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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

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

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,