Author: SGB Media

Huffy Corporation has finalized a $15.0 million subordinated term loan with Ableco Finance LLC, a fund affiliated with Cerberus Capital Management, L.P., and Congress Financial Corporation. The loan, repayable on its March 13, 2008 maturity date, is pegge

Quiksilver, Inc. has taken steps to broaden its global brand reach even further with the announcement last week of a joint venture with a Chinese company to manage retail stores and distribute ZQK brands in the Peoples Republic of China…

Skechers Inc. filed a lawsuit in a federal court in Los Angeles against singer Britney Spears and her companies, alleging fraud and breach of contract…

Antigua Enterprises Inc. will sell to Ashley NA, LLC, a company owned in common with the Sports Soccer and Lillywhites chains of sporting goods stores in the U.K., a controlling interest in the company for $10.25 million…

Nike Swimwear in the southern Asia-Pacific region will now be licensed through Australian swimwear company Seafolly Pty Ltd. The deal announced Monday provides Seafolly with the rights to design, manufacture, market and distribute Nike swimwear in Austra

The regional managers we spoke with last week were nearly giddy with the way business has grown since the Nike / Foot Locker spat delivered unto The Finish Line key Nike marquee product that until this last quarter resided mainly at its mall competitor’s

Gart Sports sees a near-term hit to earnings from its pending merger with The Sports Authority, but the deal may help smooth out the moguls it encountered in its fiscal 2002 fourth quarter sales…

The U.S. Fila team was obviously still driving to the hoop in 2002, even as the European business fell to pieces. Fila Holding posted its first yearly operating profit in recent memory on the backs of a strengthening U.S. business and the conversion of t

An over-reliance on softening some casual brands and the lack of a key athletic footwear component conspired to rob Genesco of the growth opportunity other retailers are experiencing in the mall. With athletic footwear now representing 28% of the Journey

Benetton Group announced last week that Chief Executive Luiggi De Puppi will step down at April's annual shareholders meeting. His decision followed the successful completion of his mandate, which included selling off Benetton's unprofitable sp

Pacific Sunwear has certainly turned the tide in the operations area and is now riding a wave of good fortune thanks to strong merchandising, operational efficiencies and aggressive growth. While many other mall retailers continue to suffer from weak com

According to The Monthly Mall Merchandise Index, maintained by the International Council of Shopping Centers (ICSC), sales/square foot in mall-based Athletic Footwear stores were $41 in December, a gain of 1.5% versus December LY. Sales for 2002 declined