Dick’s SG Appoints Schmidt as President
Joseph M. Schmidt, currently EVP of operations and COO, will assume the role of president and COO for Dick's Sporting Goods. The promotion will be effective Feb. 1, 2009, the beginning of the company's 2009 fiscal year. Edward W. Stack will reli
TaylorMade-adidas Appoints COO
TaylorMade-adidas Golf Company promoted Pete Sanchez to the position of COO. In his new role, Sanchez will oversee the company's engineering, supply chain, sourcing, procurement and all manufacturing operations. Sanchez joined TaylorMade-adidas Golf
Collective Brands Reaffirms Full Year Guidance
Collective Brands Inc. reaffirmed its comparable store sales for the fiscal year, while providing further details of the impact from its acquisition of Stride Rite. The company confirmed expectations for comps to be below its long term target of low-singl
Genesco Sees Slower Store Expansion, Opportunity for Better Lease Deals
In its first update of its five-year plan since 2006, Genesco Inc. disclosed that it expects store growth to slow down over the next few years but also expects robust bottom line growth. Overall, top-line growth is expected to rise 8% to 10% annually to
JJB Sports Cuts Pre-Tax Profit Forecast in Half
JJB Sports Plc warned on full-year profit after slumping to a first-half loss and axing its dividend. The U.K. sports retailer and health clubs group said it expects underlying pretax profit for the year ended Jan. 2009 to be about £15 million ($27.6 mill
JJB Sports Cuts Pre-Tax Profit Forecast in Half
JJB Sports Plc warned on full-year profit after slumping to a first-half loss and axing its dividend. The U.K. sports retailer and health clubs group said it expects underlying pretax profit for the year ended Jan. 2009 to be about £15 million ($27.6 mill
Bauer Hockey Acquires Mission-ITECH
It appears the hockey market has entered into a consolidation cycle once again. Just six short months after Bauer Hockey was acquired from Nike by Kohlberg & Company and Montreal businessman W. Graeme Roustan, Bauer has dropped the Nike moniker and instea
Golfsmith Appoints COO
Golfsmith International Holdings, Inc. appointed Sue E. Gove as its EVP and chief operating officer. Most recently, Gove was an independent consultant but had previously served in the same role for Zale Corp., the jeweler. She will initially oversee finan
Ahnu Signs on with Plus 3 Network
Ahnu Footwear will donate up to $10,000 to The Conservation Alliance as the charter outdoor industry sponsor of the Plus 3 Network, a free web-based community that challenges Americans to record and earn rewards for their exercise miles…
ISIS Hires VP of Product Development
Women's activewear brand ISIS recently hired Cindy Gibson as VP of product development. In this new position, Cindy will work closely with the senior management team and product design, merchandising and development staff to create the strategic dire
Hanesbrands Announces Board Changes
Hanesbrands Inc., the parent of Champion, announced membership changes to the company's board of directors, the establishment of a lead director position, and the completion of its planned spinoff leadership succession. Charles W. Coker, 75, will ret
Study: IBD Clients Are Mostly Male, Married and Monied
A study released at Interbike Wednesday shows independent bike dealers may want to add a little age to their staff.
The study by the direct marketing firm Catalyst Communications concludes that nearly 95% of IBD’s core customers are age 30 or older. They
Armstrong to Buy Stake in SRAM
Lance Armstrong is switching his allegiance from Shimano to SRAM in a big way, according to various media reports. Armstrong said last Wednesday that he would compete in the 2009 Tour de France with Kazakhstan-based Team Astana, which uses SRAM components
Vail Resorts Sets Records in ‘08, Sees Lower ‘09
A huge jump in real estate sales propelled Vail Resorts, Inc. to record revenue, EBITDA and net income in the year ended July 31. Epic late snow, a boom in foreign tourism and higher ticket prices also helped. But the nation's largest operator of s
OIA Study Highlights Winning Formula
Controlling costs separates the top financial performers in the outdoor sporting goods manufacturing business from median performers, according to a report released last week by the Outdoor Industry Association…
