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Footstar Surges on Journal Article

Shares of Footstar rose nearly as much as 20% on Tuesday after the Wall Street Journal reported that some analysts and investors are betting recent concerns about the shoe retailer are exaggerated…

Cutter and Buck Fixin’ to Grow Again…

Cutter & Buck had a fairly active week last week, first announcing the settlement of its shareholder lawsuits, followed by a report that the company had reached an agreement with the SEC that would resolve its investigation, and finally ending with the re

As They Clear Away the Distractions…

In other news last week, Cutter & Buck said they will pay as much as $7 million to settle two shareholder lawsuits that were triggered by the restatement of its financial results. The suits were filed last year after new CEO Fran Conley reported that for

Aussie Expanding Brand Stable…

Aussie Apparel Group Ltd. is further expanding its stable of action sports brands, announcing last week that it has signed a letter-of-intent with GBI to acquire the Bluetorch trademark and other intellectual property. Terms of the deal were not disclose

Augusta Expands Distribution Center…

Augusta Sportswear Inc. is in the process of adding 30,000 square feet to its existing facility in Grovetown, GA. The expansion enables the company to add a new conveyor system that is expected to expedite order fulfillment and shipment.

Huffy Sports in Labor Deal…

Huffy Sports Company announced last week that the company had agreed to a new two-year labor agreement with workers that took effect on June 15, 2003…

And Unifi Gets Bad News As Well…

Unifi Inc. was on the losing end of its own arbitration case with DuPont, after an Arbitration Panel ruled in favor of DuPont in a case involving the two companies' manufacturing alliance for the production of partially oriented polyester filament y

Reebok Expands Reach With NBA Deal…

Reebok and the NBA have signed a deal to develop and market NBA apparel and accessories in Asia. The five-year pan-Asian partnership marks the first time the NBA has had one licensee cover the region. The product will immediately be available selected s

Say Good Bye to Bar Codes…

The issues raised at the recent NSGA Management Conference about the standardization of source-tagging may be answered sooner rather than later after Wal-Mart made the announcement last week that they will start to require its suppliers to be radio-freque

W.C. Bradley To Pull Out of Golf Village…

The company best known for its Char-Broil grills is reportedly discussing options to exit its PGA Tour Stop shop at the World Golf Village in St. Augustine, FL.
W.C. Bradley Co. opened the 31,000 square foot store in 1998 at the village that is also home

Brunswick Expands Table Assets…

Dynamo, LP, a manufacturer of commercial and consumer pool, foosball and table hockey products, particularly for the coin-operated and specialty retail sales channels.

O’Donnell to Head National Accounts for Wilson Golf

Dave O’Connell, formerly Territory Manager for Wilson Golf, has been promoted to the position of National Accounts Manager – Golf, Wilson Golf & Racquet Sports. O’Connell will be responsible for golf sales to national accounts, as well as golf course buy

NBA and Reebok to Launch Apparel Business in Asia

The National Basketball Association and Reebok International Ltd have announced a pan-Asian partnership to develop and market NBA apparel and accessories. The first offering of the new apparel line hits selected stores in China and Hong Kong this week. T

Colegiate Pacific Issue Fiscal Year Guidance

Collegiate Pacific is forecasting fiscal 2003 EPS to be in the $0.28 to $0.30 range and expects revenues to grow at 20%-25% annually and EPS (based on the current 4.3m primary shares outstanding) to reach or exceed $.70 per share over the next three years