K2 Inc. is One Acquisition Away from Billionaire’s Club…
K2 Inc. is forecasting fiscal year 2004 sales of approximately $920 million and earnings per share in the range of 92 cents to 94 cents…
Vail Resorts Hit with Record Verdict…
A jury awarded $17.5 million in compensatory damages to Joette Williams and her deceased husband’s family. The couple suffered from carbon monoxide poisoning in August of 2001 at a Jackson Hole, Wyoming resort owned by Vail Resorts. Joette Williams surviv
Vans Looks to Girl’s Biz for Growth…
Vans was bleeding red ink in fiscal Q2 regardless if they include the troubled skatepark business in their GAAP results or when look at their continuing “base business” that excludes the five skateparks that will close this year. The company appeared to
Rossignol Feels the Currency Pains…
Rossignol sales have dropped 11% for the first six months of the 2003-04 season from €224.9 million ($226.1 million) to €199.9 million ($213.9 million)…
Blades Files for Chapter 11 Protection…
Based on court papers obtained by Sports Executive Weekly, it appears that Blades Board and Skate, the 14-store action sports chain based in New Jersey, filed for Chapter 11 bankruptcy protection on December 4 due to an injunctive order obtained just days
K-Swiss Terminates National Geographic Deal
K-Swiss Inc. has announced it has agreed with National Geographic to end their license agreement to develop and market a collection of National Geographic outdoor-oriented and casual footwear. The company had previously accrued $4.3 million for anticipat
Under Armour on the Move…
Under Armour Performance Apparel is moving their manufacturing facility, but is bucking the trend of companies moving off-shore as it makes the shift to a neighboring county instead. Baltimore County and Anne Arundel County in Maryland have reportedly be
Callaway Sees Top-Flite Drag in 2004…
Callaway Golf Company announced that sales and earnings estimates for 2003 will be in line with previous estimates and will include about $25 million in pre-tax integration costs that are expected to put diluted earnings per share in the 65 cents to 67 ce
Brown Takes on Bass; Diane Sullivan Appointed President…
The deal that will see Brown Shoe Company acquire the license for wholesale footwear for the Bass brand from Phillips-Van Heusen Corp. will have far-reaching implications for the storied brand’s hometown in Maine and bring the long-time footwear executive
SEW Goes One-On-One with… Alan Cohen
Alan H. Cohen is a co-founder of The Finish Line, Inc. and one of its principal stockholders. He has served as chairman of the board and CEO since 1982.
Cohen traces his successful experience in the specialty athletic footwear and apparel industr
Forzani Opens New Office, Consolidates Warehouse Ops
The Forzani Group Ltd. recently announced the opening of new office facilities near its current location in Laval, Quebec and has incorporated space for the large trade shows it hosts regularly for suppliers and Franchise owners. Concurrent with this ann
Federated Names New Burdines President and COO
Federated Department Stores, Inc. has named Nirmal K. “Trip” Tripathy as president and chief operating officer of its Miami-based Burdines division, effective immediately. The position of Burdines president/chief operating officer has been vacant since Mi
Russell Licenses Big and Tall Market to Profile
Russell Athletic has reached an agreement in principal on a four-year license with Profile, a division of the Waitex Group, to merchandise and distribute a Big and Tall program under the Russell Athletic brand name. The license will run through 2007…
Backbone Goes Fly Fishing
Simms retained Backbone Media of Carbondale, Colorado to manage its public relations efforts…
New Twists in the Bob’s Stores Bankruptcy Case…
TJX saw an opportunity to dump the bad stuff and expand their footprint into a younger mall consumer demographic when they offered to acquire Bob’s Stores. To execute the plan, the two need to pull off a Chapter 11 bankruptcy of Bob’s Stores to jettison t
