Torpedo Sports to Liquidate Subsidiary

Torpedo Sports USA, Inc. has evaluated the future business prospects for its children's snow products and related business conducted by its wholly owned subsidiary, Torpedo Sports, Inc. of Canada, as previously announced on February 4, 2004. Followi

SGMA: Apparel Sales Down on Declining Prices

Consumer spending for sports apparel declined 2.1% in 2003 to $37.0 billion, according to research by The NPD Group, but other signs indicate that consumer enthusiasm for casual, sporty clothing is on the increase. Consumers actually purchased 3% more it

Ross Stores first Quarter Sales Jump 13%

Ross Stores reported earnings per share for the 13 weeks ended May 1, 2004 of $.32, compared to $.32 for the 13 weeks ended May 3, 2003. Net earnings in the first quarter of 2004 were $48.5 million, compared to $49.3 million in the prior year period. Sale

Heyne Appointed President of Nautica Jeans

Nautica announced that Christopher H. Heyn, President, Nautica Men's Sportswear has expanded his role and will assume responsibility for the Nautica Jeans company. Mr. Heyn's title is President, Nautica Sportswear and Nautica Jeans Company. In t

Huffy Delays Q1 Earnings Release Again

Huffy has retained a third party to provide an independent review of the valuation of certain intangible assets. Although the Company has received a preliminary report, given the significant reduction in valuation, the Company has elected not to release i

American Skiing Co. Restructures Real Estate Debt

American Skiing Company has completed its real estate debt restructuring. The Company's real estate development subsidiary, American Skiing Company Resort Properties, Inc., finalized the restructuring of its $73 million Real Estate Term Facility led

Finish Line Offers Military Discount

The Finish Line now will offer military personnel and their immediate families a 10% discount on purchases made at all Finish Line store locations across America. This discount offer kicks off in conjunction with Armed Services Day, which is Saturday, May