Other Suitors Enter Elder-Beerman Bidding
EB Acquisition Ltd. sent a letter Wednesday to Steven Mason, the Chairman of the Board of Directors of The Elder- Beerman Stores Corp., expressing an interest in acquiring Elder-Beerman pursuant to an all-cash offer that would represent a premium to the c
Wilson Appoints Golf Marketing Team
Wilson Golf & Racquet Sports announced four appointments within the newly restructured division. Mike Boylan will assume total control of premium and recreational clubs as Business Director, Golf Clubs, while Jeff Sernick will remain Business Director, G
Boyle, Galyan and Burton Inducted into Sporting Goods Hall of Fame
The Sporting Goods Industry Hall of Fame made its inductee presentations Tuesday morning at the 39th Annual NSGA Management Conference and 5th Annual Team Dealer Summit in Phoenix. Gertrude (Gert) Boyle, Chairwoman of the board of Columbia Sportswear; Ja
Nautilus Group Appeals Ruling in ICON Action
The Nautilus Group, Inc. announced that it has appealed a ruling by a U.S. District Court in which the Court denied the company's motion for a preliminary injunction and granted partial summary judgment to ICON Health and Fitness, Inc., on the issue
K2 Agrees to Sell Light Pole Business for $19 Million
In an effort to focus its business on core sporting goods products and markets, K2 Inc. will sell certain light pole assets to the Genlyte Thomas Group LLC…
The Finish Line Sees Shift in Apparel Managment
The Finish Line, Inc. announced that Nancy Hannibal, Vice President of Apparel, will be assuming the new position of Consultant for Apparel Strategic Planning. As a result, Glenn Lyon, Executive Vice President of Merchandising and Marketing, will assume
Foot Locker Files Its Delayed 2002 10-K with SEC
Foot Locker, Inc. filed its 2002 Form 10-K with the SEC on Monday. Foot Locker filed for an extension on May 2, 2003 with the SEC due to ongoing technical discussions between the company, its independent outside auditors and the SEC regarding the classif
Timberland Appoints New PR Agency
Porter Novelli has been appointed an agency of record by The Timberland Company effective immediately. Porter Novelli, one of the world's ten largest public relations firms, will manage public relations on behalf of Timberland footwear, apparel and
Nautilus Safety Footwear to Partner With Feetures! Sport Socks
Nautilus Safety Footwear has begun a joint venture with Feetures! Brand Sport Socks. Wayne Elsey, president and CEO of Nautilus Safety Footwear, said that his company planned a broad promotion to highlight the Feetures! sport socks and how they complement
Nordstrom Q1 Sales Up 3.5%; Records $27 Million Profit
Nordstrom, Inc. reported net earnings of $27.2 million, or $0.20 per diluted share, for the first quarter of 2003, which ended May 3, 2003 versus a net loss of $24.6 million, or $0.18 per diluted share for the year-ago period. Net sales for the quarter i
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