Luxottica Group Signs License for Versace Brands
Luxottica Group S.p.A. and Versace Group jointly announced the signing of a worldwide license agreement for the design, production and distribution of Versace, Versus and Versace Sport sunglasses and prescription frames…
Analysts Take Big 5 Down on Negative News
Shares of Big 5 Sporting Goods Corp. were down 5.6% Wednesday on news released a day earlier (Story) that the-largest-sporting-goods-retailer-on-the-west-coast cut its profit outlook for its fourth quarter
Royal Precision Cuts Second Quarter Losses
Royal Precision Inc. continues losing money, but the maker of golf club shafts and grips managed to cut its losses in the quarter ending Nov. 30 by almost two-thirds thanks to a 23% jump in sales…
Frisby Files For Bankruptcy Protection
Frisby Technologies, Inc. announced that it has filed a voluntary petition for Chapter 11 reorganization with the U.S. Bankruptcy Court for the Middle District of North Carolina…
Callaway Sets Record Straight on Bloomberg Report
Callaway Golf Company demanded and received a correction of an erroneous news report circulated by Bloomberg, the international financial news wire service…
Smith and Wesson Signs Japan Apparel License Deal
Smith & Wesson Holding Corporation announced its newest licensing agreement with Nissho Iwai General Merchandise Corporation of Japan for the design, manufacture and distribution of men's and women's apparel that will bear the Smith & Wesson nam
Speedo Parent Bankruptcy Reorg Plan Accepted
The Warnaco Group, Inc., parent of apparel brands Speedo and Authentic Fitness, announced that the U.S. Bankruptcy Court for the Southern District of New York confirmed its Plan of Reorganization on Thursday…
Tarrant Apparel Completes Acquisition Of Twill Mill Facility
Tarrant Apparel Group announced that on December 31, 2002, the Company completed its previously announced purchase of a twill mill facility from Trans Textil International, S.A. de C.V (“Trans Textil”) and Inmobiliaria Cuadros, S.A. de C.V. (“Cuadros”)…
Court Upholds Pixl Golf’s Position in TaylorMade Lawsuit
For the second time since September, a Federal Judge denied Adidas' subsidiary TaylorMade's attempt to dismiss Pixl Golf's claims against TaylorMade…
West Marine to Acquire BoatU.S. Retail and Wholesale Operations
West Marine, Inc. announced that the Company will acquire BoatU.S. retail stores, catalog sales and wholesale operations for $72 million in cash and the assumption of certain liabilities…
Shamrock to License Riddell Name for Lacrosse
Riddell, Inc. announced that the company has signed an agreement with Shamrock Lacrosse to license Shamrock the Riddell trademark for use on a new line of lacrosse equipment…
The Athlete’s Foot Expands in Canada
The Athlete's Foot Marketing Associates, Inc., a subsidiary of The Athlete's Foot Group, Inc. has signed an agreement with Wayne Metcalf for franchise rights to open The Athlete's Foot stores throughout Calgary, Alberta in Canada…
Footstar SVP/Finance Resigns
Footstar, Inc. announced that Thomas Baumlin, Senior Vice President of Finance, has decided to leave the Company effective January 31, 2003, following a reorganization of Footstar's finance organization…
SIA Reports Chain Store SnowSports Sales Up 4.2%
SnowSports Industries America said chain stores sales were up by 4.2% for August through November compared to the same period of 2001. In dollars, that translates to $132.9 million in sales so far this year compared to $127.6 million in 2001. The unit sal
Big 5 Backs Off Q4 Expectations
Big 5 Sporting Goods backed off earlier earning per share guidance and saw fourth quarter same-store sales soften. The largest-sports-retailer-on-the-west-coast now expects Q4 GAAP-calculated EPS in the to be $0.38 to $0.40 range versus the $0.42 to $0.4
