Footstar to Sell Off Footaction Unit; Cites Lack of Nike Support
Footstar, Inc. has announced that it is moving forward with an accelerated process to sell its remaining athletic footwear operations to focus its full attention and resources on its core Meldisco business. The company also said that its decision to purs
The Hockey Company Signs Partnership Deal with American Hockey League
The American Hockey League and The Hockey Company today announced a multi-year, multi-million-dollar partnership that will serve as the foundation for the AHL's marketing, licensing and on-ice branding strategies for years to come. The agreement was
Finish Line Q4 Net Income Up 37%; Raises 2005 Guidance
The Finish Line, Inc. reported that net sales increased 30% to $305.3 million for the fiscal 2004 fourth quarter compared to $234.4 million reported for the year-ago period. Comparable store net sales increased 19% for Q4 on top of a 10% increase reported
U.S. Ski and Snowboard Team Foundation Adds Members to Board
The U.S. Ski and Snowboard Team Foundation announced Thursday the addition of seven new members to its Board of Trustees. The new Trustees are John Bloomberg, Craig T. Brown, Kenneth Gart, Bing Gordon, Scot Jarvis, Dennis Keller and Daniel E. Waters. This
Superfeet Partners with The Penguin
Superfeet recently partnered with John “The Penguin” Bingham, runner, author and inspiration for runners of all levels…
West Marine Raises Q1 Guidance on Strong March Sales
West Marine, Inc. CEO John Edmondson said that March sales have been very strong, prompting the company to raise its estimate for comparable store sales for March to reflect a an increase of 9% to 14% and a fiscal first quarter increase of 11% to 14%, up
NRF: Easter Spending on the Rise
Easter is officially on its way and consumers are ready to spend more than last year, according to the NRF 2004 Easter Consumer Intentions and Actions Survey, conducted by BIGresearch for NRF. The surevey found that 75.6% of Americans plan to celebrate E
VF Corp. Brightens Q1 Outlook on Stronger Sales
VF Corporation, parent company to the Eastpak, Jansport, and The North Face brands, has updated its first quarter guidance to reflect “stronger than expected sales of its products at retail in most of its businesses”. VFC now expects an 8% to 10% increase
Oakley Reiterates 2004 Sales and Earnings Guidance
Oakley, Inc. has reiterated its 2004 sales and earnings guidance provided earlier this year. The company expects full year sales growth of approximately 10%, to approximately $574.0 million, with earnings expected to grow approximately 15% to 64 cents per
Forzani Buys the Gen-X Close-Out Business; Sees Decline in YTD Comps
The Forzani Group Ltd. confirmed its fiscal 20003 results, previously released on March 2nd, 2004 and then dropped a bit of a bombshell, announcing that they had acquired all of the shares of the Gen-X Sports opportunity business. Huffy Corp. on Monday a
Vans Swings to Fiscal Q3 Profit; Raises 2004 Guidance
Vans, Inc. reported that net sales for its base business for the fiscal third quarter (excluding skateparks expected to be closed) increased 10.0% to $86.3 million, compared to $78.4 million for the third quarter of fiscal 2003. Net income for the base bu
Clif Bar CEO Wins Green Cross Millennium Award
Clif Bar Inc. Owner and CEO Gary Erickson is Global Green USA's recipient of the 2004 Green Cross Millennium Award for Corporate Environmental Leadership, recognizing his company's efforts to use renewable energy, eco-friendly packaging and orga
Bikes Belong Executive Director Retires
Richard Olken, Executive Director of the Bikes Belong Coalition for the past five years, officially announced his retirement from the organization. Olken will work closely with the Coalition to assure continuity in its current programs during the search f
Klaus Obermeyer to Present at the International Congress on Skiing and Science
This week researchers, doctors, scientists, and coaches from around the world will convene in Aspen for the 3rd International Congress on Skiing and Science. Klaus Obermeyer, who has made numerous developments that improve the comfort of skiers over the p
Columbia Partners With Chinese Authorities in Counterfeit Raids
Columbia Sportswear Company recently joined forces with Chinese authorities in three separate raids of factories producing counterfeit Columbia Sportswear apparel. As part of an aggressive campaign to stamp out counterfeiters and protect its unique brand
