ProfitLogic, whose suite of Merchandise Optimization solutions helps retailers make more profitable merchandising decisions, announced its acquisition of Spotlight Solutions, the number two player in the Merchandise Optimization market…
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Huffy Issues Profit Warning on Weaker Q3 Sales
Huffy Corporation announced that sales and earnings for August were below anticipated levels and the company now sees full year sales in the range of $455 million to $460 million and EPS in the 44 cents to 52 cents range. The revised forecast is in sharp
Brunswick Settles Precor/Life Fitness Action
Amer Group Plc has recognized a gain of $23 million following the amicable settlement of a patent litigation case in the U.S. The Life Fitness division of Brunswick Corporation will pay the settlement amount in two annual installments in 2003 and 2004, i
Joy Files Chapter 11 as Factor Goes South
Joy Manufacturing filed for Chapter 11 bankruptcy protection Tuesday after the collapse of its factor, E.S. Bankest, left it unable to pay its bills, said Larry S. Schantz, the company's attorney in report in the Miami Herald. Schantz said in the r
ITF Launches New Website
The ITF today relaunches its website as part of its commitment to increase the range and accessibility of tennis information available to all audiences over the internet. Building on the successes of the Official Davis Cup and Fed Cup websites, which are
Russell Corp. Issues Profit Warning for Q3
Russell Corporation revised its earnings expectations for the 2003-third quarter and 2003-fiscal year, primarily citing difficult conditions in the Artwear channel. The company now forecasts earnings for the 2003-third quarter ending October 5, 2003 to b
Pony Apparel Will Hit The Shelves Once Again
Pony International, the world's leading modern fashion performance brand, today announced it will be re-launching the apparel line with the Fall/Winter 2004 collection featuring men's and women's contemporary athletic and lifestyle product.
Apparel Retail Looks Lopsided Too…
It’s also starting to sound like a broken record over at Pacific Sunwear as the other mall darling continues to yank business away from the teen retail sector through superior merchandising and product selection in two very different formats…
WV Gives Cabela’s a Big Incentive…
Cabela’s has been considering locating their new superstore and distribution center in Wheeling, WV for some time now, and it appears the town wants them to make up their mind…
Callaway Wins Top-Flite Bidding Fight…
Callaway Golf Company has prevailed in the auction to purchase substantially all of the assets of the Top-Flite Golf Company. The acquisition was approved by the U.S. Bankruptcy Court in Wilmington, DE on Thursday…
Gen “Y” Spending On the Rise, But…
The next generation is spending more each year, and saving less according to a national study. People between the ages of eight and 21 years-old earn around $211 billion each year and spend $172 billion. The income is down from Harris Interactive's
Skate to Surf Shift in Full Swing at ASR Show…
The Action Sports Retailer show held over the weekend in San Diego is always an exciting event and this year’s version was no exception. Only Outdoor Retailer has the same vibe, with the aisles filled with participants and enthusiasts who live the sport
SBI Taps ProLine for Fila Partner in the U.K.
Sport Brands International, the new holding company that recently completed the purchase of Fila and all of its subsidiaries worldwide, announced today that it has formed a multi-year strategic partnership with Watford-based Proline in the United Kingdom.
Osprey Announces New Distributors
Backpack manufacturer, Osprey Packs, Inc. based in Cortez Colorado, has appointmed Southern Approach in Christchurch, New Zealand and Wild Rampage in Shanghai China as exclusive distributors in those countries. Both companies will launch the Osprey produc
REI Opening New Oregon Store
Recreational Equipment Inc. announced plans to open a 26,000 square-foot store in Hillsboro, Ore., in November of 2004. It will be REI’s third store in the Portland area…
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