Tim McCool, director of apparel sales for adidas America, has agreed to plead guilty to a conspiracy charge involving Just for Feet. The U.S. Attorney's Office in Birmingham, AL confirmed that McCool had been charged with conspiracy to submit false s
Category: Outdoor
Vaccaro Tires of the No Cash Routine…
SPORTS EXECUTIVE WEEKLY has confirmed that Sonny Vaccaro, adidas’ director of basketball, has resigned from the company. The move furthers impacts the floundering adidas basketball program that has lost quite a bit of share to resurgent Reebok and
NRF: Back-to-School Helps Fuel Retail Comeback
A strong back-to-school season and solid sales gains continue to fuel optimism in August as retailers begin looking ahead to the fourth quarter. According to the latest NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation
Bowers Takes On More Duties at Oakley
Oakley today announced that Scott Bowers, Vice President of Sports Marketing, will take over additional marketing responsibilities for the Oakley brand. In his new role Mr. Bowers will be responsible for overseeing all aspects of Oakley's marketing p
Slazenger Golf Appoints New President/CEO
Slazenger Golf Products Company has appointed golf industry veteran Chris Daltorio as the new President and CEO, setting forth a new platform that will allow golfers across the nation to have greater access to Slazenger apparel, gloves and balls. Daltori
Rawlings Inks New Five Year NCAA Baseball Deal
Rawlings Sporting Goods announced that it has entered into a new five year agreement with the National Collegiate Athletic Association (NCAA), which designates Rawlings as the official baseball of the NCAA…
Clif Bar Continues its Strong Environmental Track Record
In another significant effort to reduce its ecological footprint on the planet, Clif Bar Inc. announced today that all of the cartons (caddies) that hold its energy and nutrition bars on store shelves will be made with 100 percent recycled paperboard, of
Kmart Posts Fiscal Q2 Loss as Comps Slide 5.4%
Kmart Holding Corporation reported a net loss of $5 million, or ($0.06) per share, for the fiscal second quarter of 2003. Kmart Corporation reported a net loss of $293 million for the 13 weeks ended July 31, 2002. Net sales for the 13 weeks ended July 3
adidas Issues Bonds in Advance of Top-Flite Auction
A report early Wednesday has adidas-Salomon gearing up for the fight for the Top-Flite. Reuters is reporting that adidas-Salomon made its debut in the bond market on Wednesday, issuing 400 million euros ($434 million) worth of debt convertible to around
VF Completes Nautica Deal; Forms Sportswear Coalition
VF Corporation has completed the previously announced merger between Nautica Enterprises, Inc. and a subsidiary of VF for a total consideration of approximately $600 million. The merger was approved by Nautica's stockholders on Wednesday. VFC announ
Nike Makes Five Senior Promotions
NIKE, Inc. announced the appointment of five executives to key posts. Tom Arndorfer has been appointed as Vice President and Chief Financial Officer of Nike USA; Jim Carter as Vice President, General Counsel; Adam Helfant as Vice President of U.S. Sports
Collegiate Pacific Fiscal 2003 Income Up 56% on 25% Sales Gain
Collegiate Pacific reported revenues for its fiscal year 2003 rose 25% to $21 million while net income jumped 56% to $1.2 million, or 30 cents per diluted share. BOO is projecting that revenues for the 2004-2006 periods will be approximately $26 million,
adidas Signs Young Sprinter to Endorsement Deal
adidas has signed sprinter Allyson Felix, the 2003 Gatorade Female Athlete of the Year, to a product endoresemnt and marketing deal. Felix has gone from a nationally ranked junior, to a competitor at the World Championships. Earlier this year, Felix ach
Rodale Releases H1 Profits
Rodale continues its strong performance trend for the first half of '03, it was announced today by Steve Murphy, President and CEO of Rodale Inc. The first half of '03 was up an additional 14 percent in terms of overall revenues compared to the
Clash of the Titans VIII: The Reconciliation Begins…
The dispute between the two biggest kids on the block appears to be softening a bit as both Nike and Foot Locker find new ways to help each other achieve their respective goals without compromising the stand each took in their now nine-month old spat over
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