K2 Inc. announced Wednesday that it has completed the acquisition of 100% of the stock of Worth, Inc. The Company also announced that Robert Parish, chief executive officer of Worth, Inc. has been appointed President of Rawlings Sporting Goods, a wholly
Author: James Hartford
Aldila JV Company To Sell Assets
Aldila, Inc. announced Wednesday that Carbon Fiber Technology LLC (“CFT”), a joint venture limited liability company owned by it and its joint venture partner, has signed a non-binding letter of interest to sell selected assets, including property, plant,
Vans Sees Fiscal Q1 Earnings Beating Forecast
Vans, Inc. said it expects diluted earnings per share from continuing operations for the first quarter of fiscal 2004 to be approximately $0.15 to $0.18 above its previous guidance of $0.58 for the base business (excluding skateparks expected to be closed
MacGregor Golf Re-Acquires Japan Subsidiary
Suntory Ltd. said Wednesday it will sell all of its shares in its subsidiary MacGregor Golf Japan Ltd. to U.S.-based MacGregor Golf Co. before the end of the month. The terms of the deal were not released.
Noland Appointed CFO for Fila USA
Fila USA CEO Tom O'Riordan has appointed Fila USA Vice President – Controller Sharon Noland to Chief Financial Officer. In her new role, Mrs. Noland will assume responsibility for all financial areas including Tax, Financial Planning and Reporting,
Wilson Makes Sales Territory Changes
Wilson Racquet Sports announced that Chris Merrill, a Wilson rep for five years in Atlanta is moving back to the Los Angeles area to take over the territory left by Chris Hefter. Taking Merrill’s place is Jim Haneklau. Haneklau has been in the industry f
Callaway Promotes Hutin to President/COO
Callaway Golf Company has promoted Patrice Hutin to the position of President and Chief Operating Officer, effective immediately. Mr. Hutin, who previously was the Company's Executive Vice President of Global Sales and Advertising, will report to Cal
Bon-Ton Acquires Elder-Beerman for $8/Share
The Bon-Ton Stores, Inc. has entered into a definitive merger agreement providing for The Bon-Ton's acquisition of The Elder-Beerman Stores Corp. at a price of $8.00 per share in cash…
Brunswick Corp. Reaffirms Q3, Year Guidance
Brunswick Corporation senior management, in a meeting with envestors on Tuesday, reviewed the company's strategic objectives and growth prospects and confirmed the company's previously announced earnings estimates for the third quarter of 2003 a
Nautilus Now Featured in Amazon Sporting Goods Store
The Nautilus Group, Inc. announced that the Nautilus Group's line of branded fitness products will be available in Amazon.com's new Sporting Goods store. Amazon.com's Sporting Goods store will feature all Nautilus, Schwinn Fitness, StairMa
NRF Projects 5.7% Holiday Sales Growth
Citing “several strong months of retail sales growth”, the National Retail Federation said total holiday retail sales are projected to grow by 5.7% over last holiday, bringing holiday spending to $217.4 bn. The increase would be twice the rate of growth
SGMA Sees Decline in Japan Sports Retail Market
The Japanese like to play golf, go fishing, and enjoy the great outdoors. At least, that's where they are spending their discretionary money. That's the underlying theme of recent statistics released to SGMA International by the Association of
Avendra Group to Feature Ping Apparel
The Ping Collection, an apparel brand designed and manufactured by Perry Ellis International Inc., will make available its spring 2004 line through selective Avendra golf shop operations…
Callaway Closes Top-Flite Acquisition
Callaway Golf Company announced Monday it has completed its transaction for the purchase of substantially all of the assets of the Top-Flite Golf Company. The closing took place at the New York law offices of Paul, Weiss, Rifkind, Wharton and Garrison…
Varsity Brands Gets Approval to Go Private
Varsity Brands, Inc. on Mopnday announced that a majority of its stockholders have approved the proposed acquisition of Varsity by an affiliate of Leonard Green & Partners, L.P. and Varsity senior management…
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