VF Corp. Issues Q2 Sales and Earnings Warning
Citing difficult retail conditions, the parent company of The North Face, Eastpak and Jansport revised its expectations for earnings and sales for the quarter ending July 5, 2003. The Company now believes that second quarter earnings per share could decl
Kellwood Company to Acquire Kasper ASL
Kellwood Company announced the signing of an agreement to acquire Kasper A.S.L., Ltd., according to Hal J. Upbin, Kellwood chairman, president, and chief executive officer. Kasper will be structured as a stand-alone company under the Kellwood Womenswear
Cybex Gets Re-Financing Deals; Ups Q2 Guidance
Cybex International, Inc. announced that it has received commitment letters from CIT Business Credit and Hilco Capital LP to provide a $30 million, three year senior financing facility which would re-finance the Company's current bank debt with Fleet
Sport-Haley Adds Top-Flite To Apparel Stable
Sport-Haley, Inc. announced an amendment to their existing licensing agreement with The Top-Flite Golf Company, formerly known as Spalding Sports Worldwide, Inc. Sport-Haley now has the right to manufacture and market a full line of golf apparel bearing
May Company Names New Foley’s Chairman
The May Department Stores Company has named Andrew T. Hall chairman of Foley's, its department store division based in Houston. His appointment is effective immediately. Mr. Hall succeeds Mark J. Weikel. Andrew P. Pickman, 51, continues as president
The Hockey Company Holdings Closes Initial Public Offering
The Hockey Company Holdings Inc. announced Wednesday that it has closed its initial public offering. Its common shares are listed on the Toronto Stock Exchange under the symbol “HCY”. Merrill Lynch Canada Inc. acted as lead underwriter in a syndicate tha
Finish Line Breaks Ground on HQ Expansion
The Finish Line, Inc. broke ground Tuesday on a $20 million expansion to its Indianapolis, Indiana-based corporate headquarters and distribution center. Indianapolis Mayor Bart Peterson took part in the ceremony…
Brooks in Marine Corp Marathon Licensing Deal
Brooks Sports Inc. has signed a “groundbreaking” licensing agreement with Marine Corps Marathon (MCM). As part of the new partnership, Brooks Sports becomes the first company to manage production, design and marketing for all MCM licensed and commemorativ
SGMA: Extreme Sports Are Still ‘Hot’ in the U.S.
Extreme sports are here to stay – on the American sports scene. These sports run the gamut of shooting, skating, climbing, running, biking, as well as snow and water sports. According to SGMA International's analysis of the current Superstudy® o
Brunswick Acquires Coin-Operated Pool Table Maker
Brunswick Corporation has acquired the assets of Valley-Dynamo, LP for $34.5 million from private investment firm Fenway Partners, Inc., and an individual investor, each of which had owned 50 percent of the company. Valley-Dynamo is a leading manufacturer
New Kmart Starts Trading on Nasdaq
Kmart Holding Corporation announced that the NASDAQ Stock Market, Inc. has approved the quotation of the Company's common stock on the NASDAQ National Market System. The common stock began trading Tuesday on the NASDAQ National Market under the symbo
Winning Edge to Rep Southern Athletic
Southern Athletic has tapped Winning Edge Sales Group, Inc. to nationally represent the Southern Athletic line of team uniforms and accessories. Winning Edge Sales Group, Inc., formerly W. Lamar Young & Co, was the national sales agency for Bike Athletic
SGMA Outlines State of Canadian SG Market
Strong and steady single-digit growth. That's one way to summarize the state of the sporting goods market in Canada. That figure is one of many facts found in SGMA International's 2002 Canadian Sporting Goods Market Report (2003 edition) prepa
Gilbert Turns His Attention to Huffy Corp.
The same investor who was the largest shareholder in Rawlings Corporation prior to its recent sale, has announced a 5.23% ownership in Huffy Corporation according to a 13D filed with the Securities and Exchange Commission Monday morning. Daniel Gilbert an
Hibbett Sporting Goods Announces Stock Split
Hibbett Sporting Goods, Inc. announced that its Board of Directors has approved a 3-for-2 stock split. The stock split will be affected in the form of a 50% stock dividend, and the new shares will be distributed on or about July 15, 2003, to stockholders
