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
Category: Footwear
Amer Makes Appointments In Winter Sports Segment
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
Dick’s Sporting Goods to Acquire Chick’s Sporting Goods
Dick's Sporting Goods, Inc. has entered into a definitive stock purchase agreement to acquire Chick's Sporting Goods. Under the terms of the agreement, Dick's has agreed to pay approximately $40 million in cash for the outstanding equity of
Brunswick Taps Motorola Exec. to Head Marketing
George T. Neill has joined Brunswick Corporation as its vice president and chief marketing officer, reporting to Brunswick chairman and CEO Dustan E. McCoy. Neill, most recently was corporate vice president – global marketing for Motorola, Inc…
U.S. Attorney Subpoenas Genesco – Finish Line Documents
Genesco Inc. has received a subpoena from the Office of the U.S. Attorney for the Southern District of New York for documents relating to the company's negotiations and merger agreement with The Finish Line. The subpoena states that the documents are
Foot Locker Slips to Q3 Loss Due to Charges
Foot Locker, Inc. reported a net loss of $33 million, or 22 cents per share, for the third quarter compared with net income of $65 million, or 42 cents per share, last year. This year's results included a non-cash impairment charge to write down long
OneGoal Hockey Show Sees Fewer Vendors…
At the OneGoal hockey trade show in Detroit last week, the main story on the show floor was the severe downturn in attendance compared to last year’s show. The change in show dates from January, which provided vendors with a venue to unveil new products,
Deckers Looks to Become a $750 Million Company Early Next Decade..
At Decker’s annual investor meeting held this month in Goleta, CA, the executive team and representatives from each of the company’s brands – UGG, Simple and Teva – gave an overview of the progress made in the past few years as well as future growth initi
Fila to License Fila Sport to Kohl’s…
Fila announced an exclusive arrangement to sell the Fila Sport brand to Kohl’s. Under the agreement, Kohl’s will license and develop (in collaboration with Fila) apparel product under the Fila Sport label, while Fila will make Fila Sport footwear exclusi
adidas Looks Off-Court With Mitchell and Ness…
adidas looks to take a step back in time, announcing recently the acquisition of Mitchel & Ness Nostalgia Company. Terms of the deal were not disclosed, but the company will become a part of adidas’ Sports Licensed Division, which currently houses both t
Bob’s Stores Disappoints in Q3…
With another disappointing quarter for Bob's Stores, its parent, TJX Cos., appears to be increasingly weighing its options on the 34-unit apparel chain. Bob's net sales increased 2% to $83 million from $79 million…
Birkenstock USA Sold to Birkenstock Family…
Birkenstock Distribution USA, the importer and distributor of Birkenstock footwear in the U.S., has been acquired by members of the family that has produced the brand since 1774…
Phoenix Footwear Nets Profit on Sale of Royal Robbins…
Phoenix Footwear Group net sales from continuing operations for Q3 decreased 5% to $26 million from $27.3 million a year ago, reflecting a 25% decrease in the Chambers belt business. Net income reached $11.1 million, or $1.23 a share, thanks to $14.1 mill
Jarden Hires Beverage Industry Exec. to Head Outdoor Solutions
Jarden Corporation appointed Gregory S. Shearson as President and Chief Executive Officer of Jarden Outdoor Solutions. Jarden's Outdoor Solutions segment has a broad portfolio of outdoor and active lifestyle products. Mr. Shearson has more than 20 ye
RECALL: Nike Chin Straps
Nike, Inc. is recalling approximately 235,000 Football Helmet Chin Straps as the chin strap's plastic cup can break as a result of contact, exposing the player to facial or head injuries…
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