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Cybex Posts Q1 Loss on 9.0% Sales Increase

Cybex International, Inc. reported net sales for the quarter ended March 29, 2003 were $20,608,000, representing an increase of 9% compared to net sales for the first quarter of 2002 of $18,913,000. The net loss for the quarter was $1,787,000, or $0.20 p

LaCrosse Narrows Q1 Loss as Sales Decline 12.9%

LaCrosse Footwear, Inc. reported net sales for the first quarter ended March 29, 2003 decreased $2.9 million, or 12.9%, to $19.9 million from $22.8 million for the same period in 2002. The net loss for the quarter was $0.6 million, or $0.11 per share, com

Colabuono Expands Role at Pride/Softspikes

Pride/Softspikes announced that Scott Colabuono has been named Chief Operating Officer. Colabuono, who joined Pride in 2002 as Chief Financial Officer, will continue in this capacity while assuming the responsibilities of COO for the company…

Layne Rigney to Lead Franklin Resource Sales Effort

Franklin Resource Group has hired industry veteran Layne Rigney as VP of Sales and Marketing. Rigney brings over twelve years of experience in the sporting goods, outdoor, and cycling markets. Rigney is joining Marty Lillis' Franklin Resource Group

Footstar to Delay First Quarter 10-Q Filing

Footstar, Inc. on Friday said that, based on the ongoing review of its financial statements by its external auditors, KPMG LLP, the Company will not file its Quarterly Report on Form 10-Q on May 13, 2003, when it is otherwise due…

Fila Sees U.S. Q1 Decline Despite Apparel Strength

Fila Holding S.p.A. reported Worldwide revenues for the first quarter were EUR206.2 million, down 20% (-10% in constant currency) from EUR258.7 million in the corresponding period of 2002. Sales in the U.S. were EUR75.8 million in the quarter, decreasing

Hilfiger Prevails in Suit Against Goody’s

A U.S. District Courtin Georgia has awarded Tommy Hilfiger damages in the amount of approximately $11 million plus attorney's fees and costs in its action against Goody's Family Clothing. The award consists of $2.1 million in damages for the sa

adidas Sued by Veggie Group for Roo Shoes

Vegetarians International Voice for Animals filed a lawsuit Wednesday against adidas using a California law intended to protect endangered species. adidas is countering the charge by pointing out that while the company makes shoes using kangaroo leather,

Kellwood Acquires XOXO Apparel License

Kellwood Company announced it has acquired the XOXO license for sportswear, dresses and intimate apparel from Global Brand Holdings. Kellwood's acquisition of the license is subject to the closing of the sale of the XOXO trademark by Aris Industries

Global Brands Acquires Aris Brands

Aris Industries, Inc. announced Wednesday it has signed a definitive trademark purchase agreement with Global Brand Holdings, LLC (“Global”) providing for the sale of the XOXO, XOXO IN AMERICA AND ABROAD, FRAGILE and LOLA trademarks and related assets for

Escalade Ups Stake in STIGA Parent

Escalade, Inc. has increased its ownership interest in Sweden Table Tennis AB from 37.5% to 50%. Sweden Table Tennis AB owns the STIGA table tennis brand name and is the recognized leader in table tennis design and engineering. Sweden Table Tennis AB repo

Foot Locker Shuffles the Upper Deck

The strength of the retailer’s European business, and the planned growth there, made the resignation of Foot Locker Europe CEO Simon Rider a surprise to many. Foot Locker's major expansion plans in Europe were counted on to offset the weakening US b

NPD Responds to NetRatings Patent Suit

The NPD Group, Inc. announced Monday that it filed its response to litigation brought by NetRatings, Inc., an affiliate of VNU NV. NetRatings alleges that NPD infringes upon a patent, which according to the Complaint covers “a system and method for loggi

Brass Eagle Reports Q1 Loss on 33% Sales Decline

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