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Callaway Declares Dividend

Callaway Golf Company announced that the Finance Committee of the Board of Directors has approved a dividend with respect to the fourth quarter of 2003 of $.07 per share, payable April 2, 2004, to shareholders of record as of March 12, 2004.

Brown Shoe 2003 EPS Flat on 0.5% Sales Decline

Brown Shoe Company, Inc. reported net earnings for full year 2003 were $46.9 million, or $2.52 per diluted share, versus $45.2 million, or $2.52 per diluted share, in fiscal 2002. Excluding all special charges and recoveries for both years, net earnings

Johnson Leaves Russell

Russell Corporation announced that Thomas Johnson has resigned his position as director of investor relations. Johnson will be joining Movie Gallery as senior vice president for investor relations…

Wolverine Wins Plus Award

For the fifth consecutive year, retailers nationwide have selected Wolverine Boots and Shoes to be the recipient of the Plus Award for overall design excellence in the work category. Wolverine Boots and Shoes has been the sole winner of the work award sin

Lowe Alpine Restructures International Operations

Lowe Alpine intends to relocate its head office, international sales and product design functions from the Kendal, UK site to a new purpose developed facility at the Group headquarters in Italy. The move represents a significant investment by the company

THC Rides Weaker Dollar to Strong ‘03…

The Hockey Company Holdings Inc. sees little potential impact to its equipment business in 2004 from a potential NHL work stoppage, but the apparel end of the apparel business would surely take a hit if the league and the players can’t agree on a new col

GSI Shrinks 2003 Loss, SG Share…

GSI Commerce reported a breakout fourth quarter that helped narrow the company’s total loss for the year. Net revenues for Q4 increased 26% to $95.2 million compared to net revenues of $75.3 million for the Q4 2002. Net merchandise sales, which represe

Hat World Inks Asia Expansion Deal…

Hat World Corp., which was recently acquired by Genesco, Inc., and Mainland Headwear Holdings Ltd. have entered into an a 10-year license agreement to open and operate 200 to 300 stores in Hong Kong and China. Mainland is primarily a manufacturer and exp

adidas CEO Signals U.S. Upside in 2004…

Adidas-Salomon CEO Herbert Hainer was quoted in a Reuters report that the adidas is expecting flat sales in the U.S. in 2004, and may even be “slightly positive”. He said they expect to see “first signs of improvement” in the second half and that it will

And Heads to U.S. Court in Stripe Fight…

In other adidas news, the company has reportedly filed suit against U.S. Polo Association in the U.S. District Court in Portland for trademark infringement. The suit claims that a USPA shoe is a copy of the adidas Superstar product, but with one less str

Ups and Downs in Nike’s Europe…

Spain’s Supreme Court ruled in 1999 that the Nike brand name did not in fact belong to Nike, Inc., at least if the company wanted to market apparel in Spain. Cidesport, a company that had been a licensee of the Nike name was said to be the lawful owner o

Acushnet Pays up to Protect Titleist…

Acushnet and Nitro Leisure Products have settled a suit out of court. Nitro refurbishes used Titleist golf balls and re-sells them for half to a third of the original retail price. At issue is Nitro’s actions that involved collecting used balls and subs

New Toolbox for the Outdoor Industry…

The Outdoor Industry Association has taken a very important first step toward growing human powered outdoor participation by completing the most exhaustive research study of consumer trends conducted to-date. This research does not specifically solve any

Bass Pro Shop Will Open in Indiana

General Growth Properties has signed Bass Pro Shops to be an anchor location at the River Falls Mall located in Clarksville, Indiana. Tentatively scheduled for a fall 2005 opening, the Bass Pro Shops store will serve as a “catalyst for a major reinvention