SGB Update Outdoor
SGMA Raquetball Group Hires Coordinator
The racquetball industry is taking steps to increase its visibility. To achieve this objective, the SGMA’s Racquetball Manufacturers Council (RMC) has hired Dave George of San Bruno, California, as its Project Coordinator…
Sport Casuals Names Bua Sales Chief
Sport Casuals, Inc., the Private Label Apparel Design and Sourcing company, has appointed Jeff Bua as Senior Vice President of sales and business development…
Another Textile Giant to Emerge…
On the heels of Malden’s exit from Chapter 11, Burlington Industries creditors approved the acquisition of the company by takeover king WL Ross & Co. LLC, enabling the company to emerge from bankruptcy protection on November 10, 2003. The majority of cur
Russell Looks Outside to Boost Artwear Business
Russell Corporation has elected Julio A. Barea SVP of the company and CEO for the domestic activewear business. Barea, who will officially join the company October 27, will be responsible for Russell's artwear and mass retail businesses. He will rep
Fotoball Swings to Q3 Loss on 26% Sales Decline
Fotoball USA Inc. reported net sales for the third quarter of 2003 were $8.2 million with a net loss per diluted common share of ($0.01) versus third quarter of 2002 net sales of $11.1 million with a net income of $0.07 per diluted common share. The pre-t
Brunswick Q3 Net Income Surges 61% on 15% Sales Gain
Brunswick Corporation announced today a 58% increase in diluted earnings per share on a 15% sales gain and a 32% increase in operating earnings in the third quarter of 2003. Diluted earnings per share rose to $0.41 compared with $0.26 per diluted share f
K-Swiss Has Another Classic Quarter; Profits Up 85%
K-Swiss saw total worldwide revenues for the third quarter increase 49.0% to $121.6 million compared with $81.6 million in the prior-year period. Domestic revenues increased 52.6% to $105.5 million and international revenues increased 29.1% to $16.1 milli
Coastcast Narrows Q3 Loss on Lower Sales
Coastcast Corporation reported sales for the third quarter of 2003 were $11.0 million vs. $12.4 million. The net loss for the quarter was ($1.6 million) vs. ($4.6 million), and diluted loss per share was ($0.20) vs. ($0.60). Three directors have resigne
All New All-New Balance Store
Sierra Multi-Brand, Inc. and New Balance Athletic Shoe, Inc. announced today, the GRAND RE-OPENING of the premiere Santa Barbara New Balance store on October 27, located at 607 State Street, Santa Barbara, CA…
Bell Takes Over For Dagger In The Canoe Business
Dagger kayaks, a division of WaterMark, announced it is
leaving the canoe business to focus solely on kayak production. The decision is effective immediately. Bell Canoe Works, of Zimmerman MN, struck a two-part deal with WaterMark that will help fill the
Oakley Q3 Net Income Up 10.3% on 9.9% Sales Gain
Oakley, Inc. announced net sales for the quarter increased 9.9% to a third quarter record $145.0 million, compared with last year's third quarter net sales of $131.9 million. Net income for the third quarter totaled $13.5 million, or $0.20 per dilute
SBI Appoints VP Global Tax and Corporate Finance
Sport Brands International, which recently purchased Fila and all its subsidiaries worldwide, has named Christopher Blumhard as Vice President Global Tax & Corporate Finance for the company. In his new role, Mr. Blumhard will be responsible for the compan
Burlington Creditors Approve Restructuring Plan; Senior Management Ousted
WL Ross & Co. LLC announced that creditors had voted overwhelmingly in favor of its purchase of Burlington Industries upon its reemergence from Chapter 11 reorganization now targeted for November 10, subject to prior Bankruptcy Court approval and named a
Brass Eagle Merges Into K2, Inc.
K2 Inc. and Brass Eagle Inc. jointly announced the signing of a definitive merger agreement in which Brass Eagle would become a wholly-owned subsidiary of K2. In the transaction, each outstanding share of Brass Eagle common stock will be exchanged for 0.6
Wilson is Official Olympic Tennis Ball
Wilson will be the official tennis ball of the 2004 Olympic Games. The US Open Tournament Select tennis ball will be used in play for the eight day event August 15 – 22nd…