Footstar, Inc. reported that it has received a waiver and extension until February 27, 2004 of the requirement to provide financial statements to the syndicate of banks, led by Fleet National Bank, that provide the Company's $345 million senior secur
Results for "M"
LaCrosse Posts 35% Profit Gain in Q4 on 5.8% Sales Increase
LaCrosse Footwear, Inc. reported consolidated net sales increased to $27.3 million, from $25.8 million in the fourth quarter of 2002, an increase of 5.8%. Consolidated net income increased to $1.1 million, or $0.19 per share, compared to consolidated net
Footstar Announces Possible Bankruptcy
Footstar, Inc. reported that it has received a waiver and extension until February 27, 2004 of the requirement to provide financial statements to the syndicate of banks, led by Fleet National Bank, that provide the Company's $345 million senior secur
Phoenix Footwear Q4 Sales Up 53% with 10% Organic Growth
Phoenix Footwear Group announced consolidated results for the fourth quarter and full-year ended December 27, 2003. Net sales for the fourth quarter totaled $11.3 million versus $7.4 million for the fourth quarter of 2002, an increase of $3.9 million or
Cutter and Buck Responds To Insurance Case Ruling
Cutter & Buck Inc. responded to the court's issuance of an order rejecting the company's claims against Genesis Insurance Company. Cutter & Buck had sought reinstatement of its directors' and officers' liability insurance policy, which
Accell to Acquire Juncker B.V.
Accell Group N.V. has signed a letter of intent for the acquisition of Juncker B.V. in Veenendaal, a company which trades in bicycle parts and accessories. The acquisition is an important step for Accell Group in the Dutch bicycle parts and accessories ma
Sport Haley Sales Up 18% in Fiscal Q2
Sport-Haley reported unaudited earnings for the fiscal quarter and six months ended December 31, 2003. Net sales for the fiscal quarter were $4.8 million, an increase of $722,000 or 18%, from net sales of $4.0 million for the same quarter in the prior fis
Aldila to Sell Carbon Fiber Tech.
Aldila announced that Carbon Fiber Technology LLC, a joint venture owned by it and an undisclosed partner, has entered into a non-binding letter of intent to sell selected assets, including property, plant, equipment, and know-how to an also undisclosed i
Aldila JV to Sell Off Assets
Aldila, Inc. announced that Carbon Fiber Technology LLC, a joint venture limited liability company owned by it and its joint venture partner, has entered into a non-binding letter of intent to sell selected assets, including property, plant, equipment, an
Skechers Appoints Schneider to Board
SKECHERS announced that Fred Schneider has been appointed to the Company's board of directors and the audit committee of the board of directors…
K-Swiss Diversifies Retail and Product Portfolios to Post Another Strong Year…
K-Swiss is finally seeing a diversification in its Classics business as Foot Locker starts to represent less of the overall business while Europe and other International regions are estimated to become as much as 50% of sales as they start to represent mo
Johnson Legal is 2-0 for the ’04 Season…
Johnson Outdoors has resolved an inquiry by the European Commission into trade practices in their ScubaPro/UWATEC diving division and has also been able to secure a restraining order to keep a former employee from going to work for a competitor…
Coles Resigns as Reebok Brand Prez…
Martin Coles has resigned as president of the Reebok Brand, citing personal reasons for his decision. Jay Margolis, president and COO of Reebok International Ltd., has assumed the daily responsibilities of leading the Reebok brand…
Dunlop Slazenger is Latest Ashley Deal…
Dunlop Slazenger has reportedly been sold to Sports World International LTD, the owner of the Sport Soccer and Lilywhites retail chains with over 120 doors in the U.K. and 20 more in Ireland and Belgium…
Nautilus Doubles Warranty Period…
Shortly after recalling 420,000 of their Bowflex machines (see SEW_0405) Nautilus has decided to extend the warranty on all of the “Bowflex Power Pro” machines from five years to ten. In connection with the recall, the CPSC said that there were “59 back,