Greg Norman Collection Appoints Europe GM
Suzy Biszantz, President of Greg Norman Collection, announced the appointment of Tony Wilkinson to General Manager for the UK and Europe, responsible for the Greg Norman Collection and Reebok Golf…
Rawlings Acquires ABC Helmet Company
Rawlings Sporting Goods Company Inc. has signed a definitive agreement to acquire certain assets of the ABC Helmet Company. The cash transaction is expected to close in the third quarter and is intended to help build on Rawlings' strength as the num
Foostar Delays 10-K Filing — Again
Footstar, Inc. said Wednesday that it would not file its Form 10-K for the fiscal year ended December 28, 2002 by April 30, 2003, as previously expected, because its financial statements continue to be under review by the company's external auditors,
Buy.com Launches Online Sports Store
Buy.com Inc. announced that it has significantly expanded its product offering by launching a Sports Store, giving customers access to 65,000 new products from top brand names in the sporting goods marketplace. The Sports Store will offer Wilson, Adidas,
Nautilus Q1 Net Income Down 43% on 4% Sales Dip
The Nautilus Group, Inc. reported net sales of $129.4 million for the first quarter ended March 31, 2003, compared to $135.9 million for the corresponding period last year. Net income for the quarter was $13.7 million compared to $24.0 million in the firs
Gander Mountain in Alliance with Arctic Cat
Arctic Cat Inc. has formed a new alliance with sporting goods retail giant, Gander Mountain. Gander Mountain's newly-opened Geneva, Ill., store will offer the full line of Arctic Cat ATVs, as well as genuine parts, garments and accessories…
GSI Commerce Posts $5.5 Million Loss on 5% Comp Increase
GSI Commerce reported net revenues for the first quarter fiscal 2003 were $48.9 million for the first quarter of fiscal 2003, which represents a 53.1% increase compared to net revenue of $31.9 million for the first quarter of fiscal 2002. Comparable store
Phoenix Footwear Q1 Profit Down 38% on 15% Sales Decline
Phoenix Footwear Group, Inc. announced net sales for the first quarter ended March 29, 2003 totaled $9.2 million versus $10.8 million for the first quarter of 2002. Net income for the quarter was $375,000 versus $605,000 for the year-ago quarter and earn
Spiegel to Close 60 Eddie Bauer Stores
The Spiegel Group announced its intent to close 60 under-performing Eddie Bauer stores as an integral part of a multi-phase reorganization process. These stores will remain open for business pending approval of the store- closing plan by the Bankruptcy Co
OP Signs Infant Furnishings License
Ocean Pacific Apparel Corporation announced it has formalized a licensing agreement with California-based Crown Crafts Infant Products, Inc., a leading infant furnishings and accessory veteran with 25 years in the business and established department, mass
Galyan’s Closes on New Five-Year Revolver
Galyan's Trading Company, Inc. has closed on a $250 million senior secured bank facility that will mature in April 2008. This new revolving credit facility replaces the previous $160 million revolving credit facility that was to expire on May 3, 2004
Kmart Adds General Counsel
Kmart Corporation announced that Harold W. Lueken will join the Company as Senior Vice President and General Counsel, effective May 12, 2003. Reporting to President and CEO Julian C. Day, Lueken, 41, will be responsible for the Company's Legal and H
Hibbett Stockholders to Offer 2 Million HIBB Shares
Hibbett Sporting Goods, Inc. has filed a prospectus supplement to its shelf registration statement with the Securities and Exchange Commission for a public offering of 1,960,081 shares of its common stock. The offering is being made in connection with a
Vail Resorts Issues Fiscal Year Earnings Warning
Vail Resorts, Inc. announced that, based on its third quarter performance to date, the Company anticipates its financial results will fall below consensus analyst estimates for the quarter ending April 30, 2003 as well as for the 2003 fiscal year. Fiscal
Pacific Sunwear Agrees to Settle Employee Overtime Litigation
Pacific Sunwear of California Inc. has reached an agreement to settle all claims related to two lawsuits concerning overtime pay. The purported class actions allege that the company improperly classified certain California-based employees as “exempt” fro
