Hibbett Renews Credit Facilities
Hibbett Sporting Goods, Inc. renewed its unsecured credit facilities through November 2006 with AmSouth Bank for a maximum of $15.0 million and with Bank of America, N.A., for a maximum of $10.0 million. The credit agreements take the form of two master n
Confluence Sells Trimaran Business
Confluence Holdings completed the sale of the assets of its WindRider trimaran sailing line to WindRider LLC registered in Plymouth, MN on October 7, 2005. Terms of the sale were undisclosed. WindRider LLC has acquired all WindRider assets, including the
Dick’s Sporting Goods Featured on ‘The Apprentice’
Dick's Sporting Goods will be one of this season's companies featured on NBC's hit reality show “The Apprentice.” The hour-long episode is scheduled to air on October 27th, and will challenge the two high-energy teams
to create an in-store
Sears Appoints New Executives to Team; Padilla Exits
Sears Holdings appointed a team of executives that will lead marketing, strategy, and Lands' End, reporting to Chairman of the Board Edward S. Lampert. Maureen McGuire will assume the position of EVP and chief marketing officer for Sears Holdings. Co
Timberland and Don Cheadle Team Up to Fight Genocide
Academy Award nominee Don Cheadle and The Timberland Company announced the creation of a limited edition “Save Darfur” boot, t-shirts, and hangtags to raise awareness of the crisis in the region and to inspire civic and political action to help stop the g
The Sportsman’s Guide Increases Q3 Guidance
The Sportsman's Guide, Inc. reported that net sales and diluted earnings per share for the third quarter will be higher than earlier estimates and well above last year's results. Net sales for the quarter ended September 30, 2005 are now expecte
SMS Hires Carlson as National Sales Manager
SMS Clothing appointed Jody Carlson as North American sales manager. Carlson has a broad background in sales, from being an independent rep and store owner, to working as a national sales manager for Capix, Cliché, Momentum, RDS and most recently as North
Sun Company Hires Powell as Marketing Coordinator
Sun Company hired Julie Powell to their team where she assumes the position of Marketing Coordinator. She is in charge of national and international sales and marketing in this position. Julie, a Colorado native, is a graduate of Regis University and hol
Icon’s Q1 Net Loss Increases On Tax and Discontinued Operation Charges
Icon's net sales for the fiscal first quarter ended September 3, 2005 increased 7.1%, to $144.2 million from $134.6 million in 2004. Icon's net loss was $24.8 million in the three months ended September 3, 2005, compared to a net loss in the thr
Zumiez Shareholders to Sell 1.85 Million Shares
Zumiez filed a registration statement with the Securities and Exchange Commission for a proposed offering of 1,850,000 shares of common stock. Selling shareholders will offer all 1,850,000 shares in the proposed offering, and none of the proceeds will go
Two Men Indicted for Theft of 5,000 Nike Shoes
Two men from Kansas City, Kansas have been indicted by a grand jury in a case involving a truckload of 5,000 stolen Nike athletic shoes. Darrell Lawson, 49, and James Peoples, 42, are charged with one count of conspiring together to possess stolen goods t
K2 Third Quarter Earnings Climb 26.5% on 2.1% Sales Increase
K2 Inc. net sales for the third quarter ended September 30, 2005 were $340.4 million versus $333.5 million in the prior year. GAAP diluted earnings per share were 32 cents in the third quarter of 2005 as compared to 26 cents for the third quarter of 2004.
Mueller Sports Wins Patent Infringement Suit
Mueller Sports Medicine has won a patent infringement lawsuit defending the company’s No Glare Strips. A federal court jury in Madison, Wisconsin recently ruled for Mueller against Houston-based SportStar Athletics, also finding SportStar’s actions to be
Under Armour Appoints Retail Marketing Director
Under Armour Performance Apparel announced the addition of Tony Ambroza to its marketing team as the company’s new retail marketing director. Ambroza has over ten years experience in the sports and entertainment industries, and will report directly to St
Confluence to Hire 200 Manufacturing Employees
Confluence plans to significantly increase its workforce over the next four months adding manufacturing and middle management positions. Confluence Holding Corp. acquired Watermark’s boat division based in Easley, SC in May 2005, and this news follows an
