Nautilus to Miss Analysts’ Q4 Expectations
Nautilus Group Inc. warned it will miss analyst's Q4 consensus estimates and that 2003 earnings will be lower than 2002. The maker of health and fitness products said Monday…
SIA: Season Shaping Up to One of Best Ever
According to SIA, Sales through the end of November at specialty ski and snowboard shops were up 7.1% in dollars compared to the same time period last season…
Hartford Snags Top Rep Prize; Sporthill Signs On
Larry Hartford, principal of Laguna Niguel-based the hartford sales group, had a Merry Christmas this year. The thirty-year industry sales veteran was recently named the west coast recipient of the SGMA/SGAA/Sports Edge Magazine Sales Rep of the
U.S. Commerce Department to Honor SGMA for Export Efforts
The focus will be on exports when U.S. Commerce Department officials visit The Super Show®/20-03 to present SGMA International with the Department's Export Achievement Certificate…
Ultimate Direction Partners with New Canadian Licensee
Ultimate Direction, manufacturer of bottle and bladder hydration systems, announces a new licensee in Canada, Igloo Vikski…
New Era Names Chris Koch CEO, Augustine President
New Era Cap Company announced today that it has made several appointments at the company’s executive level. Christopher H. Koch, who held the title of President, has been named CEO while CFO/COO Pete Augustine was promoted to President…
Fitter International Appoints New Sales and Marketing Director
Fitter International, a leading distributor and manufacturer of balance and fitness products, is pleased to announce the appointment of Kelly Lorincz as the new Director of Sales and Marketing…
Columbia Gets Canadian Duty Penalty Relief…
Columbia and its Sorel unit have been paying additional duties up to 72% since September of last year. The levy was based on an initial Canadian Customs and Revenue Agency finding that nine Columbia footwear models and 37 Sorel footwear models imported f
Benetton Sells Nordica Back to Tecnica…
Benetton Group has agreed to sell its Nordica ski unit to Italian bootmaker Tecnica Group…
Vans May Not Meet Lender Covenants…
Vans Inc., citing losses that it posted in the second quarter, said it might be failing to comply with one or both of its covenants regarding EBITDA under a credit line for its third quarter ending March 1. The company said its lenders have consented to
Four Great Companies to Work For…
REI, WL Gore, Timberland and Nordstrom were once again named to Fortune magazine’s “100 Best Companies to Work For” list. Gore topped the list for the sports-related companies, checking in at #27, seven slots higher than last year’s #34 ranking. Gore, w
Wells Fargo Helps Re-Cap Copeland’s…
Wells Fargo Retail Finance, LLC announced that it has provided a $35 million credit facility for Copeland Enterprises, Inc., operators of Copeland's Sports. The credit facility contributed to the recapitilization of the Company by Bruckmann, Rosser,
Phoenix Takes a Run at Antigua…
Phoenix Footwear Group, Inc., formerly known as Daniel Green Company, has made an offer to purchase Antigua Enterprises, Inc. through a tax-free merger. The deal would see Phoenix acquiring all of Antigua's approximately 15,030,214 shares of outstan
Oakley Sees 2003 Earnings Below Street View…
Oakley shares were off 4.2% for the week after the company reaffirmed its guidance for fourth quarter and issued its initial expectations for 2003. The company sees Q4 earnings per diluted share of approximately $0.03 before a previously announced Europ
Finish Line Q3 Net Loss Widens as Comps Decrease
The Finish Line, Inc. announced net sales increased 4% to $147.9 million for the thirteen weeks ended November 30, 2002 compared to $142.3 million reported for the thirteen weeks last year ended December 1, 2001. Comparable store net sales decreased 1% fo
