Balance Designs Adds to Sales Team

Balance Designs, creators of the Vew-Do Balance Board and re-inventor of the concept, have added four reps to the sales team. Rich Anderson and Chris Putney will rep the line in New England, Todd Kerbs in Colorado-Utah-Wyoming and Jono Hicks in Norcal an

180’s Donates Eyewear to USMC in Contract Bid

180s is providing 1,000 pairs of its 180s Eyegear to the United States Marine Corps (USMC). After testing the 180s Eyegear earlier this year, the USMC requested to buy 1,000 pairs of the sunglasses. As a sign of support for the nation’s military, 180s

NYSE Suspends Trading of Footstar Shares

The New York Stock Exchange announced today that it determined that the common stock of Footstar Inc. – ticker symbol FTS – should be suspended immediately. Application to the Securities and Exchange Commission to delist the issue is pending the completio

Callaway Dominates Ashworth Growth …

Ashworth, Inc. reported fiscal fourth quarter net revenue for the company’s domestic segment increased 8.6% to $27.7 million from $25.5 million in the year-ago period. The international segment increased 15.4% to $4.5 million from $3.9 million. Full year

The Free Trade (Dis) Agreements…

Two separate trade agreements have been making news lately, the ten year old North American Trade Agreement and the brand new Central American Free Trade Agreement. Both treaties are said to strip away barriers to trade, eliminate tariffs, open markets, a

K-Swiss Terminates National Geographic Deal

K-Swiss Inc. has announced it has agreed with National Geographic to end their license agreement to develop and market a collection of National Geographic outdoor-oriented and casual footwear. The company had previously accrued $4.3 million for anticipat

Federated Names New Burdines President and COO

Federated Department Stores, Inc. has named Nirmal K. “Trip” Tripathy as president and chief operating officer of its Miami-based Burdines division, effective immediately. The position of Burdines president/chief operating officer has been vacant since Mi

SEC Sues Three Genesco Execs for Fraud; Company Settles

The Securities and Exchange Commission filed suit Tuesday alleging that three Johnston & Murphy division executives, one current and two former employees, fraudulently reported 2001 sales results at year-end. The suit claims that the three, former J&M di

Accell Appoints New COO

Accell Group N.V. is pleased to announce that the Supervisory Board intends to appoint Mr J.M. Snijders Blok as a new member of the Board of Management of Accell Group N.V. in the position of Chief Operating Officer. As C.O.O., he will be the director res

DOT Clears Kris Kringle’s Flight Plan

Kris Kringle, d.b.a. Santa Claus, got the green light today from the U.S. Department of Transportation (DOT) to engage in air travel to various points throughout the United States the night of Dec. 24-25…

Edwin Watts Golf Closes ReCap Deal…

Wellspring Capital Management LLC, a New York-based private equity investment firm and majority shareholder of The Hockey Company since 1997, has reportedly taken a majority stake in Edwin Watts Golf. Terms of the deal were not disclosed…

Variflex Looks to Shrek for Help…

Variflex had another tough quarter, with sales declining 4.0% from $12.6 million in fiscal Q1 2003 to 12.1 million in fiscal Q1 2004 ended October 31. VFLX swung to a loss of $477,000. or 10 cents per share, compared to $11,000, or $0 per share LY…

Rocky Hits Wolverine with Stalker Suit…

Rocky Shoes & Boots and Wolverine Worldwide are duking it out over the “Stalker” brand name. Rocky last week sued Wolverine in Federal District Court in Columbus, OH, citing Wolverine’s use of the word “stalker” on a new line of hunting boots…