NIKE, Inc. announced the appointment of five executives to key posts. Tom Arndorfer has been appointed as Vice President and Chief Financial Officer of Nike USA; Jim Carter as Vice President, General Counsel; Adam Helfant as Vice President of U.S. Sports
Author: James Hartford
Collegiate Pacific Fiscal 2003 Income Up 56% on 25% Sales Gain
Collegiate Pacific reported revenues for its fiscal year 2003 rose 25% to $21 million while net income jumped 56% to $1.2 million, or 30 cents per diluted share. BOO is projecting that revenues for the 2004-2006 periods will be approximately $26 million,
West Marine August Comps Up 1.1%
West Marine, Inc. reported that net sales for the four weeks ended August 23, 2003 were $59.2 million, a 26.5% increase from net sales of $46.8 million for the same period a year ago. Comparable store sales increased 1.1% from the same period a year ago..
New Era Cap Renews NBA Licensing Deal
New Era Cap Company has signed a two-year licensing agreement with the National Basketball Association. The agreement, which runs through September 2005, provides New Era with manufacturing and marketing rights in such key product lines as the Hardwood C
adidas Signs Young Sprinter to Endorsement Deal
adidas has signed sprinter Allyson Felix, the 2003 Gatorade Female Athlete of the Year, to a product endoresemnt and marketing deal. Felix has gone from a nationally ranked junior, to a competitor at the World Championships. Earlier this year, Felix ach
Malden Extends Emerge Date; CEO Looks for Buyback Help
Malden Mills has filed for an extension in its bid to emerge from bankruptcy to give CEO Aaron Feuerstein more time to raise the funds necessary to buy back controlling interest in the company. It now looks like September 10th is the target day to exit C
Gart Q2 Net Income Falls 17% on Merger Costs, Lower Comps
The new Sports Authority, Inc. reported Q2 results for the Gart portion of the business only, stating that the quarter is a “lost quarter” for the former TSA business. Combined company results for the new Sports Authority will be provided beginning with
HS Trask Granted License for Ducks Unlimited Footwear
Phoenix Footwear Group, Inc. has been assigned a licensing agreement with Ducks Unlimited, Inc., the world's largest wetlands and waterfowl conservation organization, for promotion and distribution of a Ducks Unlimited line of casual men's footw
Forzani Q2 Net Income Up 10.2% on Flat Comps
The Forzani Group Ltd. reported that retail system sales for the second quarter of fiscal 2004 grew 7.5% to C$262.7 million ($183.0 million) compared to C$244.3 million ($156.2 million) for the same period of the previous year. Combined revenues from corp
Vaccaro Resigns from adidas
Published reports late last week indicate that Sonny Vaccaro, adidas’ director of basketball, has resigned from the company. The move furthers impacts the floundering adidas basketball program that has lost quite a bit of share to resurgent Reebok and ot
SGMA: U.S. Sporting Goods H1 Imports See Robust Growth
According to SGMA International’s analysis of data from the U.S. Commerce Department, sporting goods imports for the first half of 2003 compared to 2002 increased by 8.8% . In 2002, imports had declined by 1.5% compared with 2001…
Galyan’s Reports Q2 Loss on Weaker Margins, Poor Weather
Galyan's Trading Post reported a second quarter 2003 GAAP net loss of ($186,000), or ($0.01) per share on a fully diluted basis, compared with net earnings of $3.9 million, or $0.22 per share, on a fully diluted basis in the year-ago period. Account
Genesco Sees Q2 Loss; Only Station Posts Comp Gain
Genesco Inc. reported a net loss of $891,000, or ($0.04) per share, for the second quarter ended August 2, 2003, compared with net earnings of $4.0 million, or $0.17 per diluted share, for the second quarter last year. Net sales for the quarter were $179
Foot Locker Q2 Net Income Up 14% Despite 4.4% Comp Store Decline
Foot Locker, Inc. reported that second quarter income from continuing operations increased 14% to $0.25 per share, or $37 million, from $0.22 per share, or $33 million last year. For the 13-week second quarter period, sales increased 3.5% to $1,123 millio
SGAA August Rep News
SGAA Rep News for August includes:
- NESSA Awards Singiser Lifetime Achievement Award
- Fall SPORTRADE is a sell out
- Brooks awards Rookie of the Year and Team Saleman awards to Keane, Saunders reps
- Wenzel awards Olles Rep of Year
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