Skechers Licenses Name for Sportswear
SKECHERS announced that Paul Davril, Inc. (PDI) has been named the licensee for SKECHERS-branded men's and women's sportswear apparel in the United States. The line will launch in department and specialty stores in spring 2005…
Variflex Swings to Fiscal Q1 Loss on Lower Sales
Variflex reported a net loss of $477,000 or ($0.10) per diluted share, on net sales of $12.1 million for the fiscal first quarter ended October 31, 2003, compared to net income of $11,000, or ($0.00) per diluted share, on net sales of $12.6 million for th
Deckers Inks Teva Watch and Eyewear License Deal
Deckers Outdoor Corporation has signed two license agreements for watches and eyewear with Capo, Inc. for the U.S. and Canada. Under the terms of the agreement, Capo will design and market Teva branded watches and watch accessories and Teva branded eyewe
Stamminger to Head adidas America; Moves Global Marketing to U.S.
adidas-Salomon AG is moving key global marketing functions and personnel to its American headquarters in Portland, OR. Erich Stamminger, Member of the Executive Board of adidas-Salomon responsible for Global Marketing, will assume additional responsibili
Jazz Golf Holds Rights Offering
Jazz Golf Equipment will be commencing a rights offering to shareholders. All registered shareholders of Jazz resident in British Columbia, Alberta, Saskatchewan, Manitoba and Ontario will receive one right for each Class A common share held at the record
WWW Announces Stock Repurchase Program
Directors of Wolverine World Wide, authorized the repurchase of an additional 2.0 million shares of the Company's common stock through open market or privately negotiated transactions over a two year period. The new
authorization follows similar rep
Collegiate Pacific Declares Dividend
Collegiate Pacific's Board of Directors approved and declared a quarterly cash dividend of $0.025 per share on the company's common stock for the second quarter of fiscal 2004…
Online Retail Come Into Its Own This Holiday Season
Online retailers are giving thanks for an increase in sales over Black Friday weekend, according to the findings of a new Shop.org/BizRate.com eHoliday Mood Study. The second installment of the study found that more than half of retailers saw sales incre
Sibley’s to Shut Down Operations…
Sibleys Shoes Inc., a key bellwether retailer for urban footwear trends in the Detroit market, said Wednesday that it will close its 29 retail shoe stores in Michigan and Ohio. The closures would signal the end of an 83 year run that started with a singl
After Some Turkey, Mall Retailers Take Aim at the Golden Goose…
While many of our gentle readers were lounging at home, top pants button undone, sated with the Holiday repast, Sports Executive Weekly was out pounding the tile in search of key indicators for this critical holiday season. Due to the realities of geogra
Next, Inc. Bank Won’t Call Note Despite Default Status
Next, Inc. announced that, as a result of the previously disclosed complaint against its former CEO, the Company is in default under its credit facility with LaSalle Business Credit, LLC. The Company is not in default regarding any financial covenant of t
Forzani Group Q3 Earnings Fall 25% as Comps Dip
The Forzani Group Ltd. reported retail system sales for the third quarter ended November 2, 2003 grew by 6.0% to C$260.6 million from C$245.9 million a year ago. Combined revenues, consisting of retail sales from corporate stores and wholesale sales to fr
LOWA Boots Opens New Stamford Offices
LOWA boots officially opens their new doors on Monday, December 1, just in time for the holiday rush. Over Thanksgiving week-end, the LOWA staff will complete the move from their warehouse facility in Burlington, Vermont and corporate offices in downtown
Five Ten Expands McDaniel Sales Territory
Five Ten Footwear is pleased to announce that their long time rep, Robert McDaniel, will be expanding his territory to include Missouri and Kansas. Robert has been representing the 5.10 line since 1998 in the south-central
U.S. territory which includes
GBMI Appoints Ad Agency for Pony Brand
Global Brand Marketing, Inc. has announced that Goodby, Silverstein & Partners has joined as the advertising agency of record for the Pony account…