Callaway Approved as Top-Flite Stalking Horse; Will Not Get Break-up Fee Provision
The U.S. Bankruptcy Court in Delaware on Wednesday established a process and a timetable for the sale of substantially all the assets of The Top-Flite Golf Company, approving Callaway Golf's initial bid of $125 million to be the “stalking horse” bidd
OR/FFR Bring In Sales and Marketing Talent…
Outdoor Retailer and Fly-Fishing Retailer announced two additions to their marketing and sales departments. Margie Staley will be OR Summer Market, Winter Market and Fly-Fishing Retailer World Trade Expo’s new Marketing Manager and Marisa Nicholson was
Nordica Rep to Head Product Development
Nordica USA has named one of its current sales reps to head up the ski product development for the USA. In his new role as Ski Product Manager, Jon Rucker will be responsible for working with Nordica Spa and the dealers in the USA to dramatically grow the
Kohl’s Snags CFO From Abercrombie and Fitch
Kohl's Department Stores announced that Wesley McDonald is joining the company as executive vice president and chief financial officer. McDonald comes to Kohl's from Abercrombie and Fitch, where he has served as chief financial officer since 20
VF Corp. Saves a Sinking Nautica….
VF Corp. chairman & CEO Mackey J. McDonald breathed a sigh of relief as the agreement to purchase Nautica was finalized on July 7th…
Who Wants to Be a Billionaire…
Callaway’s proposed acquisition of Top-Flite, once completed, would see Oaktree Capital Management entirely divested of the former Spalding Sports business it took control of in April 2002. Earlier this year, Oaktree sold the company’s Etonic golf shoe d
Latest Riddell Flip Brings Cash Aplenty…
Riddell Sports Group has been flipped once again after a two-year ownership stint under Lincolnshire Management…
Delta Looks to Soffe for Business Boost…
The deal that sees Soffe become a unit of publicly-traded Delta Apparel Inc. appears to be worth $72 million if all performance conditions are met…
Nike Signs Taylor and Purcell to Lifetime Deals…
The company may have solidified their future in performance basketball with the signings last month of Kobe Bryant, LeBron James and Carmelo Anthony, but the addition of the key retro icons strengthens Nike’s foothold in the fashion end of the footwear ca
Oakley Q2 Earnings Fall 18% As U.S. Business Continues Slide
Oakley, Inc. reported second quarter net sales slipped 0.9% to $143.8 million compared with $145.1 million in the prior year period. Net income for the second quarter totaled $18.2 million, or $0.27 per diluted share, compared with net income of $22.3 mi
Huffy Corp. Announces New Euro Golf Structure
Tommy Armour Golf and RAM Golf announced a new business structure to manage the Company’s operations throughout the European Market. James Wilson has been appointed Managing Director, Europe for Tommy Armour Golf. Graeme Stevens of UK Golf Services will
Mountainsmith Partners with Trek-VW Racing Team
Mountainsmith has announced a partnership with the Trek-Volkswagen Racing Team to become their official pack and luggage supplier. The agreement makes official the partnership that started earlier this year designating Mountainsmith to outfit the high-vi
Prince Sports Launches New Customer Sat Initiatives
Prince Sports, Inc. has launched a series of customer satisfaction initiatives that include extended customer service hours, a dealer feedback line, and quicker turnaround times for order shipments, among other enhancements…
Sabo Named National Accounts Manager for Wilson
Derron Sabo, formerly Territory Manager for Wilson Golf, has been promoted to National Accounts Manager – Golf for Wilson Golf & Racquet Sports. He is now responsible for golf sales to national accounts and golf course buying groups, and share duties wit
Play It Again Parent Sees Q2 Revenues Decline 11%
Winmark Corporation announced $756,400, or $.12 per share diluted, compared to net income of $724,000, or $.12 per share diluted, in 2002.