Mossimo Q3 Earnings Plunge 60% on Flat Revenues
Mossimo, Inc. reported third quarter 2003 revenue of $4.2 million compared to $4.3 million for the same period last year. The Company also reported second quarter 2003 net earnings of $630,000, compared to $1.6 million for the same period last year, and d
adidas-Salomon Q3 Earnings Jump 14.5% as North America Backlog Plummets
adidas-Salomon saw third quarter net sales dip 0.8% to €1.85 billion ($2.1 bn) from €1.87 billion ($1.84 bn) in the year-ago quarter. However, currency-neutral sales for the Group grew 6% in the third quarter. Group gross margin increased 120 basis poin
Lotto Named Technical Sponsor Of WTA Tour
Following its strategic partnership with the Women's Tennis Association Tour, Lotto Sport Italia announces a significant agreement with Octagon/Anschutz Entertainment Group which recognizes the Italian company as Technical Sponsor of the WTA Tour Cha
Gildan Joins Fair Labor Association
Gildan Activewear is the first Canadian company and the
first manufacturer catering to the wholesale imprinted activewear industry to become a Participating Company of the Fair Labor Association…
Grabber Brings In New Account Executives
GRABBER Performance Group has added two new account executives to its sales force. A.J. Stanley joins GPG as Western Region Account Executive, while Ryan Johnson joins the team as Eastern Region Account Executive. Both will be responsible for inside sales
Parlee Launches Demo Fleet
Parlee Cycles has announced the immediate availability of their demo fleet of bicycles to authorized Parlee Dealers. The demo fleet is designed so that customers can test ride a Parlee frame before purchase…
Big 5 to Redeem Senior Notes
Big 5 Sporting Goods Corporation has announced that its wholly-owned subsidiary, Big 5 Corp., will redeem $35 million principal amount of its 10.875% senior notes due 2007, using funds available under a revolving credit facility. Big 5 estimates that the
66º NORTH Debuts In US Market
66º NORTH, a 77-year-old line of rugged outdoor apparel, will soon make its U.S. debut from Iceland. The company, which dates back to 1926, will mark its launch in the U.S. with a line that includes High Performance, Active Wear, Travel and Leisure, Baby
Sierra Designs Screams For PR
Sierra Designs and Ultimate Direction, technical leaders of innovative outdoor clothing, gear and hydration systems today announced that it has hired Scream Agency, LLC as
its agency-of-record…
American Eagle Settles on CEO
American Eagle Outfitters, Inc. has named Jim O'Donnell Chief Executive Officer, and Roger Markfield Vice-Chairman/President of the American Eagle Division. Previously, Messrs. O'Donnell and Markfield served as Co-CEOs, positions they held since
Stage Stores Completes the Acquisition of Peebles
Stage Stores Inc. has completed its previously announced acquisition of Peebles Inc., a privately held, similarly focused retail company headquartered in South Hill, Va. The total cost of the acquisition, including certain transaction related costs, net
Tiger Adds Two More NIke Clubs to Bag
Tiger Woods has quietly made a milestone switch to two more
golf clubs from Nike Golf as he prepares for one of the biggest challenges of the 2003 season, The TOUR Championship this week at the Champions Golf Club in
Houston, Texas. The addition of the 5
Bluetorch Taps Oaktree to Identify Acquisition Candidates
Bluetorch Inc. (formerly Aussie Apparel Group Ltd.)
has engaged OakTree Partners, an investment banking firm located in Newport Beach, California to identify and qualify acquisition candidates. Additionally, OakTree will provide access to private and in
Wolverine Completes Sebago Acquisition
Wolverine World Wide, Inc. has finalized the acquisition of the business and select net operating assets of Sebago, Inc. originally announced on July 24, 2003. Outdoor Division president Jacques Lavertue said WWW will be introducing Sebago product update
Clif Bar Inc. Receives EPA Green Power Leadership Award
Clif Bar Inc. has received a Green Power Leadership Award from the U.S. Environmental Protection Agency (EPA) for demonstrating superior environmental stewardship through its purchase of green power. The company purchased enough energy credits from renewa