Gramicci apparel hired Matthew Kaseta as director of national and global sales. Kaseta, who has more than 20 years of sales and product management experience, has worked with internationally known brands including Bell Sports, Burton Snowboards, Reebok an
Category: Footwear
Phoenix Footwear Appoints New VP of Sales
Phoenix Footwear Group, Inc. has appointed Michael Crosno as VP of sales of the company's Trotters and SoftWalk divisions, effective immediately. Most recently, Crosno spent seven years as National Sales Manager at Munro & Company, Inc.'s Ameri
Bridger Penttila Named Body Glove Bags Sales Manager
Body Glove International, LLC has hired Bridger Penttila as its Body Glove Bags Sales Manager. She formerly worked for Mountainsmith…
Ralph Lauren Moves to Acquire Japanese Licensee
Polo Ralph Lauren Corporation has announced its intent to commence a tender offer to acquire the approximately 80% of the outstanding shares of Impact 21 Co., its Japanese sub-licensee for men's, women's and jeans apparel, and accessories, that
Limited Brands Promotes Burgdoerfer to CFO
Limited Brands, Inc. has announced the promotion of Stuart Burgdoerfer, currently EVP, Finance, to Chief Financial Officer, effective immediately. He will also join the company's Executive Committee. Mr. Burgdoerfer served in several roles of increa
Nautilus Issues Profit Warning
Nautilus Inc. said its first-quarter earnings would fall far short of previous expectations. The Vancouver-based exercise equipment maker now expects a first-quarter profit of 8 cents to 9 cents per share, less than half its previous guidance of 18 cents
American Apparel/Endeavor Merger Moves Ahead
Endeavor Acquisition Corp. said it had been advised by American Apparel that the company will post at least $30 million pro-forma EBITDA for the fiscal year ending December 31, 2006. Under the terms of the merger agreement, American Apparel was required t
Holiday Must-Haves Fuel Strong Q4 for Vendors…
Sporting goods manufacturers as a whole once again saw gains in both sales and net income over the year-ago period in the fourth quarter, with the top line increases again outpacing the bottom line. As the cost of materials, production, and distributing
Puma Shares Rise On PPR Takeover Rumors
Shares of Puma stock rose almost 10% last Thursday on market talk that French luxury-goods retail group PPR is in advanced talks with the sportswear manufacturer’s largest shareholder to buy its 30% stake and then make a bid for the rest. A deal would val
Royal Robbins Lifts Phoenix Footwear’s Fortunes…
Royal Robbins saw fourth-quarter sales jump 26.2% to $4.6 million from $3.7 million a year ago. However, Royal Robbins' success was overshadowed by the financial distress at the brand's parent, Phoenix Footwear Group Inc., which might lead to th
Nike and adidas Take Soccer Jersey Battle to Brazil
Reports out of Brazil have adidas making overtures to the Brazilian Football Confederation (CBF) to become sponsor. The CBF's current contract with rival Nike is set to expire in 2018 with adidas' bid reportedly far outpacing the current level s
Reebok Launches $30mm Running-Focused Ad Campaign
While doing battle in court, Reebok also took a swipe at Nike's “Just Do It” slogan on the street. One of the poster ads as part of its $30 million “Run Easy” campaign showing a runner in pain exclaims, “What are you just doing? Run easy.”…
VF Corp. Acquires TNF China Biz
VF Corporation has acquired The North Face branded business in China from its licensee, Korea-based Youngone Corporation. VF will now take over the business in China, where the company sees a potential for $40 million in revenues within five years…
Jetboil Hires Lathrop as VP of Sales
Jetboil has been on a rapid growth curve for the past three years, grabbing market share from many of its competitors in the backcountry cooking segment of the outdoor market and re-inventing the stove category. According to info collected by SportScanINF
Outdoor U. Launches 2007 Events
OIA’s Outdoor University has finalized its program and speaker agenda for 2007 events. The program will be offered at four sessions across the country – Rendezvous Conference/Outdoor University Workshop, EORA Southeast Show, ORA/MRA Midwest Rep Show, and
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