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
ASA Changes Bat Standard; Worth Drops Lawsuit
Worth has announced that on September 26, 2003 a new ASA Bat Licensing Contract was executed which contained significant changes in the bat performance standard from the previously announced ASA standard on June 30, 2003. After two months of negotiations
Amer Sees FX Rate Downside and Tougher Golf Business, But Precor Helps…
Amer Group PLC would have seen declines across the board again this quarter had it not been for the inclusion of $48.2 million in Precor sales and $23.0 million, or €20.5 million, from a favorable U.S. patent litigation case involving Precor and Brunswick
U.S. Customs Looks For Container Help…
The U.S. Customs Service is asking importers to volunteer for a new program that is expected to boost national security and expedite Customs procedures. The program calls for shipping companies, manufacturing firms and importers to upgrade their locks and
ITF and Fossil announce Davis Cup sponsorship
The International Tennis Federation (ITF)announced Fossil is to become an International Sponsor and the Official Watch of Davis Cup. The ITF and Fossil have signed a multiyear agreement, starting with the Final of the 2003 Davis Cup by BNP Paribas between
VF Stops Illegal E.U. Eastpak Imports…
VF Corp has tracked down the source of some illegal EASTPAK backpacks coming into the E.U. It appears that MCCS Trading of Holland, has been distributing backpacks that originated in the U.S. to Dutch customers via their website…
New Age Sports And Nike Create Men’s Store
New Age Sports and Nike have formed a partnership to create a one-of-a-kind new shopping experience for men – New Age Sports Nike Men's Shop. The two will be opening the first store in North America devoted to men's Nike products.
LaCrosse Q3 EPS Up 148% on Improving Retail Channel Sales
LaCrosse Footwear, Inc. reported consolidated net income results for the third quarter increased to $2.1 million, or $0.36 per share, compared to consolidated net income of $0.9 million, or $0.15 per share in the year-ago period. Consolidated net sales
Puma Sticks to Roadmap for Brand Growth…
Puma looks to be a victim of its own success if the numbers posted in the latest quarterly report are any indication. After posting a 48% increase in sales and a 60% increase in futures backlog in the year-ago period, Puma’s meteoric growth rates settled
Perry Ellis International Acquires Redsand Trademarks
Perry Ellis International Inc. has acquired the Redsand trademarks, a deal that will expand Redsand's sourcing and marketing capacity while opening a new channel of distribution for Perry Ellis. Redsand is a premium
action sports brand based in San D
Internet Fuels the “Guide” in Q3…
The Sportsman's Guide reported third quarter sales and earnings that hit the upper end of their recently upgraded guidance, posting net income of $710,000, or 13 cents per diluted share, on sales of $41.2 million, or a 12.3% increase over the year-ag
Chick, Knight and Turner Elected to Hall of Fame
The Sporting Goods Industry Hall of Fame will open its
doors to James M. Chick, Chick's Sporting Goods; Phil Knight, NIKE, Inc.; and Jerome A. Turner, American Sporting Goods next year at induction ceremonies to be conducted at the 40th Annual NSGA M
Déjà vu All Over Again…
Footstar Inc. was expected – and required — to complete the restatement of its earnings by last Friday, but the company offered up only Tricks and gave out no Treats as they once again made an eleventh hour announcement that they would not report as expe
