Apple’s Retail Chief to Head J. C. Penney
Ron Johnson, who joined Apple more than a decade ago to build the computer company’s retail stores, has been named J.C. Penney’s next chief executive, effective November 1…
SEW Goes One-on-One with VF Outdoor’s Steve Rendle
VF Corporation last week announced it would acquire The Timberland Company in a deal valued at approximately $2 billion (see BOSS_1124). VF will move Timberland into its VF Outdoor and Action Sports coalition, which already includes the Vans, The North F
Dick’s Sporting Goods Sees Academy Competition Less Formidable Outside Texas
Speaking at William Blair & Co.'s Growth Stock Conference last week, Dick's Sporting Goods Chairman and CEO Ed Stack said that Academy Sports may become a tougher competitor following its acquisition by KKR…
Lafuma Reports 1H Profit for First Time in Four Years
Lafuma Group reported a profit for the first half of its fiscal year for the first time since 2007 despite flat sales thanks to tighter inventory and profit improvements at its Great Outdoor (Lafuma) and Mountain (Millet-Eider) divisions…
OBIT: Cameron Anderson
Cameron Anderson, who helped develop the Foot Locker chain while an executive with the Kinney Shoe Corp., died on June 11 at the age of 85…
Report: Daily Deal Customers Rarely Become Regulars
A week after Groupon filed paperwork for its IPO, a Rice University professor said his latest research shows that while such daily deal sites are very successful at attracting new customers, those customers rarely buy more than the heavily discounted deal
Dick’s SG Board Member Resigns
David I. Fuente, former chairman and CEO of Office Depot, has resigned from the board of Dick's Sporting Goods, Inc., according to an SEC filing. Dick's SG said Fuente resigned to “pursue other interests.”…
Obermeyer Hires Veteran Merchandiser
Aspen-based Sport Obermeyer appointed Ryan Meyer as the brand’s newest merchandiser. In his new role, Meyer will serve as overall product category expert, helping to improve brand collections from starting concept through design, line development, s
Canadian Tire Extends Offer to Acquire Forzani
Canadian Tire has extended its offer period to acquire Forzani Group's outstanding shares while regulators take more time to study the deal…
FIFA to Donate $6M in Aid to Japanese Soccer
Soccer's world governing body FIFA has decided to donate about $6 million in aid to clubs and areas affected by the March 11 earthquake and tsunami…
Newton Running Hires Marketing Agency
Newton Running, based in Boulder, CO, signed an agreement to retain Breakaway, a Boston-based marketing firm on June 15. Breakaway is charged with developing a new marketing strategy, conducting a rebranding process and redesigning Newton Running's p
FDA Offers Stricter Regulations for Sunscreen
The U.S. Food and Drug Administration announced that sunscreen products meeting modern standards for effectiveness may be labeled with new information to help consumers find products that, when used with other sun protection measures, reduce the risk of s
AcuSport Taps Sales Manager
AcuSport Corporation, a distributor of shooting and hunting products, has announced a recent addition to their sales management team…
NSSF Responds to Bloomberg Microstamping Editorial
The National Shooting Sports Foundation has submitted the following Letter to the Editor (New York Daily News) refuting claims made by Mayor Bloomberg and New York Attorney General Schneiderman in a firearms microstamping editorial they penned earlier in
TandC Surf Raises $82K for Japan Relief Efforts
Through the sales of their “Malama Japan” T-shirts, T&C Surf Designs Hawaii raised $82,000 for the American Red Cross (ARC)– Japan Earthquake and Tsunami Relief Fund. That's a lot of T-shirts!…
