Brunswick Settles Precor/Life Fitness Action

Amer Group Plc has recognized a gain of $23 million following the amicable settlement of a patent litigation case in the U.S. The Life Fitness division of Brunswick Corporation will pay the settlement amount in two annual installments in 2003 and 2004, i

ITF Launches New Website

The ITF today relaunches its website as part of its commitment to increase the range and accessibility of tennis information available to all audiences over the internet. Building on the successes of the Official Davis Cup and Fed Cup websites, which are

Teva Signs Apparel Licensing Agreement

BHPC Global Licensing, worldwide licensing agent for the Deckers Outdoor Corporation, announced today the signing of a new Teva® license agreement with New York based, Capital Mercury; an established and successful, 40 year old company with offices worldw

Russell Corp. Issues Profit Warning for Q3

Russell Corporation revised its earnings expectations for the 2003-third quarter and 2003-fiscal year, primarily citing difficult conditions in the Artwear channel. The company now forecasts earnings for the 2003-third quarter ending October 5, 2003 to b

JM Dutton Maintains

J.M. Dutton & Associates continues its quarterly coverage of Deckers Outdoor maintaining a Buy rating. The 8-page report by J.M. Dutton senior analyst Gerald LaKarnafeaux, CFA, is available at www.jmdutton.com as well as from Bloomberg, Zacks, First Call,

LA Times Launches New Outdoors Section

Southern California is widely recognized for its diverse geography and adventurous outdoor recreation. Starting today, the Los Angeles Times is launching Outdoors, a new weekly section that will be the definitive source of journalism about nature, outdoor

Johnson Outdoors Files Suit Against Former Diving Chief

Mahmoud Ashour has been named in a civil suit filed by Johnson Outdoors. According to the lawsuit, Ashour was dismissed from the company earlier last week after JOUT announced they were looking for a replacement.
The company claims that their former Eur

Accessory Brands Nets NBA Deal

Accessory Brands Inc. announced it had won the license to sell and market the National Basketball Association licensed accessory items. The company did not disclose financial details of the deal but said it covers the NBA, NBA4her, NBA Bigman, and Hardwo

West Marine Cuts Forecast on Poor Labor Day Sales

West Marine's CEO said that Labor Day weekend sales were “disappointing” and that WMAR is now running running low single-digit negative comparable store sales month-to-date in September. WMAR now expects Q3 EPS in the 37 cents to 39 cents range on s

August Comps at Nordstrom Are Up 3.2%

Nordstrom reported preliminary sales of $402.6 million for the four-week period ending August 30, 2003, an increase of 11.3% compared to sales of $361.7 million for the four-week period ending August 31, 2002. Same-store sales increased 3.2%. Year-to-dat

Gap August Comps Climb 4% – up 10% YTD

Gap Inc. reported net sales of $1.22 billion for the four-week period ended August 30, 2003, which represents a 5% increase compared with net sales of $1.16 billion for the same period 2002. The company's comparable store sales for August 2003 increa

August Comps Inch Up 0.8% at Saks

Saks Incorporated announced that comparable store sales for the four weeks ended August 30, 2003 compared to the four weeks ended August 31, 2002 increased 0.8% on a total company basis. By segment, comparable store sales increased 0.7% for SDSG and incre

TJX Comps Inch Up 1% In August

The TJX Companies reported August 2003 sales for the four-week period ended August 30, 2003, were $995 million, up 8% over $920 million achieved during the same period, 2002. For the 30 weeks ended August 30, 2003, sales reached $6,893 million, an 8% incr