Delta Completes Soffe Acquisition
Delta Apparel, Inc. has completed the previously announced acquisition of all of the outstanding capital stock of M. J. Soffe Co.Delta Apparel has also entered into $78.5 million aggregate revolving credit facilities with Congress Financial…
Coastcast Reports Optimistic Outlook and Termination of Search for Buyer
Coastcast Corporation reported its optimistic outlook and termination of marketing of the company for sale. The offer to take the company private by the chairman/CEO and another director has been been withdrawn and other acquisition proposals were determ
Penguin Taps Foot Locker Vet to Run Sales
Penguin Brands announced that Ted Roberto will be joining the company as National Sales Manager, effective November 1, 2003. Mr. Roberto has spent the last 28 years with Foot Locker, Inc. where he held various senior management positions in sales, produc
CPSC Recalls ParkTool Floor Pump
4,000 ParkTool Professional Floor Pumps have been recalled in an announcement by the CPSC. It was stated that the pump could become over-pressurized “forcing the handle to quickly and unexpectedly rise upward, possibly injuring the user.”
Cold As Ice Renews Tricia Burns Contract
Cold As Ice has renewed its contract with Tricia Byrnes. Tricia will continue to be the champion representative for the Cold As Ice brand and all it stands for in the women’s marketplace. “ We love working with Tricia and have enjoyed our relationship wit
The GoLite Breakaway Series
GoLite will introduce their new Breakaway Series to the bicycle industry at the upcoming Interbike trade show in Las Vegas, Nevada on October 12th – 14th. The product line launch, which includes a full range of packs and apparel, is designed for the road
SIA Expands Winter Trails Program
SnowSports Industries America announced that WINTER TRAILS, a free program that introduces the public to snowshoeing, will expand this year to potentially 100 Nordic Centers that are members of the Cross Country Ski Areas Association…
REI Announces First-Ever Stewards for the Environment Award Recipients
REI announced seven recipients of the first-ever REI Stewards for the Environment awards. The awards program is intended to provide annual recognition to those unsung local environmental heroes who have made a lifestyle out of protecting some of the count
SEC Files Suit Against Sport-Haley
Sport-Haley, Inc. has reported that on September 26, 2003, the U.S. Securities and Exchange Commission filed suit in the United States District Court for the District of Colorado against the Company, its Chairman and former Chief Executive Officer, Robert
Rocky Shoes and Boots Snags Military Boot Deal
Rocky Shoes & Boots, Inc. announced it has entered into a $6.1 million agreement with Belleville Shoe Manufacturing Company to manufacture boots for delivery to the U.S. military. This agreement in non-cancelable and will be accretive to earnings. Ship
Callaway Nabs eBay Counterfeit Club Seller
Callaway Golf Company's investigation of counterfeit golf club sales on eBay.com has resulted in the successful criminal prosecution of an individual in Erie County, New York, and the raid of a factory in China. The counterfeit clubs were tracked to
McMullin Takes Leave at adidas America; Stutts to Head Unit
Ross McMullin, President and CEO of adidas America and Member of the Executive Board of adidas-Salomon AG responsible for North America, has decided to take a leave of absence due to health reasons. For an interim period, starting immediately, adidas Amer
The Finish Line to Look Beyond the Mall…
The Finish Line laid out a revised strategy for growth as the traditionally mall-based retailer pointed to the addition of stores in “lifestyle centers” and even street locations that will push the company’s store count projection above the 800 door level
NRF Report Sees Dimmer Retail View…
The latest Executive Opinion Survey conducted by the National Retail Federation (NRF) and the Bank of Tokyo Mitsubishi Ltd. (BTM) indicates that even as the retail sales outlook remains upbeat versus a year ago, pricing pressure continues to impact the ov
Nike Lays Out Refined U.S. Consumer Strategy; Company Pegs Soccer as Key Focus…
Last week was an important week for Nike’s communication to its investors — and Sports Executive Weekly had the exclusive opportunity to bring the news home to the industry. At the Annual Investor Day held Thursday inside the Emerald City, SEW was able
