Escalade Sports Renews Labor Union Contract

Escalade Sports, a wholly owned subsidiary of Escalade, Inc., announced its union employees have ratified a new three-year labor agreement at its Evansville manufacturing facility. The successful negotiation of this agreement ensures there will be no disr

Yue Yuen Buys Stake In Sportswear Maker

Sports shoe giant Yue Yuen Industrial (Holdings) Ltd on Friday announced it has bought a 73% stake in sportswear and casualwear maker Pro Kingtex Industrial Co Ltd. The deal is reportedly worth $3.8 million…

Retailers Welcome Debit Card Lawsuit Settlement

The National Retail Federation has welcomed the settlements reached with Visa and MasterCard this week in a federal antitrust lawsuit brought by U.S. merchants against the two companies regarding their debit card practices. The settlements came in a laws

Russell Q1 EPS Up 38% on 6% Sales Gain

Russell Corporation reported fiscal 2003 first quarter net sales of $228.0 million, a 6% increase over the comparable period last year. The company also reported earnings per diluted share of $.11, a 38% increase over the comparable period last year, whi

Big 5 Doubles Q1 Net Income as Comps Inch Up 0.6%

Big 5 Sporting Goods Corporation reported net sales for the fiscal 2003 first quarter that ended on March 30, 2003 increased by $7.4 million, or 4.7%, to $164.5 million from $157.1 million in the first quarter of 2002. Same store sales increased 0.6% ver

Wilson Golf and Racquet Sports Names Management Team

Wilson Sporting Goods Co. has further restructured management at its newly formed Golf & Racquet Sports division. Wilson parent Amer Group announced changes earlier in the week that saw the Golf & Racquet Sports division emerge as a separate operating un

Aussie Apparel Adds Canadian Distributor

Aussie Apparel Group Ltd. announced that it has engaged NRI Distribution Inc. of Kamloops, British Columbia to handle the distribution of Aussie Apparel's Hot Tuna and Xisle brands in Canada. Aussie Apparel also announced that it has hired two new s

West Marine April Comps Decrease 11.5%

West Marine, Inc. reported that net sales for the four weeks ended April 26, 2003 were $60.0 million, a 14.0% increase from net sales of $52.7 million for the same period a year ago. Comparable store net sales for the four weeks ended April 26, 2003 decre

Greg Norman Collection Appoints Europe GM

Suzy Biszantz, President of Greg Norman Collection, announced the appointment of Tony Wilkinson to General Manager for the UK and Europe, responsible for the Greg Norman Collection and Reebok Golf…

Rawlings Acquires ABC Helmet Company

Rawlings Sporting Goods Company Inc. has signed a definitive agreement to acquire certain assets of the ABC Helmet Company. The cash transaction is expected to close in the third quarter and is intended to help build on Rawlings' strength as the num

Foostar Delays 10-K Filing — Again

Footstar, Inc. said Wednesday that it would not file its Form 10-K for the fiscal year ended December 28, 2002 by April 30, 2003, as previously expected, because its financial statements continue to be under review by the company's external auditors,

Buy.com Launches Online Sports Store

Buy.com Inc. announced that it has significantly expanded its product offering by launching a Sports Store, giving customers access to 65,000 new products from top brand names in the sporting goods marketplace. The Sports Store will offer Wilson, Adidas,

Nautilus Q1 Net Income Down 43% on 4% Sales Dip

The Nautilus Group, Inc. reported net sales of $129.4 million for the first quarter ended March 31, 2003, compared to $135.9 million for the corresponding period last year. Net income for the quarter was $13.7 million compared to $24.0 million in the firs

Gander Mountain in Alliance with Arctic Cat

Arctic Cat Inc. has formed a new alliance with sporting goods retail giant, Gander Mountain. Gander Mountain's newly-opened Geneva, Ill., store will offer the full line of Arctic Cat ATVs, as well as genuine parts, garments and accessories…