The Saucony Shoe Inc, based in Peabody, MA, has retained a private investment bank to help it consider its options, including the possible sale o fthe company. Saucony, which produces athletic footwear, reported a 36 percent rise in profits to $3.0 million in the three-month period ending July 2 2004, compared with $2.2 million for the same period last year. Revenue for the company is said to have jumped 27.8 percent to $44.1 million in the quarter, uo from $34.5 million for the same period last year. Saucony stated that it has not decided to sell the company, but has hired the investment bank to help it define its options.

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