K2 Inc. Acquires Miken; Rolls Brand into Rawlings…
K2 Inc. has acquired yet another company to “tuck-in” to its team sports division. Miken Sports, the Caledonia, Wisconsin-based manufacturer of carbon fiber softball and baseball bats was acquired two weeks ago for an undisclosed sum. The deal had report
Nike Golf Taps Industry Vet to Run U.S…
Nike has tapped Cindy Davis, senior vice president of The Golf Channel, as general manager for Nike Golf in the U.S. Davis, who was previously president and CEO of Arnold Palmer Golf Company, replaces David Pillsbury, who left Nike in August to become CO
Black Friday Weekend Rings Up $22.8 Billion in Sales
It’s beginning to look a lot like Christmas at the nation’s retailers after a blockbuster weekend where 133 million shoppers flooded stores hunting for popular electronics, clothing, and music. An NRF survey conducted by BIGresearch found that the average
CenterStone Technologies Adds Helly Hansen to Client List
CenterStone Technologies, Inc., an internationally recognized leader in sales order management solutions, has added Helly Hansen to its client list of premium brands. Headquartered in Norway, in the town of Moss, Helly Hansen manufactures technical outerw
Sports Authority Narrows Q3 Loss; Comps Decline 1.9%
The Sports Authority reported a net loss of $2.2 million, or 9 cents per diluted share, for its fiscal third quarter, compared with a net loss of $2.2 million, or a loss of 31 cents per diluted share, in the year-ago period. Total sales declined 1.4% to
Everlast Adds Two More Licensing Deals
Everlast Worldwide has expanded its relationships with two licensees. Muse Marketing Limited, based in Hong Kong, will introduce Everlast apparel in Hong Kong and Hong-Kong-based Stelux Watch Ltd., which is launching Everlast-branded watches in China, Hon
Mossimo Hires CPA as CFO
Mossimo announced the hiring of Vicken Festekjian to the position of Chief Financial Officer. Mr. Festekjian joins Mossimo from the accounting firm of Moss Adams LLP. During his tenure at Moss Adams, Mr. Festekjian served in various positions, most recent
Collegiate Pacific Raises $40 mm in Private Offering
Collegiate Pacific announced the pricing of a private offering of $40 million principal amount of convertible senior subordinated notes due 2009 to a limited number of qualified institutional buyers pursuant to Rule 144A. The notes will bear interest at a
Foot Locker Gets Champs and Lady Lift in Q3; Europe Starts to Improve in Q4…
Foot Locker, Inc. saw improving results in some of its U.S. businesses in the third quarter, thanks primarily to Nike, while the company starts to see some improvement in its Europe business. Total sales increased due primarily to the addition of roughly
Stearns Acquires Watermark’s Inflatable PFD Business…
WaterMark is selling its inflatable PFD business to K2 Inc’s Stearns division. Stearns has acquired all of the assets of the inflatable personal flotation device business including the SOS and SOSPENDERS brands and all warranty responsibility for the prod
Genesco Again Gets Journeys and Hat World Help to Counter Jarman Drag…
Genesco Inc. again counted on its Hat world acquisition to grow profits for the third quarter ended October, as the operating profit boost from the specialty retailer acquired in April helped push net income up more than 28% for the period. Top-line sale
Some Johnson Outdoors Investors Get Hot Over Buy-Back Plan…
Quarterly conference calls with financial analysts are usually rather muted, and the most excitement usually experienced is a double-digit sales increase, but tempers flared among investors at Johnson Outdoors’ Q4 call on Thursday as management attempted
Hibbett Gets Footwear and Team Sports Boost in Third Quarter…
Hibbett Sporting Goods got a nice contribution from Footwear and Team Sports in the third quarter to push comps store sales up 5.4% in the period on top of a 6.9% increase in the year-ago quarter. A decline in Apparel sales, coupled with lower margins in
180s Takes on J.C. Penney for Patent Infringement…
In a second vendor v. retailer patent infringement case, 180’s has won a preliminary injunction against J.C. Penney and Drew Pierson Marketing. 180s is alleging that J.C. Penney and Pierson infringed upon two of 180s' patents relating to wrap-behind
Smith Optics Restructures
Effective immediately, Smith Optics will be implementing a departmental re-structuring. With the retirement of Marketing Senior Vice President Kerry Marumoto, the organizational makeup has been re-evaluated and structural changes will be executed…
