GBMI Names VP and Controller
Global Brand Marketing, Inc. appointed Vance Belloni as Vice President and Controller. Belloni will be responsible for management and external reporting, internal control, relationship with public accountants, accounts payable, billing and cash management
Zumiez June Comps Jump 12.4%
Zumiez Inc. saw total net sales for the month of June increase 38.2% to $21.2 million, compared to $15.3 million for the same period last year. The company's comparable store sales increased 12.4% for the five-week period, versus a comparable store s
K2 Sports Wins IDEA Award
K2 Sports was honored by the Industrial Design Society of America (IDSA) with a Silver IDEA award for its new women’s Moxie Snow Helmet. The Industrial Design Excellence Awards recognize design innovation in a broad range of categories from consumer produ
Johnson Outdoors Closes NY Plant Due to Flooding
Johnson Outdoors Inc. is temporarily closing its Binghamton, New York plant and administrative offices due to flooding from heavy rains. Binghamton is home to Johnson Outdoors' Outdoor Equipment Group business, which makes and markets consumer, comme
Stride Rite Changes Pension Plan
The Stride Rite Corporation has adopted changes to its defined benefit pension plan effective December 31, 2006, and will significantly increase matching contributions to its defined contribution plans beginning January 1, 2007. These changes will shift t
Burton Acquires Channel Islands Surfboards
Channel Islands Surfboards' has been acquired by Burton Snowboards. The founders of each company, Al Merrick and Jake Burton Carpenter, forged an agreement over the fact that they share a similar mindset and passion for their respective sports. Chann
adidas World Cup Sales Exceed Expectations
For adidas, the 2006 FIFA World Cup has proven to be a “great commercial success” with record football sales of over €1.2 billion ($1.45 billion), up more than 30% from 2005. A record 3 million replica jerseys were sold, which included 1.5 million jerseys
REI Appoints New VP of e-Commerce
Recreational Equipment, Inc. appointed Brad Brown vice president of E-Commerce and Web Strategies. Brown will lead the development of the next generation of REI.com as the site approaches its 10-year anniversary.
Stride Rite Q2 Sales and Earnings Climb
The Stride Rite Corporation second quarter fiscal 2006 sales were $194.0 million, an increase of 22% compared to the same period in the prior year. Net income for the second quarter totaled $16.9 million or 45 cents per diluted share, compared to net inco
Nike Hits $15 Billion in Fiscal 2006; Q4 Earnings Slip
Nike, Inc.'s 2006 fourth quarter revenues increased 8% to $4.0 billion, compared to $3.7 billion for the same period last year. Fourth quarter net income declined 5% to $332.8 million, compared to $349.5 million in the prior year, and diluted earning
Zumiez Completes Fast Forward Acquisition
Zumiez Inc. has completed its previously announced acquisition of Fast Forward, an action sports retailer with 19 stores, mostly in Texas and a web store. The acquisition was funded from cash on hand. The company expects the acquisition to add a penny to
Brunswick Appoints European President
Brunswick Corporation named Jacques A. Bronchart as president – Brunswick European Group. Bronchart most recently served as president of Marine Power Europe and has helped lead Mercury Marine's sales and service efforts in Europe, Middle East and Afr
Mammut Forms Benelux Subsidiary
Mammut Sports Group Benelux BV has been formed to reinforce Mammut's efforts in teh region. Mammut Sports Group Benelux BV will focus on continuous reinforcing of the three countries of Belgium, the Netherlands and Luxembourg and will support all act
Dunham Adds to Product Development Team
Boston-based Dunham announces the addition of industry veterans Bob Bischoff and Sean Cox to its Product Development Team. As Senior Product Developer IIs, both Bischoff and Cox will be responsible for the research and development of all the brand’s prod
Golf Galaxy Shares Fall on Reduced Guidance; Meets Reduced First Quarter Outlook…
Golf Galaxy, Inc. posted its 13th consecutive quarter of comp sales improvements, though not to the level of initial targets, but took a major hit from analysts after reducing their expectations for the year. In a conference call with analysts, manageme
