Industry Looks to Avoid Loss of ‘First Sale’ Rule…
The U.S. House and Senate have overwhelmingly approved language urging Customs and Border Patrol (CBP) not to revoke the “first sale” rule that has helped limit tariffs on billions of dollars in apparel, footwear and other sporting goods imports for 20 ye
Famous Footwear Workforce Largely Stays Behind…
About 60 of Famous Footwear's 270 employees in Madison, WI, have committed to relocating to St. Louis or otherwise taking jobs with the company, a Brown Shoe Co. spokeswomen told Sports Executive Weekly. For example, some have agreed to take jobs in
K2 Sports Shuffles Management…
Upward mobility is alive and well at K2, which has reached deep into its bench to fill slots in its sales organization. John O’Connor, formerly U.S. sales manager for K2 Snowboards, has been promoted to U.S. sales director for K2 Sports…
True Temper Sales Grow 21% on OEM, Hockey…
True Temper Sports, Inc. posted strong first quarter results as sales grew in the double-digits on new product launches both in its performance sports business and through its OEM supply agreements with golf manufacturers. The sales increase led the compa
Forefront Q1 Loss Widens…
Forefront Holdings saw net sales decline 20.6% to $8.1 million from $10.1 million for the year-ago first quarter. Sales decreased in all product segments except for OEM/Internet and NFL…
Bob’s Stores in the Red in Q1…
Bob's Stores, a division of TJX Cos., saw a first quarter decrease in comparable store sales lead to a divisional loss as cold, wet weather discouraged shopping. Net sales, slid 5.4% to $60.6 million from $64.0 million. Comps fell 3% after a 1% decre
Hockey Super Store Lands More Funding
Pro Hockey Life Sporting Goods Inc., a pioneer of the hockey superstore concept operating under the Sports Gilbert Rousseau and Pro Hockey Life banners in Canada, has completed a private financing round to fund the acquisition of Sports L.G.L. Inc. in Que
Crocs Names VP, Merchandising
Crocs, Inc. has added Adam Baker to fill the newly created position of VP, merchandising. Baker’s expertise in the apparel and footwear industry includes more than 15 years of experience with Nike and Under Armour. Most recently, Baker served as VP of pro
Profits at Nordstrom Slide 24.2%
Nordstrom Inc reported a lower quarterly net profit due to lower sales in what the company called a “challenging retail environment.” First-quarter net profit came to $119 million, or 54 cents a share, compared with $157 million, or 60 cents a share, a ye
Mossy Oak Apparel Changes Name to Russell Outdoors
Mossy Oak Apparel Company will change its name to Russell Outdoors, the subsidiary of Fruit of the Loom reported. Fruit of the Loom, Inc. acquired Russell Corporation and its Mossy Oak Apparel Company business in August 2006. The Mossy Oak brand will cont
Oboz Moves to Bozeman
Oboz has relocated to a new headquarters in Bozeman, Montana. The larger offices are located in downtown Bozeman, one block off the town’s historic Main Street. Oboz is now in a building that dates from 1909, and which was once used by Schnee’s as a cobb
Lotto Sport USA Launches First Integrated Marketing Campaign
Lotto Sport USA has launched its first integrated marketing campaign in the company’s history. The campaign will consist of print, television and web advertising along with in-store point of sales. The print ad campaign will break this month in core socc
Jibbitz Receives $56 Million in Infringement Case
Crocs, Inc. reported its wholly owned subsidiary, Jibbitz, LLC, prevailed in its Federal copyright and trademark infringement case against defendant Jinjiang Huakai Shoes and Garments Co. Ltd., Jinjiang Jiaxing Shoes and Garments Co. Ltd. and Yuanhui Chen
C4 Waterman Acquires Boardworks
C4 Waterman, based in Hawaii, has acquired Boardworks, a global surfboard distribution company located in Oceanside, California. The business will remain in Oceanside and will be operated by Bob Rief…
TM-aG Posts Solid Q1 Growth on New Products…
Revenues at TaylorMade-adidas Golf increased 17% on a currency-neutral basis for the period and increased about 21% when measured in U.S. dollars, reflecting strong contributions from the metalwoods, golf ball and footwear categories. Management called o
