<p>Pacific Sunwear may not be the as fashion –forward as many people think, but the teen retailer is adding new brands that will continue to bolster sales and keep the kids coming in the door. PSUN shed their west coast shades and pitched in at the 13th Ann</p>
<p>Diversification was the word as Quiksilver took the stage in Nantucket, with company CFO Steve Brink pointing to three key areas to exemplify his point. Focus on diversity of brands, distribution and category are key in the company’s strategy to represen</p>
<p>National Ventures has agreed to buy The Zodiac Group’s Leisure division, Sevylor, after a long and successful relationship between the two companies. National Ventures has long been manufacturing the inflatable water sports equipment for the Sevylor bran</p>
<p>The Top-Flite Golf Company and affiliated companies have reached an agreement for the sale of substantially all the company's golf-related assets to Callaway Golf Company. The proposed sale is pursuant to section 363 of Chapter 11 of the U.S. Bankru</p>
<p>The Finish Line, Inc. reported that net sales for the first quarter ended May 31, 2003 increased 22% to $207.8 million compared to $170.6 million reported for the same period last year. Comparable store net sales increased 14% for Q1 on top of a 3% incre</p>
<p>At a round-table discussion with journalists at ispo in Munich, Herbert Hainer, adidas-Salomon CEO, re-confirmed full year projections of 5% currency-neutral sales growth, a gross margin of 42-43% and earnings growth of between 10 and 15%. However, curre</p>
<p>Pacific Sunwear of California Inc. announced the appointment of Bill Rosenbaum to the newly created position of vice president/GMM Outlet. Rosenbaum was formerly PacSun's VP/GMM of Young Men's and has been with the company since April of 2000…</p>
<p>Goody's Family Clothing, Inc. has reached a settlement agreement with Tommy Hilfiger resolving all outstanding issues arising out of the previously disclosed action brought by Tommy Hilfiger against Goody's…</p>
<p>Kmart Holding Corporation confirms that it has filed a complaint in U.S. Bankruptcy Court for the Northern District of Illinois against Handleman Company to recover the $49 million critical vendor payment Kmart paid to Handleman at the outset of Kmart&#03</p>
<p>EB Acquisition, Ltd. has responded to statements made by members of the Board of Directors of The Elder-Beerman Stores Corp. on June 26. Among other issues, these statements addressed the issues of break-up fees in the merger agreement and the process of</p>
<p>Johnson Outdoors Inc. is conducting a worldwide search for a new head for the company's Global Diving business based in France, following the departure of Mr. Mamdouh Ashour from the company. The unit manufactures and markets diving equipment and in</p>
<p>The Stride Rite Corporation reported net sales for the second quarter of fiscal 2003 were $154.3 million, a 1% decrease from the $156.5 million in the comparable period of fiscal 2002. Net income for the quarter totaled $11.2 million, 3% lower than the $</p>
<p>Tommy Hilfiger Licensing, Inc. has announced an extension for the United States through March 2007 of its footwear licensing agreement with The Stride Rite Corporation. Stride Rite and Tommy Hilfiger have created a comprehensive footwear program that incl</p>
<p>The Elder-Beerman Stores Corp. announced Thursday that it has entered into a definitive merger agreement providing for the sale of the company to Wright Holdings, Inc., a company formed by Goldner Hawn Johnson & Morrison Incorporated. The merger agreement</p>
<p>NIKE, Inc. reported Q4 revenues increased 11% to $3.0 bn, versus $2.7 bn for the same period last year. Fourth quarter net income jumped 18.1% to $246.2 million, or $0.92 per diluted share, compared to Q4 2002. Full year revenues increased 8.0% to $10.7</p>
