<p>Saucony announced net income for the second quarter increased 44% to $2.2 million while net sales decreased 5.5% to $34.5 million. Domestic net sales decreased 7% to $27.2 million. The net income jump was primarily driven by a 500 basis points increase </p>
<p>Reebok International announced that its Board of Directors declared a semi-annual cash dividend in the amount of $0.15 per share to all common stockholders of record as of August 19, 2003. The dividend, which would equate to $0.30 per share on an annual b</p>
<p>Fila USA CEO Tom O'Riordan has named industry veteran Greg Niel as Vice President of Apparel Sales. In his new role, Mr. Niel will assume responsibility for improving Fila USA's retail customer relationships and the brand's penetration in b</p>
<p>Sport Chalet, Inc. reported that sales for its first quarter ended June 30, 2003 increased 4.1% to 53.3 million, compared to $51.2 million in the yeara-go period. The increase is the result of opening two new stores in late November 2002, offset in part </p>
<p>Columbia Sportswear Company has appointed William Tung to the post of Director of International Sales and Operations. Tung, who will report directly to president & CEO Tim Boyle, will be responsible for establishing and maintaining an international distr</p>
<p>Former Reebok, Brooks and Nike executive Tom Carmody was elected Chairman of the Board of AmeriDream, the nation’s largest down payment gift giving assistance program charitable organization…</p>
<p>Vail Resorts, Inc. is restructuring its sales and marketing focus and organization. Due to the growing number of resorts outside of Colorado, including Heavenly Resort, the Grand Teton Lodge Company, seven RockResorts luxury resort hotels, and the locati</p>
<p>Brooks Sports was awarded the exclusive footwear and apparel sponsorship by Kevin and Keith Hanson of the Hansons Original Distance Project. This venture is dedicated to reviving the United States as a powerhouse in long-distance running…</p>
<p>GSI COMMERCE announced that it has issued 1.65 million shares of GSI Commerce common stock to Interactive Technology Holdings, LLC “ITH”, a joint venture company owned by Comcast Corporation and QVC, Inc. in exchange for warrants held by ITH to purchase 4</p>
<p>The award for analyst bad timing has to go to Merrill Lynch who last week downgraded shares of Reebok from BUY to NEUTRAL, citing “the possibility of increased inventory and a growing risk from its increased presence at Foot Locker” as reported by Dow Jon</p>
<p>Shares of Britney’s favorite brand plunged 21.4% to close at $6.74 on Friday after the fashion footwear company reported sharp declines in sales in the second quarter and a loss of over $2 million compared to profits of over $21 million in the year-ago p</p>
<p>The move to acquire and consolidate Rawlings has had its share of skeptics, and the appeal to retailers for an aggregated brand platform has been a question mark, but the folks at K2 Inc. appear to have assembled a nice formula and a strong team for futur</p>
<p>Tecnica would an obvious challenger to K2 Inc.’s mission to become the world’s largest sporting goods brand as they have proven their own ability to capture and consolidate brands that would now seem to give them a slot as one of the top three hardlines c</p>
<p>The U.S. Bankruptcy Court in Delaware on Wednesday established a process and a timetable for the sale of substantially all the assets of The Top-Flite Golf Company, approving Callaway Golf's initial bid of $125 million to be the “stalking horse” bid </p>
<p>Francesco Ricci Bitti, president of the International Tennis Federation, responded to a letter circulated at Wimbledon by John Barrett and John McEnroe. The original letter (SEW 0328) claimed that the new school of tennis was becoming “unbalanced and one</p>
