Burlington Continues Progress in Emergence Process
Burlington Industries, Inc. reports that it is continuing its progress towards emerging from Chapter 11 reorganization this summer. The Court has extended the Company's period of exclusivity to solicit acceptances of its plan of reorganization throu
Brooks Sports Hires New PR Firm
The MWW Group announced its MWW/Savitt division has been hired by Brooks Sports Inc. MWW/Savitt will leverage its extensive public relations and brand building savvy to create greater consumer awareness and corporate visibility of Brooks Sports through ta
Callaway Could Exit Golf Ball Operation
Shares of Callaway Golf Co. got a bump Friday after an analyst speculated that the Carlsbad-based company will soon outsource its money-losing golf ball operation or shut the factory down completely…
Aussie Apparel Announces Three-For-One Stock Split
Aussie Apparel, Inc. announced that its board of directors approved a three-for-one stock split of the company's common stock. The forward split will be effective on Monday April 7th, 2003 to the holders of record of Aussie Apparel's common st
Rocky Shoes and Boots To Acquire Gates Gloves
Rocky Shoes & Boots, Inc. announced that it has entered into a letter of intent to purchase certain assets, including finished goods and raw materials inventory, the registered mark GATES and other trademarks and intellectual property, and customer orders
Oakley Settles Patent Lawsuit with NYX Golf Inc.
Oakley Inc. announced that it has settled a lawsuit for alleged infringement of its XYZ(R) Eyewear Patents, among other things. The parties entered into a confidential settlement agreement, the terms of which were not disclosed, except that the parties d
Gart / TSA Deal Survives Antitrust Deadline; Merger Moves Ahead
Gart Sports Company and The Sports Authority, Inc. announced Thursday that the 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvement Act of 1976 with respect to their previously announced plan to merge the two companies expired at midnig
Oakley, I-Tech Settle Infringement Action; Agree to License Deal
Oakley Inc. has settled its patent infringement lawsuit filed on Dec. 28, 2001 against I-Tech Sport Products Inc., for patent infringement and unfair competition alleging the infringement by ITECH of Oakley's U.S. Patent No. 5,815,848 — “Impact Resi
Federated Inks Private Label Deal with Tarrant
Federated Department Stores, Inc. and Tarrant Apparel Group have signed a multi-year exclusive distribution agreement to distribute American Rag CIE, a new casual sportswear collection for juniors and young men's…
Shoe Pavilion Q1 Comps Decrease 8.8%
Shoe Pavilion, Inc. announced net sales were $18.6 million for the first quarter ended March 29, 2003, compared to net sales of $21.4 million for the same period in 2002, a 13.2% decrease. Comparable store net sales decreased 8.8 % for the first quarter.
West Marine Sees March, Q1 Comps Down Over 10%
West Marine, Inc. reported that net sales for the five weeks ended March 29, 2003 were $55.5 million, a 17.1% increase from net sales of $47.4 million for the same period a year ago. Comparable store net sales for March decreased 10.3% from the same peri
Cherokee Fiscal ’03 Profits Rise 7.4% on 8.0% Sales Gain
Cherokee Inc. reported net revenues for the fourth quarter of fiscal 2003 rose 12.3% to $7.1 million, compared to revenues of $6.3 million in the fourth quarter of fiscal 2002. For the full year ended February 1, 2003, net revenues rose 8.0% to $33.1 mil
Ahead Adds Tempesta to Midwest Rep Slot
Ahead® has hired Tony Tempesta as sales executive for the Kansas and Missouri territory. Tempesta becomes the newest addition to an Ahead sales team whose growth has been prompted by continued expansion of its lines…
NRF Expects Drop in Growth for 2003 Due to War
Retail sales will increase this year at a slower pace than expected as consumers cut back on spending because of the war in Iraq. The National Retail Federation said Tuesday sales will grow 3.8% — a drop from the 5.6 percent the District trade group es
Nautica Signs Women’s Swimwear License Deal with Warnaco
Nautica Enterprises, Inc. announced that it has signed a multi year license agreement with The Warnaco Group, Inc. to manufacture, distribute and market the Company's existing Nautica Women's Collection Swimsuits, Collection Separates Swimsuits
