Of Course We’ll Still Buy Shoes…
Consumers may cut back on spending on the traditional “big ticket” items this spring but fewer expect to cut into their Apparel and Footwear purchases…
Wilson Exec Nabbed for eBay Sales…
Even as eBay attempts to make inroads into the sporting goods market with its close alliance with SGMA International and The Super Show’s Financial Day program, it seems that the online auction “e-tailer” has also given rise to opportunists that sell stol
Former Golden Bear Execs Indicted…
The SEC continues to make moves on company executives that have allegedly misused corporate funds or reported false revenues or profits…
Callaway to Sell NHL Licensed Gear…
Callaway Golf Company has signed a deal to make and sell golf products bearing the logos of the National Hockey League and its teams. Callaway will use its Odyssey Golf label to market the licensed goods…
… As They Halt Japan Putter Knockoffs
Callaway Golf Company said last week that two Japan-based golf club sellers have agreed to immediately cease the sale of their “White Shot New Wave Twin Ball” putter…
Rawlings Investor Bolts as K2 Deal Gets Iffy…
Two interesting developments in the K2 / Rawlings acquisition deal last week. On Monday, K2 Chairman and CEO Richard Heckmann confirmed that Rawlings’ Major League Baseball contract is indeed the stumbling block in the acquisition talks between the two c
Timex Adds Hartford Group as West Coast Reps
Timex announced the appointment of the Hartford Sales Group to represent Timex in the Sports channel in the west coast territory of Arizona, California, Hawaii and Nevada. The Hartford Sales Group will be representing Timex, Reebok, & Timberland watches
Galyan’s 2002 Profits Quadruple on 24% Sales Gain
Galyan's Trading Company announced earnings per share on a fully diluted basis were $1.09 per share, on net earnings of $18.7 million for the fiscal year 2002, compared to $0.32 per share on a fully diluted basis, on net earnings of $4.6 million for
G-III 2002 Profits Plunge 84% as Sales Flatten
G-III Group, Ltd. reported net sales for the twelve-month period ended January 31, 2003 were $202.7 million compared to $201.4 million last year. The Company reported net income of $382,000, or $0.05 per diluted share, for the twelve months ended January
Elder-Beerman Reports 2002 Profit on Weaker Sales
The Elder-Beerman Stores Corp. reported income, before the cumulative effect of changes in accounting principles, of $0.9 million or $0.08 per diluted share for the fiscal year ended February 1, 2003 compared to a net loss of $0.9 million or $0.08 per dil
Vans Reports Fiscal Q3 Loss on Flat Sales; Carver and Nagel to Leave
Vans, Inc. announced net sales for the third quarter of fiscal 2003 ended March 1, 2003 were $82.1 million compared to $82.2 million in the third quarter of last year. The Company reported a net loss of $9.2 million, or $0.51 per diluted share for the qua
Huffy Corp. Signs License Deal to Extend Brand to Over 100 Countries
Huffy Corporation announced the signing of Taipei, Taiwan-based Test-Rite International, as Licensee covering over 100 countries in Europe, Asia and South America. Test-Rite is a Global organization specializing in Trading and Retailing with vertical inte
Nike U.S. Re-Alignment Hurts Sales and Earnings
NIKE, Inc. reported revenues for the third quarter ended February 28, 2003 increased 6% to $2.4 billion, versus $2.3 billion for the same period last year. Third quarter net income totaled $125 million, or $0.47 per diluted share, compared to $126 millio
Shoe Pavilion 2002 Net Income Plunges 90% on 4.9% Sales Dip
Shoe Pavilion, Inc. reported net income of $146,555, or $.02 per share, for the year ended December 28, 2002 compared to net income of $1.5 million or $.21 per share, for the year ended December 29, 2001. Net sales for the twelve months ended December 28
Goody’s Posts 2002 Profit on Flat Sales
Goody's Family Clothing, Inc. reported net earnings for the year ended February 1, 2003 were $7.6 million, or $0.23 per diluted share, compared with a net loss of $20.2 million, or $0.62 per share, for fiscal 2001. Total sales for fiscal 2002 were $
