The Stride Rite Corporation announced that James F. Orr III has been elected to its Board of Directors. Mr. Orr has served as Chairman of the Rockefeller Foundation since December 2000. From May 2000 to December 2001, he was President and Chief Executive
Author: James Hartford
Pacific Sunwear June Comps Up 13.4%; Company Raises Q2 Outlook
Pacific Sunwear of California Inc. reported that total sales for June 2003 were $89.6 million, an increase of 22.2% June of fiscal 2002. Company same-store sales increased 13.4% for the comparable five-week period ended July 5, 2003 with PacSun same store
American Capital Supporting Fenway’s Riddell Acquisition
American Capital Strategies Ltd. announced that it has invested $23 million in Riddell Sports Group Inc. American Capital's investment takes the form of senior subordinated debt and equity and supports the acquisition of Riddell by Fenway Partners In
Aussie Apparel To Acquire TSA Brand Inc.
Aussie Apparel Group Ltd. has signed a letter-of-intent with TSA Brand Inc. to acquire the Santa Ana, CA based company. Initial numbers provided by TSA to Aussie Apparel show sales of $1.5 million in 2002. Terms of the potential agreement were not disclo
Mossimo Appealing Cherokee Award in Target Case
Mossimo Inc. has apparently appealed the June 17 Arbitration Award and Judgment that was entered in Cherokee's favor by the Los Angeles Superior Court. The court reaffirmed the validity of the original finder's agreement between Cherokee Inc. a
Nordica Opens New Hampshire Headquarters
Nordica USA has opened the doors at its new corporate headquarters in West Lebanon, NH. The inauguation day event marked the storied brand’s return to New England after a six-year absence. On hand to celebrate the June 2nd opening were Mr. Giancarlo Zan
Saks Appoints Yiatchos SVP Marketing for Parisian
Saks Incorporated announced that Gary Yiatchos has been named Senior Vice President of Marketing for Parisian. Yiatchos replaces Bob Ferguson, who recently retired, and reports to George Jones, President and CEO of Saks Department Store Group…
VF Corp. Acquires Nautica in $585 Million Deal
VF Corporation has signed a definitive merger agreement to acquire Nautica Enterprises, Inc. VF will pay Nautica shareholders $17.00 per share in cash. VF will also pay approximately $14.6 million, net of tax, to cash out employee stock options, for a
Davis Named President of Enyce
Sport Brands International (SBI), the new parent company of Fila, Ciesse Piumini and Enyce, has named Evan Davis President of Enyce. Mr. Davis, 39, originally joined Enyce after serving as national sales manager and chief merchandiser for Mecca USA…
Delta Apparel Acquires M.J. Soffe Company
Delta Apparel, Inc. announced Monday that it has signed a definitive agreement to purchase all of the outstanding capital stock of M. J. Soffe Company, Inc. The transaction is valued at up to $72 million, consisting of $52 million of cash including retir
Investment Firm Acquires Riddell Sports Group
Fenway Partners, Inc., a private equity firm that invests in and builds branded goods companies, announced Monday that it has acquired controlling interest in Riddell Sports Group, Inc. A fund managed by Fenway purchased the business from Lincolnshire Ma
OR Show Partners with SGB for Show Daily
Outdoor Retailer is partnering with SGB’s Outdoor Business to be the official publisher of its Winter and Summer Market show handbooks and on site show dailies, effective with the 2004 markets. This new partnership re-establishes a strong and consistent
Warnaco Appoints New Board Member
The Warnaco Group, Inc. announced that it has elected Sheila A. Hopkins to its Board of Directors, effective July 7, 2003. Ms. Hopkins, 47, currently serves as Vice President and General Manager of U.S. Personal Care at Colgate-Palmolive Company…
SGMA to Host Baseball/Softball Industry Meeting
The 5th annual SGMA International Baseball/Softball Industry Meeting will be held October 2-4, 2003 at the Marriott DFW North Hotel in Irving, Texas. Sponsored by the SGMA Baseball/Softball Participation…
Billabong Appoints Cansler to Head Specialty Shop Relations
Billabong has appointed Royce Cansler to director of specialty retailer relations, a newly created position.
As a 35-year veteran of the surf industry, Cansler comes to this position with a solid knowledge in the specialty surf retail arena, and has been