Ocean & Earth, the Australian surf brand, recently launched a 5-year expansion plan. In December 2007, CEO of International Operations Paul Munten completed an extensive search for new brand leadership in North America with the hiring of Dave Nielsen as V
Category: Footwear
Quiksilver Sued by ESPN
Quiksilver Inc. was sued by sports network ESPN Inc. on claims it violated a trademark on the cable channel's X-Games competition franchise. Quiksilver uses a stylized “X” emblem on clothing, labels and accessories that is “confusingly similar” to ES
Mountainsmith Hires Domestic Sales Mgr
Mountainsmith announced the appointment of Jay Getzel to the newly-created position of domestic sales manager. Getzel was most recently sales and service manager for C.A.M.P. USA in Broomfield, CO…
Puma’s U.S. Revenues Drop 14.2% in Q1
Puma said that in the U.S. market, sales were down 14.2% to $134.1 million (86.36 million euros), affected by the continued moderate environment in the mall-based business. Puma also said orders for the U.S. by the end of the quarter were down 20.8%…
InnoVision Headwear Partners with Boa Technology
Toronto-based InnoVision Headwear, Inc. has partnered with Boa Technology to bring its microadjustment technology to headwear. IV Headwear said the system allows wearers to instantly micro-adjust the fit of their headwear when they encounter high winds. T
Adidas Wins $305 Million Verdict Against Collective Brands
Collective Brands Inc. on Tuesday said a $305 million verdict against the footwear maker and retailer related to an Adidas lawsuit is “excessive and unjustified.” On Monday, a federal jury in Portland has ordered Payless Shoesource Inc. to shell out $304.
KJUS Ski Brand Orders up 40% for Next Winter
LK International AG of Switzerland said worldwide net orders for the 08/09 winter collection of its KJUS Skiwear brand increased by 40%, including Austria with a 38% increase, Switzerland with 32%, and the United States of America with 27%…
Tompkins Takes the Reins at Interbike
Nielsen Sports Group named Andy Tompkins Show Director for Interbike, which means he now has responsibility for three of its five shows. Tompkins' portfolio now includes ASR, Health+Fitness Business Expo and Interbike. He replaces Lance Camisasca, wh
Performance Training: Will the Hype Pay Off?
Whether consumers or retailers are ready for it, the cross-training category is about to attempt a rebirth. The revival, which is now being heralded by major marketing campaigns touting Under Armour’s performance trainer introduction, as well as Nike’s SP
Under Armour Reduces Profit Outlook as High Inventories Cut into Margins…
Under Armour Inc. posted another solid quarter for sales growth, but a sharp increase in marketing expenses and tighter margins cut into profits as net income plunged more than 71% compared to the year-ago period. The company is still struggling with the
Cabela’s Gets Q1 Lift from Improving Margins…
Store efficiency initiatives have begun to yield results at Cabela’s Inc., which said its operating income spiked 70% in the first quarter despite an 8.4% decline in same store sales. Net income rose more than twice as fast as revenues thanks to improved
Dorel Gets Lift from Both IBD and Mass Channels in Q1…
Dorel Industries Inc. said revenue rose 54.9% to $136 million and gross profits and earnings from operations more than doubled at its Recreational/Leisure segment for the first quarter ended March 31. The growth came thanks to two months of results from t
Rocky Reaches Settlement in Case Against Former VP…
Rocky Brands, Inc. reached a settlement in its case against a former VP whom the company claims was attempting to copy some of its most popular shoes. The terms of the settlement involving Defendants Glen Bratcher, Westwood Footwear and Accessories LLC, a
Gander Registers 9.8 Million Shares
Gander Mountain Company said it registered 9.8 million shares of its common stock originally sold in two private placement transactions to major investors, both of whom serve on the company's board of directors and said they remain long-term investor
Pro Hockey Life Acquires Entrepôt du Hockey
Pro Hockey Life Sporting Goods Inc., the hockey superstore concept operating under the Sports Gilbert Rousseau and Pro Hockey Life banners, has completed a private financing round to fund the acquisition of Sports L.G.L. Inc. (“LGL”) in Quebec City, as we