OIA Thanks Congress for Public Lands Funding

Congress has approved a 17% increase in total funding over last year’s level for the Department of the Interior (DOI) which manages a vast majority of the nation’s public lands, according to the OIA…

Hat World Acquires Sports Fan-Attic

Genesco Inc. announced that its Hat World subsidiary has completed the acquisition of the assets of Sports Fan-Attic, a Tampa, Fla.-based retailer of licensed sports headwear, apparel, accessories, and novelties, with 37 stores in seven states, and revenu

Cybex Q3 Revenues Sink 17%

Cybex International, Inc. reported sales fell 17.1% in the third quarter to $29.0 million compared to $35.8 million a year ago. The company reported net income for the third quarter of 2009 of $0.1 million, or 0 cents a share, compared to $0.3 million, or

Hillerich and Bradsby Found Liable for Player’s Death

A jury in Clark County, MT, found Hillerich & Bradsby Co., the parent of Louisville Slugger, liable for the 2003 death of an 18-year-old who was hit in the head by a batted ball. The jury awarded $850,000 to the family of Brandon Patch, the player who die

Play It Again Parent Sees Q3 Profit Gain

Winmark Corporation, the parent of Play It Again Sports, reported earnings grew 33% in the third quarter ended Sept. 26, to $1.8 million, or 33 cents a share, from $1.35 million, or 24 cents, a year ago. Revenues grew to $9.8 million from $9.1 million…

Adams Golf Settles Stockholder Class Action Litigation

Adams Golf has agreed to settle and resolve a stockholder class action lawsuit initially filed in June 1999 against Adams Golf, certain of its current and former officers and directors, and the three underwriters in Adams Golf's July 1998 initial pub

Former Mission-Itech Hockey CEO to Head LPGA

Michael Whan, most recently CEO of Mission-Itech Hockey, has become the new commissioner of the LPGA (Ladies Professional Golf Association). Mission-Itech was acquired by Bauer Hockey in September 2008…

CIT Group Files for Bankruptcy Protection

CIT Group Inc., the commercial lender and the leading factoring company in the U.S., filed for bankruptcy in an effort to cut $10 billion in debt following a failed debt exchange and U.S. taxpayer bailout…

Amazon Closes Zappos Acquisition

Amazon.com, Inc. completed its acquisition of Zappos.com. Thanks to an increase in Amazon's stock price, Amazon will pay $1.2 billion, or $117.4 a share, for the business, up from $928 million when the deal was first announced…

Dick’s SG to Open First Store In Washington

Dick's Sporting Goods plans to open its first Washington store at South Hill Mall in Puyallup next spring, according to the Seattle Times. The 60,000 square feet store covers space previously occupied by Circuit City and Linens 'n Things…