Bakers Footwear Group, Inc. reported third quarter net sales decreased 13.5% to $40.3 million from $46.6 million for the same period last year. Comparable store sales for the third quarter of fiscal 2007 decreased 16.6%, compared to a decrease of 4.2% in
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Lafuma Fiscal 2007 Sales Increase 3.1% Despite Weather Woes
Lafuma reported that revenues for the fiscal year ended September 30, 2007 increased 3.1% to €250.5 million ($333.3 mm) from €243.0 million ($299.1 mm) the year before. Sales outside of France increased 8.1%. Net income decreased 31.8% to €3.0 million ($4
Iconix Closes on Starter Acquisition
Iconix Brand Group, Inc. has completed its acquisition of the Starter brand from Nike's Exeter Brands Group for a purchase price of $60 million in cash. Iconix is forecasting 2008 royalty revenue from Starter of approximately $18 million worldwide…
Worldwide Inc Names Men’s Footwear and Athletic Buyer
Worldwide Inc, a Seattle-based buying group for independent retailers, has appointed TJ Southwell as Men’s Footwear and Athletics Buyer succeeding Pat Dalton who has left the company to pursue other interests after 16 years…
Lafuma Fiscal 2007 Sales Down 3.1% on Weather Woes
Lafuma reported that revenues for the fiscal year ended September 30, 2007 net revenues increased 3.1% to €250.5 million ($333.3 mm) from €243.0 million ($299.1 mm) the year before. Sales outside of France increased 8.1%. Net income, however, decreased 31
DVS to Stop Using Infringing Louis Vitton-esque Pattern
Louis Vuitton Malletier SA and DVS Shoe Company, Inc, doing business as Podium Distribution, have resolved the matter between them regarding the alleged infringement of Louis Vuitton’s registered trademarks and copyrights for sandals, slip-on shoes, athle
Callaway and TaylorMade Settle Patent Suit with License Agreement
Callaway Golf Company and TaylorMade Golf Company have reached a settlement and patent license agreement. Under the terms of the agreement, each company will have specified rights to make products under patents owned by the other. Technologies at issue in
Stride Rite Names Caruse as SVP/CAO
The Stride Rite Corporation of Collective Brands, Inc. has promoted Frank Caruso to senior vice president and chief administrative officer reporting to Gregg Ribatt, who was named president and chief executive officer of Stride Rite yesterday…
VF Corp. Shakes Up Leadership Structure
VF Corp. will make several changes to its management structure as incoming President and CEO Eric Wiseman takes the helm on January 1st. George Derhofer, 54, SVP – Global Operations, has decided to retire at the end of the year. Mike Gannaway, who has bee
Prince Sports and Arthur Ashe Youth Tennis Teach Kids Retail
Participants from Arthur Ashe Youth Tennis and Education are starting their own retail business – the AAYTE Prince Pro Shop, a store that will sell tennis equipment, apparel and accessories, located at the Arthur Ashe Youth Tennis and Education Center. Th
Brine Sponsors Georgetown Men’s Lacrosse Team
Brine Corp has signed a five-year official equipment supplier agreement with the Georgetown University Men’s Lacrosse team. The Hoyas will take the field in the spring of 2008 using the latest Brine sticks, handles and protective equipment…
Puma Adds Corporate Sportlifestyle PR Manager
Kerstin Neuber (35) recently joined the Sportlifestyle company's Corporate Communications Team in Herzogenaurach as Corporate PR Manager. The former journalist worked for Reuters news agency in London and Frankfurt, covering stock markets and listed
Aetrex Adds Director of Sales for Shoe Retail Channel
Aetrex Worldwide reports that John Brewer has joined the company as director of sales for the Shoe Retail Channel. Brewer had previously been the General Manager for Neil M. Footwear where he was involved in many facets of the company including design, ma
Quiksilver Raises $65,000 in ‘Movember’
This past Movember (the month formerly known as November), Quiksilver CEO Bob McKnight, eight-time world champion Kelly Slater and 180 Quiksilver employees from the U.S.A., France and Australia offices put down their razors and grew out their “mo” (Austra
Collective Brands Names New Stride Rite CEO
The Stride Rite Corporation of Collective Brands, Inc. has hired Gregg Ribatt as the president and chief executive officer for The Stride Rite Corporation reporting to Matt Rubel, president and chief executive officer of Collective, to lead and direct the
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