Author: James Hartford

Huffy Corporation has finalized a $15.0 million subordinated term loan with Ableco Finance LLC, a fund affiliated with Cerberus Capital Management, L.P., and Congress Financial Corporation…

The Spiegel Group announced that Geralynn Madonna has been named president and chief executive officer of Spiegel Catalog and Newport News. Ms. Madonna previously held the position of president and chief operating officer of Newport News…

Perry Ellis International, Inc. announced the appointment of Michael Nicklas as Executive Vice President of Sales for Jantzen, Inc., a wholly owned subsidiary of Perry Ellis, effective immediately, and will be responsible for all swimwear related apparel

Antigua Enterprises Inc. has entered into an agreement to sell to Ashley NA, LLC common and preferred shares representing a controlling interest in the company for $10.25 million. Ashley NA is owned in common with the Sports Soccer and Lillywhites chains

Thule has been awarded with the Achievement Award 2003 for Corporate Excellence in the “Most Sustained Successful Presence in the U.S. Market” category by the Swedish-American Chamber of Commerce in New York and the Swedish Trade Council in Stockholm…

MC Sports has elected Bill Boer, Senior Vice President of Information Systems and Marketing has been elected to the Board of Directors and appointed Secretary to the Corporation. Additionally, Dan Winchester has been promoted to Vice President and Genera

Cutter & Buck Inc. has appointed Theresa Treat to Vice President and Manager of the Human Resources Group and Brian Thompson to Vice President and Manager of the Corporate Division…

Cutter & Buck has established a $35 million line of credit with Wells Fargo & Company. A new, broad-based relationship between the two companies also includes a number of financial services, such as providing funding support for the company's Seattle

Dick's Sporting Goods, Inc. reported that sales for the year ended February 1, 2003 increased 18% to $1.27 billion from $1.08 billion last year. Comparable stores sales increased 5.1% over last fiscal year. Net income for the year on a GAAP basis w

Shoe Carnival, Inc. net sales for the 52-week 2002 fiscal year increased 9% to $519.7 million from sales of $476.6 million for fiscal 2001. Comparable store sales decreased 0.4% for the 52-week period. Net earnings for the year increased 26% to $15.8 mi

In a regulatory filing on Thursday, K2 CEO Dick Heckmann indiocated that the purchase of Rawlings Sporting Goods is in doubt unless the Rawlings camp signs off on certain contract consents and amendments…

Skechers USA, Inc. has filed suit against singer Britney Spears and her companies, Britney Brands, Inc. and Britney Touring, Inc. for fraud and breach of contract. The suit, which was filed in federal court in Los Angeles, also charges Ms. Spears with unj

Cutter & Buck Inc. saw its loss for the fiscal third quarter ended January 31, 2003 widen to $9.7 million, or 91 cents a share, compared with a loss of $8.5 million, or 80 cents a share a year ago. Sales rose 4% to $34.6 million…

Urban Outfitters, Inc. reported net sales, for the twelve months ended January 31, 2003, increased by 21% to $422.8 million. Comparable store sales increased $25.7 million or 9%: a 7% increase at Urban Retail and a 12% increase at Anthropologie Retail. D