The American Basketball Association (ABA) has signed a letter of intent with International Apparel Group, Inc. for the creation of ABA Apparel, LLC. ABA Apparel will have the exclusive rights for the development of ABA on- and off-court team apparel and r
Category: Footwear
Nike’s Director of Employee Communications Departs
Lee Weinstein departed from his post as director of global employee communications at Nike, Inc. Weinstein, 47, will begin a public relations consultancy, Lee Weinstein & Associates, Inc., in Portland, Oregon and the Columbia Gorge. An Oregon native, he i
Perry Ellis Q4 Sales Gains Balanced Across Divisions
Perry Ellis International, Inc. reported record fourth quarter revenues of $231.6 million, an 8.3% increase compared to $213.9 million for the same quarter last year. Fourth quarter of fiscal 2007 revenue increases were balanced across a number of the com
Nite Ize Acquires Inka
Nite Ize, Inc. has completed the acquisition of the Inka brand of writing instruments. Both brands will benefit from their combined resources. Nite Ize has a well established infrastructure with manufacturing, operations and sales distribution. With this
Woolrich Names Successors to Brayton
In response to the untimely passing of Woolrich president and CEO, Roswell Brayton, Jr. last week, Woolrich named James Griggs, most recently Woolrich vice president of finance, as president, while Charles Aides, senior vice president of apparel manufactu
Ulu Taps Chaco Reps
ULU Boots will leverage the relationships and experience of existing Chaco sales representatives from all territories. Consolidating the sales force also offers an opportunity for the rep agencies to round out their sales year with both summer and winte
New Markets and Acquisitions Play Central Role in Industry Growth Plans Over Next Five Years…
At a series of investor conferences last week, most notably the Bank of America Consumer Conference, but also at the B. Riley & company 8th Annual Las Vegas Investor Conference and at Citigroup’s Small & Mid-Cap Conference, public companies gave the inves
Shoe Carnival Sees Rebounding Trends in Athletic…
Shoe Carnival, Inc. was able to leverage a fairly moderate sales increase in the fourth quarter and year into solid improvements in operating profit for both periods. While comps for the fourth quarter declined 0.9%, and net sales rose only 1.3% on a com
Dick’s SG Posts First Billion Dollar Quarter; Exceeds Q4 Earnings Estimates…
Dick's Sporting Goods, Inc. shrugged off the impact of weather on their fourth quarter results, posting earnings in excess of previous guidance and racking up quarterly sales of more than $1 billion for the first time and passing the $3 billion mark
One-On-One with Merrell’s Tobin Teichgraeber…
As creative director of the Merrell Apparel brand, Tobin Teichgraeber led a custom team of designers and marketers to build Merrell’s new apparel platform. His experience in strategic marketing, brand planning and launching and expanding brand categories
adidas Moves U.S. Financial Ops; Fights German Football Bid
adidas America is moving its corporate accounting and financial services division, which is currently based in Portland, Ore., to the Massachusetts headquarters of Reebok International Ltd. The move is expected to take place in April 2007, with a second p
Some Quiksilver Shareholders Get Restless
Lew Shapiro and the Cross America Investors Clubs recently sent a letter to Quiksilver demanding, as shareholders, the resignation of Mr. Bernard Mariette and any employees appointed by him. The letter also demanded that Quiksilver sell the Rossignol busi
Eddie Bauer Posts Q4 Profit
Eddie Bauer Holdings netted a profit of $63.2 million, or $2.11 per share, in the fourth quarter compared to a net loss of $12.8 million, or 43 cents, in the fourth quarter of 2005. Revenues increased 1.5% to $381.9 million from $376.4 million a year ago,
OIWC Sees Increased Support
Outdoor Industries Women’s Coalition has seen a significant increase in both individual membership and corporate supporters. In just two years, OIWC has grown from 400 to 800 individual members and now serves women of the outdoor, ski, and cycling industr
Finish Line Taps Nordstrom Exec for Chief Merchant Role
The Finish Line, Inc. has appointed Samuel M. Sato as Executive Vice President and Chief Merchandise Officer of Finish Line. In this role, the former Nordstrom exec will be responsible for all product lines, footwear, apparel and accessories for Finish Li
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