Lotto Sport Italia has acquired Etonic Worldwide.
The acquisition allows Lotto to significantly strengthen its US market position by bringing an important and well-known brand within its portfolio. Etonic’s management re-launched its golf brand in 2004 an
Category: Footwear
Keen Plans 900 Mile Cycling Fundraiser and Documentary
Keen, Inc. plans for a 900+ mile cycling fundraising initiative and accompanying documentary film called Hybrid.Pedal. The initiative will generate awareness of and support for The Conservation Alliance…
Quiksilver Establishes JV to Focus on Mexico
Quiksilver, Inc. has joined with PBM International in creating a JV to market, selln and distribute “Quiksilver” and “Roxy” branded products in Mexico. The joint venture will be responsible for establishing a Mexican distribution network of company-owned
Umbro Warns 2006 Sales will be ‘Marginally Below’ Expectations
Umbro has continued to perform in line with expectations internationally with year-to-date total wholesale equivalent sales (TWE) 14% ahead of 2005. However, in the UK, market conditions remain challenging and as a consequence, Umbro’s full-year results a
U.S. Supreme Court Hears Mass. v. EPA Arguments
The U.S. Supreme Court heard oral arguments in Massachusetts v. EPA, a landmark global warming case. The High Court’s decision is likely to have a far-reaching impact on future action to fight global warming at both the state and federal levels. James Mil
HECC Files Suit Against Warwick Mask and Equipment
The Hockey Equipment Certification Council (HECC), which was established through USA Hockey and a coalition of industry manufacturers with the aim of creating standards for rules of play and safety requirements for U.S. amateur hockey, filed a lawsuit aga
Nike Sees Ball Shortage as it Ends Sourcing with Pakistani Factory…
Nike, Inc. will be decreasing the number of hand-stitched soccer balls it brings to market after the factory that it orders the balls from failed to correct “significant labor compliance violations.” The factory, Saga Sports, is based in Sialkot, Pakista
Hi-Tec Extends Distribution Agreement in Japan
The MoonStar Company of Japan and Hi-Tec Sports PLC inked an agreement to include distribution of Hi-Tec Golf shoes in 2007. MoonStar sells its own brands and distributs New Balance, Converse, Geox, K-Swiss and Kappa
Perry Ellis Q3 Earnings Climb on Sales Decline
Perry Ellis International, Inc. third quarter revenues were $213.2 million, compared to $220.0 million, a 3.1% decline from the comparable period a year ago. For the third quarter of fiscal 2007, net earnings were $8.2 million compared to $8.1 million for
Royal Robbins Drives Phoenix Footwear Third Quarter Results…
Phoenix Footwear Group, Inc. saw net sales for the third quarter increase 6.4% to $36.5 million from $34.3 million last year. Organic growth for the quarter was 8.8%. Top line sales growth was led by strong results at Royal Robbins and Chambers Belt, part
Johnson Outdoors Cuts Fiscal Q4 Loss Dramatically; New Product Drives Gains…
Johnson Outdoors’ operational improvements worked their way down to the bottom line for the company’s fiscal fourth quarter and the 2006 fiscal year with a mid-single digit sales increase translating to an income increase in excess of 20% for the full yea
Cascade Designs Moves on with New Leadership…
Last year, Cascade Design’s founder, John Burroughs, made the decision to consolidate all of Cascade Design’s ownership into his own hands. This set off a chain of events that included Lee Fromson, the president of the company, deciding to leave his posit
Eddie Bauer Q3 Loss Grows; Inks Deal to go Private…
Eddie Bauer Holdings’ third quarter revenues were $211.3 million, a decline of 2.8% compared to $217.3 million reported for the same period last year. Net merchandise sales were down 2.6% to $199.3 million compared to $204.7 million last year. Comparable
SSG Shareholder Suits Against Collegiate Pacific Dismissed
Costa Brava Partnership III L.P., Greenwood Capital L.P., and Greenwood Investors, L.P. each voluntarily dismissed, without prejudice, legal complaints filed against Collegiate Pacific Inc., Mr. Geoffrey P. Jurick, Thomas P. Triechler, Peter Bunger and Te
New Balance Foundation Sponsors First Maine Hut
The New Balance Foundation awarded a $500,000 gift to the Western Mountains Foundation for its Maine Huts and Trails program. This gift will make the New Balance Foundation the sponsor of the first hut, planned for construction in 2007 in Carrabassett Va
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