Shares at Puma AG fell as much as 10% in early trading on Monday after major shareholder, Monarchy/Regency Enterprises, put its entire 39% holding up for sale. Puma said it has no plans to look for another majority shareholder to replace the entertainmen
Author: James Hartford
Former Reebok Exec Named Dollar General Chaiman
Discount retail chain Dollar General Corp. on Monday said it named Chief Executive David Perdue as chairman, as expected. The former Reebok Brand president joined the company on April 2 as CEO and a member of the board…
Oregon Archery Products Company Grows Quickly
BowTech says it makes the fastest bow on the market. And the company may be in line to claim another speed record — for the fastest-growing archery company in the nation. With sales almost doubling every year since its founding in late 1999, the maker
SGMA: Children’s Sports Interests Run The Gamut
Once again, sports, fitness initiatives and fun festivities are the dominant sports/recreational activities for America’s children. That’s the conclusion of SGMA International following its recent analysis of the Superstudy® of Sports Participation
NPD Study Reports Consumers to Spend More on Apparel and Footwear
According to a post-war consumer spending study, recently released by The NPD Group, Inc., many consumers are willing to spend more on apparel and footwear, despite disappointing retail sales. According to NPD, the apparel and footwear industries decreas
Adams Golf CFO Resigns
Adams Golf announced Friday that its Chief Financial Officer, D. Keith Ford has resigned from the Company to pursue other interests. Mr. Ford joined the Company in December 2002…
Moir Named Wilson Golf Global Business Director
Wilson Sporting Goods has announced that Angus Moir, Wilson’s Business Director, Golf Europe has been appointed as Global Business Director, Wilson Golf, effective immediately. Angus will be responsible for leading the worldwide Wilson Sporting Goods gol
Holst Named Eastern Regional For Wilson Golf and Racquet Sports
John Holst, formerly Territory Manager for Wilson Golf, has been promoted to the position of Eastern Regional Sales Manager, Wilson Golf & Racquet Sports. Holst will focus specifically on golf accounts. In his new position, he will direct a staff of 11
NRF: Retail Execs See Mixed Results in May
In the midst of a sluggish economy and challenging sales, retailers remain optimistic that there are brighter times on the horizon. According to the latest NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation (NRF) and the B
NRF: Retailers Say Bush Tax Cut Will Create Jobs
The National Retail Federation praised the tax cut bill signed into law Thursday by President Bush, saying the measure will boost the economy and create jobs.
“This tax-cut plan establishes a sound, three-pronged approach that will increase consumer sp
NPD Post-War Study Reports Lift in Consumer Purchase Intent
Results from a just-released consumer spending study by leading market information company The NPD Group, Inc. indicate a significant increase in consumer optimism as measured by discretionary spending intentions for May – July, 2003. Fielded to NPD’s on
G-III Narrows Fiscal Q1 Loss On 47% Sales Jump
G-III Apparel Group, Ltd. reported net sales of $18.7 million for the three-month period ended April 30, 2003 compared to net sales of $12.7 million in the year-ago quarter. The company posted a net loss of $2.6 million, or $0.38 per share, for Q1 compar
Precor Opens Japan Operations
Precor has expanded its operations into Japan, with new offices in Tokyo and Osaka. The offices are located within existing Amer Sports offices, where Precor division manager Koji Akiya and his team are working closely with Amer finance and operations re
Kellwood Q1 Sales and Earnings Jump on Acquisition Contribution
Kellwood Company reported sales for the first quarter increased $118 million, or 21%, to $689 million versus $571 million last year. The increase includes $98 million from the acquisition of Gerber Childrenswear in June 2002. Net earnings for the quarter
Footwear Specialties Int’l Taps Pugh For Regional Sales VP
Footwear Specialties, Int'l, parent company of Nautilus Safety Footwear, SkidBuster Shoes, and 3rd Watch Footwear, announced today that it has hired industry veteran George Pugh as its Regional V.P. of Sales – Midwest, which is a new position…