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MOSA Recalls Bicycle Helmets

<p>MOSA Sports of Hermosa Beach, Calif., Tuesday recalled 1,250 Five 40 brand bicycle helmets because they failed Consumer Product Safety Commission impact tests. The recalled helmets are black, white or red, and have the name &#8220;Five 40&#8221; printed on the front</p>

Pacific Cycle Acquires InSTEP

<p>Pacific Cycle, maker of Schwinn, GT and Mongoose bikes, is continuing its expansion in the recreation and fitness category with the acquisition of Minnesota-based InSTEP, the nation&#039;s leading producer of jogging strollers and bicycle trailers. The de</p>

Spiegel Files For Chapter 11, Secures DIP Financing

<p>The Spiegel Group Monday announced that, in order to address its financial and operational challenges, the company and its principal operating subsidiaries have filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code in t</p>

Callaway Halts Sale of Illegal Putter Knockoffs in Japan

<p>Callaway Golf Company announced Monday that Japan-based golf club sellers Kabushiki Kaisha Maruzen (&#8220;K.K. Maruzen&#8221;) and Kabushiki Kaisha Seima (&#8220;K.K. Seima&#8221;) have agreed to immediately cease the sale of their &#8220;White Shot New Wave Twin Ball&#8221; putter and to </p>

As Sales Slip in U.S., Foot Locker Looks to Europe&#8230;

<p>With Foot Locker CEO Matt Serra stating that BOGOs are getting tired and we&#039;re missing some product there when talking about the loss of Nike allocations and reduced orders, the company was left focusing on a building on Europe and re-building U</p>

Columbia Builds on Top of Pyramid&#8230;

<p>Columbia Sportswear is taking steps to ensure future growth at the top end of the brand pyramid as it sees increasing competition from its own retail partners and their growing concentration on private label&#8230;</p>

Contracts Stymie K2/Rawlings Deal

<p>Rawlings shares closed down 12.1% for the week to close at $7.70 on Friday after K2s CEO said that certain conditions of its proposed deal to buy Rawlings Sporting Goods Inc. had not been met.</p>

Hibbett Beats the Street in Q4

<p>Hibbett Sporting Goods shares were up 6% for the week to close at $24.40 on Friday as the small-market sporting goods operator beat both the Thomson First Call consensus estimate of 40 cents a share and HIBB&#039;s prior guidance of 39 cents to 41 cents a</p>

Dick&#8217;s Capitalizes on Winter in East

<p>While other retailers complained that a real winter season kept consumers inside during much of the fourth quarter, Dick&#039;s Sporting Goods took the opportunity to keep goods flowing into and out of its stores&#8230;</p>

Shoe Carnival Profits Up 44% for Q4 as Comps Dip

<p>Shoe Carnival didn&#039;t let a little thing like soft comps hold back their hard-charging ways. Even though sales were soft for the quarter, profits soared 44% in Q4.<br /> SCVL same-store sales were down 3.9% for Q4 and dipped 0.4% for the year. Comp sales</p>

Huffy Gets Loan From New Fila Parent

<p>Huffy Corporation has finalized a $15.0 million subordinated term loan with Ableco Finance LLC, a fund affiliated with Cerberus Capital Management, L.P., and Congress Financial Corporation. The loan, repayable on its March 13, 2008 maturity date, is pegge</p>

Quiksilver Secures China Beach

<p>Quiksilver, Inc. has taken steps to broaden its global brand reach even further with the announcement last week of a joint venture with a Chinese company to manage retail stores and distribute ZQK brands in the Peoples Republic of China&#8230;</p>