Genesco Acquires Hatworld in $165 Million Deal

Genesco Inc. and Hat World Corporation they have signed a definitive agreement whereby Genesco will acquire Hat World, a leading specialty retailer of licensed and branded headwear. The total purchase price for Hat World will be $165 million, subject to a

Hibbett Posts 8.3% Comp Store Sales Gain for Q4

Hibbett Sporting Goods, Inc. reported net sales for the 13-week period ended January 31, 2004 increased 20.8% to $91.2 million, a new Company record, compared with $75.5 million for the 13-week period ended February 1, 2003. Comparable store sales for the

Gander Mountain Files Papers to Go Public

Gander Mountain on Thursday filed its S-1 with the U.S. Securities and Exchange Commission for an Initial Public Offering. The IPO, which is expected to raise $86.25 million for the Outdoor superstore chain, has been widely expected for some time to suppo

Wolverine Q4 Net Income Up 9.5% on 8.2% Sales Increase

Wolverine World Wide, Inc. reported record earnings for its fourth quarter and 2003 fiscal year, marking its third consecutive year of record results. The Company achieved record revenue totaling $888.9 million for its 2003
fiscal year ended on January 3

Martin Coles Resigns as President of Reebok Brand

Jay Margolis, president and COO of Reebok International Ltd., has assumed the daily responsibilities of leading the Reebok brand following the resignation of Martin Coles, presindent of the Reebok Brand, who cited personal reasons for his decision. As a r

Bill Dodge Appointed Marketing Manager for Dunham

Dunham has announced that Bill Dodge will assume the role of Marketing Manager for the brand. In this new role, Dodge will be responsible for all aspects of the Dunham product development team including product marketing, research and development, and des

Huffy in Ball Deal with New Indoor Soccer League

Huffy Sports Company recently signed a four-year deal with the National Soccer League, a professional, indoor soccer league beginning play in June 2006, to become the official game-day ball provider. Under terms of the agreement, Huffy Sports will also p

True Temper Sold to Gilbert Equity Partners

Cornerstone Equity Investors has signed an agreement to sell its investment in True Temper Corporation to management, and Gilbert Global Equity Partners and related entities. The specific terms of the agreement were not disclosed; however, the deal is exp

Timberland Q4 Net Income Jumps 46% on Strong Global Growth

The Timberland Company reported fourth quarter net income of $39.5 million, or $1.10 per per diluted share, compared with net income of $27.1 million, 73 cents per per diluted share, in the year-ago quarter 2002. Fourth quarter revenue increased 16.4% to

JFF Probe Claims Two More Industry Execs…

Tom Shine, currenly Reebok’s SVP for Sports Marketing, is the latest to plead guilty in the federal probe of Just for Feet. The incident occurred when Shine was president of Logo Athletic, which was acquired by Reebok in 2001 and became its On-Field divi