Consumer Confidence Exceeds Expectations in June

Reuters is reporting that U.S. consumer confidence was broadly unchanged in June, contrary to expectations, as cautiousness over business conditions tempered optimism over rallying stocks, the Conference Board reported on Tuesday…

GBMI Gets Design Award for Diesel

Global Brand Marketing, Inc. received the “Best Women's Footwear Collection” award for the third annual Sportswear International Fashion Awards (SIFAS) for Fall/Winter 2003/2004. The winners were selected from a global pool of brands that “possess e

Timberland Appoints Board Director

The Timberland Company announced the appointment of Irene M. Esteves to the Company's board of directors, effective June 23, 2003. Ms. Esteves is Senior Managing Director and Chief Financial Officer for Putnam Investments in Boston, Massachusetts…

Brunswick Acquires Majority Stake in GPS Maker

Brunswick Corporation has acquired 70% of the stock of Navman NZ Limited, a New Zealand-based leader in global positioning systems (GPS)-based products and marine electronics, for total consideration of approximately $33 million. Brunswick said it has an

Fila Adds Peveto as SVP Global Footwear

Sport Brands International has named industry veteran Mikal Peveto as SVP Global Footwear for Fila. In his new role, Mr. Peveto will assume global responsibility for Fila footwear design, development and marketing and will oversee the company's effo

Margin Alert: Retail Inventories Climbing

Retailers faced soft traffic and deflating prices in Q1, now they have a new worry in the Q2: high inventory levels.
As reported in last week’s SPORTS EXECUTIVE WEEKLY, in their first-quarter earning releases, many retailers reported big jumps in

Asics Sues Target for Trademark Infringement

ASICS TIGER Corporation and ASICS Corporation Japan have filed suit in Federal District Court in the District of Minnesota against Target Corp. for trademark infringement, unfair competition, and trademark dilution…