Wilson Sporting Goods Company, a wholly owned subsidiary of Amer Sports, has acquired Athletic Training Equipment Company, Inc. (ATEC), the world's leading manufacturer of pitching machines and training equipment, from Sport Supply Group Inc. Conside
Author: James Hartford
Goody’s Swings to Q3 Profit on 4.7% Sales Gain
Goody's Family Clothing, Inc. reported net earnings of $1.7 million, or $0.05 per diluted share, for the 13 weeks ended November 1, 2003; compared with a net loss of $3.1 million, or ($0.10) per share, for the year-ago period. Total sales for Q3 inc
Brown Shoe Exceeds Q3 Earnings Expectations
Brown Shoe Company, Inc. reported net earnings of $21,200,000 for the third fiscal quarter ended November 1, 2003, versus $21,022,000 for the year-ago quarter, a
0.8 percent increase. Earnings per diluted share were $1.13 on 18.7 million shares, versus $
Herb Biddle Retires as NBS President
Herb Biddle, President and CEO of Nation’s Best Sports since 1993, announced his retirement, which became effective on October 31, 2003. The NBS Board of Directors wishes Herb well in his future endeavors. Jim Chandley, Senior Vice President of Merchand
Warnaco Announces Resignation of Sportswear Group President
The Warnaco Group, Inc. has announced that John Kourakos has resigned for personal reasons. Kourakos has served as President of Warnaco's Sportswear Group since January 2002. The Company has begun a search for his successor, and Kourakos will contin
Sport Haley Q1 Loss Widens a Bit as Sales Increase 14%
Sport-Haley, Inc. reported a loss of $161,000 for the fiscal quarter ended September 30, 2003, or ($0.07) per share, as compared with a loss of $173,000, or ($0.06) per share, in the first quarter of the previous fiscal year. Net sales increased approxim
Broder Bros Pro Forma Income Falls 56% on 11% Sales Decline
The new combined entity resulting from the merger of Broder Bros. and Alpha Shirt Holdings reported or pro forma net sales for the third quarter declined 10.8% to $211.6 million compared to $237.2 million in the 2002 quarter. Pro forma income from operat
Volkl Adds Stowell to Run Ski Apparel Group
Nora Stowell has joined Völkl to head up its newly created performance ski apparel division. Stowell, who will be based out of Völkl’s New Hampshire headquarters, returns to the ski business following a three year stint within the apparel division at New
Nike to Expand Presence Again at Foot Locker
Nike, Inc. on Wednesday announced it plans to execute joint marketing programs with Foot Locker, Inc. to develop innovative retail presentations of Nike performance products at select Foot Locker, Inc. locations in the U.S., beginning with the Fall 2004 s
Vail Resorts Makes Senior Appointments
Vail Resorts, Inc. has announced two senior officer appointments, effective immediately. Jeffrey W. Jones, currently SVP/CFO of Vail Resorts Development Company, will become SVP/CFO of Vail Resorts, Inc. James P. Donohue, currently SVP/CFO of Vail Resor
Fila Promotes Lieberman to SVP Global Apparel
Sport Brands International has named Fila USA's current VP Apparel, Danny Lieberman as Senior Vice President Global Apparel for the brand. In his new role, Mr. Lieberman will supervise and coordinate Fila's global apparel design, development, p
Reebok Inks Alliance Deal with American Heart Association
Reebok International Ltd. has announced plans for a multi-faceted alliance with the American Heart Association (AHA) to increase public awareness and raise funds to fight heart disease, the #1 cause of death in America. With the help of the AHA, Reebok w
Saks Fifth Avenue Taps High Profile CEO
Retailer Saks Incorporated announced that Fred Wilson has been named President and Chief Executive Officer of Saks Fifth Avenue Enterprises. He will assume his duties at SFAE by January 1, 2004. Wilson, who is currently Chairman, President, and Chief Ex
Ross Stores Sees Q3 Net Income, Sales Grow 12%
Ross Stores, Inc. reported 2003 third quarter net earnings grew 12% to $50.5 million, or 65 cents per share, from $45.1 million, or 57 cents per share, in the year-ago period. Third quarter sales in 2003 grew 12% to $977 million from $870 million in Q3
Sake Inc. Q3 Earnings Jump on Extraordinary Charges
Saks Incorporated recorded net income of $12.4 million, or $.09 per share, for the third quarter ended November 1, 2003, compared to net income of $1.9 million, or $.01 per share, last year. For the third quarter, total sales grew 4.3%, and comparable st