Author: James Hartford

The L.A. Superior Court on Tuesday reaffirmed the validity of the original finder's agreement between Cherokee Inc. and Mossimo Inc., further ordering that Cherokee is entitled to receive from MOSS 15% of all licensing revenues received by Mossimo fr

Unifi, Inc. has announced that an Arbitration Panel has awarded damages to DuPont, inclusive of interest, in the amount of approximately $16 million related to the two companies' manufacturing alliance for the production of partially oriented polyest

American Skiing Company announced that Mark J. Miller would be leaving his position as Chief Operating Officer at the end of this month…

Rocky Shoes & Boots, Inc. announced that David Fraedrich, Senior Vice President, Treasurer and Director of the Company, died on June 14, 2003 after suffering a stroke…

Cutter & Buck Inc. has reached an agreement with plaintiffs to settle the shareholder lawsuits relating to the company's restatement of its financial results for fiscal years 2000 and 2001. Cutter & Buck agreed to pay $4 million in cash, plus up to

Kmart Holding Corporation reported a net loss of $862 million for the 13 weeks ended April 30, 2003, versus a net loss of $1.44 billion for the 13 weeks ended May 1, 2002. Net sales for the quarter were $6.18 bn, a decrease of 13.9% from $7.18 bn in 2002

Marketmax has announced that Recreational Equipment, Inc. has selected its Integrated Merchandise Planning Solution to help the organization optimize assortments, improve efficiencies and continue to achieve growth across all if it's store and direct

London Fog Industries, which employs 500 people in the U.S. and overseas, has eliminated 36 jobs at its Seattle headquarters as a result of the company’s organizational restructuring. According to President and CEO William Dragon, Jr., the layoffs repres

USA Triathlon has announced that it has signed with
Saucony to be the official shoe and competitive apparel supplier of USA Triathlon. Among other things, Saucony will be supplying shoes and apparel to USA Triathlon teams competing at world championships

Mike Hooks, sales manager at Confluence Watersports, has left the company to pursue new professional and personal interests, most notably to focus more time on his musical interests. Kelley Woolsey, VP of Marketing and Sales, will assume all of Hooks’ re

Citing difficult retail conditions, the parent company of The North Face, Eastpak and Jansport revised its expectations for earnings and sales for the quarter ending July 5, 2003. The Company now believes that second quarter earnings per share could decl

Soccer is popular in all 50 U.S. states and played not only by children, but also Gen X, Gen Y, and baby-boomers. This fact, along with an in-depth statistical report, is available in SGMA International's Soccer Participation Report – 2003 edition.

Sport-Haley, Inc. announced an amendment to their existing licensing agreement with The Top-Flite Golf Company, formerly known as Spalding Sports Worldwide, Inc. Sport-Haley now has the right to manufacture and market a full line of golf apparel bearing

Cybex International, Inc. announced that it has received commitment letters from CIT Business Credit and Hilco Capital LP to provide a $30 million, three year senior financing facility which would re-finance the Company's current bank debt with Fleet

Kellwood Company announced the signing of an agreement to acquire Kasper A.S.L., Ltd., according to Hal J. Upbin, Kellwood chairman, president, and chief executive officer. Kasper will be structured as a stand-alone company under the Kellwood Womenswear