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Cybex Refinances Credit Facility

<p>Cybex International, Inc. has successfully refinanced in full its prior credit facility. Cybex&#039; new credit arrangements include a $19,000,000 working capital and term loan facility from CIT Group/Business Credit, Inc. and a $11,000,000 mortgage loan </p>

NRF Asks Senate to Stay Out of Overtime Fight

<p>The National Retail Federation has asked the Senate to reject an amendment that would block the Department of Labor from implementing a proposed update to 50-year-old Fair Labor Standards Act rules on overtime. NRF said it would count the amendment, expec</p>

Amerex Promotes Alvarez-Mitchell to Vice President

<p>Amerex Group, Inc. has announced that the current Director of Marketing and Creative Services, Monica Alvarez-Mitchell, has been promoted to vice president, overseeing design and implementation of the company&#039;s brands. Prior to joining Amerex, Ms. A</p>

Sportcraft Adds Sales and Marketing Managers

<p>Jim McGeehan has joined Sportcraft as Regional Sales Manager of the Western U.S. region. Jim previously held the position of Director of International Sales for And-1.<br /> Jeff Stack has joined Sportcraft as Marketing Manager for New Business Development. Je</p>

NSGA: CPI for Sporting Goods Improves in June

<p>The National Sporting Goods Association is reporting that the most recent data from the Bureau of Labor Statistics showed the Sporting Goods CPI Index at 100.7 for June, down 0.2% versus the June 2002 index. The association&#039;s research group said the </p>

Luxottica Says Sales of Oakley Product Flat at Sunglass Hut

<p>Luxottica Group S.p.A. issued a clarification regarding its business with Oakley. The release was in response to inquiries by members of the financial community related to Oakley&#039;s second quarter financial report that indicated that sales to Sunglas</p>

Callaway Q2 Net Income Down 8.1% on 4.1% Sales Decline

<p>Callaway Golf reported net sales for the second quarter declined 4.1% to $242.1 million, with foreign currency exchange rates favorably impacting net sales by approximately $7.5 million. Net income was down 8.1% to $34.1 million, versus $37.1 million for</p>

Burton Taps Former adidas VP as Global Marketing Head

<p>Bryan Johnston assumes the role of vice president of marketing at Burton Snowboards. Formerly the vice president of North American brand management within the Adidas-Salomon organization, Bryan begins his career at Burton with 20 years of experience in t</p>

Nike Signs Taylor and Purcell to Lifetime Deals&#8230;

<p>The company may have solidified their future in performance basketball with the signings last month of Kobe Bryant, LeBron James and Carmelo Anthony, but the addition of the key retro icons strengthens Nikes foothold in the fashion end of the footwear ca</p>