Author: James Hartford

The Stride Rite Corporation reported net sales for the second quarter of fiscal 2003 were $154.3 million, a 1% decrease from the $156.5 million in the comparable period of fiscal 2002. Net income for the quarter totaled $11.2 million, 3% lower than the $

Tommy Hilfiger Licensing, Inc. has announced an extension for the United States through March 2007 of its footwear licensing agreement with The Stride Rite Corporation. Stride Rite and Tommy Hilfiger have created a comprehensive footwear program that incl

The Elder-Beerman Stores Corp. announced Thursday that it has entered into a definitive merger agreement providing for the sale of the company to Wright Holdings, Inc., a company formed by Goldner Hawn Johnson & Morrison Incorporated. The merger agreement

NIKE, Inc. reported Q4 revenues increased 11% to $3.0 bn, versus $2.7 bn for the same period last year. Fourth quarter net income jumped 18.1% to $246.2 million, or $0.92 per diluted share, compared to Q4 2002. Full year revenues increased 8.0% to $10.7

West Marine, Inc. announced Thursday that sales for the second quarter would be approximately $232 million to $233 million. Comparable stores sales for the quarter are estimated to decrease by approximately 4.5% to 4.7%. WMAR now expects to earn between

Next Inc. has announced an agreement to acquire the business of Lil Fan and affiliates, a privately held sales and marketing company located in Noblesville, Indiana. NEXT anticipates that Lil Fan will generate revenue of approximately $5 million for the

Kmart Holding Corporation announced Tuesday that William D. Underwood, Executive Vice President, Sourcing and Global Operations, resigned from the Company, effective immediately…

The SEC has declared Gart's registration statement effective on June 25, 2003 relating to the issuance of shares of its common stock in connection with the proposed merger of equals with The Sports Authority. The two companies will each hold shareho

Torpedo Sports USA, Inc. recorded a net loss of $(1,102,894) for the nine months ended April 30, 2003, or $(0.11) per share, versus net income of $539,411, or $0.48 per share, for the same period in 2002. Sales for the nine-month period fell 26%…

X0 Athletic Company has picked up The Winning Edge Sales Group as its national sales agency repping its line of Men's protective products featuring, ProCup and ProSupportive Garments…

Easton Sports, Inc. CEO Tony Palma was named as one of the finalists for Ernst & Young’s Entrepreneur Of The Year® Award. The most prestigious honor in its class, the award is given annually to a leader of a public or private company who has displayed exc

Nike Inc. won the trifecta this week, with the addition of Kobe Bryant to its player roster. Nike declined to disclose terms of the deal, but estimates put it at roughly $45 million. Bryant last year paid $8 million to get out of his six-year contract w

adidas-Salomon and the INTERSPORT International Corporation (IIC) announced Tuesday the signing of a four-year strategic agreement that lays a strong foundation for future business strategies and strengthens the selling and distribution process of both gr