Author: SGB Media

GSI Commerce reported a breakout fourth quarter that helped narrow the company’s total loss for the year. Net revenues for Q4 increased 26% to $95.2 million compared to net revenues of $75.3 million for the Q4 2002. Net merchandise sales, which represe

Hat World Corp., which was recently acquired by Genesco, Inc., and Mainland Headwear Holdings Ltd. have entered into an a 10-year license agreement to open and operate 200 to 300 stores in Hong Kong and China. Mainland is primarily a manufacturer and exp

Adidas-Salomon CEO Herbert Hainer was quoted in a Reuters report that the adidas is expecting flat sales in the U.S. in 2004, and may even be “slightly positive”. He said they expect to see “first signs of improvement” in the second half and that it will

Spain’s Supreme Court ruled in 1999 that the Nike brand name did not in fact belong to Nike, Inc., at least if the company wanted to market apparel in Spain. Cidesport, a company that had been a licensee of the Nike name was said to be the lawful owner o

Aldila reported that fourth quarter net sales rose 6.6% from $9.1 million in 2002 to $9.8 million in the final quarter of 2003. The company managed to reduce their net loss for the quarter as well, down 28.3% from ($1.7 million) in 2002 to ($1.3 million)

Acushnet and Nitro Leisure Products have settled a suit out of court. Nitro refurbishes used Titleist golf balls and re-sells them for half to a third of the original retail price. At issue is Nitro’s actions that involved collecting used balls and subs

The Outdoor Industry Association has taken a very important first step toward growing human powered outdoor participation by completing the most exhaustive research study of consumer trends conducted to-date. This research does not specifically solve any

Samuel C. Johnson, majority shareholder and director of Johnson Outdoors, and his daughter, Helen Johnson-Leipold, chairman and CEO of Johnson Outdoors, have made an offer to purchase all outstanding shares of Johnson Outdoors and take it private. Accordi