adidas-Salomon AG has appointed Rob Langstaff as president of adidas America Inc., its subsidiary in North America, effective January 1, 2006. A U.S. citizen and 14-year adidas veteran, Rob Langstaff will be in charge of all adidas operations in the Nort
Author: James Hartford
Hartman Resigns Foot Locker CFO Post; McHugh Steps Up
Foot Locker, Inc. announced Monday that Robert W. McHugh has been named SVP and CFO. Mr. McHugh, presently the company's VP and chief accounting officer, succeeds Bruce L. Hartman who has resigned from Foot Locker, Inc. and has accepted a position at
Nike Appoints Kempa President of Exeter Brands Group
NIKE, Inc. has named Lisa Kempa as president of its Exeter Brands Group. Kempa previously was chief financial officer of Converse, also owned by Nike. She will continue reporting to Converse CEO Jack Boys, and will establish a close working relationship w
Under Armour Raises IPO Price Range Ahead of Thursday Debut
Under Armour’s road trip has apparently been as positive as most in the industry would have expected, encouraging the company to raise the estimated price range of its IPO to between $10 and $12 per share ahead of its expected debut on Thursday. The new
Royal Robbins Adds New Rocky Mountain Reps
Royal Robbins has appointed outdoor apparel sales veteran Scott Duer as its sales representative in Utah and Wyoming and seasoned sales pro Michael Stepanek as the new rep for the territory of Colorado and New Mexico. Duer has been a sales rep in the out
adidas Extends Notre Dame Deal Through 2014
The University of Notre Dame and adidas have entered into a new 10-year agreement in which adidas will continue to supply footwear and apparel for all 26 Irish varsity athletic teams. The new agreement began with the 2004-05 academic year and extends thr
Adams Golf Posts Q3 Loss on 7.0% Sales Decline
Adams Golf reported that total net sales for the three months ended September 30 decreased 7.0% to $10.2 million from $11.0 million for the comparable period of 2004.
The company posted a $404,000 operating loss for the 2005 quarter, compared to an oper
adidas Inks Three-Year Sponsorship Deal with UMASS
The University of Massachusetts Department of Athletics and adidas America have announced a three-year contract with 21 of UMass' 23 intercollegiate sports teams, through the 2008 fiscal year. adidas is the exclusive provider of all UMass uniforms, s
Sport-Haley in JV to Sell Top-Flite Apparel to Wal-Mart
Sport-Haley, Inc. and Explorer Gear USA, Inc., a California corporation have entered into a joint venture in order to manufacture and market Top-Flite branded apparel to Wal-Mart Stores, Inc. in the U.S. The joint venture is to be formed and operated as a
Under Armour IPO Should Net Company $73 Million…
Under Armour's IPO is expected to raise between $90 million and $114 million, according to an amended S-1 filed late last week. The company will offer 9.5 million shares of Class A common stock and certain shareholders are selling an additional 2.5
Timberland Acquires SmartWool in $82 Million Deal
The Timberland Company has signed a definitive agreement to acquire 100% of the outstanding stock of SmartWool Corporation, from RAF Industries, Inc. and the Stripes Group LLC. The purchase price is estimated to be approximately $82 million and will be f
Puma Continues to Roll on Strength of U.S. Business
Puma AG looked to the U.S. to continue the company’s winning ways in the third quarter even as Europe growth flattens out a bit. Third quarter consolidated sales grew 16.4%, better than expected, reaching €536 million ($655 mm). Currency fluctuations pla
Delta Apparel Gets Fiscal Q1 Boost from Junkfood
Delta Apparel, Inc. reported net sales rose 11.6% to $60.6 million for the fiscal first quarter ended October 1, compared to $54.3 million in the prior year's first quarter. The increase was driven by the inclusion of Junkfood Clothing, which was ac
Wal-Mart Gets Gasoline Boost in October; Comps Up 4.3%
Wal-Mart Stores, Inc. reported net sales for October were up 10.5$ to $23.3 billion, comapred to $21.0 billion in October last year. Comp store sales were up 4.3% for the period, with Wal-Mart stores comping up 3.9% and Sam's Club posting a 6.7% gai
Stein Mart October Comps Rise 2.4%
Stein Mart, Inc. reported that total sales for the month of Ocober rose 2.4% to $112.8 million from $110.1 million in the same month last year. Comp store sales for the month were up 1.4%. Third quarter sales were up 1.8% to $336.5 million, with comps i
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