GBMI Hires McDermut as CFO

Global Brand Marketing, Inc. appointed Martin McDermut to Senior Vice President and Chief Financial Officer. In this position, Mr. McDermut will be responsible for all aspects of corporate accounting and financial management, budgeting and forecasting…

adidas Honored as Cannes 2006 Advertiser of the Year

The Organizers of the 53rd Cannes Lions International Advertising Festival have announced that adidas will be awarded the prestigious Advertiser of the Year award, which will be presented to Erich Stamminger, president and CEO of the adidas brand, in hono

CamelBak Acquires Tactical Glove Manufacturer…

CamelBak Products has acquired Southwest Motorsports Enterprises, Inc. one of the U.S. military’s top manufacturers of form fitting gloves for tactical and combat applications. Martina Hutchinson, Southwest Motorsports founder and president, will now lead

Stride Rite Solidifies Saucony and Hind Management…

The Stride Rite Corp. shuffled the deck at its Hind and Saucony subsidiaries this past week, enhancing the top management structure and the design department. At Hind, Todd Dalhausser was appointed general manager. He will report to Richie Woodworth, pre

Callaway Apparel Helps Ashworth Post 11% Q1 Sales Gain…

For the fiscal first quarter of 2006, Ashworth saw total sales increase 11% over the prior year quarter. Sales of Ashworth branded merchandise increased 3.5% to $20 million, while Callaway Golf apparel increased 23% over last year’s first quarter to $10.6

Warrior Hockey Promotes Wensley to Marketing Director

Neil Wensley has been promoted to Director of Marketing for Warrior Hockey. In this role, Wensley will oversee all product development, marketing and brand management for Warrior’s hockey division. Wensley has more than 12 years of experience in the hoc

Recall: Quecha Snowboard Bindings

The CPSC and Quechua announced a recall of the Rn'x7FX snowboard bindings. In total, about 230 bindings were distributed by Decathlon USA, of Wilmington, Mass. The snowboard binding's plastic base can break during use,
posing a risk that snowbo

Quiksilver to Open New Youth Concept Shop in L.A.

Quiksilver, Inc. is opening a new Quiksilver Youth concept store at The Grove in Los Angeles. The store will exclusively carry a fashion-forward mix of apparel, footwear and accessories from the Quiksilver Boys, Quiksilver Youth, Roxy Girl and Teenie Wahi

Lafuma Acquires EU Surf Footwear Brand, Bishoes

The Lafuma Group has acquired 100% of BISHOES, a company specialized in the high growth segment of upmarket flip-flops. The company posted sales of EUR 1.2m ($1.4 mm)in 2005. A surfing specialist created the brand in 1995. The company’s growth was intenti

Everlast Licensing Doesn’t Translate to Profit Yet…

Everlast Worldwide Inc. saw revenues jump for its fourth quarter in both sporting goods sales and licensing revenues. Unfortunately, the company was unable to transfer these gains to the bottom line, posting another quarterly net loss due to divested bus

Deckers Ups Guidance on Strong UGG Results…

Deckers Outdoor Corporation continues to benefit from the popularity of the UGG brand while many of the company’s other businesses are undergoing a transition period. Both Teva and Simple are investing heavily in design and innovation while Decker’s new C

Junkfood Leaves Bad Taste at PacSun in Q4…

Pacific Sunwear of California, Inc. posted a strong sales gain for the fourth quarter, but saw weakness in girl’s offset what could have been decent gains at the PacSun concept. Much of this weakness was attributed to Junkfood T’s and fashion denim, alon