Fortune Acushnet Division Sees 2002 Sales Up 6.5%
Fortune Brands, Inc. reported record results for the fourth quarter and full year 2002. FO deployed successful strategic initiatives, generating share gains for home and golf brands. The company's top-selling brands, including Moen, Titleist, Jim Bea
Appeals Courts Affirms Oakley Case Against LUX
The U.S. Court of Appeals order restrains and enjoins Luxottica Group, Sunglass Hut International, LensCrafters Inc. and Ray Ban Sun Optics Inc. from making, importing, selling or offering to sell any products in the United States with Emerald (green) or
Dick’s SG and Under Armour Snag KSA Industry Awards for Excellence
Kurt Salmon Associates' (KSA's) annual sporting goods industry awards will be awarded to Dick's Sporting Goods, Inc. and Under Armour Performance Apparel this year. The annuanl awards were presented at the SGMA Super Show this week in Las
GolfGear Hires Holiday to Run Sales and Marketing
Chris Holiday, previously senior vice president of U.S. sales for Callaway Golf, has joined GolfGear International as senior vice president of sales and marketing…
K2 Promotes Marcovitch to Run Division
K2 Inc. announced that Robert Marcovitch has been promoted to President of its Ski, Snowboard, Skate, and Bike Division. The division is based on Vashon Island, Washington…
Kmart Promotes Day to CEO
Kmart Corporation announced that President Julian C. Day has been named to the additional post of Chief Executive Officer, effective immediately…
Callaway Takes Hit After Filing Late 10-Q…
Shares at Callaway Golf dipped nearly 8.8% for the week after an erroneous Bloomberg News report put a damper on the company’s otherwise positive predictions that its sales and profits for 2002 might be better than forecast…
Nautilus Shares Fall on ’03 View…
Nautilus Group Inc. saw its share price drop 16.0% as the company warned that 2003 earnings will fall and revenue will be flat…
ShopKo Appoints New Chief Merchant; Three SVP’s Leave
ShopKo Stores, Inc. announced the reorganization of its ShopKo division's merchandising, marketing and replenishment areas. Kevin Easton has been promoted to corporate Executive Vice President and ShopKo division Chief Merchandising Officer…
Delta Apparel Q2 Net Income Up 70% on 23% Sales Increase
Delta Apparel, Inc. announces record sales for the quarter ended December 28, 2002 of $30.0 million, a 23.3% increase from the prior year second fiscal quarter. Net earnings for the quarter were $1.2 million…
Value City to Split Out Operating Units in New Structure
Value City Department Stores, Inc. announced that effective February 2, 2003, the company will begin to reorganize its corporate structure into a holding company with three retail operating entities and a service organization…
Parallel Universe? I think Not.
Recently, industry pundits attempted to draw a parallel between Levi Strauss and Nike, implying that Levi’s fall from grace may portend the same for the world's largest athletic brand. There was an article about NKE in last Sunday’s New York Times ma
Hartford Snags Top Rep Prize; Sporthill Signs On
Larry Hartford, principal of Laguna Niguel-based the hartford sales group, had a Merry Christmas this year. The thirty-year industry sales veteran was recently named the west coast recipient of the SGMA/SGAA/Sports Edge Magazine Sales Rep of the
Columbia Gets Canadian Duty Penalty Relief…
Columbia and its Sorel unit have been paying additional duties up to 72% since September of last year. The levy was based on an initial Canadian Customs and Revenue Agency finding that nine Columbia footwear models and 37 Sorel footwear models imported f
Vans May Not Meet Lender Covenants…
Vans Inc., citing losses that it posted in the second quarter, said it might be failing to comply with one or both of its covenants regarding EBITDA under a credit line for its third quarter ending March 1. The company said its lenders have consented to
