Nike Corporate Jet Lands Safely After Mechanical Problems
Bill Perez knew that his move to Nike, Inc. would be an exciting ride, but the company’s president and CEO got more than he bargained for on Monday. National media rushed to a scene yesterday that had four execs circling Portland, Ore. for six hours as t
MTRiP: Mountain Resorts Seeing Strong Start to Season
Advance reservations for “room nights” at mountain resort destinations are up 4% compared to the same time last year according to data collected by the Mountain Travel Research Program (MTRiP) as of Oct. 31, 2005. The research also revealed that while mor
Citi Trends Posts 52% Q3 Sales Increase
Citi Trends, Inc. reported total net sales increased 51.8% to $69.9 million for the quarter ended October 29, 2005, compared with $46.0 million for the year-ago period. Same-store sales increased 25.0% on top of a 3.0% increase in the prior-year quarter.
Two Sport Supply Shareholders File Lawsuit Against Merger
Two shareholders of Sport Supply Group are attempting to create a road-block in the merger path between SSG and Collegiate Pacific, the company revealed in their Form 10-Q filed with the SEC. On October 5, 2005, Martin Kleinbart and William Stahl each fi
Pacific Brands Acquires Arthur Ellis
Pacific Brands Limited announced that it has entered
into an agreement to acquire the Bedwares Division and the Everwarm, polypropylene thermals, and Survival, merino apparel businesses of Arthur Ellis Limited. Completion is expected to occur on 30 Novemb
Sport-Haley Sees Q1 Sales Fall 28%
Sport-Haley, Inc. announced results of operations for the first quarter of its 2006 fiscal year, in which the company reported a net loss of $426,000, or 23 cents per share, as compared with a net loss of $1,276,000, or 52 cents per share, in the comparab
Schoeller Hires Meikle as National Sales Manager
Gary Meikle has joined the Schoeller Textil USA team in a new position as National Sales Manager. Meikle will be responsible for current business markets in US and Canada while developing new markets. In addition, he will facilitate implementation of Scho
Johnson Outdoors is Well Positioned for 2006…
Johnson Outdoors finished off the fiscal 2005 year firmly in the black with several major improvements to its four operating divisions, including strong fourth quarter double-digit sales gains in the watercraft division, an improved outlook for military s
Podium Establishes Subsidiaries in U.K. and China…
Podium Distribution, designing, marketing, and distributing arm of DVS Shoe Company, Matix Clothing, and Lakai Limited Footwear, has decided that international lands are the place to be, announcing expansion in the forms of subsidiaries in the U.K. and Ch
Growth in All Divisions Boosts True Temper as a Whole…
True Temper Sports, Inc. announced net sales for the third quarter increased 19.8%, to $25.5 million from the $21.3 million last year. Golf shaft sales increased 18.9% to $23.8 million compared to the $20.0 million posted in the year-ago period, driven by
GSIC Resolves Accounting Errors; Restates Results
GSI Commerce Inc. resolved the two matters previously disclosed – the investigation of whether $283,000 of credits recorded in the fourth quarter of fiscal 2004 were recorded in the proper period and the reconciliation of the company's accounts payab
Jury Finds in Favor of Icon in Nautilus Case
Nautilus, Inc. expressed its disappointment with a jury verdict in a case pending in U.S. District Court in Salt Lake City. The verdict is subject to review by the Court and will not become final until the Court has received additional briefing from the p
Zumiez Posts 27% Q3 Sales Jump
Zumiez Inc. reported total net sales for the third quarter ended October 29, 2005 increased by 27.2% to $57.4 million from $45.1 million in the year-ago quarter. Net income for the quarter was $5.3 million or 37 cents per diluted share, up from net income
Riddell Bell Sees Acquisition Boost Sales Gains
Riddell Bell Holdings, Inc. reported that net sales for the fiscal quarter ended October 1, 2005 increased $64.4 million or 167.2% from the comparable period of the prior year largely a result of the acquisition of Bell Sports. RBH's operating income
Billabong in Airport Retail JV
Billabong announced it has formed a joint venture
arrangement with airport-based surfwear retailer beachculture. The move will see the beachculture business transferred into a new company, which will be owned by existing beachculture owner John Brooks and
