Wolverine World Wide, Inc. said that adjusting for the negative impact of foreign exchange rates, revenue declined 6.9% in the third quarter to $296.8 million. Reported revenue declined 10.1% to $286.8 million. Excluding a restructuring charge, earnings w
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Nike Names VP of Central and Eastern Europe
Nike, Inc. announced that Michaela (Michi) Stitz has been named as vice president of Central and Eastern Europe (CEE). Stitz will be responsible for driving continued market leadership and growth for the CEE geography, replacing Marc van Pappelendam, who
Nexcen Logs Loss in Q109 and FY08
NexCen Brands, Inc., the parent of The Athlete's Foot, filed its 2008 Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the periods ending December 31, 2008 and March 31, 2009, respectively, with the Securities and Exchange Commission
Gish Tapped as Redington Marketing Manager
Far Bank Enterprises, Inc., parent company of Sage Manufacturing, Redington and RIO Products Intl., Inc., announced the addition of Jennifer Gish as marketing manager for the Redington brand of fly rods, reels and fishing gear, effective October 1, 2009..
Confluence Names Ott Key Account Executive
Confluence Watersports has named Adam Ott to the role of key account executive. In this newly created position, Adam will be focused on supporting the business needs of regional and national retail chain accounts…
La Sportiva Supports Boulder Climbing Series
La Sportiva N.A. will partner with the Boulder Rock Club for season 3 of the annual Boulder Climbing Series. The Boulder Climbing Series is a monthly series of friendly, low-key climbing competitions. Unlike most other events in Colorado, the BCS will be
Gregory Mountain Makes IT, Customer-Service Hires
Gregory Mountain Products hired two new department leaders, one to oversee information technology and the other to head up customer service…
Eddie Bauer to Launch First Ascent on October 12
Eddie Bauer will launch First Ascent in 183 of its stores across North America on October 12, 2009. First Ascent is Eddie Bauer's new line of expedition-quality mountaineering outerwear, apparel, and gear built by some of the foremost mountain guides
Adidas Redeems Debt
Adidas AG announces that the company is redeeming the €400 million convertible bond, issued in August 2003, effective November 23, 2009. The move will help reduce adidas' net debt and increase its equity, bringing the company closer to its decl
Cascade Designs Appoints New Distributor in Sweden
Cascade Designs, Inc., the manufacturer of outdoor equipment, has appointed a new distributor to represent its brands in Sweden. Thomas Breding and Henrik Bolander of Granitbiten will manage Cascade Designs’ Platypus, Therm-a-Rest, MSR and SealLine
Shoe Carnival to Open First Stores in Phoenix
Shoe Carnival will enter metro Phoenix market this weekend with store openings in Goodyear and Chandler, AZ on Saturday. The family footwear chain operates 314 stores in the Midwest, South and Southeast..
Anon Optics Moves to Vermont
Anon Optics, which is part of Burton Snowboards, announced that product, sales and marketing functions of the company will be moving from Irvine, CA, to Burlington, Vermont, where its parent company is located…
Adidas Inks Soccer Deal with Scotland
The Scottish Football Association signed a new kit deal with Adidas for the national team. The contract with Adidas replaces Diadora U.K…
Japan Gore-Tex Inc. Becomes Gore Subsidiary
W. L. Gore & Associates (Gore) said Japan Gore-Tex Inc. (JGI) has become a wholly owned subsidiary of Gore…
Puma to Launch Mobile Phones
PUMA and Sagem Wireless have signed a license agreement to launch a PUMA mobile phone in the second quarter of 2010 prior to the Football World Cup 2010. The license agreement is in line with PUMA’s strategy to move into new categories that compleme