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Zodiac Sells Sevylor Leisure Division…

National Ventures has agreed to buy The Zodiac Group’s Leisure division, Sevylor, after a long and successful relationship between the two companies. National Ventures has long been manufacturing the inflatable water sports equipment for the Sevylor bran

Callaway to Acquire Top-Flite Out of Bankruptcy

The Top-Flite Golf Company and affiliated companies have reached an agreement for the sale of substantially all the company's golf-related assets to Callaway Golf Company. The proposed sale is pursuant to section 363 of Chapter 11 of the U.S. Bankru

Pacific Sunwear Appoints Outlet Head

Pacific Sunwear of California Inc. announced the appointment of Bill Rosenbaum to the newly created position of vice president/GMM Outlet. Rosenbaum was formerly PacSun's VP/GMM of Young Men's and has been with the company since April of 2000…

Johnson Outdoors to Replace Head of Diving Unit

Johnson Outdoors Inc. is conducting a worldwide search for a new head for the company's Global Diving business based in France, following the departure of Mr. Mamdouh Ashour from the company. The unit manufactures and markets diving equipment and in

REI to Offer Store Pick-up for Online Orders

Recreational Equipment, Inc. has launched its first REI Store Pickup service for online orders. Customers placing orders through REI.com or REI-OUTLET.com now have the
option of picking them up at any REI store free of shipping charges…

Gart and TSA to Exchange Vows on August 4th

The SEC has declared Gart's registration statement effective on June 25, 2003 relating to the issuance of shares of its common stock in connection with the proposed merger of equals with The Sports Authority. The two companies will each hold shareho

Torpedo Sports Posts YTD Loss on 26% Sales Decline

Torpedo Sports USA, Inc. recorded a net loss of $(1,102,894) for the nine months ended April 30, 2003, or $(0.11) per share, versus net income of $539,411, or $0.48 per share, for the same period in 2002. Sales for the nine-month period fell 26%…

Winning Edge to Rep XO Athletic

X0 Athletic Company has picked up The Winning Edge Sales Group as its national sales agency repping its line of Men's protective products featuring, ProCup and ProSupportive Garments…

Thanks for the Introduction…

When Cherokee introduced Mossimo to Target in early 2000, they expected to receive a finder’s fee on royalties paid to the apparel company through its licensing agreement with the discount retailer. A Los Angeles Superior Court judge concurred last Tuesd

Fila Adds Peveto as SVP Global Footwear

Sport Brands International has named industry veteran Mikal Peveto as SVP Global Footwear for Fila. In his new role, Mr. Peveto will assume global responsibility for Fila footwear design, development and marketing and will oversee the company's effo

Footstar Surges on Journal Article

Shares of Footstar rose nearly as much as 20% on Tuesday after the Wall Street Journal reported that some analysts and investors are betting recent concerns about the shoe retailer are exaggerated…

Cutter and Buck Fixin’ to Grow Again…

Cutter & Buck had a fairly active week last week, first announcing the settlement of its shareholder lawsuits, followed by a report that the company had reached an agreement with the SEC that would resolve its investigation, and finally ending with the re

As They Clear Away the Distractions…

In other news last week, Cutter & Buck said they will pay as much as $7 million to settle two shareholder lawsuits that were triggered by the restatement of its financial results. The suits were filed last year after new CEO Fran Conley reported that for