NSGA: Bike Imports Fall in Q1, But Specialty Sales Up in May
Bicycle imports fell to 3.5 million units in the first quarter of 2003, 13% fewer than in the same quarter last year, according to U.S. Department of Commerce data.
Most categories showed significant declines. The only category that showed an increase wa
Aussie Adds More Stalls at the Barn…
Aussie Apparel Group continues to aggregate small alternative brands as it announced last week the addition of two more labels to its growing stable…
Worth Sues Amateur Softball Group for Rule Changes
Worth Inc. announces a lawsuit filed against the Amateur Softball Association on July 10th in Oklahoma City Federal Court based on an ASA announcement on June 30, 2003 that a new bat standard based upon a new high-speed test system is to become effective
Raider Takes 5% Stake in Perry Ellis…
When Perry Ellis International, the Florida-based apparel company that owns Jantzen and holds licenses for Nike swimwear and Ping apparel, purchased the Salant Corporation in June, it also got another famous name of dubious distinction when it closed the
Oh, For the Good Old Days…
Seems like the tennis stars of yore are fed up with the monotony of the “new school” of professional tennis…
Hasek To Open Stores in Detroit…
Dominic Hasek will be bringing more than his goalie mask when he returns to the Detroit Redwings after a one-year retirement that didn’t take…
Nautilus Trips Over Bowflex Declines…
The Nautilus Group saw shares fall another 12.1% this week to close at $10.64 on Friday after the company issued a warning on Wednesday that Q2 and full year sales and earnings would fall short of expectations…
Malden Mills is on track to emerge from chapter 11 bankruptcy
Malden Mills is on track to emerge from chapter 11 bankruptcy by late August of this year…
Line Skis LLC Has Been Jumping Through Hoops
Line Skis LLC Has Been Jumping Through Hoops attempting to get their bindings to retailers. According to Jason Levinthol, the company spokesperson, “All in all, it's simply taking a lot longer to set up and solidify all the manufacturing than expect
FINL Pulls Away in the Mall…
As reported here in SEW 0323, The Finish Line saw fiscal Q1 comp stores sales jump 14% on top of the 3% increase in the year-ago period. In a conference call with analysts following the first quarter financials release, it appears that the mid-teens tren
TSA Files Workforce Termination Plan…
The Sports Authority has filed papers twice in the last few weeks with the Florida state Agency for Workforce Innovation outlining their plans for workforce terminations at their Lauderdale Lakes facility. The filings indicate that close to 500 people wi
Footstar is Looking for a Bit of the Nike Magic
Footstar is Looking for a Bit of the Nike Magic that is driving much of the Finish Line growth to rub off on its Athletic Division after reporting that comparable store sales for the company’s second quarter ended June 28, 2003 declined 2.2%. The athleti
Galyan’s Saw Shares Fall 18%
Galyan’s Saw Shares Fall 18% for the Week to close at $11.49 on Friday after the retailer warned on Wednesday that second quarter earnings would suffer from comp store sales that are now seen in the –8% to –10% range. The street jumped on the news with n
Shoe Carnival Shares Were Off 5.8%
Shoe Carnival Shares Were Off 5.8% after the retailer warned that lower traffic in the stores would push sales lower than expected for the second quarter and warned that earnings are now expected to be in the range of 10 cents to 13 cents per diluted shar
Taylor Made-adidas Golf and Pixl Resolve Litigation
Taylor Made-adidas Golf Company and Pixl Golf Company have confirmed that the two organizations have been involved recently in litigation that “has been resolved to the mutual satisfaction of both parties”. Both Taylor Made-adidas and Pixl are prohibited
