Cimatron, a developer of CAD/CAM solutions for tooling industry, announced its partnership with SHIMANO, who purchased Cimatron E for their offices in Japan and Singapore because of the software’s quick and efficient cutting times. “We drastically reduced
Author: SGB Media
Asics Files Suit Against Payless
ASICS America Corporation and ASICS Corporation Japan have filed suit in Federal District Court in the US District Court, Central District of California against Payless ShoeSource Inc. for trademark infringement, unfair competition, trademark dilution a
Mossimo’s Appeal In Cherokee – Target Case is Denied
Mossimo Inc.'s appeal of the June 17 Arbitration Award and Judgment (that was entered in Cherokee's favor by the Los Angeles Superior Court) was denied by the Court of Appeal for the 2nd District of California and reaffirmed in Cherokee's f
The Finish Line Swings to Q3 Profit on 25% Comp Store Gain
The Finish Line reported net income for Q3 was $2.2 million, or 9 cents per diluted share, versus a loss of $3.2 million, or 13 cents per diluted share in Q3 LY.
Net sales for the third quarter ended November 29, 2003 increased 37% to $202.0 million for
VF Corp. Elects Otis to Board
Mackey J. McDonald, Chairman and Chief Executive Officer of VF Corporation announced the election of Clarence Otis, Jr. to the Company's Board of Directors. This brings to 12 the number of directors on the Company's Board…
L.L. Bean Hires Daniel Love as VP Finance
L.L.Bean has hired Daniel Love as the company's new Vice President of Finance. Mr. Love comes from the Atlanta, Georgia area where he worked most recently as Chief Financial Officer and Senior Vice President of Finance and Operations for a division o
Athletic Footwear ASP’s on the Rise
With advances in average prices outnumbering declines two to one for the 22 categories of athletic and sports footwear surveyed by NSGA, the average price point for all footwear rose 1.1% in 2004. The average price rose to $39.32 in 2004 from $38.88 in 20
Superfeet Discontinues Tool Business
Superfeet Worldwide is discontinuing their manufacturing of premier stretching and boot modifying tools. Superfeet was the first company to manufacture tools of this sort, and they were the first patented product from Superfeet…
Todson Inks Distribution Deal With Arena Swimwear
With the knowledge that most serious and even casual cyclist cross-train, Todson has been awarded the exclusive opportunity to introduce Arena swimwear and swim gear to the more than 4,000 bicycling retail stores throughout the United States. Both compani
180’s Donates Eyewear to USMC in Contract Bid
180s is providing 1,000 pairs of its 180s Eyegear to the United States Marine Corps (USMC). After testing the 180s Eyegear earlier this year, the USMC requested to buy 1,000 pairs of the sunglasses. As a sign of support for the nation’s military, 180s
GoLite appoints Kevin Volz as Customer Service Manager
GoLite announced that Kevin Volz has joined its Boulder, Colorado headquarters staff as Customer Service Manager. Volz brings over 15 years of outdoor retail experience to GoLite, the past nine of which he served as Manager of the Eastern Mountain Sports
NYSE Suspends Trading of Footstar Shares
The New York Stock Exchange announced today that it determined that the common stock of Footstar Inc. – ticker symbol FTS – should be suspended immediately. Application to the Securities and Exchange Commission to delist the issue is pending the completio
Nike Sees U.S. Strengthening Across the Board…
Nike, Inc. blew past analysts’ EPS estimates for their fiscal second quarter ended November 30, besting the prognosticators by 8% to 11% by posting earnings of 66 cents per diluted share on much better margins, benefits from currency exchange rates and im
Collegiate Pacific to Acquire Kesslers…
Kesslers Team Sports of Richmond, IN, the nation's largest independent team sporting goods distributor with annual revenues exceeding $30 million will join the Collegiate Pacific stable. Terms of the deal, which is expected to close in early 2004, w
Quiksilver Rolls Despite Tough Department Store Business…
Quiksilver, Inc. continued to roll toward their goal of becoming a true global brand as they beat external and internal EPS estimates for the eighth quarter in a row. The company’s march to become the first billion dollar beach/surf lifestyle brand shoul