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adidas Sued by Veggie Group for Roo Shoes

Vegetarians International Voice for Animals filed a lawsuit Wednesday against adidas using a California law intended to protect endangered species. adidas is countering the charge by pointing out that while the company makes shoes using kangaroo leather,

Kellwood Acquires XOXO Apparel License

Kellwood Company announced it has acquired the XOXO license for sportswear, dresses and intimate apparel from Global Brand Holdings. Kellwood's acquisition of the license is subject to the closing of the sale of the XOXO trademark by Aris Industries

Global Brands Acquires Aris Brands

Aris Industries, Inc. announced Wednesday it has signed a definitive trademark purchase agreement with Global Brand Holdings, LLC (“Global”) providing for the sale of the XOXO, XOXO IN AMERICA AND ABROAD, FRAGILE and LOLA trademarks and related assets for

Escalade Ups Stake in STIGA Parent

Escalade, Inc. has increased its ownership interest in Sweden Table Tennis AB from 37.5% to 50%. Sweden Table Tennis AB owns the STIGA table tennis brand name and is the recognized leader in table tennis design and engineering. Sweden Table Tennis AB repo

Foot Locker Shuffles the Upper Deck

The strength of the retailer’s European business, and the planned growth there, made the resignation of Foot Locker Europe CEO Simon Rider a surprise to many. Foot Locker's major expansion plans in Europe were counted on to offset the weakening US b

NPD Responds to NetRatings Patent Suit

The NPD Group, Inc. announced Monday that it filed its response to litigation brought by NetRatings, Inc., an affiliate of VNU NV. NetRatings alleges that NPD infringes upon a patent, which according to the Complaint covers “a system and method for loggi

Brass Eagle Reports Q1 Loss on 33% Sales Decline

Brass Eagle Inc. reported net sales for the first quarter decreased 33% to $13.4 million versus $20.1 million for the same period last year. For the three months ended March 31, 2003 the Company reported a loss of $226,000 or $0.03 per diluted share, comp

Escalade Sports Renews Labor Union Contract

Escalade Sports, a wholly owned subsidiary of Escalade, Inc., announced its union employees have ratified a new three-year labor agreement at its Evansville manufacturing facility. The successful negotiation of this agreement ensures there will be no disr

Russell Q1 EPS Up 38% on 6% Sales Gain

Russell Corporation reported fiscal 2003 first quarter net sales of $228.0 million, a 6% increase over the comparable period last year. The company also reported earnings per diluted share of $.11, a 38% increase over the comparable period last year, whi

adidas Q1 Hit by Weak Dollar; U.S. Backlog Heading Lower

adidas-Salomon reported sales for the first quarter ending March 31, 2003 increased 2% to €1.67 bn ($1.8 bn). On a currency-neutral basis, sales grew 12%. The Group's net income increased 19% to €51 million ($55 million) in 2003. adidas revenues inc

Genesco Warns on First Quarter Sales and Earnings

Genesco Inc. announced that it currently expects to report total sales in the range of $190 million to $192 million for the first quarter ending May 3, 2003, compared to $190.6 million for the same period last year. The company also stated that total sam

Saucony Doubles Q1 Profits on 12% Sales Gain

Saucony, Inc. announced net sales for the first quarter of 2003 increased 12.3% to $39.1 million compared to $34.8 million in the first quarter of 2002. Net income increased 100% to $2.6 million, or $0.42 per share on a diluted basis, compared to net inco

Aussie Apparel Adds Canadian Distributor

Aussie Apparel Group Ltd. announced that it has engaged NRI Distribution Inc. of Kamloops, British Columbia to handle the distribution of Aussie Apparel's Hot Tuna and Xisle brands in Canada. Aussie Apparel also announced that it has hired two new s