WaterMark Revamps Management Team

WaterMark announced that Andy Papademetriou has joined WaterMark's management team as vice president of product development. Joe Pulliam has been promoted to executive vice president of business development and will remain at the Easley, S.C. facilit

Grivel NA Bring In Mark Wilford As Midwest Rep

Grivel North America has hired Mark Wilford as the sales representative for the Midwest territory. As a climbing and outdoor industry veteran, Wilford has a proven sales record in the Midwest, with a territory encompassing 14 states outside of his native

Timberland Announces Stock Repurchase Authorization

The Timberland Company today announced that its Board of Directors has authorized the repurchase of up to an additional four million shares of the Company's Class A Common Stock. This additional program supplements the Company's current four mil

WL Ross Completes Burlington Acquisition

WL Ross & Co. has completed the purchase of Burlington Industries previously approved by U.S. Bankruptcy Judge Newsome, and the simultaneous sale of Lees Carpets to Mohawk Industries, Inc. CIT Business Credit, Inc. has provided the new company with an $85

TJX Q3 Sales Up 11% – Comps Up 3%

The TJX Companies announced sales and earnings results for the Q3 ended October 25, 2003. Net sales for the third quarter were $3.4 billion, an 11% increase over last year, with consolidated comparable store sales up 3%. Net income was $183 million and di

May Department Stores Q3 EPS Up on Decreased Sales

The May Department Stores results for the third quarter of fiscal 2003 earnings per share were 15 cents, compared with earnings per share of 5 cents in the similar period a year ago. Net earnings were $47 million, compared with net earnings of $16 millio

Schoeller Opens New Korean Office

Schoeller Switzerland is opening a new office in Korea at a ceremony on October 10 in the Grand Hyatt Hotel in Seoul. In an effort to increase the company’s support to the very important and fast growing Korean market, this new facility will serve as a ma

Amerex Brings in a Trio of New Faces

Amerex Group has appointed Adam Berkman, chief financial officer. Mr. Berkman joins Amerex Group from Accruent Inc., a contract management software company that he co-founded, that counts over 100 of the Fortune 1000 companies as clients. He will report

Canari Appoints New Reps

Canari Cycle Wear has appointed new sales representatives. Jeff Stewart is the new Canari rep for Texas, Oklahoma, Arkansas and Louisiana and Jim Rasmussen is the new Canari rep for Orange, San Bernadino, and San Diego counties in California…

adidas Admits to U.S. Missteps, Looks to Future…

As is any twelve-step process to recovery, it’s important first to admit that you have a problem. adidas-Salomon management believes they know what they need to do to fix the weakened U.S. adidas brand business, including a major branding campaign and a

LaCrosse Repositioning in Full Swing…

LaCrosse Footwear, Inc. continued its move to reposition the company away from higher volume/lower margin sales to a long-term strategy of delivering more innovative product to their retail channel, including the addition of more lifestyle product. Stron

Airwalk on the Auction Block…

In documents obtained by Sports Executive Weekly last week, it was revealed that Airwalk International, LLC has seen its banker — and largest secured creditor — take foreclosure action against the company in an effort to recoup its losses…