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Quiksilver Makes Senior Executive Promotions

<p>Quiksilver Inc. announced several executive promotions for the company&#039;s domestic business. Greg Ziegler, formerly executive vice president of operations, becomes chief operating officer. The copany also named presidents of its men&#039;s and women&#038;</p>

SGAA January Agent News

<p>For the second year in row, the Coach &#038; Connect program, co-sponsored by the Sporting Goods Manufacturers Association International and the Sporting Goods Agents Association was a jam-packed event, attended by sales agents who were given the opportunity t</p>

InSport International Rebrands Corporate Identity

<p>Seeking to invigorate its position as the leading specialized manufacturer of athletic apparel, InSport International released its new brand identity to the trade last week during the Outdoor Retailer Show&#8230;</p>

Vans Gets $8.0 Million Award in Brabson Lawsuit

<p>Vans was awarded approximately $8.0 million in a lawsuit Vans had filed against a former officer and consultant and their affiliates in March 2002. The suit alleged that the defendants engaged in a conspiracy to get unauthorized payments or commissions fr</p>

Mr. Rags Files Chapter 11

<p>California-based Mr. Rags Acquisition Inc. has filed for Chapter 11 bankruptcy protection. A private investment firm bought the 114 store teen retailer last spring from Claires Stores&#8230;</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>

Head Consolidates Winter Sports Operations

<p>Head N.V. announced a two-stage process to consolidate offices and warehousing in the U.S. The Head Tyrolia Wintersports business will move to Norwalk, CT and the company&#039;s Winter warehouse will be consolidated into the new, larger, state-of-the-art</p>

Puma Continues Record Streak in 2002

<p>Preliminary reports for Puma AG indicate that the company saw consolidated sales jump 52.1% on a currency-neutral basis to $983.9 million (909.8 million) from $646.8 million (598.1 million) last year. Currency-adjusted sales increased by a healthy 54.8</p>

Mr. Rags Files Chapter 11

<p>California-based Mr. Rags Acquisition Inc. has filed for Chapter 11 bankruptcy protection. A private investment firm bought the 114 store teen retailer last spring from Claires Stores&#8230;</p>

adidas Net Income Growth Slowing in 2003

<p>adidas-Salomon AG reported that sales for 2002 grew 11% on a currency-neutral basis exceeding $7.04 billion ( 6.5 billion) for the year. Net income rose 10% to $248 million ( 229 million), or $5.46 per share, up from $4.98 per share in 2001. Currency</p>

Foot Locker Signaling a Succession Plan

<p>Foot Locker announced that Rick Mina has been promoted to a newly created position of President and CEO of Foot Locker, Inc., U.S.A. He will report to Matt Serra, Foot Locker, Inc.&#039;s President and CEO. Mina will be responsible for the company&#039;</p>

Sport Chalet Bucks Trend, Posts Gain

<p>Sport Chalet saw a turnaround in comp store sales in their fiscal Q3 ending Dec. 31, 2002, posting a 2.2% same-store sales gain in a very tough retail quarter. SPCH had reported a 2.3% decline in comps in their Q2&#8230;</p>

Sports Authority Shares Drop on Warning

<p>Sports Authority shares fell almost 17% for the week, closing at $5.59 on Friday. The drop was due to a company report that earnings from operations in the fourth quarter would come in at 46 cents to 49 cents a share, well below its previous expectations</p>

Sport Supply Group Announces Improved Results for Quarter

<p>Sports Supply saw revenues for the fiscal third quarter rise 8.7% to $18.5 million. The net loss for the quarter ending Dec. 27, 2002 narrowed to $2.4 million compared to a $3.7 million loss for the year ago period. Gross profit decreased 100 bps to 27.</p>