Clif Bar Continues its Strong Environmental Track Record
In another significant effort to reduce its ecological footprint on the planet, Clif Bar Inc. announced today that all of the cartons (caddies) that hold its energy and nutrition bars on store shelves will be made with 100 percent recycled paperboard, of
Rocky Appoints Board Member
Rocky Shoes & Boots, Inc. announced Harley E. Rouda, Jr., has been appointed to its Board of Directors. He is serving as a Class I Director and the term expires at the company's Annual Meeting of Shareholders in 2005.
Ashworth Fiscal Q3 Profits Up on 5% Revenue Increase
Ashworth Inc. announced consolidated net revenue for the third quarter ended July 31, 2003 increased 5.0% to $38.0 million as compared to $36.2 million for the third quarter of 2002. Consolidated third quarter net income was $2.1 million or $0.16 per dilu
Kellwood Q2 Net Income Jumps on 14% Sales Gain
Kellwood Company reported sales for the second quarter increased 14% to $527 million, versus $463 million last year due to the acquisition of Gerber Childrenswear on June 25, 2002, and the acquisition of Briggs on February 4, 2003. Net earnings for Q2 ju
Kmart Posts Fiscal Q2 Loss as Comps Slide 5.4%
Kmart Holding Corporation reported a net loss of $5 million, or ($0.06) per share, for the fiscal second quarter of 2003. Kmart Corporation reported a net loss of $293 million for the 13 weeks ended July 31, 2002. Net sales for the 13 weeks ended July 3
adidas Posts $135 million Bid for Top-Flite
The New York Post is reporting this morning that adidas-Salomon made a $135 million cash bid for Top-Flite Golf Company, topping the $125 million offer made by the appointed stalking horse, Callaway Golf Company.
The bids are part of the 363 asset sale
adidas Issues Bonds in Advance of Top-Flite Auction
A report early Wednesday has adidas-Salomon gearing up for the fight for the Top-Flite. Reuters is reporting that adidas-Salomon made its debut in the bond market on Wednesday, issuing 400 million euros ($434 million) worth of debt convertible to around
The North Face Taps Fluid as Interactive Agency
Fluid Inc., a San Francisco-based interactive design and development firm, announced that it has been selected as the interactive agency of record for The North Face, a subsidiary of VF Corporation. Fluid assumed operational responsibility for www.TheNort
Brooks Hires New Communications Manager and Promotes Four Top Sales Employees
Brooks Sports announced a sales team power play designed to lengthen a stellar sales run and reinforce the brand's strategic category drive. Four internal employees, who have recently raised sales figures to new heights, were promoted in unison. Broo
VF Completes Nautica Deal; Forms Sportswear Coalition
VF Corporation has completed the previously announced merger between Nautica Enterprises, Inc. and a subsidiary of VF for a total consideration of approximately $600 million. The merger was approved by Nautica's stockholders on Wednesday. VFC announ
Nike Makes Five Senior Promotions
NIKE, Inc. announced the appointment of five executives to key posts. Tom Arndorfer has been appointed as Vice President and Chief Financial Officer of Nike USA; Jim Carter as Vice President, General Counsel; Adam Helfant as Vice President of U.S. Sports
Collegiate Pacific Fiscal 2003 Income Up 56% on 25% Sales Gain
Collegiate Pacific reported revenues for its fiscal year 2003 rose 25% to $21 million while net income jumped 56% to $1.2 million, or 30 cents per diluted share. BOO is projecting that revenues for the 2004-2006 periods will be approximately $26 million,
SmartWool Pulls Base Layers For the Season
SmartWool announced that its Aero-Lite and Thermo-Wt. base layers will not ship to retailers for Winter 03/04. This includes base layer tops and bottoms for men and women and the beanie, balaclava, neck gaiter and headliner.
Preliminary quality and perf
West Marine August Comps Up 1.1%
West Marine, Inc. reported that net sales for the four weeks ended August 23, 2003 were $59.2 million, a 26.5% increase from net sales of $46.8 million for the same period a year ago. Comparable store sales increased 1.1% from the same period a year ago..
Athlete’s Foot Completes Securitization
The Athlete’s Foot has successfully completed an investment grade asset-backed securitization transaction with UCC Capital Corporation (UCC), an industry leader in corporate whole company securitization backed by intellectual property. The long-term fixed
