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Quiksilver Expands CapEx Budget in 2003…

Quiksilver Inc. announced in an SEC filing last week that it expects $35 million to $40 million in capital expenditures in fiscal 2003 ending October 31, 2003. Fiscal 2002 capital expenditures were $22.2 million, compared with $22.6 million in fiscal 200

Head Consolidates Winter Sports Operations

Head N.V. announced a two-stage process to consolidate offices and warehousing in the U.S. The Head Tyrolia Wintersports business will move to Norwalk, CT and the company's Winter warehouse will be consolidated into the new, larger, state-of-the-art

Foot Locker Signaling a Succession Plan…

Foot Locker announced that Rick Mina has been promoted to a newly created position of President and CEO of Foot Locker, Inc., U.S.A. He will report to Matt Serra, Foot Locker, Inc.'s President and CEO. Mina will be responsible for the company'

Sport Chalet Bucks Trend, Posts Gain…

Sport Chalet saw a turnaround in comp store sales in their fiscal Q3 ending Dec. 31, 2002, posting a 2.2% same-store sales gain in a very tough retail quarter. SPCH had reported a 2.3% decline in comps in their Q2…

Sports Authority Shares Drop on Warning…

Sports Authority shares fell almost 17% for the week, closing at $5.59 on Friday. The drop was due to a company report that earnings from operations in the fourth quarter would come in at 46 cents to 49 cents a share, well below its previous expectations

Cannondale Gets New Life – For Now…

Cannondale filed for Chapter 11 bankruptcy protection in U.S. Court last week, pointing to losses in its motor- sports division that inhibited the company's ability to make future investments…

Brunswick Sees Q4 Net Sales Rise 29%; Reports Profit

Brunswick Corporation reported net earnings of $20.5 million for the fourth quarter of 2002, compared with a net loss of $2.6 million for the year-ago quarter. Sales increased 29% to $928.0 million. The company reported net sales rose 10% to $3.7 bn for

Vans Extends Asia Licenses

Vans, Inc. announced that it has reached agreements for five-year extensions of its license agreements with ABC-Mart Inc. The licenses cover Japan, South Korea, Hong Kong, and Taiwan…

Sports Supply Group Narrows Q3 Loss; Sales Up 8.6%

Sport Supply Group, Inc. announced revenues for the three months ended December 27, 2002 increased 8.6% to $18.5 million. Net loss for the quarter was ($2,358,809) as compared to ($3,695,055) for the comparative quarter last year…

Rockey Leaves CutterandBuck after Short Tenure

Cutter & Buck Inc. announced that Helen M. Rockey, executive vice president for markets and products, has resigned from the Company, and that Pat Nugent, vice president of merchandising and design, also recently resigned…

Cannondale Files Chapter 11, Sells All Assets

Cannondale Corporation has announced that it intends to file a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code on today, January 28th.
Cannondale and its lenders have reached an agreement in principle that will provide t