In an interview with Italy's financial daily Il Sole 24 Ore, Andrea Guerra, CEO of Luxottica Group S.p.A., commented that fiscal year 2007 will be another record year for the Group. Mr. Guerra indicated that Luxottica will close the year with nearly
Category: Outdoor
RECALL: Cannondale Scalpel Mountain Bikes
Cannondale and the CPSC issued a recall of about 150 Cannondale 2008 “Scalpel” mountain bikes. According to a statement, the frame can break while in use, causing the rider to lose control and suffer injuries from a fall or collision. The firm has receiv
Seth Horowitz Joins Modell’s
Seth Horowitz, former chairman, CEO and president of Everlast, will take over as executive VP-merchandise, advertising, marketing, planning and allocation of Modell’s Sporting Goods, effective January 14. He reports to CEO and president, Mitchell Modell..
Forzani Names President, Corporate and Franchise
The Forzani Group Ltd. has named Tom Quinn as president for both the corporate and franchise businesses. Quinn joined the Forzani Group in 1994 and most recently held the title of president, franchise. In his newly expanded role, Quinn will be responsible
Luxottica Expects 7.1% Revenue Growth for 2007
In an interview with Italy's financial daily Il Sole 24 Ore, Andrea Guerra, CEO of Luxottica Group S.p.A., commented that fiscal year 2007 will be another record year for the Group. Mr. Guerra indicated that Luxottica will close the year with nearly
Hi-Tec Names Global MTO Product Manager
Global sports brand HI-TEC SPORTS has appointed Mark Cooper as global MTO product manager. With over 21 years of industry experience in sales and product development, Cooper has worked for numerous brands including Adidas UK, Ascot, Patrick UK and Dunlop
New Balance Promotes Preston to EVP – Int’l
New Balance has promoted Joe Preston to executive vice president, international. Preston, a New Balance associate since 1995, began his New Balance career as Senior Product Manager – Running and Custom Products, before moving on to lead the Dunham brand i
NSGA: Athletic Footwear ASP Rises 2.1% in 2007
According to preliminary data from the NSGA's “Sporting Goods Market in 2008,” the average price point for athletic footwear in 2007 rose 2.1% to $43.03 from 2006. In 2006, the average price rose to $42.16 (+3.4%) from $40.78 in 2005…
Jarden Vet to Head Sales at Coleman, Stearns
The Coleman Company, Inc. has named a veteran consumer goods executive from its parent company Jarden Corp. as SVP of Sales for the Americas for its Coleman and Stearns brands. Scott Henrikson will report to Interim President and CEO, Sam A. Solomon…
West Marine Sees 3.0% Q4 Comps Slide; To Miss 2007 Forecast
West Marine, Inc. recorded a 4.9% decrease in fourth quarter net sales to $117.8 million from $123.8 million for the year-ago period. Comparable store sales for the fourth quarter decreased 3.0%. The company said several accounting issues as well as lower
Ogio Adds Six Reps to Golf Sales Force
Ogio has added six new sales representatives to its Golf sales force. Tom Plungis will cover Arizona, New Mexico, and Las Vegas territories; Brian Sparrow, North and South Carolina; Mack Carneal, western and central Florida; Hunter Martin, Virginia, Delaw
Big 5 Q4 Comps Down 4.7%; Lowers Guidance
Big 5 Sporting Goods Corporation saw net sales slip 1.0% to $232.1 million for Q4 from $234.5 million last year. Fourth quarter same store sales declined 4.7%. The company said results were impacted by a “significant deterioration in the performance of th
Access Distribution Acquires Capix
Access Distribution has acquired the Capix brand, in the process hiring Jody Carlson as brand manager for Capix. Jody Carlson brings over 12 years of experience and knowledge in the action sports business to the new role…
Stage Stores December Comps Slide 7.1%
Stage Stores, Inc. recorded a 3.8% decrease in December sales to $260.3 million from $270.5 million in the prior year period. Comparable store sales for the month decreased 7.1% versus an increase of 2.2% last year…
Kellwood Defends Plan to Buy Back Bonds
The Kellwood Co. – which owns the Royal Robbins, Sierra Designs, Slumberjack, Wenzel and Wenger brands – defended plans to spend $60 million buying back debt despite criticism by its second largest shareholder and former suitor. Investor Sun Capital Secur
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