<p>Value City Department Stores, Inc. announced that effective February 2, 2003, the company will begin to reorganize its corporate structure into a holding company with three retail operating entities and a service organization… </p>
<p>Luxottica Group S.p.A. and Versace Group jointly announced the signing of a worldwide license agreement for the design, production and distribution of Versace, Versus and Versace Sport sunglasses and prescription frames…</p>
<p>Shares of Big 5 Sporting Goods Corp. were down 5.6% Wednesday on news released a day earlier (<a href="/news/article.asp?section=9&id=3837">Story</a>) that the-largest-sporting-goods-retailer-on-the-west-coast cut its profit outlook for its fourth quarter</p>
<p>Royal Precision Inc. continues losing money, but the maker of golf club shafts and grips managed to cut its losses in the quarter ending Nov. 30 by almost two-thirds thanks to a 23% jump in sales…</p>
<p>Frisby Technologies, Inc. announced that it has filed a voluntary petition for Chapter 11 reorganization with the U.S. Bankruptcy Court for the Middle District of North Carolina…</p>
<p>Callaway Golf Company demanded and received a correction of an erroneous news report circulated by Bloomberg, the international financial news wire service… </p>
<p>Smith & Wesson Holding Corporation announced its newest licensing agreement with Nissho Iwai General Merchandise Corporation of Japan for the design, manufacture and distribution of men's and women's apparel that will bear the Smith & Wesson nam</p>
<p>The Warnaco Group, Inc., parent of apparel brands Speedo and Authentic Fitness, announced that the U.S. Bankruptcy Court for the Southern District of New York confirmed its Plan of Reorganization on Thursday…</p>
<p>Callaway Golf expects net sales and earnings for the year ended December 31, 2002 to be at the high end, if not slightly above, the range provided on December 16, 2002…</p>
<p>Skechers USA, Inc. announced that effective immediately it is assuming the distribution of its product in Canada…</p>
<p>The Sportsman's Guide, Inc. announced that the Company will report total sales in the range of $65 to $66 million and net earnings per share of $0.50 to $0.52 for its fourth quarter ended December 31, 2002…</p>
<p>Sears, Roebuck and Co. reported net income was $1.4 bn, or $4.29 per share, for 2002 as compared to $2.24 per share last year. Reported fourth quarter 2002 net income, including the non-comparable items, was $848 million or $2.67 per share, compared with</p>
<p>Federated Department Stores, Inc. announced the strategic integration of its Rich's and Macy's stores in metro Atlanta beginning in February, as well as plans to bring Bloomingdale's to the Atlanta market in two major malls as early as fall</p>
<p>Federated Department Stores, Inc. provided preliminary earnings guidance for fiscal 2003, which will be further refined with the conclusion of fiscal 2002 and when year-end earnings are released on February 25…</p>
<p>Upon finalization of the sale of the Nordica brand from Benetton to the Tecnica Group on February 1, 2003, Nordica will establish an independent subsidiary in the USA…</p>
