New Balance Athletic Shoe, Inc. announced that it will sponsor Major League Lacrosse, the premiere professional outdoor lacrosse league. The league launches its third season this year…
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The Sportsman’s Guide Appoints New Outside Director
The Sportsman's Guide announced that Darold D. Rath has been appointed to the Company's Board of Directors effective immediately. Rath is a Certified Public Accountant…
Fila Extends Bonds Deal; Partners with Footaction on Show Launch
Fila has extended its endorsement agreement with baseball star Barry Bonds through 2006. The deal with Bonds represents will enable Fila to expand its cross-training business with Footaction, debuting an exclusive Bonds product launch there during the Al
GBMI Taps David Orr to Lead Pony Effort
Global Brand Marketing, Inc. has named David Orr as Vice President of Sales for Pony International. Mr. Orr, most recently Director of US Footwear Sales at adidas, will be responsible for all US footwear sales for Pony International and will be working o
SIA Trade Show Commitee Aligns on Show Dates
The SnowSports Industries America (SIA) Trade Show Committee met last week to review initial plans for the next SIA SnowSports Show that will take place January 26-29, 2004, at the Mandalay Bay Convention Center in Las Vegas. It will be preceded again nex
Global Brands Acquires Aris Brands
Aris Industries, Inc. announced Wednesday it has signed a definitive trademark purchase agreement with Global Brand Holdings, LLC (“Global”) providing for the sale of the XOXO, XOXO IN AMERICA AND ABROAD, FRAGILE and LOLA trademarks and related assets for
KSA Offers Survival Strategies for Difficult Economic Times
Retailers must focus their attention on eight retail priorities to survive in difficult economic times says Phil Kowalczyk, Managing Director, North America for Kurt Salmon Associates (KSA). “Successful retailers know they must consistently focus on devel
Spiegel Gets DIP Financing Final Approval
The Spiegel Group announced that it has received final Bankruptcy Court approval for the full amount of its $400 million senior secured debtor-in- possession (DIP) financing facility…
Retailers Welcome Debit Card Lawsuit Settlement
The National Retail Federation has welcomed the settlements reached with Visa and MasterCard this week in a federal antitrust lawsuit brought by U.S. merchants against the two companies regarding their debit card practices. The settlements came in a laws
Best Takes Helm at JD Sports as U.K. Retailer’s Results Falter
U.K. retailer JD Sports revealed a boardroom reshuffle as it revealed “disappointing” set of financial figures. Co-founder John Wardle will move from executive chairman to executive deputy chairman, to be replaced by former Reebok executive Roger Best.
Wilson Golf and Racquet Sports Names Management Team
Wilson Sporting Goods Co. has further restructured management at its newly formed Golf & Racquet Sports division. Wilson parent Amer Group announced changes earlier in the week that saw the Golf & Racquet Sports division emerge as a separate operating un
adidas Q1 Hit by Weak Dollar; U.S. Backlog Heading Lower
adidas-Salomon reported sales for the first quarter ending March 31, 2003 increased 2% to €1.67 bn ($1.8 bn). On a currency-neutral basis, sales grew 12%. The Group's net income increased 19% to €51 million ($55 million) in 2003. adidas revenues inc
Ross Stores to Move Headquarters to Pleasanton, CA
Less was not more in this case for Ross Stores Inc., the discount retail chain whose slogan is “Dress For Less.” Having outgrown its long-time home in Newark, CA, the discount retailer said Tuesday that it plans to move its corporate headquarters into a
Rawlings Acquires ABC Helmet Company
Rawlings Sporting Goods Company Inc. has signed a definitive agreement to acquire certain assets of the ABC Helmet Company. The cash transaction is expected to close in the third quarter and is intended to help build on Rawlings' strength as the num
Kmart Adds General Counsel
Kmart Corporation announced that Harold W. Lueken will join the Company as Senior Vice President and General Counsel, effective May 12, 2003. Reporting to President and CEO Julian C. Day, Lueken, 41, will be responsible for the Company's Legal and H
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