Big 5 SG Prices Secondary Offering
Big 5 Sporting Goods Corporation announced the pricing of a public offering of 5,200,000 shares of its common stock at $18.12 per share. The offering was increased from the previously announced amount of 4,500,000 shares…
Sake Inc. Q3 Earnings Jump on Extraordinary Charges
Saks Incorporated recorded net income of $12.4 million, or $.09 per share, for the third quarter ended November 1, 2003, compared to net income of $1.9 million, or $.01 per share, last year. For the third quarter, total sales grew 4.3%, and comparable st
Reebok Inks Alliance Deal with American Heart Association
Reebok International Ltd. has announced plans for a multi-faceted alliance with the American Heart Association (AHA) to increase public awareness and raise funds to fight heart disease, the #1 cause of death in America. With the help of the AHA, Reebok w
Life Link Adds New Link
Life-Link, the leading manufacturer of backcountry travel gear, is proud to announce that world-renowned professional snowboarder, Travis Rice has signed with the company to promote its Avalanche Safety Gear and to help form Life-Link's New Avalanche
Krueger to Run CAT Footwear Business for Wolverine
Wolverine World Wide announced that Blake W. Krueger, the Company's Executive Vice President and General Counsel, will assume responsibility for the global CAT Footwear business. In this new capacity, Krueger will continue to report directly to Timo
Gildan Moves into Georgia; Major Investor Divests Over Labor Issues…
In its ongoing battle with Russell Corporation in the Artwear/Careerwear category, Gildan Activewear Inc. has formed a 50-50 joint venture with Frontier Spinning Mills Inc. to acquire the assets of a yarn-spinning facility in Cedartown, GA for $12.5 milli
New Balance Talks on China Strategy…
In an exclusive interview with Sports Executive Weekly, New Balance Athletic Shoe president Jim Tompkins threw water on a Chinese newspaper report that suggested that New Balance would open 70 stores in China by the end of next year.
Can Everlast Expect to Ride Bling Bling to Better Results?
Everlast Worldwide is putting its name on everything these days — with a new jewelry line and a new fragrance the latest additions — in an attempt to bolster licensing revenues even as product sales continue to fall. Third quarter net sales for the com
Warnaco Looks for More from Speedo…
Speedo parent Warnaco said that the company’s swimwear group always runs losses in the third quarter since the company sees just 10% of its total year revenues for the division in Q3. But the operating loss widened for the period to $8.6 million from $3.
Lower GM Hurts Golfsmith Q3 Profits…
Golfsmith International saw net income for the third quarter fall 70.6% to $1.1 million from $3.4 million in the year-ago period. Net income from U.S. operations contributed 85.3% of total earnings, while Canada operations contributed 10.4% and Europe pro
Margins Help Adams Golf Pare Q3 Loss…
The combination of rising sales and improved efficiencies had an obvious impact on the bottom line at Adams Golf, with the company posting a narrowing its Q3 loss to $343,000 from a loss of $4.3 million in the year-ago period. Total net sales increased 3
SIA Booth Space Officially Sold Out
SnowSports Industries America (SIA)
reports today that the SIA. 4 SnowSports Show is officially sold out. The SIA.04 SnowSports Show will be held at the Mandalay Bay Convention Center in Las Vegas, Nevada, January 26-29, 2004…
Retailers and Vendors Announce Container Environmental Survey
More than a dozen manufacturers, retailers and shipping companies, including LL Bean and Nike, Inc., have announced the Clean Cargo Environmental Performance Survey for shippers to gauge their carriers' environmental
management performance and addres
Urban Outfitters Q3 Net Income Jumps 76%
Urban Outfitters, Inc. announced earnings of $14.1 million
for the third quarter ended October 31, 2003, a 76% increase over the comparable quarter last year. Third quarter earnings per diluted share rose to $0.35 this year versus $0.20 in the prior year.
Head NV Rides Exchange Rate to Improved Q3
Head N.V. reported that net revenues for the three months ended 30th September, 2003 increased 12.1% to $116.6 million compared to the three months ended 30th September, 2002. Net income increased 16.4% to $2.2 million. Winter Sports revenues increased
