<p>Kmart Holding Corporation announced that the Board of Directors of the Company has appointed Edward S. Lampert, Chairman and Chief Executive Officer of ESL Investments, as Chairman of the Board. Kmart emerged from bankruptcy court protection Tuesday.</p>
<p>Retailers must focus their attention on eight retail priorities to survive in difficult economic times says Phil Kowalczyk, Managing Director, North America for Kurt Salmon Associates (KSA). “Successful retailers know they must consistently focus on devel</p>
<p>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</p>
<p>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…</p>
<p>As part of its ongoing reorganization process, The Spiegel Group announced that it plans to close one of its customer sales and service centers, that its Eddie Bauer division has restructured its headquarters workforce and that it has realigned its corpor</p>
<p>An upbeat, optimistic Cannondale concluded its rapid transition through the Chapter 11 bankruptcy process Monday with the closing on the sales of the assets of its bicycle and motorsports divisions to affiliates of Pegasus Partners II, L.P. Cannondale ha</p>
<p>Coastcast Corporation reported sales for the first quarter ended March 31, 2003 were $10,731,000 as compared to $21,956,000 for the same period in 2002, net (loss) income was ($2,736,000) vs. $723,000, and diluted (loss) earnings per share were ($0.36) vs</p>
<p>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</p>
<p>Sports shoe giant Yue Yuen Industrial (Holdings) Ltd on Friday announced it has bought a 73% stake in sportswear and casualwear maker Pro Kingtex Industrial Co Ltd. The deal is reportedly worth $3.8 million…</p>
<p>The National Retail Federation has welcomed the settlements reached with Visa and MasterCard this week in a federal antitrust lawsuit brought by U.S. merchants against the two companies regarding their debit card practices. The settlements came in a laws</p>
<p>U.K. retailer JD Sports revealed a boardroom reshuffle as it revealed “disappointing” set of financial figures. Co-founder John Wardle will move from executive chairman to executive deputy chairman, to be replaced by former Reebok executive Roger Best. </p>
<p>Russell Corporation reported fiscal 2003 first quarter net sales of $228.0 million, a 6% increase over the comparable period last year. The company also reported earnings per diluted share of $.11, a 38% increase over the comparable period last year, whi</p>
<p>Big 5 Sporting Goods Corporation reported net sales for the fiscal 2003 first quarter that ended on March 30, 2003 increased by $7.4 million, or 4.7%, to $164.5 million from $157.1 million in the first quarter of 2002. Same store sales increased 0.6% ver</p>
<p>Wilson Sporting Goods Co. has further restructured management at its newly formed Golf & Racquet Sports division. Wilson parent Amer Group announced changes earlier in the week that saw the Golf & Racquet Sports division emerge as a separate operating un</p>
<p>adidas-Salomon reported sales for the first quarter ending March 31, 2003 increased 2% to €1.67 bn ($1.8 bn). On a currency-neutral basis, sales grew 12%. The Group's net income increased 19% to €51 million ($55 million) in 2003. adidas revenues inc</p>
