Cutter and Buck Sees Resolution of SEC Investigation

Cutter & Buck Inc. announced Tuesday that, based on communications with the staff of the Securities and Exchange Commission, it expects to reach an agreement which would resolve the Commission's previously announced investigation of the Company…

Cherokee to Get 15% of All Mossimo/Target Royalties

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 to Pay Dupont $16 Million in Alliance Dispute

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

Kmart Narrows Q1 Loss on a 3.2% Comp Store Decline

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

REI Taps Marketmax for Merchandise Planning Solution

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

Pacific Trail Parent Cuts Seattle Staff

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

Saucony Signs USA Triathlon Marketing Deal

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

Hooks Leaves Confluence Watersports

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

VF Corp. Issues Q2 Sales and Earnings Warning

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

SGMA Report Indicates Broad Soccer

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 Adds Top-Flite To Apparel Stable

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 Gets Re-Financing Deals; Ups Q2 Guidance

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