Tag: Supplier

The Athlete's Foot has formalized an agreement with Apparel LLC of Dubai, United Arab Emirates to become The Athlete's Foot's master franchisee for the United Arab Emirates, Bahrain, Qatar and Oman. It projects a minimum of 15 store openin

The move by Yue Yuen to sell off 44.8 million shares of Pou Chen Corporation on the Taiwan Stock Exchange netted the company a $23 million gain and is seen as a move to dispose of non-core assets and deploy the resources into the core footwear and apparel

With advances in average prices outnumbering declines two to one for the 22 categories of athletic and sports footwear surveyed by NSGA, the average price point for all footwear rose 1.1% in 2004. The average price rose to $39.32 in 2004 from $38.88 in 20

The TJX Companies, Inc. has completed its acquisition of Bob's Stores. TJX has purchased substantially all of the assets of Bob's Stores and its subsidiaries and assumed leases for 31 of Bob's Stores' locations, its office and warehou

Vail Resorts, Inc. announced it has reached an amicable agreement with Intrawest Corporation to divide the remaining developable assets, to jointly liquidate remaining partnership inventory, and ultimately to dissolve the Keystone development partnership

Golf and Tennis Pro Shop (GTPS) has entered into a letter of intent to acquire the three Martin's Golf and Tennis Superstores located in Myrtle Beach, South Carolina. This transaction is subject to the negotiation and completion of a definitive agree

The Boston Celtics has entered into an e-commerce agreement with FanBuzz. As part of the agreement, FanBuzz' services include Web site development, back-end fulfillment and customer care for the private-label Boston Celtics online store at www.celtic

Kesslers Team Sports of Richmond, IN, the nation's largest independent team sporting goods distributor with annual revenues exceeding $30 million will join the Collegiate Pacific stable. Terms of the deal, which is expected to close in early 2004, w

Vans was bleeding red ink in fiscal Q2 regardless if they include the troubled skatepark business in their GAAP results or when look at their continuing “base business” that excludes the five skateparks that will close this year. The company appeared to

Based on court papers obtained by Sports Executive Weekly, it appears that Blades Board and Skate, the 14-store action sports chain based in New Jersey, filed for Chapter 11 bankruptcy protection on December 4 due to an injunctive order obtained just days

Callaway Golf Company announced that sales and earnings estimates for 2003 will be in line with previous estimates and will include about $25 million in pre-tax integration costs that are expected to put diluted earnings per share in the 65 cents to 67 ce

Vans, Inc. saw net sales for the second quarter of fiscal 2004 ended November 29 for the base business increase 10.4% to $63.4 million, compared to $57.4 million for fiscal Q2 2003. Company-owned comp store sales increased 15.2%. The net loss during th

The industry has been buzzing ever since new Fila parent, Sport Brands International, made it public last week that CEO Jon Epstein had resigned for “personal reasons”.
The former CEO has agreed to plead guilty in a fraud investigation of the Just For Fee

Winmark Corporation, the parent company for Play it Again Sports, has announced the promotion of Rebecca J. Geyer to the position of Vice President of Franchise Management and Steven A. Murphy to the position of Vice President of Franchise Management…

K2 Inc. is forecasting fiscal year 2004 sales of approximately $920 million and earnings per share in the range of 92 cents to 94 cents based on assumed outstanding shares of 34.4 million as of December 31, 2004. For fiscal year 2003, K2 reconfirmed its