Kohl's Department Stores has announced that Chris Capuano is joining the company as EVP/GMMfor Home and Footwear. She will report directly to Kevin Mansell, Kohl's president. Prior to joining Kohl's, Capuano was senior vice president-Home
Author: James Hartford
Globe International Appoints Hill CEO
Globe International has appointed Matt Hill as chief executive officer of the company. Mike Sonand, Globe’s former chief executive officer, will be appointed as chief operating officer and will report to Hill. Matt is the younger brother of Globe founde
Ajay Sports to File Past 10-Q’s and K’s
Ajay Sports, Inc., which owns Pro Golf International, Inc., has announced plans to file all past due 10Qs and 10Ks required for years 2001, 2002, 2003 and YTD 2004. Management said they will focus on restructuring the company to improve the bottom line an
Warrior Lacrosse Expands Sales Organization
Warrior Lacrosse has expanded their national sales team with the recent hire of three sales associates, Jack Piatelli in New England, Chip Mayer in the Southeast, and Scott Hochstadt on the West Coast. Piatelli comes to Warrior from Brine Inc. where he s
EMU Australia Forms Europe Subsidiary
EMU Australia will be taking over pan-European operations under the newly formed EMU Ridge Europe Gmbh. EMU Ridge Europe Gmbh will be headquartered in Hamburg, Germany as a wholly owned subsidiary of EMU Ridge Australia PTY LTD Aussie Corp. to market and
Saucony Moves to Tie Up Senior Management
Saucony Inc. filed papers on Tuesday indicating the company has entered into retention agreements with several officers as incentives to work through any possible change in ownership of the company. The agreements cover Michael Umana, COO/EVP/CFO; Micha
NRF: August Saw Mixed Results at Retail
According to the National Retail Federation, August retail sales in the GAFS category, which includes most geneal merchandise sales, rose 2.0% over last year but dipped 0.4% over July. Sales at sporting goods, book, hobby, and music stores rose 1.4% adju
SIA and VERB Announce National Kid’s SnowSports Day
SnowSports Industries America (SIA) and VERB™, a national government funded kid’s marketing campaign, have created the first-ever VERB SnowSports Day on December 4, 2004. The event will take place in retail stores nationwide and will serve as a catalyst
HEAD Racquet Sports Provides Relief for Florida Retailers
In light of the devastation caused by Hurricanes Charley and Frances and the potential result of Hurricane Ivan, HEAD/Penn Racquet Sports has announced it will provide its Florida retailers with relief on credit terms and interest charges. No interest wi
Private Equity Firm Scoops Up Imperial Headwear
MCG Global, LLC, a middle market private equity firm based in Westport, CT, has acquired Imperial Headwear, Inc., a headwear manufacturer and marketer focused primarily on the golf market, from Arena Brands, Inc. MCG Global led the transaction and the in
Golf and Tennis Pro Shop to Re-Brand Martin’s as PGA TOUR Stores
Golf & Tennis Pro Shop, owner of two 65,000 square-foot Martin's Golf & Tennis Superstores, will rename them Martin's PGA TOUR Superstores in Myrtle Beach, SC, and then extend the brand as PGA TOUR Superstores at future locations, beginning next
EandY Sees Improved Growth for Holiday Season
The Ernst & Young LLP Americas Retail and Consumer Products Group anticipates that the 2004 retail holiday sales increase for November and December will be between 6% to 7% – compared to a 5.7% increase for the same period last year. The robust sales seen
Forzani Q2 Earnings Down a Third on Huffy Charge, Comp Sales Decline
The Forzani Group Ltd. reported net earnings for the fiscal sesond quarter ended August 1 were C$2.6 million, or 8 cents per diluted share, versus C$3.9 million, or 12 cents per diluted share, in the year-ago period. FGL took a four cents write-down of a
Riddell Acquires New Impact Monitoring Technology
Riddell Sports Group has acquired a new impact monitoring system called the Head Impact Telemetry System, or HIT System(TM), from Lebanon, NH, based Simbex LLC. The acquisition will enable Riddell to continue to be the technology leader in protective equi
Cutter and Buck Triples Fiscal Q1 Profits on 2.6% Sales Decline
Cutter & Buck, Inc. reported that net sales for the fiscal first quarter ended July 31 declined 2.6% to $31.9 million from $32.7 million in the year-ago period. Gross margin expanded 440 basis points to 49.4% from 45.0% in fiscal Q1 last year. Net incom
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