The Bon-Ton Stores, Inc. has completed its tender offer for all outstanding shares of common stock of The Elder-Beerman Stores Corp. at a price of $8.00 per share in cash…
Author: James Hartford
Carver Launches Sourcing Resource Group
Art Carver, a former footwear executive with Reebok, Global Sports and Vans, announced the formation of Sourcing Resource Group, Inc. The company, SRG, represents a group of footwear factories in China and the Philippines that manufacture for leading athl
Easton Sports Inks Deal with Hockey Canada
Easton Sports and Hockey Canada, governing body of the sport of hockey in Canada, announced a partnership wherein Easton will become an official equipment supplier of Hockey Canada through 2008. Agreeing to a comprehensive four-year deal, Easton will be
Wilson Shakes Up Management Team Once Again
John Embree, VP of Sales for Wilson Golf and Racquet Sports, has resigned from Wilson after 17 years with the company. He will be replaced by Rick Kerpsack, previously Business Director of Tennis Balls. Additionally, Antoine Ballon, who is currently Mark
SGMA Raquetball Group Hires Coordinator
The racquetball industry is taking steps to increase its visibility. To achieve this objective, the SGMA’s Racquetball Manufacturers Council (RMC) has hired Dave George of San Bruno, California, as its Project Coordinator…
Sport Casuals Names Bua Sales Chief
Sport Casuals, Inc., the Private Label Apparel Design and Sourcing company, has appointed Jeff Bua as Senior Vice President of sales and business development…
Another Textile Giant to Emerge…
On the heels of Malden’s exit from Chapter 11, Burlington Industries creditors approved the acquisition of the company by takeover king WL Ross & Co. LLC, enabling the company to emerge from bankruptcy protection on November 10, 2003. The majority of cur
Russell Looks Outside to Boost Artwear Business
Russell Corporation has elected Julio A. Barea SVP of the company and CEO for the domestic activewear business. Barea, who will officially join the company October 27, will be responsible for Russell's artwear and mass retail businesses. He will rep
Fotoball Swings to Q3 Loss on 26% Sales Decline
Fotoball USA Inc. reported net sales for the third quarter of 2003 were $8.2 million with a net loss per diluted common share of ($0.01) versus third quarter of 2002 net sales of $11.1 million with a net income of $0.07 per diluted common share. The pre-t
Brunswick Q3 Net Income Surges 61% on 15% Sales Gain
Brunswick Corporation announced today a 58% increase in diluted earnings per share on a 15% sales gain and a 32% increase in operating earnings in the third quarter of 2003. Diluted earnings per share rose to $0.41 compared with $0.26 per diluted share f
Escalade Sports Sees 22% Q3 Sales Increase
Escalade, Inc. announced that net sales for the quarter third increased 42% to $73,660,000 and net income increased 48% to $6,125,000 or 95 cents per share versus 64 cents for the same quarter last year. Net sales at Escalade Sports increased 22% for the
K-Swiss Has Another Classic Quarter; Profits Up 85%
K-Swiss saw total worldwide revenues for the third quarter increase 49.0% to $121.6 million compared with $81.6 million in the prior-year period. Domestic revenues increased 52.6% to $105.5 million and international revenues increased 29.1% to $16.1 milli
Coastcast Narrows Q3 Loss on Lower Sales
Coastcast Corporation reported sales for the third quarter of 2003 were $11.0 million vs. $12.4 million. The net loss for the quarter was ($1.6 million) vs. ($4.6 million), and diluted loss per share was ($0.20) vs. ($0.60). Three directors have resigne
Reebok Q3 Earnings Up 19% on 14% Revenue Gain
Reebok International Ltd. reported net income for the third quarter ended September 30, 2003 of $63 million or $.96 per diluted share, an earnings per share increase of 19% when compared to net income of $53 million, or $.81 per diluted share in the third
Reebok Inks Endorsement Deal with Yao Ming
Reebok International has signed a multi-year partnership with basketball phenom Yao Ming, the 7'5″, 23-year-old native of Shanghai, China. Reebok is developing a globally integrated marketing program for Yao, which will include a global print and te
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