DeSantis and Hearn Purchase Walden Kayaks
Jeffrey DeSantis and Bill Hearn recently purchased Walden Kayaks from Hardigg Industries. DeSantis and Hearn are devoted to the mission of Walden Kayaks: helping people discover the pleasures of kayaking while preserving the outdoors for future generatio
Solidarity Fund To Sell 2.5 Million Gildan Shares
Gildan Activewear confirmed that the Solidarity Fund QFL had informed the Company of its intention to sell, in an orderly manner, its entire equity position in Gildan, amounting to close to 2.5 million class A subordinate voting shares…
Payless Swings to Q3 Loss on 1.4% Comp Sales Decline
Payless ShoeSource, Inc. posted a loss of $2.2 million, or $0.03 per diluted share, for the third quarter of fiscal 2003, compared to net earnings of $29.6 million, or diluted earnings per share of $0.43, during the third quarter of fiscal 2002. Company
WaterMark Revamps Management Team
WaterMark announced that Andy Papademetriou has joined WaterMark's management team as vice president of product development. Joe Pulliam has been promoted to executive vice president of business development and will remain at the Easley, S.C. facilit
Schoeller Opens New Korean Office
Schoeller Switzerland is opening a new office in Korea at a ceremony on October 10 in the Grand Hyatt Hotel in Seoul. In an effort to increase the company’s support to the very important and fast growing Korean market, this new facility will serve as a ma
Amerex Brings in a Trio of New Faces
Amerex Group has appointed Adam Berkman, chief financial officer. Mr. Berkman joins Amerex Group from Accruent Inc., a contract management software company that he co-founded, that counts over 100 of the Fortune 1000 companies as clients. He will report
Gildan Moves into Russell’s Backyard with GA Plant Purchase
Gildan Activewear Inc. has formed a 50%/50% owned joint venture company with Frontier Spinning Mills, Inc., and that the new joint venture company had acquired all of the assets of an existing yarn-spinning facility located in Cedartown, Georgia…
Sports Supply Swings to Q3 Loss on Team Dealer Closures
Sport Supply Group, Inc. reported that net sales for the third quarter ended September 26, 2003 inched up 1.4% to $25.9 million from $25.5 million in the year-ago period. During the quarter, SSPY began closing certain of its team dealer operations — inc
Footstar Board: Robinson Terminated for Cause
It turns out that some message boards actually get it right sometimes as Footstar, Inc. announced that the Company's Board of Directors has determined that Mr. Mickey Robinson, the Company's former CEO, was terminated for cause. The Board'
True Temper Ride Steel Shafts to 53% Q3 Profit Gain
True Temper Sports, Inc. announced net sales for the third quarter increased 12.1% to $24.7 million from $22.0 million during the third quarter of 2002. Net income for the quarter increased to $2.3 million from $1.5 million in the third quarter of 2002…
Texas Pacific to Acquire Sneaker Outsole Supplier
Texas Pacific Group will acquire the KRATON Polymers Group of Companies from Ripplewood Holdings LLC and other i a deal valued at $770 million. KRATON is the world's largest producer of styrenic block copolymers, a family of products used in adhesiv
Footstar Delays Filing of Third Quarter Report
As expected, Footstar, Inc. on Monday informed the SEC that it will not file its Form 10-Q for the quarterly period ended September 27, 2003, by November 12, 2003 when it is otherwise due because its financial statements are not yet complete…
Antigua YTD Falls 39% on 3.3% Sales Decline
Antigua Enterprises Inc. reported that net sales for the nine months ended Sept. 30, 2003 declined 3.3% to $29.7 million compared to $30.7 million in 2002. Net income declined 38.7% to $674,228 compared to $1,098,992 in 2002…
Arc’Teryx Hosts Its Own Mini-Trade Show
ARC'TERYX introduced a new element in evolution this fall as the company hosted its first ever Evening of Innovation…
Outdoor Industry Association Ready to Go to Work with Governor Walker
Outdoor Industry Association has commended Governor Leavitt and the State of Utah for using its influence to protect the recreational and wilderness qualities of Utah's wild lands and for signing an executive order that creates an Outdoor Recreation
