Callaway To See More Than $1 Million in Big Easy Settlement
Callaway Golf Company announced that it has received an additional $800,000 in cash settlements from a group of defendants charged with selling “Big Easy” golf clubs, bringing total cash settlements in the case to over $1 million…
Finish Line Opens 500th Store
The Finish Line will open its 500th retail store at the Mall of America on Friday, August 1, 2003. To celebrate the grand opening, Finish Line will give away 500 pairs of shoes to the first 500 customers in line…
Nugent Tapped to Head Ex Officio Merchandising
Ex Officio carved out a new senior management position focusing on merchandising and design. Pat Nugent will head up the overall product and inventory strategy, including management of product development, agent relationships, manufacturing strategy, and
GloTech Sponsors Courier Championship
GloTech Industries announced that it will sponsor the North American Cycle Courier Championships in Washington DC on August 1-3, 2003.
The Walking Co. Starts Closing 29 Doors
Store closing sales have started at 29 Walking Company Stores. One store operating as Alan's Shoes in Tucson, Arizona is also closing. The United States Bankruptcy Court in California approved The Walking Company selection of Hilco Merchant Resourc
Russell Promotes Flowers to Human Resource SVP
The Board of Directors of Russell Corporation announced that Ed Flowers has been elected senior vice president of human resources. Flowers, who joined Russell earlier this month, will be responsible for the overall human resources function for the Corpor
Huffy Signs Japan Golf Licensee
Huffy Corporation has signed a licensing agreement with California-based CACOS Sports Equipment to design, manufacture, market and distribute Tommy Armour, Teardrop and Zebra branded golf clubs and accessories in Japan…
Wilson Promotes Shultz and Vietze to Regional Managers
Former Wilson Racquet Sports Territory Managers, Steve Schultz and Robert Vietze have been promoted to Regional Sales Managers in the West and Northeast, respectively. Jeff Adams remains the Southeast Regional Manager. The three will report to Charlie O
Nautilus Sees Q2 Net Income Plunges 82% on 28% Sales Slide
The Nautilus Group Announces announced second quarter net sales were $100.6 million compared to $140.4 million for the corresponding period last year. Net income during the period was $4.7 million, or $0.14 per diluted share, compared to $25.8 million, or
LaCrosse Industral Sales Erase Nice Q2 Gains at Danner and LaCrosse
LaCrosse Footwear, Inc. reported consolidated net income for the second quarter was $0.004 million, or $0.00 per share, compared to a loss of $3.8 million, or $0.64 per share in the second quarter of the prior year. Total net sales decreased 6.9% to $18.
Aldila Q2 Net Loss Triples on 6.6% Sales Decline
Aldila, Inc. reported net sales of $9.9 million for the second quarter ended June 30, 2003, compared to net sales of $10.6 million in the second quarter of 2002. The company reported a net loss of $471,000 ($0.10 loss per share) for the second quarter of
West Marine July Comps Inch Up 1.0%
West Marine, Inc. reported that net sales for the four weeks ended July 26, 2003 were $76.1 million, a 28.5% increase from net sales of $59.2 million for the same period a year ago. Comparable store net sales for the four weeks ended July 26, 2003 increas
Be One Announces New German Strategy
After the separation from the German company Faggin, Dutch Accell Group Brand, Be One Bikes, will enter the German market direct…
K-Swiss Doubles Q2 Net Income on 50% Sales Gain; Futures Up Over 80%
K-Swiss Inc. saw net earnings for the second quarter of 2003 increase 108.0% to $12.6 million, or $0.67 per diluted share, compared with $6.0 million, or $0.30 per diluted share, in the prior-year period. Total worldwide revenues increased 49.4% to $111.
The Bon-Ton Proposes Elder-Beerman Merger
The Bon-Ton Stores, Inc. on Tuesday announced that it had submitted a proposal to the board of directors of The Elder-Beerman Stores Corp. that provides for a combination of the two companies in which all Elder-Beerman shareholders would receive $7.00 per
