Smith Optics has hired Scott “Pod” Banuelosis as surf marketing and promotions manager. Effective immediately, Pod will be responsible for all surf team management and marketing operations in Smith Optics’ San Clemente, California, office. Most recently,
Author: James Hartford
GBMI Promotes Nakamura to VP Sales Asia Pacific
Global Brand Marketing, Inc., has promoted Tomo Nakamura tp Vice President of International Sales for Asia-Pacific. In this newly created position, Nakamura will be responsible for expanding all sales and development for all GBMI brands in the fast growin
Sporting Goods Hall of Fame Elects Five New Inductees
The Sporting Goods Industry Hall of Fame Committee has elected five new Hall of Famers. Roger Atkin, formerly of NFL Properties; James W. Cabela, Mary A. Cabela and Richard W. Cabela of outdoor retailer Cabela’s; and Konstantin (Conny) Klimenko of Sevylo
ASICS America Files Trademark Suit
ASICS America Corporation and ASICS Corporation Japan have filed suit in Federal District Court in the U.S. District Court, Central District of California against Wanted Shoes, Inc. (Edison, New Jersey) for trademark infringement, unfair competition, trad
SGMA Elects New Board; Tom Rogge is Chairman
SGMA International is pleased to announce the election of a new chairman and vice chairman. The new chairman of the Board of Directors is Tom Rogge, president of Cramer Products, and the new vice chairman is Steve Furniss, EVP of TYR Sport, Inc. The forme
PUMA Q3 Results Set Company Record for GM and EPS
PUMA’s third quarter showed another outstanding performance with growth in consolidated sales of 16.5% on a currency-neutral basis, or by 14.6% to €461 million ($564 mm) in Euro currency. Gross margin hit a new high in Q3, coming in at of 52.8% of sales.
Russell Corp. Q3 Net Up 45%; Organic Growth Up 3.7%
Russell Corporation reported fiscal 2004 third quarter sales of $422.7 million, an increase of 8.9% over the same period a year ago. RML also reported a 45% increase in earnings to $26.9 million, or 82 cents per diluted share, versus $18.5 million, or 56
K-Swiss Q3 Net Earnings Up 37% on 12% Sales Gain; U.S. Futures Fall 10%
K-Swiss Inc. reported net earnings increased 36.9% to $20.7 million, or 57 cents per diluted share, compared with $15.1 million, or 40 cents per diluted share, in the prior-year period. Total worldwide revenues increased 12.0% to $135.8 million compared
Zappos.com Closes on New Equity Round and Revolver
Zappos.com, Inc. closed on a $20 million round of equity funding from Sequoia Capital and also announced an increase of their revolving line of credit with Wells Fargo Business Credit to $40 million. The funds will be used to support the company's ra
Genesco Renews Dockers License with Levi Strauss
Genesco Inc. has reached an agreement with Levi Strauss & Co. of San Francisco to renew its Dockers brand men's footwear license through December 31, 2006, with an option for an additional two-year term expiring December 31, 2008, subject to certain
KSA Names Black Managing Director, N.A.
The Board of Directors of Kurt Salmon Associates, and CEO Bill Pace announce the appointment of Jerry T. Black to the position of Managing Director, Consumer Products Division, North America. Mr. Black has held a series of senior positions at KSA. He cur
Arena Makes North America Leadership Change
Arena International announced that Bill Bettencourt, President of Arena North America since 1999, will depart and is replaced by Craig Bauman, who was named as the new General Manager. Craig comes to Arena after serving as Director of Intersport North Am
Thule AB Acquired by U.K. Buyout Firm
Thule AB will be acquired by Candover Investments, a U.K. buyout firm, from current owner EQT Partners AB, a Stockholm- based buyout firm backed by the billionaire Wallenberg family. Thule AB was acquired by EQT Scandinavia II in 1999. The deal is repor
Skechers Swings to Q3 Profit on 16% Sales Increase
Skechers USA, Inc. reported that net sales for the third quarter of 2004 rose 16.2% to $257.7 million compared to $221.8 million in the third quarter of 2003. Net earnings for the quarter were $6.0 million, or 15 cents per diluted share, versus a net loss
Nautilus Group to Consolidate Marketing Activities with Interpublic
The Nautilus Group has appointed a number of Interpublic Group companies, led by Foote Cone & Belding (FCB), to manage a consolidated worldwide advertising and marketing program beginning the fourth quarter of 2004. The agency assignment will be led by t