SGB Update Outdoor
Big 5 Reports on Delisting Status
Big 5 Sporting Goods Corporation received a notice on May 25, 2005 of a determination by Nasdaq's Listing Qualifications Staff that it fails to comply with Nasdaq listing standards due to the delayed filing of its Quarterly Report on Form 10-Q for th
Gottschalks May Comps increase 4.2%
Gottschalks same store sales for the month of May 2005 increased 4.2% from the prior year. Total sales for the month increased 3.7% to $47.4 million from $45.7 million in May 2004. On a year-to-date basis, same store sales increased 0.6% from the same per
NSGA Elects New Director-at-Large
The National Sporting Goods Association (NSGA) Board of Directors has elected a new Director At-Large, Terry Hennessey, President of PEI Source For Sports, Charlottestown, Prince Edward Island, Canada. Hennessey, who was Chairman for Sports Distributors o
TSA Looks to be Turning Corner with Q1 Gains…
The Sports Authority has apparently been successful in upgrading the quality of traffic in its stores as management moves to increase its mix of better goods in footwear, apparel, and equipment, and away from the traffic based on price and low-priced merc
Strong Q1 Comps at Fleet Feet Reflect Market’s Move to Running…
Fleet Feet, Inc. is certainly getting a big kick out of the move to the running category as comp store sales for its franchisees jumped 10.5% in the first quarter. Total retail sales for the 64 stores increased 15.0% to $11 million…
Mossimo Secures Funding for Buyback…
On April 11, Gianulli Mossimo, president of Mossimo, Inc. submitted a proposal to buy all outstanding shares of the company, and take the company private again. To finance the purchase, Mossimo last week procured a three-year secured committed term loan
Reebok International Sells Ralph Lauren Footwear License Back to Polo…
Reebok International and Polo Ralph Lauren will part ways after a nine-year deal that had the two in an exclusive footwear licensing arrangement that granted Reebok the rights to design, develop, manufacture, market and distribute men's, women's
GSI Expands to Europe in Acquisition…
GSI Commerce Inc. announced a definitive agreement to acquire control of privately-held Aspherio, S.L., a Barcelona, Spain-based provider of outsourced e-commerce solutions. GSI will work strategically with Aspherio to offer its international e-commerce c
Nautilus Sees Icon Patent Infringement Case Dismissed…
The federal district court in Seattle dismissed the remaining claims in Nautilus' patent infringement case against Icon Health and Fitness. This case is one of three cases Nautilus has on file against Icon Health and Fitness. Nautilus will appeal thi
Rawlings and Matrix Trade Shots in the New Hit “Bag Wars: Episode III”
In a messy fight between a brand and a licensee, K2, Inc. and Rawlings last week filed papers asking for a new trial in a breach of contract suit case that saw Matrix Group Ltd, Rawlings’ bag licensee, awarded approximately $8.7 million by a jury earlier
Emergency Military Order Boosts Johnson Outdoors…
Johnson Outdoors received an urgent need order from the U.S. Military for 2,510 modular general purpose tent systems worth $15.9 million. Previously Johnson Outdoors management was anticipating a 40% decline in tent sales to the military, but now this dec
Nautilus Responds to Icon Patent Infringement Ruling
Nautilus announced that the federal district court in Seattle dismissed the remaining claims in Nautilus' patent infringement case against Icon Health and Fitness. Therefore, the patent infringement case has been dismissed and will not proceed to tri
GSI Commerce Prices Public Offering
GSI Commerce has filed its registration statement with the Securities and Exchange Commission related to the public offering of its common stock and a new series of 20-year convertible notes and was declared effective. 1,791,914 shares of the company'
Bon-Ton Promotes Plowman to CFO
The Bon-Ton Stores, Inc. announced the promotion of Keith E. Plowman, 47, to the position of senior vice president and chief financial officer. Mr. Plowman will maintain his role as principal accounting officer and continue to report to James H. Baireuthe
Brawn Retires From Forzani Board, Walters Steps-Up
The Forzani Group announced that Mr. Robert Brawn would not seek re-election to the company's Board of Directors. His retirement will be effective at the company's Annual General and Special Meeting of Shareholders on June 8th, 2005. Paul Walter
