RIDDELL SPORTS REPORTS 3RDQ LOSS DUE TO LAWSUIT

     Riddell Sports Inc. reported yesterday that it incurred a
pre-tax charge of $4.6M in the 3rdQ ended September 30, as a
result of a previously announced jury verdict of $8M rendered
against the company in a product liability suit.  According to
Riddell, before the liability charge, the company had continued
to achieve what Riddell called significant operating improvements
during the quarter.  Riddell plans to appeal the product
liability verdict.  Riddell is the world's leading manufacturer
and reconditioner of football helmets and sells helmets and
shoulder pads and other protective equipment under the Riddell
and Maxpro brands.  The company also licenses the Riddell, Maxpro
and MacGregor trademarks for use on athletic footwear, leisure
apparel and equipment (Riddell Sports).