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West Marine Warns On Q2 Earnings; Reaffirms on Q3, Q4

<p>West Marine, Inc. announced Thursday that sales for the second quarter would be approximately $232 million to $233 million. Comparable stores sales for the quarter are estimated to decrease by approximately 4.5% to 4.7%. WMAR now expects to earn between </p>

Nike Issues Statement on High Court Ruling

<p>The U.S. Supreme Court today dismissed on technical grounds a case in which Nike was seeking to reaffirm the First Amendment right to free and open debate. Nike had challenged in the High Court a California state court ruling that adopted a legal standa</p>

Next, Inc. to Acquire Kid&#8217;s Licensed Products Company

<p>Next Inc. has announced an agreement to acquire the business of Lil Fan and affiliates, a privately held sales and marketing company located in Noblesville, Indiana. NEXT anticipates that Lil Fan will generate revenue of approximately $5 million for the </p>

Kmart Sourcing Chief Resigns

<p>Kmart Holding Corporation announced Tuesday that William D. Underwood, Executive Vice President, Sourcing and Global Operations, resigned from the Company, effective immediately&#8230;</p>

REI to Offer Store Pick-up for Online Orders

<p>Recreational Equipment, Inc. has launched its first REI Store Pickup service for online orders. Customers placing orders through REI.com or REI-OUTLET.com now have the<br /> option of picking them up at any REI store free of shipping charges&#8230;</p>

Gart and TSA to Exchange Vows on August 4th

<p>The SEC has declared Gart&#039;s registration statement effective on June 25, 2003 relating to the issuance of shares of its common stock in connection with the proposed merger of equals with The Sports Authority. The two companies will each hold shareho</p>

Torpedo Sports Posts YTD Loss on 26% Sales Decline

<p>Torpedo Sports USA, Inc. recorded a net loss of $(1,102,894) for the nine months ended April 30, 2003, or $(0.11) per share, versus net income of $539,411, or $0.48 per share, for the same period in 2002. Sales for the nine-month period fell 26%&#8230;</p>

Winning Edge to Rep XO Athletic

<p>X0 Athletic Company has picked up The Winning Edge Sales Group as its national sales agency repping its line of Men&#039;s protective products featuring, ProCup and ProSupportive Garments&#8230;</p>

Easton Sports&#8217; Palma Named Ernst and Young Finalist

<p>Easton Sports, Inc. CEO Tony Palma was named as one of the finalists for Ernst &#038; Youngs Entrepreneur Of The Year® Award. The most prestigious honor in its class, the award is given annually to a leader of a public or private company who has displayed exc</p>

Nike Wins the Basketball Summer Trifecta&#8230;

<p>Nike Inc. won the trifecta this week, with the addition of Kobe Bryant to its player roster. Nike declined to disclose terms of the deal, but estimates put it at roughly $45 million. Bryant last year paid $8 million to get out of his six-year contract w</p>

adidas-Salomon and Intersport in Strategic Agreement

<p>adidas-Salomon and the INTERSPORT International Corporation (IIC) announced Tuesday the signing of a four-year strategic agreement that lays a strong foundation for future business strategies and strengthens the selling and distribution process of both gr</p>

Consumer Confidence Exceeds Expectations in June

<p>Reuters is reporting that U.S. consumer confidence was broadly unchanged in June, contrary to expectations, as cautiousness over business conditions tempered optimism over rallying stocks, the Conference Board reported on Tuesday&#8230;</p>

GBMI Gets Design Award for Diesel

<p>Global Brand Marketing, Inc. received the &#8220;Best Women&#039;s Footwear Collection&#8221; award for the third annual Sportswear International Fashion Awards (SIFAS) for Fall/Winter 2003/2004. The winners were selected from a global pool of brands that &#8220;possess e</p>

Thanks for the Introduction

<p>When Cherokee introduced Mossimo to Target in early 2000, they expected to receive a finders fee on royalties paid to the apparel company through its licensing agreement with the discount retailer. A Los Angeles Superior Court judge concurred last Tuesd</p>