REI Promotes Owen to VP of Merchandising

REI has promoted Angela Owen to VP of Merchandising. Owen, who joined REI's staff in 1990, has been promoted through positions spanning all of REI's product categories, with her most recent position being director of merchandise management for R

Skechers Ups Q4 Guidance…

Skechers USA expects to exceed a billion dollars in sales in 2005 on stronger-than-expected fourth quarter sales. SKX has raised its guidance for the quarter and the year ended December 31, now estimating diluted earnings per share to be in the range of

SGMA Board Sees New Faces; Leadership Shifts…

During the recent and final Super Show, the SGMA made several changes to its Board of Directors. Richard Bourne, the COO & president of Asics America, Paul Ehrlich, the general counsel at adidas America, and Chris Considine, the president of Wilson Sport

Fitness Equipment Leads Amer to Strong Q4…

Amer Sports reported that fourth quarter net sales increased 114% to €558.5 million ($664 mm) from €261.0 million ($339 mm) in the year-ago quarter. The Salomon acquisition contributed €255.2 million ($304 mm) to the quarter’s top-line, a 0.8% increase ov

Oakley Unveils Brand Strategy; Picks Up Oliver Peoples…

After Oakley saw its Q4 sales gain fail to translate to the bottom line, management unveiled several initiatives that it hopes will help achieve sustainable revenue growth, improved long-term earnings growth, and return on investment. In addition, the com

Oakley Acquires Luxury Eyewear Brands

Oakley, Inc. has acquired the privately-held Oliver Peoples, Inc., and its subsidiaries. As a result of the acquisition, Oakley has acquired Oliver Peoples' three eyewear brands: Oliver Peoples, Mosley Tribes, and the licensed Paul Smith eyewear bran

Easton and Riddell Bell Merge to Form $600 Million Company

Easton Sports, Inc. and Riddell Bell Holdings will merge to become Easton-Bell Sports, Inc. The combined company will generate more than $600 million in annual revenue, hold leading market positions in baseball, softball, football, hockey, cycling, auto

REI Honors Top Vendor Partners…

Recreational Equipment, Inc. named Eagle Creek as its Vendor Partner-of-the-Year at the 2005 vendor partnership awards at the Outdoor Retailer Winter Market. The annual awards program, established in 1993, recognizes three key vendors and one overall vend

G.I. Joe’s Takes Over a Former Wal-Mart Spot…

G.I. Joe's plans to open a new Kennewick, Wash. store. The opening is scheduled for late April. The Kennewick store, G.I. Joe’s 24th, will utilize 52,000 sq. ft. of the former Wal-Mart store located at 7011 W. Canal St., just off Columbia Center Boul

Tubbs ‘Romp to Stomp’ SLC Event Raises Over $20,000

The fourth annual Tubbs Romp to Stomp Out Breast Cancer Snowshoe Series raised over $20,000 for the Salt Lake City Affiliate of the Susan G. Komen Breast Cancer Foundation. The winning team, “Laurel’s Angels,” captained by Salt Lake City resident Carol Gr