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K2 Outlines Rawlings Deal; Russell, Huffy Also Made Play

<p>It appears that Russell and Huffy were involved in a quiet bidding war for Rawlings this last fall. In an SEC filing on January 17, 2003, K2 Inc., the eventual suitor that won the hand of the venerable sporting goods brand, outlined the process that enab</p>

Tropical Takes Dive on Double Hit&#8230;

<p>Shares at Tropical Sportswear, Inc. dropped almost 25% for the week after the company reported a wider-than-expected loss and Swiss Army Brands announced it would take its apparel license back from the struggling Tampa-based apparel manufacturer&#8230;</p>

Hibbett Sees Benefit in Kmart Woes&#8230;

<p>Presenting at the recent financial day prior The Super Show, the small market operator said it will have 370+ doors by the end of the year in 20 states. Projected 2002 volume is $280 million&#8230;</p>

Tropical Takes Dive on Double Hit&#8230;

<p>Shares at Tropical Sportswear, Inc. dropped almost 25% for the week after the company reported a wider-than-expected loss and Swiss Army Brands announced it would take its apparel license back from the struggling Tampa-based apparel manufacturer&#8230;</p>

ASICS Sues Fred&#8217;s for Knock-offs

<p>ASICS filed suit Friday in the Federal District Court in the Western District of Tennessee against Fred&#039;s, Inc, a 350+ store discount retail chain in the Southeast, for trademark infringement, unfair competition, and trademark dilution&#8230;</p>

Aussie Apparel Group Acquires Brands&#8230;

<p>Aussie Apparel Group, Ltd. signed the closing documents last month to acquire the Hot Tuna, Xisle, Piranha Boy and Piranha Girl brands from Federation Group. The definitive agreement, signed on December 17, 2002, is valued at approximately $7.5 million&#8230;</p>

Pride Manufacturing Acquires Softspikes, Inc.

<p>Pride Manufacturing LLC announced the acquisition of Softspikes Inc. As part of the acquisition, Pride assumes ownership of Sport Holdings Inc., which includes Softspikes Inc., as well as Trisport Ltd. of England, the leading manufacturer of cleats and re</p>

Quiksilver Expands CapEx Budget in 2003

<p>Quiksilver Inc. announced in an SEC filing last week that it expects $35 million to $40 million in capital expenditures in fiscal 2003 ending October 31, 2003. Fiscal 2002 capital expenditures were $22.2 million, compared with $22.6 million in fiscal 200</p>

Another Carolina Mill Files Chapter 11

<p>Chuck Flynt started Flynt Fabrics in 1972 and watched it grow into a player in the textile industry. But last week, Flynt had to tell his employees that his company was filing for bankruptcy protection&#8230;</p>

Delta Mills Q2 Sales Declines 18.8%; Posts Profit

<p>Delta Mills, Inc. reported net sales for the quarter ended December 28, 2002 decereased 18.8% to $35.9 million, compared to net sales of $44.1 million for the quarter ended December 29, 2001. Net income of $0.3 million&#8230;</p>

Tom Clarke Joins Newell Rubbermaid Baord

<p>Newell Rubbermaid Inc. announced the appointment of Dr. Thomas E. Clarke, president, new business ventures for Nike Inc., and an executive with broad experience in the consumer products industry, to its board of directors&#8230;</p>