SGB Executive Outdoor
Stride Rite Chalks Up Q2 Keds Decline to Repositioning; Hilfiger Continues Decline…
The Stride Rite Corporation got little help on the top line from most of its core brands for the fiscal second quarter ended June 3. But improving margins at Keds helped push total GM higher, nearly offsetting the increase in operating expenses for the pe
Nike Inc. Lays Out Opportunity for Global Multi-Brand Strategy…
After a rather tepid presentation of some arguably outstanding results on their earnings conference call on Monday (SEW_0526), Nike management on Tuesday took some of their biggest investors and some influential analysts through their detailed plans for t
Huffy May Become Private, Chinese-Owned Company…
After nine months under Chapter 11 bankruptcy protection, Huffy Corp. last week provided some guidance on its plans for reorganization. HUF filed papers with the SEC pertaining to an “agreement in principle” between Huffy and a group of creditors includ
Finish Line to Focus More on Efficiencies as Comps and Top-Line Growth Moderate…
The Finish Line may have seen their best quarters of top-line growth behind them now as the athletic specialty retailer starts to settle into the reality of more moderate comparable store sales gains and focus on operational efficiencies as the main drive
Nike Q4 Earnings Up 15% on 7% FX Rate-Aided Sales Gain
Nike, Inc. reported fiscal fourth quarter revenues increased 7% to $3.7 billion from $3.5 billion for the same period last year. FX rate changess account for three percentage points of the growth. Fourth quarter net income was up 15% to $349.5 million, or
ISIS Hires Kokx and Toy for Design and Sales Teams
ISIS For Women appointed Lisbeth Kokx as technical outwear developer and Kristen Toy as national sales manager, a new position. Toy will be responsible for all aspects of ISIS domestic sales including overseeing ISIS regional sales force and dealer servic
Spalding Announces New Category Marketing Manager
Spalding announced the promotion of Brian Kelly to category marketing manager, football and soccer, for Spalding, effective June 1. Kelly, who joined Spalding in 1998, will continue to report to Llewellyn…
Cloudveil Adds Several New Faces and Promotions
Cloudveil hired several new people to further bolster areas of support and to meet demand. In Jackson, Cloudveil has added Ned Hutchinson as Product Line Coordinator, Casey Shaw as Product Line Development/Designer and Annie Putnam as the Consumer Marketi
Oakley Opens Mexico City O Store
Oakley, Inc. has announced the opening of an O Store in Mexico City, Mexico. This O Store is Oakley's eighth international licensed location and will be owned and operated by Grupo Sanborns, S.A. de C.V., a unit of Grupo Carso well-known for its reta
Callaway Confirms Consideration of Various ‘Strategic Alternatives’
Callaway Golf Company confirmed that it is continuing its previously announced search for a new chief executive officer. As part of that process, the Board of Directors is also conducting a full review of the strategic alternatives for the company, and is
KUU Inks Deal with Austrian National Ski Team
KUU, the Canadian manufacturer of competition race waxes and tuning equipment, is now an “Official Supplier” to the Austrian National Ski Team. KUU inked this agreement earlier this month, which applies to both Austria’s world famous Alpine team as well a
Eldorado Wall Co. and Franklin to Sponsor USA Climbing Nationals
Eldorado Wall Company and Franklin Handholds will be the Presenting Sponsors for the 2005 USA Climbing National Championships, hosted by MetroRock in Everett, MA, July 1-3, 2005. This event will be the culmination of the Difficulty and Speed Climbing 2005
Perry Ellis Announces New Nike Swim SVP
Perry Ellis International, Inc. announced that Al Derago was appointed senior vice president of the Nike swim division. Mr. Derago will report to Oscar Feldenkreis, president, vice-chairman, and COO of Perry Ellis International. Mr. Derago will be based i
Diadora America Acquires Kaelin Worldwide License
Diadora America, Inc. acquired the Kaelin license from Ermine Investments of California. Under the licensing agreement, Diadora America has the worldwide license (excluding Japan) for the Kaelin brand. From an operational standpoint, the licensing agreeme
Sorbothane To Present the Philly Trialthlon
Sorbothane Performance Insoles signed to present the Philadelphia Triathlon in Fairmount Park, the nation’s newest, big-city, Olympic-distance triathlon, on June 26, 2005. The relationship provides a foot-bed of direct contact with the 1,400 or so athlete
