St. Moritz Rounds Out Canada Rep Coverage

St. Moritz Watch Corporation (SMWC) announced that two new independent agencies have signed on to market their line of watches, stop watches and pedometers. The company appointed Alpine Exposure Inc. and Lightspeed Marketing Inc…

Dick’s CEO Repays Company Loan Early

Reuters is reporting that Ed Stack, chairman & CEO of Dick's Sporting Goods, has already paid in full a $6.2 million company loan from May 2001. The loan had been due in 2011…

Asics Sues Discount Retailer for Knock-offs…

Asics filed suit Friday in the Federal District Court in the Western District of Tennessee against Fred's, Inc, a 350+ store discount retail chain in the Southeast. The suit claims trademark infringement, unfair competition, and trademark dilution..

Johnson Outdoors Narrows Q1 Loss

Johnson Outdoors Q1 net sales decreased 8% to $54.9 million, and operating profit declined by $0.8 million to $0.2 million. The reported loss before cumulative effect of change in accounting principle improved to -$0.3 million…

Pacific Trail Signs Watch License Deal

Pacific Trail® Inc. has signed a three-year license agreement with Genender International, Inc. to design, develop and market a collection of Pacific Trail branded timepieces…

K2 Promotes Marcovitch to Run Division

K2 Inc. announced that Robert Marcovitch has been promoted to President of its Ski, Snowboard, Skate, and Bike Division. The division is based on Vashon Island, Washington…

Callaway Takes Hit After Filing Late 10-Q…

Shares at Callaway Golf dipped nearly 8.8% for the week after an erroneous Bloomberg News report put a damper on the company’s otherwise positive predictions that its sales and profits for 2002 might be better than forecast…

Parallel Universe? I think Not.

Recently, industry pundits attempted to draw a parallel between Levi Strauss and Nike, implying that Levi’s fall from grace may portend the same for the world's largest athletic brand. There was an article about NKE in last Sunday’s New York Times ma