Court Wants to Hear More in Airwalk Bankruptcy Case…
Airwalk’s banker and parent company came up short last week in their bid to have a stay lifted that has so far stymied the parent’s plan to buy the now-bankrupt shoe company out of foreclosure. Congress Financial Corporation, Airwalk International’s seni
Dan Cooke Steps Down as Chairman/CEO of Next, Inc.
Next, Inc. announced that Dan F. Cooke has decided to take a leave of absence from his position as Chairman and Chief Executive Officer for personal reasons. Mr. Cooke also has stepped down from the Board of Directors…
Gates and Gore Confirm New Partnership Deal
As first reported in The B.O.S.S. Report, GATES Gloves and Gear has announced their renewed partnership with W.L. Gore & Associates. GATES has recently been licensed to manufacture gloves featuring the GORE-TEX® and WINDSTOPPER® fabrics…
Retail Executive Survey Sees Positive Outlook Slip
Retailers experienced some moderation in traffic and sales in November according to the latest findings of the NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation and the Bank of Tokyo-Mitsubishi Ltd. The Retail Sector Per
Carnival Held Back by Boot Weakness…
Although Shoe Carnival didn’t meet analysts’ (or its own) expectations for comp store sales for the third quarter, the retailer controlled expenses and saw improvement in gross margin through better inventory management to deliver results in line with the
Spalding to Provide Arena Football League Balls
Spalding, a division of Russell Corporation, and the Arena Football League (AFL) announced an agreement that will make Spalding the exclusive provider of the AFL's official game ball, beginning with the 2004 season which kicks off in February. Finan
Sport Chalet Opens First NorCal Store
Sport Chalet, Inc. is celebrating the grand opening of its new 42,500 sq. ft. store, including an on-site pool, at the Slatten Ranch shopping center, in the city of Antioch, California. This is the company's 30th location and its first in Northern Ca
Tyler Hamilton Launches Charitable Foundation
Tyler Hamilton will launch a charitable foundation in January, 2004. The Tyler Hamilton Foundation's mission is to provide opportunity and access for individuals affected by multiple sclerosis and aspiring young athletes with a passion for cycling. T
Canari Covers Hawaii
Canari Cycle Wear is pleased to announce the appointment of Tom Kern as the company's sales rep for Hawaii…
Sporting Goods Push Total Online Sales Higher
Signs of an improving economy and increased consumer spending on nontraditional online product categories like apparel, home decor, and sporting goods have catapulted 2003 U.S. online sales. According to Forrester Research, Inc., U.S. online sales for 20
Clash of the Titans IX: The Return of Jordan…
The apparent softening of the tension between reluctant lovers Nike and Foot Locker has analysts swooning with excitement over the prospect that the industry will go back to the way it used to be. But some of the over-anxious press reports and love-struc
Nike Increases Quarterly Dividend 43%
The Board of Directors of NIKE, Inc. has declared a quarterly cash dividend of 20 cents per share on the Company's outstanding Class A and Class B Common Stock, which represnts a 43% increase over the previous quarterly rate of 14 cents per share…
Galyan’s Trading Outdoor for Athletic in New Retail Model as Q3 Loss Widens…
In a move that is a sharp departure from its long-held position that it is NOT a sporting goods store, in appears that Galyan’s Trading Company has finally come to the conclusion that they are what most people say they are – a big box sporting goods retai
SnowSports Industry Conference Launched
SnowSports Industries America (SIA), TransWorld Snowboarding and Mountain Sports Media are joining forces to produce The Snow Industry Summit, a high level business conference that will address global issues affecting all aspects of the snow sports indust
Dick’s Ups Guidance for the Year…
Dick's Sporting Goods beat Wall Street’s estimates for third quarter earnings and raised guidance for the full year. The analysts’ consensus estimate for DKS was 16 cents a share on revenue of $334.3 million…
