Ashworth Appoints CFO; COO Departs…
Ashworth, Inc. has appointed Peter S. Case to the position of EVP, CFO, and treasurer. He has been acting in an interim role. Peter Holmberg was also promoted to EVP of merchandising, design, and production. Per Gasseholm has resigned from his position as
Intrawest Sees Growth in Ski and MTB…
Intrawest mountain resorts experienced mixed results with generally good weather conditions in the East and in the U.S. west, but this was offset by the most unfavorable weather conditions for the ski industry in 40 years in British Columbia. Total skier
Black Diamond Expands Management Team to Support Growth…
Black Diamond Equipment is expanding its management team in an effort to support recent growth. BDE has created ten new middle and upper level positions in the design, engineering, information systems, management, and sales departments, stating that its r
Tecnica USA Appoints VP/GM of Footwear
Tecnica USA announced the appointment of Kevin Dixon as vice-president, general manager of its footwear division. As footwear division manager, Dixon will be responsible for all aspects of the footwear line and will report directly to Tecnica Group CEO J
Forrester: US Online Sales to Reach $329 Billion in 2010
According to a new forecast by Forrester Research, Inc., the second decade of eCommerce will be marked by innovations that will make online shopping easier and more engaging, which will boost US online retail sales from $172 billion in 2005 to $329 billio
Russell Corp. to Miss Estimates; Katrina Will Hurt Even More
Russell Corporation announced today that it expects fully diluted earnings per share for the third quarter of 2005 to be between 50 cents and 60 cents and full year earnings in the $1.25 to $1.35 range on an ongoing basis, which is below the company'
Yue Yuen Fiscal Q3 Net Hurt by Oil and Labor Costs
Yue Yuen Industrial (Holdings) Limited reported that revenues for the fiscal third quarter ended June 30 rose 11.9% to $859 million and net profit declined 9.9% to $84 million year on year respectively. The Group’s gross margins were affected by increase
Zoic Hires Pat Flanagan as Sales Director
ZOIC Clothing hired Pat Flanagan as director of sales. Pat brings over 20 years of sales and marketing experience to ZOIC, including 8 years spent building sport specialty distribution for Clif Bar, Inc. “We identified sales leadership as a critical nee
GSI Commerce Inks Agreement with NY AG Over Web Partnering Practices…
The Associated Press is reporting that GSI Commerce has agreed to adopt changes in its pricing practices after New York Attorney General Eliot Spitzer accused the Internet services company of going “too far when it manipulated the prices of competing spor
Second Quarter Retail Results Get Boost from IPO’s, Mergers and Acquisitions…
The retail sector offered little excitement in the second quarter as athletic specialty and sporting goods retailers settled into their newly merged formats that produced little energy in the comparable store line. Genesco’s triumvirate of specialty name
Warnaco Swimwear President Appointed to International Swimming Hall of Fame Board
Roger Williams, president of the Warnaco Swimwear Group, was appointed to the new board of directors of the International Swimming Hall of Fame, joining 14 other business leaders and sports personalities it was announced today by Mark Spitz, Chairman of t
Black Diamond Expands Management Team to Support Growth
Black Diamond Equipment created ten new middle and upper level positions to enhance innovation and streamline efficiencies. Black Diamond said that the company's recent growth, and confidence in its continued growth, has led to the hiring of experien
Saucony Shareholders Approve Stride Rite Merger
Saucony, Inc. announced that shareholders had voted overwhelmingly to adopt the merger agreement allowing The Stride Rite Corporation to acquire Saucony. At the Special Meeting of Shareholders approximately 86% of the company's Class A Common Stock a
Sport-Haley Reverses Q4 Loss on 10% Sales Gain
Sport-Haley reported net income of $587,000 for the fourth quarter of its fiscal year ended June 30, 2005, or 23 cents per share, as compared with a loss of ($1,659,000), or (55 cents) per share, in the fourth quarter of the previous fiscal year. Net sale
Leaked Memo Proposes Broad National Park Service Changes…
The National Parks Service and the Department of the Interior made headlines all over the country last week, largely in editorial columns, due to a leaked memo that proposes drastic re-writes of the fundamental purpose behind the National Parks Service. T
