Sport Chalet, Inc. announced sales for the fiscal third quarter ended December 31, 2002 increased 7.2% to to $72.3 million. Comparable store sales increased 2.2%. Net income increased 18.2%…
Author: James Hartford
Phoenix Footwear Appoints Callaway Vet as CFO
Phoenix Footwear Group, Inc. announced today the appointment of Ken Wolf as Chief Financial Officer, effective February 1, 2003…
Action Performance Fiscal Q1 Profits Slip 2.5%
Action Performance Companies, Inc. reported first quarter revenues for the first quarter ended December 31, 2002 increased to $85.8 million from $84.1 million in the same period last year. Net income slipped 2.5%…
Dick’s CEO Repays Company Loan Early
Reuters is reporting that Ed Stack, chairman & CEO of Dick's Sporting Goods, has already paid in full a $6.2 million company loan from May 2001. The loan had been due in 2011…
Aussie Apparel Group Acquires Skate/Surf Brands…
Aussie Apparel Group, Ltd. signed the closing documents last month to acquire the Hot Tuna, Xisle, Piranha Boy and Piranha Girl brands from Federation Group…
Pride Manufacturing Acquires Softspikes…
Pride Manufacturing LLC announced at the PGA Show the acquisition of Sport Holdings Inc., which includes Softspikes Inc. and Trisport Ltd of England…
Let the Shows Begin…
The Super Show Las Vegas experiment ended on Wednesday with a mild thud with many attendees – and some exhibitors – cutting their attendance to a day or two.
Aside from Under Armour on the apparel side, the primary beneficiaries
Callaway Signs Footwear Deal…
Tour Golf Group has signed an exclusive licensing deal to develop and sell Callaway Golf men's and women's footwear…
Asics Sues Discount Retailer for Knock-offs…
Asics filed suit Friday in the Federal District Court in the Western District of Tennessee against Fred's, Inc, a 350+ store discount retail chain in the Southeast. The suit claims trademark infringement, unfair competition, and trademark dilution..
Kmart Files Its Reorganization Plan, Brings in New Investors…
Kmart Corporation filed its plan to come out of bankruptcy in Chicago late Friday, and did so without the final approval of its creditors. The company stated that it’s optimistic that its statutory committees will formally endorse the Plan of Reorganizat
K2 Outlines Rawlings Deal; Russell, Huffy Also Made Play…
It appears that Russell and Huffy were involved in a quiet bidding war for Rawlings this last fall. In an SEC filing on January 17, 2003, K2 Inc., the eventual suitor that won the hand of the venerable sporting goods brand, outlined the process that enab
Tropical Takes Dive on Double Hit…
Shares at Tropical Sportswear, Inc. dropped almost 25% for the week after the company reported a wider-than-expected loss and Swiss Army Brands announced it would take its apparel license back from the struggling Tampa-based apparel manufacturer…
Reebok Lays Out Diverse Strategies…
Reebok wrapped up the Financial Day activities as company president and COO Jay Margolis discussed their “clear product vision”…
Hibbett Sees Benefit in Kmart Woes…
Presenting at the recent financial day prior The Super Show, the small market operator said it will have 370+ doors by the end of the year in 20 states. Projected 2002 volume is $280 million…
VF Apponts Lay to Chairman of Outdoor Group
VF Corporation announced today that Terry Lay has been named Vice President and Chairman, Outdoor and International Jeanswear Coalitions…
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