Adidas has appointed Bernd Wahler as chief marketing officer Sport Performance and Hermann Deininger as chief marketing officer Sport Heritage/Sport Style. Both executives will report directly to Erich Stamminger, president and CEO of the adidas brand…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Everlast Posts Q4 Profit; Raises 2007 Guidance
Everlast Worldwide Inc. earned $1.1 million, or 28 cents a share, in its fourth quarter, against a loss of $433,000 a year ago. Excluding year-ago charges related to its move to license out its men’s apparel business, Q4 operating income from continuing o
The Walking Co. to Open Store in Brandon, FL
The Walking Co. plans to open a 1,456 square-foot store in Brandon, Florida, on March 1. The comfort shoe chain currently operates about 150 stores…
Iconix to Buy Danskin for $70M
Iconix Brand Group, owner of apparel brands including Candie's and Mossimo, has agreed to buy Danskin for $70 million. As part of the transaction, Carol Hochman, president and CEO of Danskin, and her team will continue as Iconix's licensee to gr
K-Swiss Anna Kournikova as Spokesperson
K-Swiss Inc. said Russian tennis beauty Anna Kournikova has become the brand's new spokesperson. Kournikova will appear in two television spots, the first beginning in March, illustrating the brand's performance product, as well as, its trendset
First Half Profits Drop in Pacific Brands’ Outdoor and Sport Division
Australia’s Pacific Brands Limited reported operating earnings dropped 14.4% in its Outdoor & Sport division in the six months ended December 31 as revenues dropped 5.3%. In its Footwear division, operating earnings climbed 7.5% on a 1.5% sales gain…
Golf Galaxy Promotes Busch to SVP of Merchandising
Golf Galaxy said Dana Busch, a nine-year Golf Galaxy employee, was promoted to SVP of merchandising. Justin Royer, also a nine-year Golf Galaxy employee, was promoted to vice president of marketing…
TJX Net Falls On Year-Ago Benefit
The TJX Cos. Inc. reported income from continuing operations for the fourth quarter was $243 million, or 51 cents a share. That compares with $288.7 million, or 59 cents, a year ago. Sales increased 9% to $5.1 billion, and comparable store sales increase
Skechers Q4 Profit Soars 149%
Skechers USA Inc. reported fourth quarter earnings vaulted 149% to $14.6 million, or 33 cents a share, from $5.9 million, or 14 cents, a year earlier. Sales increased 36.2% to $304.5 million as compared to $223.5 million in the fourth quarter of 2005…
G-III Apparel Slightly Cuts Sales Forecasts; Maintains EPS
G-III Apparel Group Ltd. slightly cut its sales forecasts for the year ended January 31, 2007, but maintained its projected earnings estimates. Overall results will come in substantially ahead of prior year results…
Cutters Gloves Partners with GreatCatch
Cutters Gloves, based in Phoenix, reached an agreement to partner with GreatCatch of Lafayette, Louisiana. Cutters will distribute the GreatCatch training device through its large network of retail outlets in the U.S., Canada, and abroad. Invented by Mark
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