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…
Author: James Hartford
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
NSGA: Internet Increases Share of Sports Equipment and Footwear Purchases
Purchases of sports equipment on the Internet continue
to grow, according to data in the National Sporting Goods Association consumer purchases study “The Sporting Goods Market in 2003.” For 2002, the Internet was the source of 4.6% of all sports equipmen
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…
Aldila to Sell Its Interest in Its Carbon Fiber Joint Venture
Aldila, Inc. has reached a tentative agreement, subject to conditions, and entered into a non-binding letter of intent with its joint venture partner, SGL Carbon Fibers and Composites, Inc., to sell its interest in Carbon Fiber Technology, LLC to SGL…
LiquidGolf to Acquire Golfwarehouse.com Parent
LiquidGolf Holding Corporation announced the execution of a Letter of Intent to acquire RG Golf, the parent company of Golfwarehouse.com…
GolfGear International Names Korean Distributor
Cloud Water Co., Ltd., Seoul, Korea, has been appointed exclusive distributor of GolfGear International, Inc. products in Korea, it was announced by Don Anderson, GolfGear founder and chief executive officer…
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
Holiday Resigns from GolfGear
Chris Holiday has resigned as senior vice president of sales and marketing at GolfGear International, Inc. to pursue other business interests…
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…
GBMI Adds VP’s for International and Product Strategy
Global Brand Marketing, Inc. has announced two promotions designed to deepen and strengthen GBMI's executive management team worldwide. Charles Dallain has been promoted to Vice President of International Sales, Europe, Middle East & Africa and Kris
Upland Sports Group to Distribute Somec Frames
Upland Sports Group has been selected as the U.S. distributor for Somec frames. Somec frames offer several different frames, materials, and options for the serious triathlete…
Cutter and Buck Fiscal Year Loss Widens as Sales Fall 18.2%
Cutter & Buck Inc. reported net sales for the fiscal fourth quarter ended April 30, 2003 fell 31.1% to $36.6 million versus $52.7 million in the year-ago period. The net loss for the quarter was flat at ($900,000) versus ($1.0 million)in Q4 2002. Net sa