3M announced today that Inge Thulin, vice president, Europe and Middle East, has been appointed executive vice president, International Operations. Thulin succeeds Joseph Giordano, who has announced his retirement from 3M.Herman E. Nauwelaerts, division v
Author: SGB Media
It Was a Busy Week in Human Resources…
The sheer volume of personnel moves made in the industry the past few weeks – and a few that have been unreported until now – has pushed the usual back page Movers & Shakers footnote blurbs to front page news this week.
Both Retailers and Vendors look to
Footstar Reports Preliminary Findings; Mickey Robinson is Out
Footstar, Inc. reported the findings to date of its previously announced investigation into accounting discrepancies identified by Footstar management in November 2002. The Company also announced that Mickey Robinson, Chairman and CEO, has left the Compa
Quiksilver Looks to be the Next Billion Dollar Industry Company…
Quiksilver chairman and CEO Bob McKnight said they had “one of the best quarters we have ever had” when it reported results for its fiscal third quarter. The company said it expects to meet analyst expectations for the balance of the year and surpass the
The Planets Align for Cutter’s Fiscal Q1…
The street appears to like the job Cutter & Buck CEO Fran Conley is doing, rewarding the company with a 17.6% jumps in CBUK shares for the week to close at $8.00 on Friday. They also appeared to be placing a bet that she was going to stay on for awhile..
VF Imagewear in Exclusive NBA Deal…
On the heels of their recently-announced deal with Major League Baseball to be the exclusive supplier of non-authentic MLB fleece and T-shirts for the U.S. Mass Market, as well as Canada and Latin America, VF Imagewear officials revealed last week that th
Not So Fast with All That Excitement…
It appears that consumers aren’t nearly as upbeat about the economy as the strong August sales results may have indicated. The University of Michigan’s preliminary reading of the Consumer Sentiment Index for September dipped to 88.2, down from the final
The First Hint of Trouble in Apparel Paradise Starts to Show its Face…
The warning flags are starting to go up around the industry as early looks at third quarter results for the vendor side of the fence appear to show some strain from a combination of pricing pressure and lower unit sales in the commodity businesses…
As the Hardlines Guys See Issues of Their Own…
Royal Precision has entered into union negotiations for the layoff of 110 of their 230-person workforce. The company has been affected by the recent industry-wide golf slowdown, and is now re-committing their production forces to focus on the “high-perfor
As Amer Adds Weight(s) to Precor…
Precor is looking to grow, and they may look to acquisitions to do it. Since Amer Group bought the fitness company in 2002 they have been looking for an avenue to expand their offerings into the strength market, but the company has seen slower-than-expec
Rebel Sports Pleasing its New Parent…
Australia’s largest sporting goods retailer has completed an astounding year, making majority shareholder Harvey Norman Inc., a furniture and electronics retailer, very happy with its investment. The 2002 fiscal year was 15 months long for REB, bringing
Teva Dipping Toe in Apparel Again…
Deckers Outdoor Corporation, the new owner of the Teva brand, has signed a licensing agreement with Capital Mercury to produce men’s apparel under the Teva brand name. BHPC Global Licensing finalized the deal for Teva. Distribution for the apparel will
Pony Apparel to Hit the Street…
Meanwhile, down the coast a bit, Pony International will be re-launching an apparel collection starting with the Fall/Winter 2004 season. The line, which will feature both men's and women's contemporary athletic and lifestyle product, will be d
Brooks Does it the Old Fashioned Way…
In this era of old school shoes and jerseys it’s great to find a company that is both old school and successful. Brooks Sports, Inc. is on a big roll right now, after returning to that time honored tradition: focusing on the end consumer…
Ryka Sponsors Strong Women Summmit
RYKA, the only performance athletic footwear brand in the world dedicated solely to women, announced that it
is a co-sponsor of the Stonyfield Farm Strong Women Summit. The summit will celebrate, educate and motivate women about how positive thinking and