Body Glove Promotes Jenks to VP, U.S. Licensing.
Body Glove International, LLC promoted Chris Jenks to VP of US Licensing for Body Glove International. For the last three years, Jenks has been the Director of Softgoods for Body Glove. In this new role, Jenks will oversee US licensing efforts and head up
Moosejaw Mountaineering Launches Mobile Shopping Site
Moosejaw Mountaineering announced the launch of the Moosejaw mobile shopping site which allows customers to browse, price compare and shop for their favorite gear using any mobile phone or device…
PolarPak Experiences ‘Bittersweet’ Delivery Delay
Sport Innovation Group, owner of the PolarPak brand, reports that delivery on all Polarpak Hydration Systems, which include the Polarpak and Moflow reservoirs along with the Flowjo waist pack, have been delayed until early- to mid-June. The company noted
Lotto Sees 2006 Turnover Increase 8%
Lotto Sport Italia S.p.A. closed 2006 with a turnover of €277 million ($348.0 mm), increasing 8% over 2005. Geographically, Italy was up 25%; Europe 43%; America 11%; Asia Pacific area 15%; and Africa 6%. In terms of products, growth was spread across all
Globe Int’l Announces Share Consolidation Plans
Directors of Globe International will host an Extraordinary General Meeting of Shareholders of the company will be on Friday June 1, 2007 in Melbourne. Directors will recommend to shareholders a reduction in the capital base of the company of $32 million
K2/Jarden Deal Faces Shareholder Class Action Suit
K2 Inc. and the members of K2’s board of directors (including two of whom who are executive officers of K2) had been named as defendants in a putative shareholder class action lawsuit concerning the sale of K2 pursuant to the merger agreement with Jarden
Garmin Posts Strong Q1 Despite Outdoor Softness
Garmin Ltd. recorded first quarter revenue of $492 million, up 53% from $322 million for last year's first quarter. Automotive/Mobile segment revenue increased 110% to $317 million in first quarter 2007. Outdoor/Fitness segment revenue decreased 5% t
Steve Madden Q1 Earnings Fall on Lower Revenues
Steven Madden, Ltd. reported that first quarter net sales declined 1.5% to $106.7 million from $108.3 million in the first quarter of 2006. Net income was $9.5 million, or 43 cents per diluted share, compared to $10.9 million, or 50 cents per diluted shar
Kenneth Cole Appoints Retail Division Chief
Kenneth Cole Productions, Inc. has appointed Marty Nealon as Divisional President of its full price retail stores and e-commerce businesses, effective immediately. Ms. Nealon has been consulting with the company on strategic initiatives since last August
Kenneth Cole a Winner for Q1, but Guides Lower for Q2
Kenneth Cole Productions, Inc. reported that first quarter net revenues were $129.3 million, an increase of 5.5% versus the year ago level of $122.6 million. Operating income in the quarter increased by 18.7% to $4.3 million versus $3.7 million in last y
SIA: Internet Pushes SnowSports Sales Into Black
According to the SnowSports Industries Association, total sales at specialty stores and via the Internet of Snow Sports product climbed to $2.0 billion for the August through February period. For the August 2006 through February 2007 period, snowsport Int
CLC (Collegiate Licensing Co.) Sold to IMG
Collegiate Licensing Company (CLC), the collegiate trademark licensing agency, has been sold to IMG, the sports, entertainment and media company. Under the agreement, CLC will operate as a freestanding unit within IMG's Sports and Entertainment Group
Walking Co. Opens a Second Milwaukee Store
The Walking Company will open a new 2,100 square-foot location in Wauwatosa, Wis. on May 4. The new store is the company's second in the metro Milwaukee area…
Iconix Sees Acquisitions More Than Double Q1 Licensing Revenue
Iconix Brand Group, Inc. saw licensing revenue for the first quarter of 2007 increase to $30.8 million from $13.3 million in the first quarter of 2006. Net income was $12.7 million, increasing from $7.4 million in 2006, while fully diluted earnings per sh
Highgear Hires New Midwest Rep Agency
Highgear has hired Velocity Outdoors to represent the brand throughout the upper Midwestern region. The states included within this territory are ND, SD, MN, IA, WI, IL, MO and Eastern NE. Velocity Outdoors, a four member agency group, was recently founde
