Footstar Hints at BK to Jettison Debt…

Footstar’s sudden announcement last week that they may file for bankruptcy protection if they couldn’t sell off assets and/or get new financing had everyone scrambling on Thursday at the show. While we didn’t find any vendors that would readily admit tha

Mossimo Delays the Inevitable…

In June of last year, the Los Angeles Superior Court ruled that the finder's agreement between Cherokee Inc. and Mossimo Inc. was valid, ruling that Mossimomust pay Cherokee 15% of all monies received by MOSS from Target Stores pursuant to Mossimo&#0

Big 5 Sees a “Wonderful” Start in 2004…

Big 5 Sporting Goods is reportedly off to another good year after reporting its eighth straight year of comp store sales increase and its 32nd consecutive quarterly gain. Management characterized the start to 2004 as “wonderful” due to “favorable weather

VF Corp Again Taps Outdoor for Gains…

VF Corporation has identified the outdoor category as a key growth driver for the corporation and plans to “aggressively pursue growth” in the division through acquisitions as well as organic internal growth. Full year 2003 sales in the company's Ou

Dick’s Raise Guidance; Splits Shares…

Dick's Sporting Goods is again raising expectations for itself as well as the industry after reporting that total sales for the fiscal fourth quarter ended January 31 increased 20% to $474.4 million from with $395.2 million in the year-ago period. Co

Sport Supply Gets Lift from Asset Sales…

The November sale of the company’s Athletic Training Equipment Company division to Wilson Team Sports has enabled Sport Supply Group to post a net gain in earnings for its fiscal third quarter ended December 26.

Patagonia Pushes for Dam Removal on Lower Snake River

As a result of a partnership between The Save Our Wild Salmon Coalition (SOS) and outdoor apparel company Patagonia, Inc., over ten-thousand emails and letters have been sent to President George W. Bush since October 30th, urging him to remove four dams o

Footstar Announces Possible Bankruptcy

Footstar, Inc. reported that it has received a waiver and extension until February 27, 2004 of the requirement to provide financial statements to the syndicate of banks, led by Fleet National Bank, that provide the Company's $345 million senior secur

TSA Hires New Brand Strategy Firm

Watt International, a wholly-owned subsidiary of Envoy Communications Group Inc. announced that it has been selected by North America's largest sporting goods retailer, Sports Authority, Inc., as its branding and design agency of record…

Cutter and Buck Responds To Insurance Case Ruling

Cutter & Buck Inc. responded to the court's issuance of an order rejecting the company's claims against Genesis Insurance Company. Cutter & Buck had sought reinstatement of its directors' and officers' liability insurance policy, which