Steven Madden Ltd.'s chairman and chief executive, Jamieson Karson, has resigned. The company said Edward Rosenfeld, executive vice president of strategic planning and finance, has been named interim chief executive…
Category: Outdoor
True Temper Q4 Sales Climb 22.1%
True Temper Sports, Inc. reported sales for the fourth quarter increased 22.1%, to $29.5 million from the $24.2 million recorded during the fourth quarter of 2006. Adjusted EBITDA for the fourth quarter increased over 100%, to $6.7 million from $3.2 milli
Sports Direct Ups Guidance
Sports Direct International plc said it earned a profit of £142 million ($287.3mm) on sales of £317m ($641.3mm) for the 13 weeks ending Jan. 27, 2008. Although business has remained in line with expectations since the end of the period, the U.K's lar
Yakima Names Two Regional Sales Directors
Yakima has promoted Liz Szulczewski to regional sales director for the Western territory and hired Ross Gilsrud as regional sales director for the Central region. Both appointments are effective immediately…
Heelys Extracts $1.4M and Licensing Deal in Settlement
Heelys, Inc. has agreed to settle its patent and trademark infringement dispute with Elan-Polo, Inc. for $1.4 million. Heelys has granted Elan-Polo rights to manufacture and sell a certain style of shoe skates with non-removable wheels both in the heel an
Heelys Fulfills Nasdaq Mandate with New Director
Heelys said it was back in compliance with listing rules at the Nasdaq Stock Market after appointing an independent director who will serve on its audit committee. Heelys said Jerry R. Edwards, the former president and CEO of Pearl Izumi, joined to its bo
REI to open Second Pittsburgh Store in 2009
Recreational Equipment, Inc. (REI) plans to open a second store in Pittsburgh in the spring of 2009 at Settlers Ridge Town Center. The co-op already has 12,000 active members near Settlers Ridge. It opened its Southside Works store in 2005.
New Balance Promotes Heffernan and Preston
New Balance announced that Paul Heffernan will assume the newly created position of Vice President, Consumer Experiences for New Balance. Joe Preston, who will move over from his role as Executive Vice President – International to fill the position of Ex
Cabela’s Invades L.L. Bean Territory
New Englanders and New Yorkers driving up to L.L. Bean's flagship store in Freeport, Me will soon have to drive right past a brand new Cabela’s on the Maine Turnpike. Nebraska-based Cabela's said it will open a 125,000-square-foot store in Scarb
PolarMax/XGO Parent Hires National Sales Manager
Longworth Industries, parent company of PolarMAX and XGO brands of technical, base-layer apparel, has named Roger Maxey as national sales manager to lead its national sales force. As president of Performance Marketing, Maxey helped open up retail markets
ForeFront Names Director of National Accounts
ForeFront has appointed John Perez as director of national accounts. Perez joins ForeFront from TaylorMade adidas Golf in Carlsbad, Ca., where he spent seven years as an account executive and most recently as a strategic account manager…
Perry Ellis Reports Q4 Revenues Decline 8.3%
Perry Ellis International, Inc. reported 4.1% growth in revenues for fiscal 2008 to a record level of $863.9 million from $829.8 million for the previous fiscal year. Fourth quarter net revenues, however, decreased 8.3% to $212.3 million from $231.6 milli
Brown Shoe Adds Two to Board
Brown Shoe Company, Inc. named both Mario L. Baeza and Harold “Bud” Wright to its board of directors. Baeza, 57, is the founder of The Baeza Group, a merchant banking firm focusing on investments in the U.S. Hispanic market, as well as in Latin America. W
American Apparel Swings to Q4 Net Income on 40% Comps
American Apparel, Inc. reported $111.2 million in net sales for the fourth quarter, a 48% increase over sales of $75.1 million last year. Retail sales increased 85% to $68.3 million for the fourth quarter of 2007 as compared to $37.0 million for the same
Aldila Delays 10K Filing Until End of Month
Aldila, Inc. delayed the filing of its annual 10K report by as much as two weeks, citing accounting work it undertook to revise how it accounts for certain securities transactions that affect its balance sheet and cash flow statements. The maker of graphi
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