In a letter issued this week to the market by Tony Hsieh, CEO of Zappos.com, the on-line retailer is driving toward its goal of achieving $600 million in sales in 2006, which would represent a 62% increase in revenues over the $370 million achieved in 200
Author: James Hartford
Nocona Athletic Plans to Rebuild After Fire
Nocona Athletic Goods Company has announced plans to rent 20,000 square feet from the former Nocona Boot Factory starting Monday. Full-time production in the temporary facility will begin shortly thereafter. A new facility will be built at 208 West Walnut
Puma Investment in Italy Team Pays Off Big Time
PUMA certainly got its money's worth in this year's World Cup. For the first time in the company history, a PUMA sponsored national team has won World Cup Final: The SQUADRA AZZURRI from Italy. The contract between PUMA and the Italian Football
Nike, Inc. Adds New Subsidiaries Chief
Nike, Inc. has announced that Lee Bird will join the company July 10 as President, Subsidiaries, reporting to CEO Mark Parker. In this role, Bird will lead new business development and long-term growth strategies for the company's Converse, Cole Haan
TaylorMade-adidas Golf Promotes Kawaja and Marting
TaylorMade-adidas Golf Company has elevated two key members of its executive staff, John Kawaja and Merle Marting. Kawaja, formerly president of adidas Golf, has been named executive vice president of TaylorMade-adidas Golf; Marting, formerly vice preside
Deckers Taps Van Dine Group for Consulting Project
Jim Van Dine, former president of Keen Footwear, and Van Dine and Partners has been contracted to collaborate with Deckers Outdoor Corp. management on a variety of projects, from strategic planning and brand development, to operational effectiveness.
Foot Locker Names Pepsi Finance Chief to Board
Foot Locker, Inc. has elected Matthew M. McKenna, Senior Vice President of Finance for PepsiCo, Inc., to the company's Board of Directors, effective immediately. He was elected at Foot Lokcer, Inc.'s Annual Shareholder Meeting on May 24, 2006..
Stride Rite Names Independent Director to Board
The Stride Rite Corporation has announced the appointment of Mark J. Cocozza to the Company's Board of Directors effective as of May 25, 2006 pursuant to an agreement with a group of investors led by Barington Capital Group, L.P. Mr. Cocozza current
The Finish Line Issues Sales and Earnings Warning
The Finish Line, Inc. has revised sales and earnings guidance for its first fiscal quarter and full year. FINL now expects to report consolidated net sales for Q1 in the range of $285 million to $290 million, compared to $291.3 million reported for the y
Reebok and adidas Make Global Marketing Appointments
Reebok has named Uli Becker as Head of Global Marketing for the Reebok Brand. In this newly structured role, Becker will oversee Global Product, Sports Marketing, Global Brand Marketing and Global Brand Public Relations for Reebok. With Becker's move
Golf Galaxy to Open Two New Stores in May
Golf Galaxy, Inc. plans to open two new stores in May, with one store planned for Westbury, N.Y., and one for Toledo, Ohio. The Westbury store brings to three the number of Golf Galaxy stores in the greater New York metropolitan area; and the Toledo stor
adidas Group Posts Strong Q1 Results on Double-Digit Organic Growth
adidas Group reported that currency-neutral sales grew 40% in the 2006 first quarter, primarily due to the first-time consolidation of Reebok. Excluding Reebok, sales increased 13% on a currency-neutral basis, with higher sales in all regions. In euro ter
G-III to Float Secondary Offering
G-III Apparel Group, Ltd. has filed paperss with the SEC for a proposed offering of 4,000,000 shares of its common stock. G-III will offer 3,000,000 shares and selling stockholders will offer 1,000,000 shares and will also grant the underwriters a 30-day
Sporting Goods Industry Converges on D.C. for National P.E. Day
In the last 10 years, physical education classes in America’s schools have been cut and childhood obesity rates have climbed. A delegation of physical education advocates from the sporting goods industry and other industries traveled to our nation’s capi
Speedo to Market AVP Volleyball Range
AVP Pro Beach Volleyball Tour, Inc., a wholly owned subsidiary of AVP, Inc. has inked a three-year licensing agreement with Speedo. As part of the new deal, which runs through 2009, Speedo will manufacture, market and distribute the new “AVP and AVP Pro
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