Nike to Replace adidas as U.S. Olympic Sponsor
Nike has signed as an official sponsor and licensee of the 2006 and 2008 U.S. Olympic and Paralympic Teams, as announced by the U.S. Olympic Committee. The partnership with Nike will officially begin in January 2005. For the first-time, U.S. Olympic and P
Amerex to License akademiks Brand for Ourterwear
Amerex Group Inc. has entered into a licensing partnership with Kemestre 8 dba Akademiks to manufacture a new line of outerwear for Akademiks men’s and akdmks ladies and girls. The first preview of the new Akademiks men’s and akdmks ladies and girls oute
Kestrel Lands New Japanese Distributor
Kestrel Bicycles has inked a deal with Aki Corporation, Ltd., making them Kestrel's new exclusive distributor for Japan.
Skechers Licenses Name for Childrens Socks
SKECHERS announced that United Legwear, Co. has been named the licensee for SKECHERS Kids-branded socks in the United States and Canada. SKECHERS Kids' sock agreement follows on the heels of the Fall 2003 launch of SKECHERS children's apparel wi
K2 Completes Fotoball Stock Exchange
K2 Inc. announced that, pursuant to its previously announced offer to exchange each share of Fotoball USA, Inc. common stock for 0.2757 of a share of K2 common stock, K2 has accepted for exchange all shares of Fotoball USA common stock tendered as of the
Johnson Outdoors Awarded Another Military Contract
Johnson Outdoors has been awarded a five-year contract for the Expanded Soldier Crew Tent (ESCT) by the U.S. military. The new government contract calls for annual orders of the seven-man all-weather tent, which provides billeting for combat vehicle crew
Torpedo Sports Files Delayed 10-K and 10-Q
Torpedo Sports USA reported net sales of $6,075,549 and a net loss of $(3,458,072) for the year ended July 31, 2003 as compared to net sales of $8,209,400 and net income of $280,356 for the year ended July 31, 2002. For the first quarter ended October 31
ICON Fiscal Q2 Net Income Up 12.4% on Stronger CV and Strength Sales
ICON Health & Fitness is reporting that net sales for the second quarter of fiscal 2004 ended November 29, 2003 increased $13.4%, to $331.8 million from $292.7 million in the comparable period in 2003. Sales of cardiovascular and other equipment increased
Super Show 2004: Woulda, Coulda, Shoulda…
The weather in Orlando turned warmer just as the 19th annual gathering of the sporting goods industry known as The Super Show got under way. The move to Florida was expected to signal a new chapter in the saga of the now well-traveled show, but the event
New Footstar CEO May Shed Athletic Division as Just for Feet Drags Down Results…
There is a humorous story, believe it or not, about the auction proceedings for the assets of the former Just for Feet company a few years ago. When Footstar Inc. prevailed in the bidding process, someone asked Bob Tucker, founder and CEO of Shoe Show In
Footstar Athletic Has Surprise Q4 Dip…
Expectations were a bit higher for Footstar’s Athletic division to post improved comp store sales results for Q4 due to increased allocations of Nike marquee product that drove such strong results at cross mall competitor The Finish Line. A resurgent Foo
Stride Rite Sees Keds Changes as Unit Drags on Fiscal Q4, Full Year Results…
Stride Rite Corporation was able to cut its fiscal fourth quarter loss in half and post a mid single digit gain in profits for the year even as it relies more heavily on owned-retail sales for its flagship brand…
Yue Yuen Looks Ahead to Apparel Opp…
Yue Yuen Industrial Holdings announced better than expected earnings and sales as net profit for the year ended September 30, 2003 jumped 34.8% to $308.2 million, up from $228.6 million last year and beating analysts’ expectations of $302.2 million…
Head Makes Major Cost Cutting Moves…
After reporting large sales gains in the Winter Sports division in Q3, Head NV is saying that Q4 numbers are coming in even stronger. For the two months ending November 30th, Head saw total sales rise 15.6% to $115.5 million. According to the company, a m
Oakley Embarks on Global Strategy…
Oakley launched an international expansion campaign starting with an O-Store in Santiago, Chile. The store was opened and is operated under a licensing agreement with Racing Ltda., Oakley’s exclusive distributor in Chile. Oakley management did not release
