Kappa parent, BasicNet, reported that combined sales of all brands increased 1.2% to €106 million ($136.4 mm) and direct revenues rose 5.5% to €41.7 million ($53.6 mm) for the first half ended June 30, 2005. Sizeable investments have been made in communic
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Louis-Dreyfus and Marchand’s Investment Firm Picks Up 70% of Le Coq
Airesis, an investment firm based in Montreux, Switzerland and traded on the Zurich Stock Exchange, has acquired 70% of Le Coq Sportif. Airesis is partly owned by Robert Louis-Dreyfus, former CEO of adidas, and by Yves Marchand, former Nike and Benetton e
CenterStone Tech Adds Dale of Norway to Client List
CenterStone Technologies, Inc., an internationally recognized developer of Web-based sales order management software for manufacturers of sporting goods, recreation products, apparel and footwear selling through specialty retailers, announced that Dale of
Kwik Goal Partners with SoccerTutor in Marketing Alliance
Kwik Goal Ltd. of Quakertown, PA and SoccerTutor of London, England have announced a multi-year marketing alliance agreement highlighted by the use of each company’s web site for cross-branding and promotional purposes…
Nike Taps Alpargatas for Shoe Manufacturing
Argentinian textile manufacturer, Alpargatas, was selected by Nike, Inc. to produce shoes at its plants in Catamarca and Tucumán. Details of the deal were not disclosed…
Fischer Hires SouthEast Sales Rep
Fischer has announced the appointment of Brett Birkmire as sales representative for the South Eastern US. Birkmire has worked for 7 years at Princeton Sports in Baltimore, MD. Most recently, he held the title of general manager, overseeing the daily opera
Extreme Shops Goes Offline With Ex Stores; Relaunches extremepie.com
Extreme Shops Ltd. is expanding from their online presence, extremepie.com into the world of brick and mortar with a chain of 30 shops planned for roll out across the UK. Extreme also announced the relaunch of their online presence on October 14th with a
NRF: Thank Goodness, No National Retail Sales Tax
The National Retail Federation welcomed the decision by the President’s Advisory Panel on Federal Tax Reform to reject proposals to replace the federal income tax system with a controversial National Retail Sales Tax. Chairman Connie Mack said that panel
All:Sports Cuts Jobs, Still Looking to Sell
After their appointment as joint administrators of Allsports Limited, partners of BDO Stoy Hayward commenced an ongoing review of the business of the company. The administrators announced redundancies at both the companies Head Office in Bredbury, Englan
Goody’s Receives Second Acquisition Proposal and Two Lawsuits
Goody's Family Clothing, Inc. announced that it has received a competing acquisition proposal from a third party with a bid of $8.50 per share, subject to due diligence, with the possibility of a higher price upon completion of due diligence. Goody&#
Superfeet Names New Product Manager
Superfeet announced the appointment of Ward Collins as the company's product manager. In this role, Collins will be responsible for the coordination and management of the complete life-cycle of all new and existing Superfeet products. In addition, he
Play-It-Again Parent Sees Q3 Income Slide 8.8%
Winmark Corporation reported net income for the third quarter ended September 24, 2005 of $926,100, or 14 cents per share diluted, down 8.8% compared to net income of $1,015,300, or 15 cents per share diluted, in the third quarter of 2004. Total revenues
DC Unveils First Snowboard Video
DC Shoes has released its first snowboarding video, The Mtn. Lab Video. The video's packaging includes a 120-page full color book with photos and stories gathered throughout the Lab's existence, since the DC Mtn. Lab, DC's private snowboard
SGMA: Athletic Footwear Running Strong in 2005
SGMA reported that, based on NPD Group data, a strong turnaround in the men’s category caused consumer spending for athletic footwear to rise 10% during the first half of 2005. Total spending for athletic footwear rose to $8.7 billion for the 2005 period,
adidas-Salomon Increases Credit Facility to €2 Billion
adidas-Salomon signed a €2 billion Revolving Credit Facility, which was syndicated as an increase of the group’s €800 million revolving credit facility established in February. The amended facility increases the group’s financial flexibility and improves