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Hibbett Q1 Net Income Jumps 24.6% as Comps Rise 4.5%

<p>Hibbett Sporting Goods saw net sales for the first quarter increase 12.4% to $79.6 million, compared with $70.8 million for the year-ago quarter. Comps rose 4.5%. </p> <p style="margin-top: 3">Net income for the first quarter increased 24.6% to $5.3 million </p>

Upper Deck Inks LeBron James Deal

<p>The Upper Deck Company LLC announced Thursday the signing of hoops phenom LeBron James, one of the most highly-touted young talents in basketball history, to his first professional sponsorship deal&#8230;</p>

Reebok Issues LeBron James Concession Speech

<p>The following statement was released by Reebok mid-day Thursday after high school basketball phenom LeBron James signed an endorsement deal with Nike late Wednesday night:</p> <blockquote><p><i>While we believe LeBron James would have been a tremendous asset to </p>

Oakley and Luxottica Group Settle Litigation

<p>Oakley, Inc. has settled two previously announced patent and intellectual property lawsuits pending against Luxottica Group S.p.A. and its subsidiaries. Neither party admitted to any wrongdoing in either case, and all claims and counterclaims were releas</p>

Icon Prevails in Nautilus Suit Over Crossbow

<p>The United States District Court for the Western District of Washington sided with ICON on Wednesday in all matters before it, denying Nautilus&#039; request for an injunction against ICON in continuing to sell the CROSSBOW and further ruling the CROSSBOW</p>

ShopKo Sees Q1 Loss as Sales Dip 2.9%

<p>ShopKo Stores, Inc. announced sales and earnings for the first quarter ended May 3, 2003. Consolidated sales were $707.9 million compared with $728.8 million for the same period last year. Comps decreased 2.7%. Net loss for the quarter was $1.1 million</p>

Other Suitors Enter Elder-Beerman Bidding

<p>EB Acquisition Ltd. sent a letter Wednesday to Steven Mason, the Chairman of the Board of Directors of The Elder- Beerman Stores Corp., expressing an interest in acquiring Elder-Beerman pursuant to an all-cash offer that would represent a premium to the c</p>

O&#8217;Neill Hits the Surfer Girl Wave

<p>O&#039;Neill Clothing President Kelly Gibson announced that the brand will add swimwear and girls 7-14 categories to their juniors line as it continues an explosive pattern of growth.<br /> The company reported that junior sales were up 44% in the first quarter</p>

New Top-Flite Golf Company Debuts&#8230;

<p>It appears that Oaktree Capital and management at the former Spalding Sports Worldwide have made the decision to stay in the golf ball business. The new Top-Flite Golf Company takes the name of the remaining companys number one brand in revenues and pro</p>

And Hogans a Hero for Sport-Haley

<p>Sport-Haley, Inc. rode the success of its Ben Hogan apparel brand to a 26% increase in sales for the fiscal third quarter ended March 31, 2003, while narrowing its quarterly loss by 75% in the process&#8230;</p>

Mark McCormack Dead at 72&#8230;

<p>The man that some called the most influential man in sports over the last half century succumbed Friday, four months after suffering a heart attack&#8230;</p>

True Temper Exports Drive Q1 Growth

<p>It feels good to report positive news in the golf business even if it does not spell long-term relief for the beleaguered sector. The better news is that of a U.S. company capitalizing on increased exports to build sales.<br /> True Temper Sports shook off the</p>

Columbia Knocks-Off Knock-Offs

<p>Columbia Sportswear reported on Friday that 2,900 imitation Columbia Sportswear jackets were destroyed in Holland after a lengthy legal process in Dutch courts. The jackets were originally seized in November at the Port of Rotterdam enroute to Germany fr</p>