The Athlete’s Foot management team has purchased Group Rallye’s interest in The Athlete’s Foot. Robert J. Corliss, a retail industry veteran and president and CEO of The Athlete's Foot, along with members of the senior management team led the acquis
Author: James Hartford
Johnson Outdoors Nabs $42.9 Million Military Tent Order
Johnson Outdoors Inc., maker of Eureka!Tents, has been awarded a $42.9 million urgent need military tent order. The government order calls for delivery of 6,500 modular general purpose tent systems (MGPTS) over the next 15 months. This is the second time
REI Again Named to Fortune Best Place to Work List
Recreational Equipment, Inc. has been ranked 24th among the “100 Best Companies to Work For” by FORTUNE magazine, and is one of only eight companies to have been included on each of the magazine lists and two book versions…
Unifi Updates Timetable for Kaiping JV Deal
Unifi, Inc. announced that discussions related to a joint venture with Kaiping Polyester Enterprises Group (“Kaiping”) are continuing into 2004. The company originally announced that negotiations were expected to conclude by the end of calendar 2003…
Collegiate Pacific Executes New Credit Facility
Collegiate Pacific stated that it has executed a long-term, commercial banking agreement with Merrill Lynch Business Services…
TJX Completes Acquisition of Bob’s Stores
The TJX Companies, Inc. has completed its acquisition of Bob's Stores. TJX has purchased substantially all of the assets of Bob's Stores and its subsidiaries and assumed leases for 31 of Bob's Stores' locations, its office and warehou
GolfGear Announces Resignation Of Suspended CEO
On Dec. 18, 2003, pending completion of an investigation into possible violations of his employment contract and fiduciary duties, Donald A. Anderson tendered his resignation as a member of the Board of Directors of GolfGear International Inc. The follow
Vail Resorts, Intrawest to Divide Assets of Keystone Partnership
Vail Resorts, Inc. announced it has reached an amicable agreement with Intrawest Corporation to divide the remaining developable assets, to jointly liquidate remaining partnership inventory, and ultimately to dissolve the Keystone development partnership
Broder Bros. Lays Out Merged Management Team
Broder Bros., Co. announced the appointment of Vince Tyra as President and CEO, and David Hollister as Senior Vice President and CFO. On December 5, it was announced Allen H. Menard, CEO, resigned for personal reasons. The company also announced Tom Fran
Martin’s Golf and Tennis Superstores Acquired
Golf and Tennis Pro Shop (GTPS) has entered into a letter of intent to acquire the three Martin's Golf and Tennis Superstores located in Myrtle Beach, South Carolina. This transaction is subject to the negotiation and completion of a definitive agree
Fanbuzz to Operate Celtics Online Store
The Boston Celtics has entered into an e-commerce agreement with FanBuzz. As part of the agreement, FanBuzz' services include Web site development, back-end fulfillment and customer care for the private-label Boston Celtics online store at www.celtic
K-Swiss Terminates National Geographic Deal
K-Swiss Inc. has announced it has agreed with National Geographic to end their license agreement to develop and market a collection of National Geographic outdoor-oriented and casual footwear. The company had previously accrued $4.3 million for anticipat
Forzani Opens New Office, Consolidates Warehouse Ops
The Forzani Group Ltd. recently announced the opening of new office facilities near its current location in Laval, Quebec and has incorporated space for the large trade shows it hosts regularly for suppliers and Franchise owners. Concurrent with this ann
Federated Names New Burdines President and COO
Federated Department Stores, Inc. has named Nirmal K. “Trip” Tripathy as president and chief operating officer of its Miami-based Burdines division, effective immediately. The position of Burdines president/chief operating officer has been vacant since Mi
Russell Licenses Big and Tall Market to Profile
Russell Athletic has reached an agreement in principal on a four-year license with Profile, a division of the Waitex Group, to merchandise and distribute a Big and Tall program under the Russell Athletic brand name. The license will run through 2007…
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