Shawn Penrod and Pitchfork Sales will now add Utah and Western Wyoming to the current Colorado and Eastern Wyoming territory. Shawn has been killing it in Colorado and Eastern Wyoming, and Ride is certain the dealers and areas out west will only benefit
Author: James Hartford
Palmer Moving Board Opps to Portland
Palmer Snowboards has moved to Portland, Oregon to work with Nemo Design. Palmer marketing director Bud Fawcett has moved operations to the states in order to get the branding up to the level of their industry leading technical products…
China Issues Stymie Line Skis Binding Deliveries
Line Skis, LLC, will not be delivering its alpine binding to its customers for the 03-04 season. The action was made necessary due to the withdrawal of Victor Plastics, Line's binding manufacturer, from its China operations and the onset of the SARS
Former SIA Chief Doc DesRoches Passes Away
Ralph A. “Doc” DesRoches, 86, died peacefully on June 30, 2003, at his home on Clearwater Lake in Industry, ME. Doc served as executive vice president and CEO of Ski Industries America (now SnowSports Industries America)from 1963-1981…
Chick’s SG Vet Joins the Hartford Sales Group
Kevin Alexander, a 19-year veteran of Chick’s Sporting Goods, has joined the hartford sales group as a Sales Rep for the Greater L.A. territory. In other news, Joshua Jay was awarded the hartford sales group’s MVP award at their recent Sales Meeting. L
FUBU Founders Capture Entrepreneur of Year Honors
FUBU Founders Daymond John, J. Alexander Martin, Keith Perrin and Carl Brown last week received the Ernst & Young New York Entrepreneur Of The Year Award in the apparel category. Executive Vice President, J. Alexander Martin excepted the award on behalf
Costco June Same-Store Sales Up 7.0%
Costco Wholesale Corporation reported net sales of $4.28 billion for the five weeks ended July 6, 2003, an increase of 11% from $3.85 bn in the same five-week period of the prior fiscal year. Comparable store sales rose 7.0% helped by a 12% international
Callaway to Acquire Top-Flite Out of Bankruptcy
The Top-Flite Golf Company and affiliated companies have reached an agreement for the sale of substantially all the company's golf-related assets to Callaway Golf Company. The proposed sale is pursuant to section 363 of Chapter 11 of the U.S. Bankru
The Finish Line Q1 Net Income Jumps 87% on 14% Comps
The Finish Line, Inc. reported that net sales for the first quarter ended May 31, 2003 increased 22% to $207.8 million compared to $170.6 million reported for the same period last year. Comparable store net sales increased 14% for Q1 on top of a 3% incre
adidas-Salomon Sees Continued North America Weakness
At a round-table discussion with journalists at ispo in Munich, Herbert Hainer, adidas-Salomon CEO, re-confirmed full year projections of 5% currency-neutral sales growth, a gross margin of 42-43% and earnings growth of between 10 and 15%. However, curre
Pacific Sunwear Appoints Outlet Head
Pacific Sunwear of California Inc. announced the appointment of Bill Rosenbaum to the newly created position of vice president/GMM Outlet. Rosenbaum was formerly PacSun's VP/GMM of Young Men's and has been with the company since April of 2000…
Goody’s Settles with Hilfiger in Trademark Suit
Goody's Family Clothing, Inc. has reached a settlement agreement with Tommy Hilfiger resolving all outstanding issues arising out of the previously disclosed action brought by Tommy Hilfiger against Goody's…
Kmart Files to Recover $49 Million From Vendor
Kmart Holding Corporation confirms that it has filed a complaint in U.S. Bankruptcy Court for the Northern District of Illinois against Handleman Company to recover the $49 million critical vendor payment Kmart paid to Handleman at the outset of Kmart
EB Acquisition Continues Fight for Elder-Beerman
EB Acquisition, Ltd. has responded to statements made by members of the Board of Directors of The Elder-Beerman Stores Corp. on June 26. Among other issues, these statements addressed the issues of break-up fees in the merger agreement and the process of
Johnson Outdoors to Replace Head of Diving Unit
Johnson Outdoors Inc. is conducting a worldwide search for a new head for the company's Global Diving business based in France, following the departure of Mr. Mamdouh Ashour from the company. The unit manufactures and markets diving equipment and in