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May Company Reports 3.9% May Comp Sales Decline

<p>The May Department Stores Company reported preliminary net sales of $1.01 billion for the four-week period ended May 31, 2003, a 2.0% decrease from $1.03 billion in the similar period last year. Store-for-store sales decreased 3.9%&#8230;</p>

K2 Inc. Announces Placement of Convertible Senior Notes

<p>K2 Inc. announced that the company has entered into an agreement, subject to customary conditions, to privately place $75 million principal amount of 5% convertible senior notes due June 2010. The senior, unsecured notes will be convertible into approxima</p>

Grabber Names Marketing Coordinator

<p>Grabber Performance Group announced the promotion of Steve Gingrich to Marketing Coordinator. Mr. Gingrich will be responsible for all aspects of marketing, advertising, sponsorship and promotions at GPG&#8230;</p>

Zevo Golf Loses Out to Bigger Companies

<p>Zevo Golf&#039;s clubs were known for their distance but the company&#039;s marketing came up short. Outgunned by bigger companies with much bigger advertising budgets, the Temecula, CA maker of golf clubs, drivers and accessories found itself in the </p>

Phoenix Will Report Q2 Charge Due to Shareholder Suit

<p>Phoenix Footwear Group, Inc. has received a decision from the Superior Court in Penobscot County, Maine regarding the dissenting stockholders suit associated with Phoenix Footwear&#039;s March 2000 acquisition of the Penobscot Shoe Company. The Court det</p>

Pacific Trail to Run as Separate Operation

<p>London Fog Industries will separate its three primary divisions&#8211;Pacific Trail, London Fog Trade and London Fog Factory Outlet Stores&#8211;into independently managed businesses. As FFI CEO, Bill Dragon will continue to direct and oversee all operations of th</p>

Elder-Beerman May Comps Dip 0.3%

<p>Comparable store sales for The Elder-Beerman Stores Corp. increased 1.5% for the four weeks ended May 31, 2003 compared to the four weeks ended June 1, 2002. Total store sales decreased by 0.3% to $42.6 million versus the same period last year&#8230;</p>

New Balance to License Socks to Moretz

<p>New Balance Athletic Shoe, Inc. has signed a license agreement with Moretz Sports for performance socks.<br /> Effective January, 2004, Moretz Sports will manufacture, market and distribute New Balance performance socks in association with the New Balance sales</p>

Tropical Sells the Duck Head Brand to Goody&#8217;s

<p>Tropical Sportswear Int&#039;l Corporation announced has sold the Duck Head trademark to Goody&#039;s Family Clothing, Inc. for $4 million in cash. The purchase agreement provides that TSI will be able to continue to sell existing Duck Head inventory for </p>

Fitness Equipment, Bicycles Rated in Consumer Reports

<p>Heart-rate monitors are a useful tool in tracking one&#039;s fitness performance. But how do you choose one? The most important feature to consider is accuracy. The June fitness issue of Consumer Reports has some recommendations, along with reviews of tre</p>

Gold Toe Manufacturing Temporarily Interrupted

<p>Gold Toe Brands (formerly Great American Knitting Mills) on Monday reported that manufacturing of their socks in Mexico has been interrupted due to a fire at one of their suppliers. The company is confident that this interruption will have minimal impac</p>