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Phoenix Footwear Posts Q2 Loss as Sales Decline 10.6%

Phoenix Footwear Group, Inc. announced net sales for the second quarter ended June 28, 2003 decreased 10.6% to $7.6 million. The Company's financial results for Q2 resulted in a net loss of ($688,000) which included expenses totaling $1.3 million as

Tecnica Finalizes Rollerblade Buyout

Rollerblade's sale from Benetton to Tecnica Group S.p.A. has been finalized. Rollerblade joins global sporting goods brands including Tecnica, Dolomite, Lowa, Marker, Nitro, and Nordica. In the new structure, Rollerblade will operate as a stand-alon

TNF Gains in Q2 Not Enough to Offset Other VF Declines

VF Corporation reported second quarter income from continuing operations was $74.9 million, or 68 cents per share, compared with $88.5 million, or 79 cents per share in Q2 2002, which included a 3 cents per share benefit from unusual items. Sales in Q2 fe

Ex Officio Braces for Growth; Adds Key Personnel

Ex Officio recently broadened their sales team to brace for growth in 2004. Three openings in the Midwest, Rocky Mountain States, and Southern territories have made room for some new sales representatives to join the Ex-O team. In addition, two Divisional

SGAA July Rep News

The Sporting Goods Agents Association has recently inducted several rep agencies into the 69 year-old trade organization. New reps welcomed by SGAA president Gary Niland were Bob Watkowski, Double Eagle Sales Inc.; John Conlin and Mike Bloom, John Conlin

K2 Inc. Acquires V2 Optics

K2 has reached agreement to acquire V2 Optics, a designer, manufacturer and distributor of high-performance sunglasses and technologically advanced snow goggles. V2 is also the first company to develop a snow goggle specifically for women…

NRF: Back-to-School Spending to Top $14 Billion

Consumers are planning a trip back to the stores before sending their children back to school this year, according to the findings of a new National Retail Federation (NRF) survey. The NRF 2003 Back-to-School Consumer Intentions and Actions Survey

New Brands Keep Huffy Alive…

Huffy Corporation chairman and CEO Don Graber pointed to the Gen-X acquisition and new customers in its service business as the key drivers for the sales and earnings growth for the second quarter. That left little positive for the company’s bike and tea

…As adidas Throws Its Hat in the Ring…

Callaway CEO Ron Drapeau said Thursday that the Top-Flite acquisition is the “preferred solution to help eliminate the losses in the ELY ball business, but “not the only option”. He may have to look at those other options if adidas is able to convince th

…Trying to Play Catch Up with Nike…

The proposed adidas-Salomon acquisition of Top-Flite will do little to further the intentions spelled out by the company’s CEO, Herbert Hainer, in comments to the German magazine, Der Spiegel…