The outdoor industry bucked the worries that many financial analysts held over the credit crunch and mortgage crisis, posting strong sales results across the vendor/retailer divide with net income growing in-line as well, excluding one notable write-down.
Category: Outdoor
Wolverine Appoints VP, Human Resources
Wolverine World Wide today announced the appointment of Pamela L. Linton to the position of SVP, Human Resources. In this position, Linton will report directly to Blake W. Krueger, CEO and president. Linton most recently served as SVP for the multi-nation
K-Swiss Signs Tennis Star Tommy Haas
K-Swiss inked an endorsement deal with internationally acclaimed tennis player, Tommy Haas. The German-born player has over 11 career ATP titles with a career high ranking of #2 in the world…
Iconix Closes on Starter Acquisition
Iconix Brand Group, Inc. has completed its acquisition of the Starter brand from Nike's Exeter Brands Group for a purchase price of $60 million in cash. Iconix is forecasting 2008 royalty revenue from Starter of approximately $18 million worldwide…
DVS to Stop Using Infringing Louis Vitton-esque Pattern
Louis Vuitton Malletier SA and DVS Shoe Company, Inc, doing business as Podium Distribution, have resolved the matter between them regarding the alleged infringement of Louis Vuitton’s registered trademarks and copyrights for sandals, slip-on shoes, athle
Callaway and TaylorMade Settle Patent Suit with License Agreement
Callaway Golf Company and TaylorMade Golf Company have reached a settlement and patent license agreement. Under the terms of the agreement, each company will have specified rights to make products under patents owned by the other. Technologies at issue in
Report: Acushnet Loses Callaway Patent Suit
Callaway Golf Co. has won a patent-infringement jury verdict against Acushnet Co., according to Bloomberg News. Callaway sued Acushnet last year in a Delaware federal court for patent infringement relating to Callaway's three-layer golf balls. Acushn
Amer Changes Segment Reporting
Amer Sports is changing its segment reporting to three product categories from four branded segments. The redefined business segments are: Winter and Outdoor; Ball Sports; and Fitness. The former segment reporting consisted of Salomon, Wilson, Precor, Ato
Endeavor Gains Shareholder Approval for American Apparel Acquisition
Endeavor Acquisition Corp. announced that its stockholders have approved the merger with American Apparel and its affiliated companies. The vote to approve the merger took place at Endeavor's special meeting of stockholders. The closing of the transa
Collective Brands Names New Stride Rite CEO
The Stride Rite Corporation of Collective Brands, Inc. has hired Gregg Ribatt as the president and chief executive officer for The Stride Rite Corporation reporting to Matt Rubel, president and chief executive officer of Collective, to lead and direct the
Aetrex Adds Director of Sales for Shoe Retail Channel
Aetrex Worldwide reports that John Brewer has joined the company as director of sales for the Shoe Retail Channel. Brewer had previously been the General Manager for Neil M. Footwear where he was involved in many facets of the company including design, ma
Puma Adds Corporate Sportlifestyle PR Manager
Kerstin Neuber (35) recently joined the Sportlifestyle company's Corporate Communications Team in Herzogenaurach as Corporate PR Manager. The former journalist worked for Reuters news agency in London and Frankfurt, covering stock markets and listed
VF Corp. Shakes Up Leadership Structure
VF Corp. will make several changes to its management structure as incoming President and CEO Eric Wiseman takes the helm on January 1st. George Derhofer, 54, SVP – Global Operations, has decided to retire at the end of the year. Mike Gannaway, who has bee
Brine Sponsors Georgetown Men’s Lacrosse Team
Brine Corp has signed a five-year official equipment supplier agreement with the Georgetown University Men’s Lacrosse team. The Hoyas will take the field in the spring of 2008 using the latest Brine sticks, handles and protective equipment…
Prince Sports and Arthur Ashe Youth Tennis Teach Kids Retail
Participants from Arthur Ashe Youth Tennis and Education are starting their own retail business – the AAYTE Prince Pro Shop, a store that will sell tennis equipment, apparel and accessories, located at the Arthur Ashe Youth Tennis and Education Center. Th
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