Fila has extended its endorsement agreement with baseball star Barry Bonds through 2006. The deal with Bonds represents will enable Fila to expand its cross-training business with Footaction, debuting an exclusive Bonds product launch there during the Al
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Colabuono Expands Role at Pride/Softspikes
Pride/Softspikes announced that Scott Colabuono has been named Chief Operating Officer. Colabuono, who joined Pride in 2002 as Chief Financial Officer, will continue in this capacity while assuming the responsibilities of COO for the company…
Layne Rigney to Lead Franklin Resource Sales Effort
Franklin Resource Group has hired industry veteran Layne Rigney as VP of Sales and Marketing. Rigney brings over twelve years of experience in the sporting goods, outdoor, and cycling markets. Rigney is joining Marty Lillis' Franklin Resource Group
Footstar to Delay First Quarter 10-Q Filing
Footstar, Inc. on Friday said that, based on the ongoing review of its financial statements by its external auditors, KPMG LLP, the Company will not file its Quarterly Report on Form 10-Q on May 13, 2003, when it is otherwise due…
Fila Sees U.S. Q1 Decline Despite Apparel Strength
Fila Holding S.p.A. reported Worldwide revenues for the first quarter were EUR206.2 million, down 20% (-10% in constant currency) from EUR258.7 million in the corresponding period of 2002. Sales in the U.S. were EUR75.8 million in the quarter, decreasing
Hilfiger Prevails in Suit Against Goody’s
A U.S. District Courtin Georgia has awarded Tommy Hilfiger damages in the amount of approximately $11 million plus attorney's fees and costs in its action against Goody's Family Clothing. The award consists of $2.1 million in damages for the sa
adidas Sued by Veggie Group for Roo Shoes
Vegetarians International Voice for Animals filed a lawsuit Wednesday against adidas using a California law intended to protect endangered species. adidas is countering the charge by pointing out that while the company makes shoes using kangaroo leather,
Kellwood Acquires XOXO Apparel License
Kellwood Company announced it has acquired the XOXO license for sportswear, dresses and intimate apparel from Global Brand Holdings. Kellwood's acquisition of the license is subject to the closing of the sale of the XOXO trademark by Aris Industries
Global Brands Acquires Aris Brands
Aris Industries, Inc. announced Wednesday it has signed a definitive trademark purchase agreement with Global Brand Holdings, LLC (“Global”) providing for the sale of the XOXO, XOXO IN AMERICA AND ABROAD, FRAGILE and LOLA trademarks and related assets for
Escalade Ups Stake in STIGA Parent
Escalade, Inc. has increased its ownership interest in Sweden Table Tennis AB from 37.5% to 50%. Sweden Table Tennis AB owns the STIGA table tennis brand name and is the recognized leader in table tennis design and engineering. Sweden Table Tennis AB repo
Foot Locker Shuffles the Upper Deck
The strength of the retailer’s European business, and the planned growth there, made the resignation of Foot Locker Europe CEO Simon Rider a surprise to many. Foot Locker's major expansion plans in Europe were counted on to offset the weakening US b
NPD Responds to NetRatings Patent Suit
The NPD Group, Inc. announced Monday that it filed its response to litigation brought by NetRatings, Inc., an affiliate of VNU NV. NetRatings alleges that NPD infringes upon a patent, which according to the Complaint covers “a system and method for loggi
Brass Eagle Reports Q1 Loss on 33% Sales Decline
Brass Eagle Inc. reported net sales for the first quarter decreased 33% to $13.4 million versus $20.1 million for the same period last year. For the three months ended March 31, 2003 the Company reported a loss of $226,000 or $0.03 per diluted share, comp
Spiegel Gets DIP Financing Final Approval
The Spiegel Group announced that it has received final Bankruptcy Court approval for the full amount of its $400 million senior secured debtor-in- possession (DIP) financing facility…
Escalade Sports Renews Labor Union Contract
Escalade Sports, a wholly owned subsidiary of Escalade, Inc., announced its union employees have ratified a new three-year labor agreement at its Evansville manufacturing facility. The successful negotiation of this agreement ensures there will be no disr