Bernard Millaud has been named the new General Manager of Salomon Winter Sports Equipment, a position previously held by Philippe Dubé. Millaud is also now responsible for the legal entity of Salomon S.A. in Annecy and will continue in his role as General
Category: Outdoor
Gregory Hires Romanella as Marketing Coordinator
Gregory Mountain Products hired Stephanie Romanella as marketing coordinator. Romanella joins Gregory after working in marketing at Backpacker Magazine for the last two-plus years. At Gregory, Romanella will assist in planning and execution of global mar
Luxottica and Oakley Complete Merger…
Luxottica Group and Oakley completed the merger between the two companies for a total purchase price of approximately $2.1 billion. Oakley will now be a wholly-owned subsidiary of Luxottica and, as a result the combined companies expect for fiscal year 20
Nike, Inc. and Foot Locker Open House of Hoops…
Nike and Foot Locker opened the doors to House of Hoops by Foot Locker on Harlem's 125th Street, near the Apollo Theater last week. The new concept store features the Nike, Jordan and Converse brands, exclusively. The Harlem location is the first of
England’s Football Loss May Well be Nike’s Gain…
As Sports Executive Weekly toured Europe retail last week, the story in the U.K. and on the continent quickly turned to the fate of Umbro and U.K. retail in general this holiday season as England failed to qualify for the 2008 European Football Championsh
Foot Locker Posts Third Quarter Loss on Lower Sales, Store Closing Charges…
Foot Locker, Inc. reported that fiscal third quarter sales came in below expectations as a weak U.S. mall environment was joined by tough sales results coming out of Europe and a flat Canadian business. Australia was the lone bright spot, but the world’s
Dick’s Sporting Goods Exceeds Guidance in Q3 Despite Weaker Comps…
Dick’s Sporting Goods again surpassed expectations in the third quarter with higher than anticipated earnings in spite of slowing sales growth and negative comp store sales…
Forzani Expands Canadian Sports Retail Footprint…
The Forzani Group Ltd. last week announced that it plans to acquire Athletes World Limited, a Canadian retailer of athletic and recreational footwear and apparel owned by Bata Ltd. Athletes World had filed on October 30, 2007 for protection under the Com
Asics First Half Sales Jump on U.S. Footwear Strength…
Asics Corp. reported that 2007 first half revenue increased 14.0% to ¥108.74 billion ($912.3 mm) from ¥95.40 billion ($828.1 mm) for the same period last year. Net income jumped 18.2% to ¥8.29 billion ($69.6 mm) from ¥7.02 billion ($60.9 mm)…
Converse to Sell One Start Line through Target…
Just a week after Sports Executive Weekly speculated that Nike, Inc. may pull back from the mass retail channel after it sold off the Starter license that was predominantly servicing a Wal-Mart program and hinted at scrapping the Tailwind project that was
Perry Ellis Q3 Swim Revenues Grow 20%…
Perry Ellis International said its swim business grew 20% in Q3, while action sports more than doubled. Nike swim increased penetration from spring '07 to spring '08 by 806 doors, surpassing the 6,200 door mark, growing strongly at department st
Forzani to Acquire Athletes World
The Forzani Group Ltd. plans to acquire Athletes World Limited. On October 30, 2007, Athletes World, a Canadian retailer of athletic and recreational footwear and apparel, sought and obtained protection under the Companies' Creditors Arrangement Act.
Shoe Carnival Q3 Net Income Halved on Declining Comps
Shoe Carnival net sales for the third quarter decreased 8.0% to $173.9 million from sales of $189.1 million in the same quarter of 2006. Comparable store sales declined 5.0%. Net income was $4.2 million as compared with net income of $8.4 million in the t
Gramicci Expands HQ
Gramicci apparel has a new expanded the brand's headquarters, which has been dubbed the “Global Habitat,” in the historic Hill Section of Agoura California. Gramicci, lead by president Marty Weening, has successfully completed Stage Two of its Strat
Pacific Sunwear Slips to Q3 Loss on Negative Comps
Pacific Sunwear of California sales for the third quarter were $373.1 million, a decrease of 0.6% from $375.4 million for the third quarter of 2006. Total same-store sales increased 5.0% during the third quarter of fiscal 2007. By concept, PacSun same-sto
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