West Marine June Comps Increase 1.8%
West Marine, Inc. reported that net sales for the five weeks ended July 3, 2004 were $102.7 million, a 4.3% increase over net sales of $98.4 million for the same five-week period a year ago. Comparable store net sales for June, 2004 increased 1.8% compare
Forzani Settles in Government Advertising Probe
The Forzani Group Ltd. has entered into a Consent Agreement with the Commissioner of Competition resolving the COC's concerns with respect to certain advertising at FGL's Sport Mart and Sport Chek stores. FGL, however, disagrees with the Compet
Holliday Rejoins Russell Corp. as VP IR
K. Roger Holliday has rejoined Russell Corporation as vice president of investor relations effective July 9. Holliday will be based in Atlanta and report to Eric Hoyle, interim CFO. Holliday originally joined Russell in 1986 as director of financial rela
adidas America Expands USD Partnership
adidas America and the University of San Diego have expanded and extended their multi- year partnership, effective immediately. The previous partnership dealt exclusively with the school's football program, which recently hired former NFL QB Jim Har
K2 Closes Marmot Deal; Completes Financing Actions
K2 Inc. has closed its previously announced acquisition of Marmot Mountain Ltd. The purchase price was approximately $84 million plus the assumption of debt. Additionally, K2 announced that it has completed several financing transactions to support curre
Datta Picks Up Entrpreneur of Year Award
Killick Datta, Chief Executive Officer of Global Brand Marketing, Inc. received the prestigious 2004 Ernst & Young Entrepreneur Of The Year Award. The award was presented during an evening celebration at the Beverly Hills Hilton, Los Angeles on June 29…
Sears to Test Schwinn Exercise Bikes
The Nautilus Group, Inc. is teaming up with Sears, Roebuck and Co. to begin a test of its Schwinn Fitness brand of cardiovascular equipment at select Sears locations nationwide. Nautilus will test market certain of its Schwinn fitness exercise bikes in 3
Axcent Sports Adds New Reps
Axcent Sports, the exclusive supplier of Descente Cycle, Run, Triathlon and Fitness apparel in the USA and Canada has added key sales reps in important territories over the last several weeks in preparation for its Spring 2005 product launch. Chris Watson
Trek, Maverick, and Pacific Settle Their Dispute
Maverick American, Pacific Cycle, and Trek Bicycle Corporation have resolved on amicable terms their lawsuits concerning alleged claims of patent infringement. In the lawsuits, Pacific Cycle asserted that Maverick American’s ML7 and Trek’s Klein Palomino
Volant is Re-Born
Under the direction of its parent company Atomic Ski, the recently transformed Volant brand is ready to be reintroduced into the market. Announcing a select line of premium skis, Volant sets the stage for the debut of the world's first true luxury sk
Kelty Hires New Rocky Mountain Rep
Kelty has added Zach Branson to their Rocky Mountain region sales representative team. Branson will operate as part of the rep force at R.J. Guiney Associates,
supporting retailers in Colorado, New Mexico, Eastern Wyoming and Eastern Utah. With 11 years o
Cramer Names Christman as VP of Marketing
Cramer Products has appointed Edward Christman as the company’s new vice president of marketing. Christman leaves his post as senior merchandising manager at Bike Athletic Co. in Atlanta to take the position at Cramer, where he started on June 16. Christ
NSGA: State Participation Details Show Michigan as Most Active State
Among the 11 largest states, making up more than 56% of the U.S. population, residents of Michigan are the most active, according to an analysis of data contained in “Sports Participation in 2003 — State-by-State,” a report published annually by the NSGA
Sears to Acquire 61 Stores From Kmart and Wal-Mart
Sears, Roebuck and Co. has agreed to acquire ownership or leasehold interest in up to 61 off-mall stores in key Sears markets from Kmart Holding Corporation and Wal-Mart Stores, Inc. for approximately $620 million in cash. The majority of the stores are
VF Corp. Completes Vans Deal; Murray Named President
VF Corporation has completed its merger between Vans and a subsidiary of VF for a total purchase price of $396 million including the cashout of stock options. As Vans is now a wholly-owned subsidiary of VF and each outstanding share of Vans stock has bee
