Reebok International Ltd. reported net income for the fourth quarter ended December 31, 2002 increased 200% to $16 million compared to net income of $5.1 million in the fourth quarter of 2001. Net Income for the year jumped 23%.
Net sales for the 2002 fo
Category: Outdoor
Sport Chalet Fiscal Q3 Net Income Jumps 18.2%
Sport Chalet, Inc. announced sales for the fiscal third quarter ended December 31, 2002 increased 7.2% to to $72.3 million. Comparable store sales increased 2.2%. Net income increased 18.2%…
Phoenix Footwear Appoints Callaway Vet as CFO
Phoenix Footwear Group, Inc. announced today the appointment of Ken Wolf as Chief Financial Officer, effective February 1, 2003…
Action Performance Fiscal Q1 Profits Slip 2.5%
Action Performance Companies, Inc. reported first quarter revenues for the first quarter ended December 31, 2002 increased to $85.8 million from $84.1 million in the same period last year. Net income slipped 2.5%…
Dick’s CEO Repays Company Loan Early
Reuters is reporting that Ed Stack, chairman & CEO of Dick's Sporting Goods, has already paid in full a $6.2 million company loan from May 2001. The loan had been due in 2011…
Aussie Apparel Group Acquires Skate/Surf Brands…
Aussie Apparel Group, Ltd. signed the closing documents last month to acquire the Hot Tuna, Xisle, Piranha Boy and Piranha Girl brands from Federation Group…
Pride Manufacturing Acquires Softspikes…
Pride Manufacturing LLC announced at the PGA Show the acquisition of Sport Holdings Inc., which includes Softspikes Inc. and Trisport Ltd of England…
Callaway Signs Footwear Deal…
Tour Golf Group has signed an exclusive licensing deal to develop and sell Callaway Golf men's and women's footwear…
Asics Sues Discount Retailer for Knock-offs…
Asics filed suit Friday in the Federal District Court in the Western District of Tennessee against Fred's, Inc, a 350+ store discount retail chain in the Southeast. The suit claims trademark infringement, unfair competition, and trademark dilution..
Kmart Files Its Reorganization Plan, Brings in New Investors…
Kmart Corporation filed its plan to come out of bankruptcy in Chicago late Friday, and did so without the final approval of its creditors. The company stated that it’s optimistic that its statutory committees will formally endorse the Plan of Reorganizat
Callaway Signs Footwear Licensing Agreement With Tour Golf Group
Tour Golf Group has signed an exclusive licensing deal to develop and sell Callaway Golf men's and women's footwear. The footwear collection will hit golf retail shops in the United States and Canada in March 2003…
Aussie Apparel Group Acquires Brands…
Aussie Apparel Group, Ltd. signed the closing documents last month to acquire the Hot Tuna, Xisle, Piranha Boy and Piranha Girl brands from Federation Group. The definitive agreement, signed on December 17, 2002, is valued at approximately $7.5 million…
Pride Manufacturing Acquires Softspikes, Inc.
Pride Manufacturing LLC announced the acquisition of Softspikes Inc. As part of the acquisition, Pride assumes ownership of Sport Holdings Inc., which includes Softspikes Inc., as well as Trisport Ltd. of England, the leading manufacturer of cleats and re
Another Carolina Mill Files Chapter 11
Chuck Flynt started Flynt Fabrics in 1972 and watched it grow into a player in the textile industry. But last week, Flynt had to tell his employees that his company was filing for bankruptcy protection…
Johnson Outdoors Narrows Q1 Loss
Johnson Outdoors Q1 net sales decreased 8% to $54.9 million, and operating profit declined by $0.8 million to $0.2 million. The reported loss before cumulative effect of change in accounting principle improved to -$0.3 million…
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