Gregory Mountain Makes New Hires
Gregory Mountain Products, has hired a new controller, materials manager and international/domestic customer service representative. As Gregory transitions to its new downtown Sacramento office, it continues to recruit for several open positions, includin
Zumiez Sees 2.6% Comps Decrease for January
Zumiez Inc. reported that comparable store sales decreased 2.6% for the four-week period ended March 1, 2008, versus a comparable store sales increase of 12.4% for the four-week period ended March 3, 2007. Total net sales for the four-week period ended Ma
Fila EMEA Management Undergoes Buyout
Fila has agreed to a management buyout of its Europe, Middle East, Africa and Indian sub-continent division for an undisclosed sum. Chief executive Stefano di Martino led the buyout and will continue in the same role. Former Adidas global marketing direct
Sports Specialists Limited Adds Board Member
Sports Specialists Limited (SSL), a retailer-owned specialty buying group for the snow sports, action sports, bike, outdoor, and casual outdoor furniture industries, recently elected Alan Newman to its Board of Directors. Alan Newman and his wife Liette a
Hilfiger to Take Footwear License Back
Tommy Hilfiger Group and the Stride Rite unit of Collective Brands, Inc. reached a mutual agreement under which Tommy Hilfiger will bring its men's and women's footwear business in-house effective January 1, 2009. Stride Rite will continue to re
Famous Footwear Sees Q4 Sales Decline 3.2% on One Less Week
Total net sales at Famous Footwear decreased 3.2% to $310.7 million, compared to $320.9 million for the fourth quarter last year. Excluding the impact of the fifty-third week in 2006, net sales increased 2.8%. Same-store sales in the quarter decreased by
adidas Q4 Sales Grow 14% Currency-Neutral
The adidas group reported that fourth quarter revenues grew 14% on a currency-neutral basis, driven by strong sales increases at both adidas and TaylorMade-adidas Golf. Reebok sales, however, declined. On a regional basis, sales grew by double-digit rates
Princeton Ski Shop Hires Firm to Sell Its Real Estate and Leases
Bankrupt Princeton Ski Shop Inc. retained Keen Consultants, the real estate division of KPMG Corporate Finance LLC and its wholly owned subsidiary KPMG CF Realty LLC, to market and assist with the disposition of the company’s retail leasehold interests lo
Dorel Anticipates Dip in EPS on 2.3% Rise in 2007 Revenues
Noting that it was discussing 2007 results with potential investors, Canadian bicycle maker Dorel Industries Inc., said revenue rose 2.3% for the year ended Dec. 30, 2007 to $1.81 billion, as compared to prior year's revenue of $1.77 billion. Dorel m
Jarden Affirms EPS Goals
Jarden Corp. chairman and CEO Martin Franklin said it expected to achieve earnings per share of $3 in 2008 and affirmed its goal of $5 in EPS in 2010 in a presentation to investors. The company set the $3 EPS goal in 2005. Jarden’s Outdoor Solutions unit,
Stonefly Partners with Etonic on Walking Line
Stonefly S.p.A. has entered into an agreement with Etonic Worldwide LLC for the sales and distribution of its line of comfort footwear in the U.S. market. In addition, the two companies are planning to develop a line of casual walking products under the
OBIT: Dennis Charles O’Donnell of O’D Sales
Dennis Charles O’Donnell passed away due to respiratory failure from ALS, more commonly known as Lou Gehrig’s disease, on Feb. 16, 2008, leaving behind family, friends and business associates, all who knew him as “O’D”.
O’D was born on April 21, 1943 at S
Mizuno Introduces
Mizuno has introduced a new community-driven, experiential marketing campaign, called “Run With Us”. This new grassroots campaign will make its debut on March 30th in Atlanta, GA at the ING Georgia Marathon, of which Mizuno is the official footwear and ap
Big 5’s Same-store Sales Fall 4.7% as Wheeled Shoe Sales Plummet
Big 5 Sporting Goods Corporation’s same-store sales fell 4.7% in the fourth quarter, causing net sales to dip 1% to $232.1 million. The rapidly expanding retailer attributed the decline primarily to a worsening economy, but said plummeting sales of wheele
Puma Taps Chalayan as Creative Director
PUMA has appointed Hussein Chalayan as the creative director for PUMA with immediate effect, responsible for designing, creating and developing the sport fashion collections of the brand. PUMA also acquired a majority stake in Chalayan's London-based
