SGB Update Outdoor
Oakley Settles Patent Lawsuit with NYX Golf Inc.
Oakley Inc. announced that it has settled a lawsuit for alleged infringement of its XYZ(R) Eyewear Patents, among other things. The parties entered into a confidential settlement agreement, the terms of which were not disclosed, except that the parties d
Gart / TSA Deal Survives Antitrust Deadline; Merger Moves Ahead
Gart Sports Company and The Sports Authority, Inc. announced Thursday that the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 with respect to their previously announced plan to merge the two companies expired at midnig
Oakley, I-Tech Settle Infringement Action; Agree to License Deal
Oakley Inc. has settled its patent infringement lawsuit filed on Dec. 28, 2001 against I-Tech Sport Products Inc., for patent infringement and unfair competition alleging the infringement by ITECH of Oakley's U.S. Patent No. 5,815,848 — “Impact Resi
Federated Inks Private Label Deal with Tarrant
Federated Department Stores, Inc. and Tarrant Apparel Group have signed a multi-year exclusive distribution agreement to distribute American Rag CIE, a new casual sportswear collection for juniors and young men's…
West Marine Sees March, Q1 Comps Down Over 10%
West Marine, Inc. reported that net sales for the five weeks ended March 29, 2003 were $55.5 million, a 17.1% increase from net sales of $47.4 million for the same period a year ago. Comparable store net sales for March decreased 10.3% from the same peri
Ahead Adds Tempesta to Midwest Rep Slot
Ahead® has hired Tony Tempesta as sales executive for the Kansas and Missouri territory. Tempesta becomes the newest addition to an Ahead sales team whose growth has been prompted by continued expansion of its lines…
Columbia Completes Acquisition of Mountain Hardwear
Outdoor apparel and footwear leader Columbia Sportswear Company announced that it has completed its previously announced acquisition of Mountain Hardwear, Inc. A wholly owned subsidiary of Columbia Sportswear merged with and into Mountain Hardwear effect
Skechers Signs Men’s Apparel License Deal
Skechers USA, Inc. announced that Garson International has been named the licensee for Skechers men's outerwear in the United States. Under the licensing agreement, Garson International will design, distribute and market Skechers Collection men'
REDA Reports 76% Growth in Fiscal 2002
Privately-owned REDA Sports Corporation announced 7.8% comp year-over-year growth and explosive 76.3% year-over-year growth in FY2002, attributed mainly to the robust sales of Kappa USA, the company’s linchpin proprietary soccer brand…
The North Face Opens First NYC Store
The North Face opened its first New York City store last week. Located at 2101 Broadway at 73rd Street, in the heart of Manhattan's Upper West Side, the new store elaborates on The North Face®'s new retail concept designed to personify the bran
The NHL and The Hockey Company Forge Marketing Alliance
The National Hockey League and The Hockey Company have reached an agreement to form a long-term worldwide exclusive licensing and marketing partnership. Under the new agreement, The Hockey Company will have the exclusive rights to supply and market all C
Rodale Sees Turnaround, But Changes Leave Scars
Rodale Inc. said its Men's Health magazine surged in advertising revenue and circulation, reversing recent declines. Runner's World had the highest ad revenue in its history and Scuba Diving put its competition, Skin Diver, out of business.
It’s the Product, Stupid…
With Finish Line CEO Alan Cohen declaring that, “It’s all about the product”, the athletic specialty retailer seemed to put a positioning stake in the ground to “focus on superior product selection and presentation, instead of price”. FINL clearly expect
Converse Delays IPO, But Rolls On…
Converse management has decided to delay the timing of its Initial Public Offering until current global geo-political issues can play out and the market returns to a somewhat normal cycle. The company hasn't launched a pre-offering “roadshow” for in
The Finish Line Fiscal Year Net Income Up 35% on 8.0% Sales Gain
The Finish Line, Inc. reported fiscal 2003 net sales increased 8% to $757.2 million for the fifty-two weeks ended March 1, 2003 compared to $701.4 million for the fiscal 2002. Comparable store net sales increased 3% for the year. On a GAAP basis, net in
