Kmart Corporation announced Wednesday that the U.S. Bankruptcy Court for the Northern District of Illinois has approved the Disclosure Statement filed in connection with the Company's First Amended Joint Plan of Reorganization…
Category: Outdoor
SportsLine.Com To Produce Official NCAA Site; Dumps Gambling Sites
SportsLine.com has carved out a deal to produce the website for all of the National Collegiate Athletic Association's championship events, starting with the men's basketball tourney next month. But the deal, which runs until 2006, means that th
Kratowicz Named ShopKo Division VP
ShopKo Stores, Inc. announced the promotion of James Kratowicz to vice president of pricing, consumer information resources and e-commerce for the company's ShopKo division…
REI 2002 Net Income Surges 112% on Total Sales Decline
Recreational Equipment, Inc.(REI)declared a $38.7 million patronage refund to its active members on 2002 sales of $735 million. The cooperative also announced that, based on the 2002 results, its corporate giving commitment will increase by 80% to $1.8 mi
Smuggled Clothing, Mostly from China, Costs U.S. Millions
Illegal shipments of clothes and fabric from China are cheating the U.S. government out of millions of dollars and costing American workers their jobs, say industry and government sources…
Oakley Tries to Diversify in Weak Economy
Oakley is known for making quality sunglasses for serious athletes. Oakley is also known for making sunglasses with $100-$300 price tags, which has hurt the Foothill Ranch company in this soft economy where consumers are looking to save a buck…
Kamik Names Hallgren VP Eastern Sales
Kamik has named David Hallgren to the position of Vice President Sales, Eastern Region, where he will direct Kamik’s sales efforts east of the Mississippi…
Skechers on the Back Side of the Curve…
Skechers USA saw shares plunge 18.4% for the week after the company surprised the market — and the industry — with projections for Q1, which show a dramatic slowdown to their business…
Galyan’s to Stay in Hometown…
Galyan’s Trading Co. has decided to stay in Plainfield, IN, the town where it first started in business more than 40 years ago. The retailer had been looking at numerous sites in the Indianapolis area, but will now work with Plainfield to locate a buildi
Reebok: DOH! Part Too…
I believe it was Jim Carey in his unforgettable performance in The Mask that first exclaimed the words, “Somebody Stop Me!”, but someone at Reebok should be looking in the mirror and shouting the same this week after the company announced its latest retai
As Rawlings Investor Gives Go Ahead…
Daniel Gilbert, who holds nearly 15% of Rawlings' stock, said he has become comfortable with K2 CEO Dick Heckmann's vision for Rawlings and will support KTO’s purchase of the venerable sporting goods brand…
IT’S DONE. Gart and TSA Merge…
Gart Sports Company and The Sports Authority, Inc. announced that their boards of directors have unanimously approved a definitive agreement providing for a merger of equals to create the nation's preeminent sporting goods retailer. The combined comp
U.S. to Push for Limit on Vietnamese Textiles
Trade negotiators today will discuss limiting Vietnamese clothing exports to the United States following skyrocketing sales during the past year…
Gilbert Drops K2/Rawlings Objections; Declines Board Seat
Investor Daniel Gilbert, a nearly 15% stakeholder in Rawlings Sporting Goods Company, Inc., announced Wednesday that he is now supporting the proposed merger with K2 Inc…
Reebok Expands Mall Presence to Limited Too
Reebok and Limited Too announced a partnership that includes Reebok footwear in Limited Too's stores, website, and “catazine” — the retailer's product and promotions guide which is mailed to more than 4 million girls several times per year…
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