike is apparently re-shuffling roles for some key managers in the U.S. market. Claire Hammill, formerly VP of U.S. Commerce and Retail is now VP/GM of New Business Development. Elliot Hill, Formerly VP of U.S. Retail is now VP of U.S. Commerce and Retai
Footstar File for Voluntary Chapter 11 Bankruptcy Protection
Footstar, Inc. has announced that it and substantially all of its subsidiaries filed voluntary petitions on March 2, 2004 with the U.S. Bankruptcy Court for the Southern District of New York in White Plains for reorganization under Chapter 11 of the U.S.
Dick’s SG Announces Finance Promotions
Dick's Sporting Goods, Inc. has announced that Jeffrey R. Hennion has been named to the position of Senior Vice President – Strategic Planning. In this newly created role, Mr. Hennion will be responsible for leading DKS' Strategic Planning and
Deckers Files to Sell Shares
Deckers Outdoor Corporation has filed a registration statement with the Securities and Exchange Commission for a proposed public offering of 3,500,000 shares of common stock consisting of 1,500,000 primary shares offered by the Company and 2,000,000 share
Genesco Q4 Net Up 21%; Journeys Comps Flat
Genesco Inc. reported net earnings for the fiscal 2004 fourth quarter were $16.9 million, or 77 cents per diluted share, compared with $14.0 million, or 55 cents per diluted share, in the year-ago period. Net sales for Q4 were $253 million compared to $25
Collegiate Pacific Inks Deal with Amazon.com
Collegiate Pacific has executed an agreement with Amazon.com. Under terms of the agreement, Collegiate Pacific will sell its products through the Amazon.com Sports & Outdoors store…
Forzani Cuts Full Year Earnings Forecast; Sees Q1 Momentum
The Forzani Group Ltd. reported that net earnings for the fourth quarter will be between C$0.46 and C$0.48 per share versus C$0.43 per share in the prior year. The company has revised its earnings guidance for the year ended February 1, 2004 to between C
WNBA and Russell Corporation Reach New Marketing Partnership
The Women's National Basketball Association and Russell Corporation have reached a new multi-year marketing partnership beginning with the 2004 WNBA season. The partnership will focus on the Women's Division of Russell Corporation, which include
Shoe Pavilion Swings to Profit in Q4 Despite Charge
Shoe Pavilion, Inc. reported net income of $24,000 for the fourth quarter ended January 3, 2004, compared to a net loss of $354,000 or ($.05) per share for the year-ago quarter. Net sales increased 7.6% in Q4 to $22.2 million from net sales of $20.7milli
Sport Supply Group to Voluntarily Delist Shares
Sport Supply Group, Inc. announced that it intends to voluntarily terminate the registration of its securities by filing a Form 15 with the Securities and Exchange Commission on March 5, 2004. SSG expects to realize significant cost savings as a result o
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