ThirtyTwo Adds Foxy and Casselberry to Team
ThirtyTwo added two of the industry vets to their team, hiring Mike Fox as Product Line Manager and Todd Casselberry as Product Merchandising Manager. As Product Line Manager for ThirtyTwo, Fox’s responsibilities include all aspects of line conception, de
Reebok Gets 98% Affirmative Vote on adibok Deal
At a Special Meeting of Shareholders held Wednesday, Reebok’s shareholders approved Reebok International's previously announced merger agreement with adidas-Salomon AG. More than 98% of the votes cast were voted in favor of the transaction. adidas-
adidas Group Closes Billion Dollar Private Placement
The adidas Group yesterday closed a $1 billion US private placement transaction. The new transaction improves the Group’s financial flexibility and further extends its overall maturity profile. The proceeds of the transaction will be used to help finance
Franklin Resource Group Apppoints Olson as VP
Franklin Resource Group has named Rick Olson a vice president of the company. Olson was most recently VP/GM of 180s. Rick brings more than 15 years of experience in sales and marketing to the FRG Team.
Necky Sponsors Ocean 8 Kayak Expeditions
Necky kayaks is sponsoring the Oceans 8 kayak expedition. A long-term project aimed at examining the state of the world’s oceans and the lives of the people who depend on them, the next leg of the Oceans 8 journey begins in Tasmania, Australia this Febru
Lacrosse Industry Gives Gravante Muhlfelder Award
During the 2006 US Lacrosse Convention opening ceremonies, the Lacrosse Industry Council presented the inaugural James Leo Muhlfelder award to Tom Gravante, head coach at Mount St. Mary's. Named after the former President of deBeer Lacrosse and the f
Nike Inc. CEO Resigns; Parker Gets Nod as Chief Exec
The Board of Directors of NIKE, Inc. have appointed Nike brand co-President Mark Parker as the company's new President and Chief Executive Officer following the resignation of William D. Perez. Parker also succeeds Perez on the company's Board
Cabela’s to Open New Location in Montreal
Cabela's Incorporated is working to bring a retail store to Montreal, Quebec, and the surrounding region. Although planning and discussions are in early stages, Cabela's expects to open the Montreal retail showroom as early as late fall 2007 or
Fleet Feet Looks to Break 100 Stores in Three Years; 2005 Comp Sales Jump 14%…
Fleet Feet, Inc. recorded 22% growth in overall sales in 2005, surpassing $52 million in revenue, compared to $43 million in 2004. Comparative stores sales in 2005 were up 14% on top of the 12% increase posted in 2004. Fourth quarter comps were up in the
Fitness Companies Get a Work-Out…
In back-to-back-to-back announcements, three of the industry’s leading fitness companies reported difficulties and setbacks that impacted earnings for the final months of 2005. Icon Health & Fitness, Cybex, and Nautilus all reported problems stemming from
CamelBak Gets a New CEO…
CamelBak Products has filled the corner office again, tapping J. Marty O’Donohue as CEO, O’Donohue, who is replacing Glenn Gross, after announced his retirement in 2005, holds both an undergraduate history/economics
degree and MBA from Stanford University
GBMI Appoints Singer as Director of US Sales for Nautica
Global Brand Marketing, Inc. appointed Dan Singer to Director of US Sales for Nautica. In this new position, Mr. Singer will oversee the expansion of the Nautica brand into department stores, independents and marine retailers. He will also be charged with
InSport included in $2 million U.S.Marine Contract
Congress' Fiscal Year 2006 Department of Defense Appropriations Act has passed and includes $2 million in funding for U.S. Marines base layer t-shirts designed and manufactured by InSport International, Inc. of Beaverton, Oregon….
Amstel Light Inks Deal with Stanwood and Partners
Amstel Light has hired Stanwood & Partners Public Relations, of Jackson Hole, Wyo., to promote the brand’s ski industry sponsorships and programs. “Beer and skiing are two of the fundamental principles of Stanwood & Partners,” said Carson Stanwood…
LaSportiva Italy Merges with U.S. Distributor
La Sportiva's North American distribution operations have become part of La Sportiva’s unified global distribution consortium. La Sportiva S.p.A., the Italian parent company and manufacturer, and La Sportiva N.A., Incorporated merged in a cooperative
