<p>Lesson One in trying to kill the golden goose trade show – make the show so big that you have to trek all over town and then shoo away all the retailers with bad timing. Blow into a balloon long enough and it will pop!…</p>
<p>Shares of Russell Corporation rose 4.5% for the week, closing at $15.68 on Friday. The company reported lower Q4 sales and stronger earnings on Thursday…</p>
<p>The loser in the Bike bid posted a 23% increase in net sales for the fiscal Q2 ended December 31, 2002 , racking up $3.5 million in sales . The net loss for the quarter narrowed a bit to -$231.1k from -$253.1k in the year-ago period. BOO saw gross pro</p>
<p>Shares of Dick's Sporting Goods Inc. surged 15.4% for the week after DKS issued a report Monday raising earnings expectations for the Pittsburgh-based retailer. Strong comp store gains — up 4.9% in the quarter ending February 1, 2003 — coupled with </p>
<p>GSI Commerce reported net revenue for 2002 increased 68.2% to $172.6 million. Comp sales increased approximately 16%. The net loss was $33.8 million for the year, compared to a net loss of $30.6 million last year. Net loss per share was $0.88 for 2002</p>
<p>The largest-retailer-on the west-coast said they focused on margins rather than chasing sales in the fourth quarter after good winter weather showed them a “head fake” in early November before disappearing for the balance of the quarter…</p>
<p>Based on results for the fourth quarter and full year 2002, Saucony is already starting to reap the benefits of the strategy the company put in place in mid 2001 to right-size the business and focus on its core consumer…</p>
<p>Italian daily Il Sole/24 Ore reported last week that Nike Inc. is preparing a €400 million ($429 million) offer for Fila Holding SpA. The paper did not cite any sources.<br />
The financial newspaper suggested that NKE would assume €280 million of Fila debt</p>
<p>K2 Inc. has set the vote on the proposed acquisition of Rawlings Sporting Goods Inc. for March 26, 2003. The special shareholder meeting is scheduled to be held in Los Angeles, CA. Investors of record on February 24, 2003 will be eligible to participat</p>
<p>The world’s most famous long-term investor’s Berkshire Hathaway company said that it will pay $579 million in cash to the creditors of Burlington Industries Inc., the textile manufacturer that filed for Chapter 11 bankruptcy protection in 2001…</p>
<p>Huffy Corporation reported that a charge related to the settlement of two lawsuits against a former subsidiary led to losses for the fourth quarter and full year…</p>
<p>The acquisition of Royal Elastics and the launch of the National Geographic footwear line were disappointments in 2002, but K-Swiss expects moves made with both brands to bear fruit in the coming year. The K-Swiss Classics business will continue to fuel </p>
<p>The Finish Line Inc. has decided to stay in Indianapolis and begin a $20 million expansion at its corporate headquarters — a project that will more than double its square footage and add 90 new jobs…</p>
<p>Call it class warfare, but the questions swirling around Kobe Bryant’s search for a new sponsorship deal may well be answered in the court of public opinion in a place where he didn’t grow up – the urban inner city…</p>
<p>We made a tongue-in-cheek projection in last week’s SEW that — due to the proliferation of minor press releases put out by the company the previous week – Oakley, Inc. was going to have one doozey of an earnings report for Q4 and full-year 2002…</p>
