SGMA: Sporting Goods Manufacturers Financial Performance Improves
U.S. sporting goods manufacturers managed to increase sales and profitability in 2002, despite the stagnant economy, by controlling costs and leveraging assets. That's the key finding of SGMA International's 20th Annual Study of Financial Pe
Aussie Apparel Adds U.K. Licensee for Hot Tuna
Aussie Apparel Group Ltd. announced that on May 15 it signed an agreement with Revo (UK) Ltd. to be the exclusive licensee for the Company's Hot Tuna brand in the United Kingdom and Ireland. The agreement with Revo calls for minimum sales of $14.1 mi
Galyan’s Breaks Ground on New Corporate Offices
Galyan's Trading Company, Inc. announced today they would build a 100,000 square foot state-of-the-art corporate headquarters in Plainfield, IN in close proximity to their distribution center…
The Sports Authority Honors Vendor of the Year Award Recipients
The Sports Authority, Inc. has announced their 2002 Vendor of the Year Award recipients. The award recognizes outstanding vendor partners that took the business of sporting goods at the Sports Authority to a higher level in 2002. Vendor of the Year Awar
Warren Sapp Takes Game to Team Jordan
Jordan, a division of Nike, Inc., announced the addition of six-time Pro Bowl defensive tackle Warren Sapp to Team Jordan, the elite group of professional athletes hand-picked by Michael Jordan to represent the Jordan brand of footwear and apparel…
Variflex Fiscal Q3 Profits Jump 145% as Sales Climb 56%
Variflex, Inc. reported net sales of $21.3 million for the fiscal third quarter ended April 30, 2003 compared to $13.7 million for Q3 2002, an increase of 56%. VFLX also reported net income for the quarter of $1,338,000 or $0.29 per diluted share, compare
Aussie Apparel Announces 5 for 1 Forward Stock Split
Aussie Apparel, Inc. announced that its board of directors has approved a five-for-one forward stock split of the company's common stock. The forward split will be effective on Tuesday, May 27th, 2003 to the holders of record of Aussie Apparel'
Aussie Apparel Group Has Stock Symbol Change
Aussie Apparel Group Ltd. announced Tuesday that NASDAQ changed its new symbol from AAPR to “AASI.” The change was due to an inadvertent error at NASDAQ whereby the AAPR symbol just issued to the company apparently conflicts with the symbol of a NYSE comp
Sports Authority Q1 Net income Shrinks as Sales Dip 4.0%
The Sports Authority, Inc. reported net income of $0.5 million or $0.01 per diluted share for the first quarter ended May 3, 2003, versus $1.7 million or $0.05 per diluted share for the first quarter of the prior year. Sales for the first quarter were $3
Genesco Q1 Earnings Fall 60% on Slight Sales Uptick
Genesco Inc. reported net earnings of $3.3 million, or $0.15 per diluted share, for the first quarter ended May 3, 2003, compared with $8.2 million, or $0.33 per diluted share, for the first quarter last year. Net sales for the quarter were $193 million
Icon Prevails in Nautilus Suit Over Crossbow
The United States District Court for the Western District of Washington sided with ICON on Wednesday in all matters before it, denying Nautilus' request for an injunction against ICON in continuing to sell the CROSSBOW and further ruling the CROSSBOW
Oakley and Luxottica Group Settle Litigation
Oakley, Inc. has settled two previously announced patent and intellectual property lawsuits pending against Luxottica Group S.p.A. and its subsidiaries. Neither party admitted to any wrongdoing in either case, and all claims and counterclaims were releas
Hilfiger Suit Wipes Out Goody’s Q1 Profit Gain
Goody's Family Clothing, Inc. reported net earnings of $1,863,000, or $0.06 per diluted share, for the 13 weeks ended May 3, 2003, compared with net earnings of $5,572,000, or $0.17 per diluted share, for the 13 weeks ended May 4, 2002. Total sales
Reebok Issues LeBron James Concession Speech
The following statement was released by Reebok mid-day Thursday after high school basketball phenom LeBron James signed an endorsement deal with Nike late Wednesday night:
While we believe LeBron James would have been a tremendous asset to
The Bon-Ton Narrows Q1 Loss as Sales Decline 6.2%…
The Bon-Ton Stores, Inc. reported a net loss of $2.9 million, or $0.20 per share, for the first quarter of fiscal 2003 compared to a net loss of $4.4 million, or $0.29 per share, for the first quarter of fiscal 2002. First quarter comparable store sales