Venator Group reported a fiscal third-quarter net
income of $7M, or $0.05 a diluted share, up from a loss of
$155M, or $1.14 a share, the previous year due to stronger
sales of its athletic clothes and shoes. Sales rose 5% to
$1.18B. The company's profit for the quarter ended October
30 was in line with analysts' estimates (WALL STREET
JOURNAL, 11/19)....Kaepa Founder Tom Adams has started San
Antonio-based In-Stride Inc., which "plans to tackle niche
shoe markets with specialty shoes for cheerleaders, double-
laced retro sneakers, and a new, patented athletic shoe"
(SAN ANTONIO EXPRESS-NEWS, 11/19)....Apparel maker Warnaco
Group reached a deal to acquire Authentic Fitness Corp. for
around $414M and the assumption of about $120M in debt,
slightly more than its original bid (WALL STREET JOURNAL,
11/17)....StairMaster will acquire Quinton Fitness, a
subsidiary of Quinton Instrument Company. Quinton's fitness
and medical treadmill support personnel will be incorporated
into WA-based StairMaster's organization (StairMaster).
