Oakley Tries to Diversify in Weak Economy

Oakley is known for making quality sunglasses for serious athletes. Oakley is also known for making sunglasses with $100-$300 price tags, which has hurt the Foothill Ranch company in this soft economy where consumers are looking to save a buck…

Textile Imports from China Double in 2002

Imports of Chinese-made textile products more than doubled in the United States in 2002, surpassing Mexican textile imports for the first time in eight years, according to trade figures released last Thursday…

Confluence Watersports Hires New CFO

Confluence Watersports Company has appointed Miriam Beckman as the company’s new Chief Financial Officer. Beckman replaces Mike Hawes who has left the company…

IT’S DONE. Gart and TSA Merge…

Gart Sports Company and The Sports Authority, Inc. announced that their boards of directors have unanimously approved a definitive agreement providing for a merger of equals to create the nation's preeminent sporting goods retailer. The combined comp

Skechers Ends Year with Q4 Loss; Sales Down 15.6%

Skechers USA, Inc. reported fiscal year 2002 net sales slipped 1.8% to $943.6 million, compared to net sales of $960.4 million in 2001. Net earnings for 2002 were $47.0 million, flat to 2001. Net sales for the fourth quarter of 2002 were $180.8 million c

Reebok Expands Mall Presence to Limited Too

Reebok and Limited Too announced a partnership that includes Reebok footwear in Limited Too's stores, website, and “catazine” — the retailer's product and promotions guide which is mailed to more than 4 million girls several times per year…

Liquidmetal Narrows 2002 Loss

Liquidmetal Technologies announced revenues for 2002 grew to $13.1 million compared to $3.9 million in 2001, a 238% increase. For the full year, the net loss including discontinued operations amounted to $18.4 million, or $0.47 per share, compared with a

Nordy’s Fiscal 2002 Profits Slide 28%

Nordstrom, Inc. reported net earnings and earnings per diluted share for fiscal 2002 ending January 31, 2003 decelined 28% to $90.2 million and $0.66, respectively. Fiscal 2002 net sales increased 6.1% to $6.0 billion compared to sales of $5.6 billion in

Thule Appoints Field Envoy

Thule has appointed Darren Snyder as its Thule Envoy. In this newly created field position, Snyder will report to Mike Moore, Thule Western Sales Manager and support Thule’s western region sales representatives…

Tommy Armour Names Custom Club Manager

Tommy Armour Golf Company, a subsidiary of Huffy Corporation, announced that Mark Adams, a Professional Clubmakers’ Society (PCS) Certified Class A Clubmaker, has been hired as Manager, Custom Golf Club Operations…