Fools Love The Sportsman Guide…
The Motley Fool, an Web-based investor site, is now calling The Sportsman's Guide a “lean, mean moneymaking machine” after the company posted its latest positive results for the second quarter ended June 30th, beating the street estimates by 2 cents
Nautilus Hopes Court Relief Helps…
The Nautilus Group may have just been thrown a much-needed life preserver as it continues its downward spiral amid higher ad costs and stiff competition. A U.S. District Court in Washington State last week ruled in favor of the maker of the Bowflex machi
Callaway to Net $1mm+ in “Big” Case…
Callaway has settled with another group of defendants in the “Big Easy” knock-off scam. The action came as the result of a court-ordered seizure of the suspected product from Newport Golf in Anaheim, CA in May 2002 that netted 28,000 knockoff club heads
Specialty Quick Hits
Schoeller Textiles has changed the name of its ComforTemp; Chip Coe added “President” to his Smartwool title; Dahon bicycles sold a record number of folding bicycles so far this year; Tender Corporation and Adventure Medical Kits have gone one step beyond
Gart and Sports Authority Complete Merger
Gart Sports Company and The Sports Authority, Inc. have completed their merger of equals. In separate meetings held this morning in Denver, CO and Fort Lauderdale, FL, shareholders of both companies approved the previously announced transaction. The marke
Close-Outs Dominate the Action at WSA…
We just knew what kind of show WSA was going to be when the first people we ran into in the aisle was an executive team from one of the country’s largest family footwear chains and they had their CFO with them — and he brought his calculator with him…
Puma Still Rocking Along in Q2…
While the Puma booth at WSA wasn’t as packed as past shows, the folks at the trend-setting brand had plenty to be pleased about as the company posted yet another stellar quarter in Q2. In currency-neutral terms, consolidated group sales increased to 56.
MLB Names New Partners in New Long-Term Exclusive Licensing Deals
Major League Baseball has inked new five-year licensing agreements for the global rights to produce official Major League Baseball adult apparel and headwear. The combined value of the agreements guarantees Major League Baseball and the Clubs more than $5
Fleet Feet Names Brooks Top Footwear Vendor
Brooks Sports Inc. has been chosen as the Fleet Feet Footwear Vendor of the Year for the second year in a row. Brooks was previously named Fleet Feet Apparel Vendor of the Year in 1999, 2000 and 2001…
Luxotica Ups the Down Under Pressure on OPSM
Luxottica Group announced its final offer to purchase OPSM Group. The offer price of A$3.90 per OPSM Group share is final and will not be increased. The closing date for the offer will be extended by one week and is now scheduled to expire at 7:00 p.m. (S
Jantzen Taps KraftWorks for Branding Campaign
KraftWorks has been named agency of record for Jantzen Inc., a wholly owned subsidiary of Perry Ellis International Inc. Jantzen has tapped the agency to create a branding campaign for the company that will reposition the label as the casual lifestyle br
Dyer to Resign from Sears Consumer Direct Post
Dave Dyer, the chief executive officer who led a recovery at Lands' End before its subsequent sale to Sears last year, told employees Wednesday he would leave his current post as head of Sears' customer direct division on Aug. 8 to pursue other
Finish Line Promotes Four Regionals to VP
The Finish Line announced that John Dickkut, Al Goizueta, Mark Kirby, and Mark Lallathin have been named Regional Vice Presidents…
Puma Q2 Earnings Jump 124% on 46% Sales Gain
Puma reported that second quarter consolidated sales increased 46.1% to €300.9 ($342.2) million. On a currency neutral basis, sales were up 56.8%. Apparel gained 63.4% and footwear grew 41.2% in the quarter. In the Americas, positive growth in the U.S.
JJB Sports Fights Price Fixing Fine
JJB Sports PLC notes the decision of the Office of Fair Trading in its examination into allegations of price-fixing regarding replica football kits.
JJB is very disappointed that the OFT have found it to be guilty of price-fixing; a charge which it belie