Luxottica Under Investigation for Pricing…
Sunglass Hut and Ray-Ban parent Luxottica Group revealed in an SEC filing last week that the New York Attorney General's office is investigating its pricing and distribution practices…
adidas in Top 10 Web Searches in 2002
Want to know which products your consumers are looking for in your store? The company responsible for the popular “Ask Jeeves” Internet search engine this week revealed the top searches conducted on Ask Jeeves at Ask.com in 2002 and adidas was the only s
adidas Has Balls for Total Golf Strategy…
TaylorMade-adidas Golf exercised its option to purchase the Maxfli brand outright under terms of the licensing and distribution agreement it signed with Dunlop Slazenger Group LTD in December 2001…
adidas Gets Overshadowed by Puma on Home Turf in 2002
adidas-Salomon AG said this week that it had achieved its 2002 sales and profit goals, with sales rising 5% for the year and net profit growth coming in at the upper end of a 5% – 10% forecast range…
Britney Sues Skechers Over Skate Shoe Deal
Looks like Skechers’ foray into roller skates is coming back to haunt the fashion footwear company yet again. Seems Britney Spears has sued the company for more than $1.5 million, citing breach of agreement, claiming Skechers USA, Inc. used her to plug i
Kmart Continues Bleed, May Exit Sports…
Estimates of total additional store closings for the beleaguered discount retailer range from 300 on the low end to almost 600 on the high side. Kmart had 2,114 stores before it closed 283 stores last spring. The company well may be at least a third sma
Bike Bankruptcy Review Postponed…
The January 2nd hearing scheduled to review certain matters in the company’s Chapter 11 case was postponed until Thursday, January 9, 2003…
adidas Announces Uniform Partnership
Effective January '03, adidas has partnered with Betlin, Inc. as the official licensee responsible for the exclusive manufacturing and selling of custom and stock uniforms…
eBags.com Sees Holiday Sales Jump 101%
The online bag retailer announced its third straight positive cash flow quarter and its first ever GAAP profitable quarter (includes non-cash expenses such as depreciation and amortization)…
Shoe Pavilion Reports Q4 Comps Up 3.7%
Shoe Pavilion, Inc. announced comparable store net sales decreased 3.7% and 1.0%, respectively, for the fourth quarter and twelve months ended December 28, 2002 from the same periods last year…
West Marine December Comps Down 9.6%
West Marine, Inc. reported that December sales decreased 4% to $36.8 million versus the same period a year ago. Comparable store net sales decreased 9.6%…
Adams Golf Appoints New CFO
Adams Golf announced the addition of D. Keith Ford as Vice President, Chief Financial Officer effective December 30, 2002…
Reebok Scores a ‘Homer’ With New Ad
He's traveled to space, rock n' rolled with Mick and Keith, owned the Denver Broncos and played softball with Roger Clemens. But, in February 2003, Homer J. Simpson embarks on his greatest feat yet: being the latest talent featured in the new3
