After SAPARDIS S.A., a subsidiary of PPR S.A., made its offer last week to acquire the remaining shares of PUMA AG for €330.00 per share, the industry was left waiting to hear PUMA's position on the offer. Early Thursday, the Board of Management and
Category: Footwear
SIA: Specialty SnowSports Sales Flat for ’06-’07 Season
Specialty stores, buoyed by strong early and late season sales in the East and Midwest and consistently strong sales in the Rockies and West, finished the August through March selling season with $1.8 billion in sales, flat compared to last year's re
Hibbett Q1 Sales Up 5.5%, Net Income Falls 11.3%
Hibbett Sports, Inc. saw a 5.5% increase in net sales for the first quarter to $133.8 million from $126.9 million for the same period last year. Comparable store sales increased 0.7%. Net income for the first quarter was down 11.3% to $10.2 million from $
NFL, GSIC and QVC Ink Strategic Alliance
QVC, the National Football League and GSI Commerce Inc. have entered into a strategic alliance to create a new, multichannel marketing opportunity for NFL-licensed products. Under terms of the agreement, QVC will become the NFL's “official television
Orange 21 Q1 Sales and Income Flat
Orange 21 Inc. consolidated net sales were flat at $9.4 million for the three months ended March 31, 2007 and 2006. A net loss of $1.8 million was incurred for the three months ended March 31, 2007 compared to a net loss of $1.7 million for the three mont
Peregrine Inks Deal with Z-Medica
Z-Medica Corporation inked a deal with Peregrine Outfitters to distribute to the retail, wilderness and outdoor industry its first two products for consumers, QuikClot Sport™ and QuikClot Sport Silver™.
Corliss, Camacho Resign from The Athlete’s Foot
Bob Corliss and Don Camacho have resigned, effective July 1, 2007 from their positions at The Athlete's Foot and NexCen Brands, Inc. Chuck Zona, EVP of brand management and licensing for NexCen Brands, will serve in the interim role of acting preside
Nike and Foot Locker Collaborate on New Basketball Retail Concept
Nike, Inc. and Foot Locker, Inc. expect to open up to 50 “House of Hoops by Foot Locker” retail stores in the United States over the next three years. House of Hoops will be a “hub for all things basketball,” offering exclusively Nike, Jordan and Converse
VF Imagewear Extends MLB License Agreements
VF Imagewear, Inc. announced that it has extended its strategic licensing agreements with both Major League Baseball Properties and the Major League Baseball Players Association. The agreements cover authentic, replica and fanwear products for all size ra
Study Highlights Boating Growth
One-third of U.S. adults went boating in 2006, an increase of 1.3 million Americans to more than 73 million, and spent approximately $16 billion on food, drinks, groceries, restaurants and fuel associated with their boating excursions, according to the an
Urban Outfitters to Launch ‘Greenhouse’ Inspired Retail Concept
Urban Outfitters, Inc. plans to launch a fourth retail concept, this time focused on lifestyle home and garden products as well as antiques, live plants and flowers. The chain will draw inspiration from greenhouses…
Payless to Acquire Stride Rite; Change Name to Collective Brands
Payless ShoeSource, Inc. has signed a definitive agreement to acquire The Stride Rite Corporation for approximately $800 million plus the assumption of Stride Rite debt. The all-cash offer of $20.50 per share represents a 32% premium over Stride Rite'
Mizuno Full Year Sales Increase 6.2%
Mizuno Corp. reported that consolidated net sales increased 6.2% for the fiscal year ending March 31, 2006 to ¥161.70 billion ($1.38 bn) from ¥152.29 billion ($1.35 bn) last year. Operating income for the year increased 11.0% to ¥6.90 billion ($59.1 mm) f
Nike Launches NikeSummerShoes program
Nike Inc. launched its NikeSummerShoes program, which will deliver more than 60,000 pairs of shoes, worth an estimated $6 million, to young people in 21 communities from coast-to-coast to help them get active over summer break through sport, dance and pla
Spalding Launches ‘The Science of Basketball’ Curriculum
Spalding is spreading the word on the scientific principles of its NEVER FLAT basketball in classrooms across the country. “The Science of Basketball” curriculum which provides more than 11,000 science teachers across the country with handouts and posters
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