PUMA North America has signed Johnny Damon to a four year extension to their relationship. Damon, the former Red Sox centerfielder that recently signed on with the New York Yankees, will continue to represent the brand on the field wearing PUMA DFR cleat
Author: James Hartford
The Walking Company Acquires Steve’s Shoes Out of Bankruptcy
The Walking Company, a wholly owned subsidiary of Big Dog Holdings, Inc. has agreed to acquire substantially all the assets of Steve's Shoes, Inc. for approximately $4.2 million in a bankruptcy auction. Steve's Shoes operates 45 stores in 22 sta
Johnson Outdoors Fiscal Q1 Hurt by Loss of Military Sales
Johnson Outdoors Inc. saw net sales decline 3.2% to $72.6 million for the first quarter ended December 30, 2005 from $75.0 million for the prior year quarter. The net loss for the period widened a bit to $1.1 million, or a loss of 12 cents per diluted sh
GBMI Appoints Singer Nautica U.S. Sales Chief
Global Brand Marketing, Inc. has appointed Dan Singer to director of US sales for Nautica. In this new position, Mr. Singer will oversee the expansion of the Nautica brand into department stores, independents and marine retailers. He will also be charged
GBMI Appoints Luxury Brands Sales Director
Global Brand Marketing, Inc. has appointed Bettina Schmitt to director of US sales for GBMI’s Luxury brands, Dry-shoD and Dry shod Verde. Ms. Schmitt will be responsible for developing the luxury casual Dry- shoD brand and the new modern sport casual sub-
Timberland Rolls Out New Packaging Initiative
The Timberland Company has announced a footwear packaging initiative that reduces Timberland's environmental impact and provides consumers with new information to help guide them in the purchase process. As part of the initiative to debut this year,
adidas/Reebok Deal Clears European Regulators
The European Commission has unconditionally cleared adidas-Salomon AG's proposed acquisition of Reebok International Ltd. No other anti-trust approvals are required to complete the transaction. Reebok will hold a Special Meeting of Shareholders today
Callaway Narrows Q4 Loss; Posts Post Full Year Profit
Callaway Golf Company reported net sales of $998.1 million for the full year ended December 31, 2006, a 6.8% increase from $934.6 million in sales for the same period in 2004.
ELY swung to a profit for the year, posting net income of $13.3 million, or 19
Deckers CFO Scott Ash to Depart Company
Deckers Outdoor Corporation has announced that Scott Ash, Chief Financial Officer, will be leaving the company in early March 2006 in order to pursue other interests. The Company has commenced a search for Mr. Ash's successor. Mr. Ash intends to be i
Columbia to Lend Name to Nissan Vehicle in Europe
Columbia Sportswear Company and Nissan Europe SAS have entered into a joint branding effort aimed at building brand awareness throughout Europe. The two companies have joined forces to launch the Nissan X-TRAIL Columbia Edition. A series of events, marke
Reebok Gets 98% Affirmative Vote on adibok Deal
At a Special Meeting of Shareholders held Wednesday, Reebok’s shareholders approved Reebok International's previously announced merger agreement with adidas-Salomon AG. More than 98% of the votes cast were voted in favor of the transaction. adidas-
adidas Group Closes Billion Dollar Private Placement
The adidas Group yesterday closed a $1 billion US private placement transaction. The new transaction improves the Group’s financial flexibility and further extends its overall maturity profile. The proceeds of the transaction will be used to help finance
New Era Inks Patent Deal for Golf Headwear
New Era Cap Co., Inc. has entered into a relationship with Golf Design Inc. for the exclusive rights of use for the company's Magnahat patent. The deal allows New Era to imbed a magnet into the visor of its caps, to which a ball marker will be attach
Sportsman’s Guide to Exceed Full Year Estimates
The Sportsman's Guide, Inc. expects to report consolidated net sales of approximately $285 million and diluted earnings per share in the range of $1.37 to $1.38 for the year ended December 31, 2005. This would compare with total year 2004 results of
Payless to Open New Western Distribution Center
Payless ShoeSource plans to open a second product replenishment facility in the western United States. The additional facility will supply merchandise to the company's stores located west of the Rocky Mountains. The exact location of the additional f