Sport Chalet Fiscal Year Net Income Shrinks 13.2% on 0.9% Dip in Comps
Sport Chalet, Inc. reported that sales for its fiscal year ended March 31, 2003 increased from $227.3 million last year to $238.0 million this year, a 4.7% increase. Same-store sales declined 0.9% for the year. Excluding winter-related merchandise, sale
Adams Golf Announces Nasdaq Delisting
Adams Golf has received a Nasdaq staff determination that its securities will be delisted from The Nasdaq SmallCap Market at the opening of business on May 22, 2003 for failure to regain compliance with the minimum $1.00 closing bid price per share requir
Authentic Fitness Names Friedman GM of Speedo Footwear
Harry Friedman has been named general manager of Speedo® Footwear and Accessories, a new position according to an announcement made today by Roger Williams, President and COO of Authentic Fitness Corporation….
Everlast Nabs TSA Vendor Award for Logistics
Everlast Worldwide Inc. announced it received the 2002 Vendor of the Year Award for Logistics for Softlines from The Sports Authority…
Russell Completes Spalding Acquisition
Russell Corporation on Friday announced that it has completed the acquisition of the brands, inventory, contracts and related assets of the sporting goods business of Spalding Sports Worldwide, Inc., including the SPALDING brand name as well as DUDLEY, a
Jack Smith Joins Florida Mall Advisory Board
The Design World Center at the Fashion Mall in Plantation, FL announced that Jack A. Smith, founder and former C.E.O. of The Sports Authority will join their advisory board…
Oakley in Partnership Agreement with Ducati
Oakley, Inc. announced that it had entered into a licensing agreement with Ducati Motor Holding S.p.A. for exclusive models of Oakley eyewear. Oakley will distribute the products through its own sunglass distribution points worldwide. These products will
Dutch Authorities Destroy Columbia Knock-Offs
Last November, Dutch Customs at the Port of Rotterdam seized 2900 imitation Columbia Sportswear jackets bearing the label “Solumbia” and featuring a simulation of the well-known “Columbia diamond” trademark. Through the Dutch legal process, all 2900 imit
SIA: Chain Store Sales Were Down 5.1% for 02/03 Season
Chain store sales were down 5.1% for the 2002/03 winter sports season (August through March) compared to the same period in 2002. In dollars, that translates to $487.6 million in sales compared to $513.7 million in 2002. The unit sales tracked 10.5% beh
SIA: Specialty Store Sales Rose 7.1% for Season
Overall sales for the entire winter sports market increased by 4.1% in dollars to $2.2 bn compared to $2.1 bn in 2002 for the season according to the SIA Retail Audit. Sales at specialty ski and snowboard shops through the end of the season were up 7.1%
Brunswick Sets Aside $25 Million for Precor Settlement
Brunswick Corporation announced that its Life Fitness Division has been in negotiations regarding a potential settlement of a lawsuit with Precor. Although the parties have not reached a final settlement of the lawsuit, in light of developments in connec
Target Corp. Q1 EPS Flat on 7.6% Sales Gain
Target Corporation reported earnings per share for the first quarter ended May 3, 2003 were flat at 38 cents, compared the first quarter last year. First quarter net earnings increased 1.3% to $349 million, compared with $345 million in 2002. Total reve
Champs Sports Signs the Barber Brothers
Champs Sports has signed National Football League star players Tiki Barber of the New York Giants and Ronde Barber of the Tampa Bay Buccaneers as spokesmen for the Foot Locker division…
The Buckle Q1 Net Income Down 30.4% on Flat Comps
The Buckle, Inc. reported net income for the first quarter of fiscal 2003 was down 30.4% to $3.0 million, or $0.14 per share, compared with $4.3 million, or $0.20 per share for the first quarter of 2002. Net sales for the quarter increased 2.3% to $81.7
Mossimo Q1 Net Income Halved as Sales Increase 5.4%
Mossimo, Inc. reported first quarter 2003 revenue of $5.9 million compared to $5.6 million for the same period last year. The Company reported first quarter net earnings of $1.4 million compared to net earnings of $3.0 million for the same period last yea