Patagonia Pushes for Dam Removal on Lower Snake River
As a result of a partnership between The Save Our Wild Salmon Coalition (SOS) and outdoor apparel company Patagonia, Inc., over ten-thousand emails and letters have been sent to President George W. Bush since October 30th, urging him to remove four dams o
Escalade Sports 2003 Earnings Up 15% on 10% Sales Gain
Escalade, Incorporated reported that annual net sales at Escalade Sports increased 10% over the prior year to $139.3 million, but for the fourth quarter net sales declined 1.5% compared to the previous year. However, net income for the fourth quarter incr
Footstar Gets Another Bank Extension; Warns of Chapter 11 Possibility
Footstar, Inc. reported that it has received a waiver and extension until February 27, 2004 of the requirement to provide financial statements to the syndicate of banks, led by Fleet National Bank, that provide the Company's $345 million senior secur
Cutter and Buck Responds To Insurance Case Ruling
Cutter & Buck Inc. responded to the court's issuance of an order rejecting the company's claims against Genesis Insurance Company. Cutter & Buck had sought reinstatement of its directors' and officers' liability insurance policy, which
The Finish Line Promotes Two Executives
The Finish Line, Inc. announced that Al Goizueta has been promoted to Vice President of Stores and Mike McCall has been promoted to Regional Vice President…
Dick’s Q4 Comps Up 4.6%; Company Ups Guidance
Dick's Sporting Goods, Inc. reported that net sales for the quarter ended January 31, 2004 increased 20% to $474.4 million compared with $395.2 million for the quarter ended February 1, 2003. Comparable store sales increased 4.6%. Due to better-than-
Sport-Haley Sees Shift in Sales Management
Sport-Haley, Inc. announced that Robert W. (Bob) Haley, President and the head of the HALEY sales organization, will be leaving the company to pursue other interests, effective March 31, 2004. Mark Maley has been appointed to the newly created position o
Dick’s SG to Issue $125 Million in Bonds
Dick's Sporting Goods, Inc. announced that it intends to offer, subject to market and other conditions, approximately $125 million issue price of 20-year convertible senior notes through an offering within the United States to qualified institutional
Oakley Breaks $500 Million Barrier; Q4 Net Income up 540%
Oakley announced Q4 and full year results ended December 31, 2003. Q4 net sales increased 18.1% to $121.6 million, compared with $102.9 million in 2002. Net income for Q4 was $3.2 million, or $0.05 per diluted share, compared with $0.5 million, or $0.01 p
Accell to Acquire Juncker B.V.
Accell Group N.V. has signed a letter of intent for the acquisition of Juncker B.V. in Veenendaal, a company which trades in bicycle parts and accessories. The acquisition is an important step for Accell Group in the Dutch bicycle parts and accessories ma
Mossimo Makes One Last Move Against Cherokee
Cherokee Inc. announced today that Mossimo, Inc. has now asked the Supreme Court of the State of California to review the unanimous decision of the California Court of Appeal, which affirmed a June 17, 2003, Judgment entered in Cherokee's favor by t
Parkdale America Tangled in Antitrust Case; Fines may Impact Unifi
Unifi has been informed by Parkdale America, a private company in which Unifi holds a 34% interest, that Parkdale participated in activities with competitors in the markets for open- end and air-jet cotton and polycotton yarns used in the manufacture of h
VF Posts Record Q4 Numbers on 6% Sales Increase
VF Corporation announced record results for the fourth quarter and record earnings for the full year. Q4 earnings from continuing operations rose 52% to $.96 per share, compared with $.63 per share in 2002. Income from continuing operations was $105.6 mil
Sport Haley Sales Up 18% in Fiscal Q2
Sport-Haley reported unaudited earnings for the fiscal quarter and six months ended December 31, 2003. Net sales for the fiscal quarter were $4.8 million, an increase of $722,000 or 18%, from net sales of $4.0 million for the same quarter in the prior fis
Fleetwood Permanently Prevented From Using Coleman TM
The Coleman Company confirmed that a Kansas District Court ruled that neither Fleetwood Enterprises, Inc., nor its subsidiary, Fleetwood Folding Trailers, Inc., have any right to use the Coleman trademark or any right to prevent The Coleman Company from u