Pro Golf of America Appoints Special Projects VP
Pro Golf of America has appointed Jerry K. Jensen as Vice-President, Special Products of Pro Golf of America. In this new position, Mr. Jensen will be in charge of the launches of both the new MBNA Pro Golf MasterCard and Palm
Springs Country Club, manage
SGMA: Sneakers Prices Steady in 2003; Athletic Outperforms Total Footwear Business
Relentless pressure by consumers for lower-priced athletic footwear abated somewhat in 2003, according to research by The NPD Group. Total spending increased 4.2%, from $15.7 billion to $16.4 billion, while total pairs purchased rose 4.6%, with the averag
Shawn Neville Exits as Footstar Athletic Chief
Footstar, Inc. announced Friday that Shawn Neville, President and CEO of Footstar's Athletic segment is no longer with the Company. Mr. Neville's responsibilities have been assumed by a team of executives including Mark Lardie, SVP-GMM, Jodi Joh
Superfeet Partners with The Penguin
Superfeet recently partnered with John “The Penguin” Bingham, runner, author and inspiration for runners of all levels…
Stride Rite Fiscal Q1 Earnings Down 14.8% as Sales Decline 11% for Quarter
The Stride Rite Corporation reported sales for the first quarter of fiscal 2004 decreased 11% to $136.1 million from $152.3 million in the comparable period of fiscal 2003. Net income for the first quarter totaled $7.5 million or $.19 per diluted share, a
Broder Bros. 2003 Net Loss Widens on Restrucuring Charges
Broder Bros. Co. reported that net sales for the fiscal year 2003 were $487.8 million compared to $429.7 million for fiscal year 2002. The loss from operations for fiscal year 2003 was $6.0 million, compared to income from operations of $9.8 million in f
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
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
