Saucony, Inc. reported that fourth quarter net income increased 83% to $1.5 million, compared to $806,000 in the fourth quarter of 2002. Diluted EPS increased to $0.21 per Class A share and $0.24 per Class B share in Q4, compared to diluted EPS of $0.12 p
Author: James Hartford
Nautilus CEO Consolidates Control; Founder to Retire
The Nautilus Group, Inc. has announced that Chairman Brian Cook will retire effective March 1st, 2004 from his position as Chairman and member of the Board of Directors. Gregg Hammann, President and Chief Executive Officer, has been elected to assume the
Dynasty Apparel Appoints New VP of Sales
Dynasty Apparel has named Hector Rodriguez as Vice President of Sales. He will oversea all aspects of the team licensed divison. He will also identify new business opportunities that will extend and maximize Dynasty's growth plans. Hector was VP of
SSK Japan Inks Exclusive U.S. Distribution Deal with SKS Sports
SSK Japan has announced a new agreement with SKS Sports America,Inc. providing the company with an exclusive licensing and distribution agreement for the SSK product line in the United States…
Sports Group International Appoints New Search Consultant
Sports Group International, an executive search firm serving recreational products companies and services organizations, announced the appointment of D.J. Kazmierczak as Executive Search Consultant. Kazmierczak will be responsible for serving organization
Schutt Sports in Sponsor Deal with State Association
Schutt Sports and the Illinois High School Association have announced that the “Official Rim of IHSA Basketball” is being manufactured by Schutt. The company is now sponsor of the Schutt Sports Slam Dunk Spectacular competition held in conjunction with t
Brass Eagle Settles Patent Infringement Suit
Pursuit Marketing Inc. announced the settlement of the R.P.Sherer, PMI lawsuit against Arkansas based Brass Eagle Inc., for infringement of three patents covering the process involved to produce Marballizer brand of paintballs and a trade dress infringeme
Chains Again Outpace Market in STD SnowSports Sales
Overall sales for the entire winter sport market (including specialty and chain stores), increased slightly by 1.47% in dollars to $1.35 billion compared to $1.33 billion in 2002 for the holiday period of August through December according to the SnowSport
SnowSports Sales at Specialty Lag Industry as Average Prices Fall
According to the SnowSports Industries America Retail Audit, sales at specialty ski and snowboard shops were up 1.1% for the August through December period compared to last season. In dollars, that translates to $1.06 billion in sales compared to $1.05 bi
SGMA: Sports Licensed Products Sales Surging
Sports licensed products retail sales in the U.S. and Canada rose 7% in 2003 over 2002 to reach $12.1 billion. The increase since 2001 has been an impressive 15%. Sales outside the U.S. represented less than 10% of total sales in 1998, but rose to 20% i
Escalade Sports 2003 Earnings Up 15% on 10% Sales Gain
Escalade, Incorporated reported that annual net sales at Escalade Sports increased 10% over the prior year to $139.3 million, but for the fourth quarter net sales declined 1.5% compared to the previous year. However, net income for the fourth quarter incr
Footstar Gets Another Bank Extension; Warns of Chapter 11 Possibility
Footstar, Inc. reported that it has received a waiver and extension until February 27, 2004 of the requirement to provide financial statements to the syndicate of banks, led by Fleet National Bank, that provide the Company's $345 million senior secur
Russell Reports Flat Q4 Net Income on Charges; Net Sales Dip 2.0%
Russell Corporation reported fiscal 2003-fourth quarter net income of $14.5 million, or 44 cents per diluted share, compared to $14.5 million, or 45 cents per diluted share, in the prior year. Excluding certain one-time charges, net income in Q4 would hav
LaCrosse Posts 35% Profit Gain in Q4 on 5.8% Sales Increase
LaCrosse Footwear, Inc. reported consolidated net sales increased to $27.3 million, from $25.8 million in the fourth quarter of 2002, an increase of 5.8%. Consolidated net income increased to $1.1 million, or $0.19 per share, compared to consolidated net
The Finish Line Promotes Two Executives
The Finish Line, Inc. announced that Al Goizueta has been promoted to Vice President of Stores and Mike McCall has been promoted to Regional Vice President…