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A sampling of today's headlines:

NexCen Brands Cash, Debt Level Didn’t Budge in Q1
The Athlete’s Foot parent, in the final stages of completing its annual report for 2008, says its cash on hand at Q1 ended Mar. 31 was approximately $8 million, the same as Q4 end on Dec. 31. Likewise, the company’s total outstanding debt remained at...

Hi-Tec Sales Rise Globally, Outside U.S. in FY08
The British footwear brand had a 17% rise in FY08 wholesale revenues outside the U.S. to $190 million from $162 million in FY07. Meanwhile, Hi-Tec’s U.S. sales dipped nearly 14% last year to $50 million from $58 million in FY07. The brand’s global ...

CPSC Recall: Snowmobiles
Polaris Industries, of Medina, MN, is recalling approximately 800 of its 2009 model year Assault model snowmobiles due to faulty bolts on the rear suspension that can break and cause the rail tip to become dislodged and interfere with the ...

Spenco Introduces a ‘Greener’ Replacement Insole
The Spenco “Earthbound” is made from 55% recycled and renewable materials. It’s designed for active consumers seeking firmer support, motion control and cushioning in a more environmentally sustainable footbed. The Waco, TX company says it’s best ...

Etcetera:
Foot Locker, Quiksilver, Dick’s, Adidas

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