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…
Sears CEO Under Some Pressure to Show Results Soon
Sears, Roebuck and Co. Chief Executive Alan Lacy was riding high seven months ago. The company's credit card business was cruising along nicely, stores were being remodeled, and Sears' stock hit a four-year high of nearly $60 per share. But
Breach of Contract Suit against American Skiing Is Dismissed
Park City-based American Skiing Co. claimed victory Thursday after a judge rebuffed a New England consortium's lawsuit over its derailed $91.4 million bid to buy Colorado's Steamboat ski resort last year…
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)…
Adams Golf Appoints New CFO
Adams Golf announced the addition of D. Keith Ford as Vice President, Chief Financial Officer effective December 30, 2002…
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%…
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
