The NRF Applauds Economy Focus from Dubya
The National Retail Federation welcomed President Bush's focus on the economy in Tuesday's State of the Union address, saying his proposals could significantly bolster the U.S. economy…
CLC Names Top Schools, Vendors
The Collegiate Licensing Company (CLC) announced the top-selling CLC member institutions and manufacturers for the fiscal year-to-date. The rankings represent royalties reported July 1, 2002, through December 31, 2002…
Cannondale Files Chapter 11, Sells All Assets
Cannondale Corporation has announced that it intends to file a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code on today, January 28th.
Cannondale and its lenders have reached an agreement in principle that will provide t
Sport Chalet Fiscal Q3 Net Income Jumps 18.2%
Sport Chalet, Inc. announced sales for the fiscal third quarter ended December 31, 2002 increased 7.2% to to $72.3 million. Comparable store sales increased 2.2%. Net income increased 18.2%…
Phoenix Footwear Appoints Callaway Vet as CFO
Phoenix Footwear Group, Inc. announced today the appointment of Ken Wolf as Chief Financial Officer, effective February 1, 2003…
Action Performance Fiscal Q1 Profits Slip 2.5%
Action Performance Companies, Inc. reported first quarter revenues for the first quarter ended December 31, 2002 increased to $85.8 million from $84.1 million in the same period last year. Net income slipped 2.5%…
Dick’s CEO Repays Company Loan Early
Reuters is reporting that Ed Stack, chairman & CEO of Dick's Sporting Goods, has already paid in full a $6.2 million company loan from May 2001. The loan had been due in 2011…
Aussie Apparel Group Acquires Skate/Surf Brands…
Aussie Apparel Group, Ltd. signed the closing documents last month to acquire the Hot Tuna, Xisle, Piranha Boy and Piranha Girl brands from Federation Group…
Pride Manufacturing Acquires Softspikes…
Pride Manufacturing LLC announced at the PGA Show the acquisition of Sport Holdings Inc., which includes Softspikes Inc. and Trisport Ltd of England…
Let the Shows Begin…
The Super Show Las Vegas experiment ended on Wednesday with a mild thud with many attendees – and some exhibitors – cutting their attendance to a day or two.
Aside from Under Armour on the apparel side, the primary beneficiaries
Callaway Signs Footwear Deal…
Tour Golf Group has signed an exclusive licensing deal to develop and sell Callaway Golf men's and women's footwear…
Asics Sues Discount Retailer for Knock-offs…
Asics filed suit Friday in the Federal District Court in the Western District of Tennessee against Fred's, Inc, a 350+ store discount retail chain in the Southeast. The suit claims trademark infringement, unfair competition, and trademark dilution..
Kmart Files Its Reorganization Plan, Brings in New Investors…
Kmart Corporation filed its plan to come out of bankruptcy in Chicago late Friday, and did so without the final approval of its creditors. The company stated that it’s optimistic that its statutory committees will formally endorse the Plan of Reorganizat
K2 Outlines Rawlings Deal; Russell, Huffy Also Made Play…
It appears that Russell and Huffy were involved in a quiet bidding war for Rawlings this last fall. In an SEC filing on January 17, 2003, K2 Inc., the eventual suitor that won the hand of the venerable sporting goods brand, outlined the process that enab
Tropical Takes Dive on Double Hit…
Shares at Tropical Sportswear, Inc. dropped almost 25% for the week after the company reported a wider-than-expected loss and Swiss Army Brands announced it would take its apparel license back from the struggling Tampa-based apparel manufacturer…
