Payless June Comps Fall 1.0%
Payless ShoeSource, Inc. same-store sales decreased 1.0 percent during the June reporting period, the five weeks ended July 3, 2004. Company sales totaled $289.2 million, a 0.7 percent decrease from $291.3 million during fiscal June of last year. Same-sto
West Marine June Comps Increase 1.8%
West Marine, Inc. reported that net sales for the five weeks ended July 3, 2004 were $102.7 million, a 4.3% increase over net sales of $98.4 million for the same five-week period a year ago. Comparable store net sales for June, 2004 increased 1.8% compare
adidas America Expands USD Partnership
adidas America and the University of San Diego have expanded and extended their multi- year partnership, effective immediately. The previous partnership dealt exclusively with the school's football program, which recently hired former NFL QB Jim Har
Holliday Rejoins Russell Corp. as VP IR
K. Roger Holliday has rejoined Russell Corporation as vice president of investor relations effective July 9. Holliday will be based in Atlanta and report to Eric Hoyle, interim CFO. Holliday originally joined Russell in 1986 as director of financial rela
Forzani Settles in Government Advertising Probe
The Forzani Group Ltd. has entered into a Consent Agreement with the Commissioner of Competition resolving the COC's concerns with respect to certain advertising at FGL's Sport Mart and Sport Chek stores. FGL, however, disagrees with the Compet
Sears to Test Schwinn Exercise Bikes
The Nautilus Group, Inc. is teaming up with Sears, Roebuck and Co. to begin a test of its Schwinn Fitness brand of cardiovascular equipment at select Sears locations nationwide. Nautilus will test market certain of its Schwinn fitness exercise bikes in 3
Datta Picks Up Entrpreneur of Year Award
Killick Datta, Chief Executive Officer of Global Brand Marketing, Inc. received the prestigious 2004 Ernst & Young Entrepreneur Of The Year Award. The award was presented during an evening celebration at the Beverly Hills Hilton, Los Angeles on June 29…
K2 Closes Marmot Deal; Completes Financing Actions
K2 Inc. has closed its previously announced acquisition of Marmot Mountain Ltd. The purchase price was approximately $84 million plus the assumption of debt. Additionally, K2 announced that it has completed several financing transactions to support curre
Trek, Maverick, and Pacific Settle Their Dispute
Maverick American, Pacific Cycle, and Trek Bicycle Corporation have resolved on amicable terms their lawsuits concerning alleged claims of patent infringement. In the lawsuits, Pacific Cycle asserted that Maverick American’s ML7 and Trek’s Klein Palomino
Axcent Sports Adds New Reps
Axcent Sports, the exclusive supplier of Descente Cycle, Run, Triathlon and Fitness apparel in the USA and Canada has added key sales reps in important territories over the last several weeks in preparation for its Spring 2005 product launch. Chris Watson
Deckers Gets Fortune Small Business Accolades
Deckers Outdoor Corporation has been named to the FSB 100, FORTUNE Small Business (FSB) magazine's list of the 100 fastest growing publicly traded small businesses in America. Deckers was the only footwear company to make the list, which appears in t
LaCrosse Picks Up $5.0 Million Military Boot Order
LaCrosse Footwear, Inc. announced that its Danner subsidiary received a $5.0 million GSA delivery order to supply boots to the U.S. military. The order will be for the Company's Desert Acadia boot, which is specifically designed to perform in desert
GSI Commerce Sites Get Top Ranking
GSI Commerce Inc. announced that its e-commerce platform was the leading choice among more of the Top 300 Web retailers in the U.S. than any other solution provider's platform, according to research published in June by Internet Retailer Magazine. W
West Marine Reduces Q2 Guidance on Weather Woes
West Marine, Inc. reported that sales for the second quarter would be approximately $252 million to $256 million, with comp store sales increasing approximately 4% to 5% for the quarter. The retailer said they have been negatively impacted by “unseasonab
SGMA Recreation Market Report Says Sporting Goods Industry Hit $68.6 Billion in 2003
Steady as she goes. That's one way to summarize the U.S. sports products industry, which is nearly $70 billion (at wholesale) in size. According to SGMA International's Recreation Market Report, manufacturers' sales of sporting goods equipm
