Collegiate Pacific Declares Dividend
Collegiate Pacific's Board of Directors approved and declared a quarterly cash dividend of $0.025 per share on the company's common stock for the second quarter of fiscal 2004…
Online Retail Come Into Its Own This Holiday Season
Online retailers are giving thanks for an increase in sales over Black Friday weekend, according to the findings of a new Shop.org/BizRate.com eHoliday Mood Study. The second installment of the study found that more than half of retailers saw sales incre
Sibley’s to Shut Down Operations…
Sibleys Shoes Inc., a key bellwether retailer for urban footwear trends in the Detroit market, said Wednesday that it will close its 29 retail shoe stores in Michigan and Ohio. The closures would signal the end of an 83 year run that started with a singl
After Some Turkey, Mall Retailers Take Aim at the Golden Goose…
While many of our gentle readers were lounging at home, top pants button undone, sated with the Holiday repast, Sports Executive Weekly was out pounding the tile in search of key indicators for this critical holiday season. Due to the realities of geogra
Next, Inc. Bank Won’t Call Note Despite Default Status
Next, Inc. announced that, as a result of the previously disclosed complaint against its former CEO, the Company is in default under its credit facility with LaSalle Business Credit, LLC. The Company is not in default regarding any financial covenant of t
Forzani Group Q3 Earnings Fall 25% as Comps Dip
The Forzani Group Ltd. reported retail system sales for the third quarter ended November 2, 2003 grew by 6.0% to C$260.6 million from C$245.9 million a year ago. Combined revenues, consisting of retail sales from corporate stores and wholesale sales to fr
LOWA Boots Opens New Stamford Offices
LOWA boots officially opens their new doors on Monday, December 1, just in time for the holiday rush. Over Thanksgiving week-end, the LOWA staff will complete the move from their warehouse facility in Burlington, Vermont and corporate offices in downtown
Five Ten Expands McDaniel Sales Territory
Five Ten Footwear is pleased to announce that their long time rep, Robert McDaniel, will be expanding his territory to include Missouri and Kansas. Robert has been representing the 5.10 line since 1998 in the south-central
U.S. territory which includes
GBMI Appoints Ad Agency for Pony Brand
Global Brand Marketing, Inc. has announced that Goodby, Silverstein & Partners has joined as the advertising agency of record for the Pony account…
K2 to Acquire Fotoball in $17 Million Stock Deal
K2 Inc. will purchase Fotoball USA in an all stock transaction with each outstanding share of Fotoball USA exchanged for 0.2757 shares of K2 common stock. Based on the average closing price of K2 shares of $15.85 for the 20 trading days ending November 25
SIA.04 SnowSports Show Aligns with Buying Groups
SnowSports Industries America (SIA), announces key partnerships with leading snow sports buying groups Sports, Inc., Ski Merchandising Corporation (SMC) and Sports Specialists Limited (SSL), marking the third year that SMC and SSL have hosted the Winter S
West Marine November Comps Up 4.5%
West Marine, Inc. reported that net sales for the four weeks ended November 22, 2003 were $34.5 million, a 27.7% increase from net sales of $27.0 million for the same period a year ago. Comparable store net sales for the four weeks ended November 22, 2003
STX Has Different Take on Brine Suit Verdict
STX, LLC announced that in the patent lawsuit filed against it by Brine, Inc. of Massachusetts, a jury returned a verdict of non-infringement of one of two Brine patents asserted. While the jury found that certain STX lacrosse heads infringed a second, la
SBI Appoints Global Licensing Head for Fila
Sport Brands International (SBI) has named Tracey Nelson as Global Leader, Licensing for Fila. Ms. Nelson is the latest in a series of new appointments at the company which was purchased by SBI in June, 2003. Ms. Nelson will report to Bob Galvin, worldwi
Brine Prevails in Suit Against STX
A federal jury in Worcester, MA has returned a verdict of willful patent infringement and damages of over a million dollars in a suit brought by Brine, Inc. of Milford, Massachusetts against STX of Baltimore, MD…