Galyan's appointed Edwin J. Holman as President and Chief Operating Officer of the Company. Mr. Holman will be responsible for Finance, Operations, Systems, Planning and Allocation, Stores and Culture. Real Estate, Legal, Store Planning and Construct
Results for "M"
Cannondale Taps Bell Sports Vet as COO
John Doerr has joined Cannondale as its new Chief Operating Officer. A bike industry veteran and a passionate mountain biker, Doerr comes to Cannondale from Bell Sports where he was Vice President of Supply Chain Management…
Acushnet Helps Fuel Q2 Gains at Fortune Brands
Fortune Brands, Inc. reported net income for the second quarter of 2003 was $176.7 million, or $1.18 per diluted share, as compared to $196.9 million, or $1.27 per diluted share, in the year-ago quarter. Consolidated net sales were up 5% to $1.58 billion
Cybex Refinances Credit Facility
Cybex International, Inc. has successfully refinanced in full its prior credit facility. Cybex' new credit arrangements include a $19,000,000 working capital and term loan facility from CIT Group/Business Credit, Inc. and a $11,000,000 mortgage loan
Luxottica Says Sales of Oakley Product Flat at Sunglass Hut
Luxottica Group S.p.A. issued a clarification regarding its business with Oakley. The release was in response to inquiries by members of the financial community related to Oakley's second quarter financial report that indicated that sales to Sunglas
Unifi Announces Signing of Kaiping Non-Binding Letter of Intent
Unifi, Inc. has signed a non-binding letter of intent to form a joint venture type company with Kaiping Polyester Enterprises Group Co. in Kaiping, Guangdong, China to manufacture and sell certain polyester and nylon products. It is anticipated that Unifi
Oakley Q2 Earnings Fall 18% As U.S. Business Continues Slide
Oakley, Inc. reported second quarter net sales slipped 0.9% to $143.8 million compared with $145.1 million in the prior year period. Net income for the second quarter totaled $18.2 million, or $0.27 per diluted share, compared with net income of $22.3 mi
Delta Looks to Soffe for Business Boost…
The deal that sees Soffe become a unit of publicly-traded Delta Apparel Inc. appears to be worth $72 million if all performance conditions are met…
Latest Riddell Flip Brings Cash Aplenty…
Riddell Sports Group has been flipped once again after a two-year ownership stint under Lincolnshire Management…
Who Wants to Be a Billionaire…
Callaway’s proposed acquisition of Top-Flite, once completed, would see Oaktree Capital Management entirely divested of the former Spalding Sports business it took control of in April 2002. Earlier this year, Oaktree sold the company’s Etonic golf shoe d
VF Corp. Saves a Sinking Nautica….
VF Corp. chairman & CEO Mackey J. McDonald breathed a sigh of relief as the agreement to purchase Nautica was finalized on July 7th…
Raider Takes 5% Stake in Perry Ellis…
When Perry Ellis International, the Florida-based apparel company that owns Jantzen and holds licenses for Nike swimwear and Ping apparel, purchased the Salant Corporation in June, it also got another famous name of dubious distinction when it closed the
Oh, For the Good Old Days…
Seems like the tennis stars of yore are fed up with the monotony of the “new school” of professional tennis…
Hasek To Open Stores in Detroit…
Dominic Hasek will be bringing more than his goalie mask when he returns to the Detroit Redwings after a one-year retirement that didn’t take…
Nautilus Trips Over Bowflex Declines…
The Nautilus Group saw shares fall another 12.1% this week to close at $10.64 on Friday after the company issued a warning on Wednesday that Q2 and full year sales and earnings would fall short of expectations…