Mina Promoted to CEO Foot Locker USA
Foot Locker, Inc. announced that Rick Mina has been promoted to a newly created position of President and CEO of Foot Locker, Inc., U.S.A. He will report to Matthew D. Serra, Foot Locker, Inc.'s President and CEO…
CLC Names Top Schools, Vendors
The Collegiate Licensing Company (CLC) announced the top-selling CLC member institutions and manufacturers for the fiscal year-to-date. The rankings represent royalties reported July 1, 2002, through December 31, 2002…
Cannondale Files Chapter 11, Sells All Assets
Cannondale Corporation has announced that it intends to file a voluntary petition for reorganization under Chapter 11 of the U.S. Bankruptcy Code on today, January 28th.
Cannondale and its lenders have reached an agreement in principle that will provide t
Sport Chalet Fiscal Q3 Net Income Jumps 18.2%
Sport Chalet, Inc. announced sales for the fiscal third quarter ended December 31, 2002 increased 7.2% to to $72.3 million. Comparable store sales increased 2.2%. Net income increased 18.2%…
Phoenix Footwear Appoints Callaway Vet as CFO
Phoenix Footwear Group, Inc. announced today the appointment of Ken Wolf as Chief Financial Officer, effective February 1, 2003…
Action Performance Fiscal Q1 Profits Slip 2.5%
Action Performance Companies, Inc. reported first quarter revenues for the first quarter ended December 31, 2002 increased to $85.8 million from $84.1 million in the same period last year. Net income slipped 2.5%…
Dick’s CEO Repays Company Loan Early
Reuters is reporting that Ed Stack, chairman & CEO of Dick's Sporting Goods, has already paid in full a $6.2 million company loan from May 2001. The loan had been due in 2011…
Tropical Takes Dive on Double Hit…
Shares at Tropical Sportswear, Inc. dropped almost 25% for the week after the company reported a wider-than-expected loss and Swiss Army Brands announced it would take its apparel license back from the struggling Tampa-based apparel manufacturer…
Reebok Lays Out Diverse Strategies…
Reebok wrapped up the Financial Day activities as company president and COO Jay Margolis discussed their “clear product vision”…
Hibbett Sees Benefit in Kmart Woes…
Presenting at the recent financial day prior The Super Show, the small market operator said it will have 370+ doors by the end of the year in 20 states. Projected 2002 volume is $280 million…
Tropical Takes Dive on Double Hit…
Shares at Tropical Sportswear, Inc. dropped almost 25% for the week after the company reported a wider-than-expected loss and Swiss Army Brands announced it would take its apparel license back from the struggling Tampa-based apparel manufacturer…
ASICS Sues Fred’s for Knock-offs…
ASICS filed suit Friday in the Federal District Court in the Western District of Tennessee against Fred's, Inc, a 350+ store discount retail chain in the Southeast, for trademark infringement, unfair competition, and trademark dilution…
Callaway Signs Footwear Licensing Agreement With Tour Golf Group
Tour Golf Group has signed an exclusive licensing deal to develop and sell Callaway Golf men's and women's footwear. The footwear collection will hit golf retail shops in the United States and Canada in March 2003…
Aussie Apparel Group Acquires Brands…
Aussie Apparel Group, Ltd. signed the closing documents last month to acquire the Hot Tuna, Xisle, Piranha Boy and Piranha Girl brands from Federation Group. The definitive agreement, signed on December 17, 2002, is valued at approximately $7.5 million…
Pride Manufacturing Acquires Softspikes, Inc.
Pride Manufacturing LLC announced the acquisition of Softspikes Inc. As part of the acquisition, Pride assumes ownership of Sport Holdings Inc., which includes Softspikes Inc., as well as Trisport Ltd. of England, the leading manufacturer of cleats and re
