Finish Line Airs Joint Nike Ad
The Finish Line announced the continuation of its marketing partnership with Nike as their latest cooperative television commercial breaks on national television this weekend. The commercial highlights that Finish Line carries the best selection of Nike S
JJB, Umbro Hit With Price Fixing Fines…
The U.K.’s Office of Fair Trading last week handed out over £18.6 million, or about $30 million, in fines to more than 10 businesses and the Manchester United club in the alleged price-fixing scheme for Umbro replica football (soccer) shirts. The OFT sai
Russell Ekes Out Q2 Sales Gain With Acquisition Help; Beats Street Earnings Call
Russell Corporation reported fiscal 2003-second quarter net sales of $267.9 million, a 6% increase over the comparable period last year. The Company also reported earnings per diluted share of $.20 versus a loss of ($.19) per diluted share in the 2002-se
Liquidmetal Q2 Loss Widens as Sales Triple
Liquidmetal(R) Technologies, Inc. reported revenues for the second quarter increased 199% to $6.4 million from revenues of $2.1 million for the second quarter of 2002. Due to restructuring efforts, the loss from continuing operations in the second quarte
Court Rules in Favor Of Nautilus
The Nautilus Group announced the United States District Court for the Western District of Washington ruled in favor of The Nautilus Group on a motion for preliminary injunction, and entered an order now barring ICON Health & Fitness, Inc. from using the m
K2, Inc. Adds Worth to Brand Stable
K2 announced that it has signed a letter of intent to acquire 100% of the stock of softball powerhouse Worth, Inc. The parties anticipate that the purchase price, which will not be disclosed, will be a combination of K2 common stock and cash, plus the as
Callaway To See More Than $1 Million in Big Easy Settlement
Callaway Golf Company announced that it has received an additional $800,000 in cash settlements from a group of defendants charged with selling “Big Easy” golf clubs, bringing total cash settlements in the case to over $1 million…
Finish Line Opens 500th Store
The Finish Line will open its 500th retail store at the Mall of America on Friday, August 1, 2003. To celebrate the grand opening, Finish Line will give away 500 pairs of shoes to the first 500 customers in line…
Nugent Tapped to Head Ex Officio Merchandising
Ex Officio carved out a new senior management position focusing on merchandising and design. Pat Nugent will head up the overall product and inventory strategy, including management of product development, agent relationships, manufacturing strategy, and
GloTech Sponsors Courier Championship
GloTech Industries announced that it will sponsor the North American Cycle Courier Championships in Washington DC on August 1-3, 2003.
The Walking Co. Starts Closing 29 Doors
Store closing sales have started at 29 Walking Company Stores. One store operating as Alan's Shoes in Tucson, Arizona is also closing. The United States Bankruptcy Court in California approved The Walking Company selection of Hilco Merchant Resourc
Russell Promotes Flowers to Human Resource SVP
The Board of Directors of Russell Corporation announced that Ed Flowers has been elected senior vice president of human resources. Flowers, who joined Russell earlier this month, will be responsible for the overall human resources function for the Corpor
Huffy Signs Japan Golf Licensee
Huffy Corporation has signed a licensing agreement with California-based CACOS Sports Equipment to design, manufacture, market and distribute Tommy Armour, Teardrop and Zebra branded golf clubs and accessories in Japan…
Wilson Promotes Shultz and Vietze to Regional Managers
Former Wilson Racquet Sports Territory Managers, Steve Schultz and Robert Vietze have been promoted to Regional Sales Managers in the West and Northeast, respectively. Jeff Adams remains the Southeast Regional Manager. The three will report to Charlie O
Nautilus Sees Q2 Net Income Plunges 82% on 28% Sales Slide
The Nautilus Group Announces announced second quarter net sales were $100.6 million compared to $140.4 million for the corresponding period last year. Net income during the period was $4.7 million, or $0.14 per diluted share, compared to $25.8 million, or
