Ski Trab will start distributing skis in the U.S. next season through Wasatch Ski Distribution LLC of Salt Lake City, Utah…
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Brown Shoe Appoints SVP-Corporate Real Estate
Brown Shoe Company, Inc. announced the appointment of David G. Krueger to SVP-corporate real estate. In his new role, Krueger will grow and manage Brown Shoe’s real estate portfolio of more than 1,300 retail locations throughout the United States, Canada,
Gramicci Has Back Office and Sales Team Reorganized
Sole Assets Holdings, LLC, a Buxbaum Group affiliate that currently owns the Gramicci brand, has restructured Gramicci’s back office and all of its operations under the guidance of Arnold Rubenstein, the company's operations manager. Notably, Rubenst
Wolverine Appoints Krueger as COO
Wolverine World Wide announced the naming of Blake W. Krueger as president and COO. Mr. Krueger has served as an executive vice president and officer of the company for 10 years with responsibilities for the human resources, retail, business development,
Paddlesports Retailers Show Optimism in Pre-Season…
After coming off of a strong season last year, paddlesports retailers seem to be stocking up for another year of heavy activity, which should translate into some healthy organic growth for the industry as a whole. Preliminary reports from most vendors are
Lafuma Sees Flat Profits on Oxbow Integration…
While Lafuma sales were up by 12.3% for the 2005 fiscal year to €202.0 million ($257.0 mm) compared €180.0 million ($219.1 mm), much of the growth stemmed from the fourth quarter acquisition of Oxbow, the French lifestyle surf company. Organic sales were
K2 Inc. Still Hitting on Most Cylinders as Company Focuses on the Fundamentals…
While KTO shares took a hit two weeks ago after the company issued a reduced outlook, the company rebounded a bit last week as fundamentals behind the company remain solid with expanding gross margins, flat SG&A expenses, and increases in the bottom line.
Oakley Sees Owned-Retail Take Bigger Chunk; Electronics Cause Holiday Excitement…
Oakley continued its string of strong results and saw owned-retail take a bigger portion of the business during the third quarter. Management had further cause for excitement as they welcomed the team’s newest member, Richard Shields, as company CFO just
Confluence Ramps up Production…
Confluence plans to significantly increase its workforce over the next four months by adding manufacturing and middle management positions. The company plans on adding between 200 and 400 employees at its Easley, S.C. facility over the next four months, p
GT Targets IBDs with New Focus…
GT Bicycles is transitioning to an IBD-only distribution strategy, beginning with its 2006 model year products. Earlier in 2005, Pacific Cycle and Performance Bicycle stores announced a partnership, enabling GT to bring a more concentrated emphasis to the
Amer Closes Salomon Deal…
Amer Sports completed its acquisition of the Salomon business late last week. The transaction value is expected to be approximately €485 million ($593 mm) based on year-end 2004 figures. According to the European Commission on competition, Salomon was re
Rocky Making Boots for Uncle Sam; Upgrades Outlook…
Rocky Shoes & Boots received a contract from the U.S. Military to produce “Hot Weather” boots for approximately $30 million. Shipment of the boots should start during Q4 with an estimated completion date of December 2006.
The company also reported that i
Unifi’s Income Dips; Board Looks at ‘Strategic Alternatives’
Unifi’s net sales for the company’s fiscal first quarter were $185.4 million up 3.2% compared to $179.6 million last year. The company experienced considerable difficulties with raw material supply due to Hurricane Katrina and Rita. As a result gross marg
Integration and FX Rates Slow Quiksilver 2006 Outlook…
Quiksilver reaffirmed its guidance for the fourth quarter and fiscal year 2005, but guidance for 2006 was lowered below the levels originally anticipated when the company first acquired Rossignol. The lowered guidance is mainly due to the acceleration of
VF Corp. Sees Flat Growth as Acquisitions Anniversary…
VF Corporation said that despite record third quarter sales, the results came in “somewhat softer” than expected for the period. Still, the company saw nearly all divisions post higher operating income with double-digit operating margins for the quarter.
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