Oops, We’re At It Again…
<p>Skechers Inc. filed a lawsuit in a federal court in Los Angeles against singer Britney Spears and her companies, alleging fraud and breach of contract…</p>
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Antigua Sells Control to U.K. Company, Gets Donnay Deal…
<p>Antigua Enterprises Inc. will sell to Ashley NA, LLC, a company owned in common with the Sports Soccer and Lillywhites chains of sporting goods stores in the U.K., a controlling interest in the company for $10.25 million…</p>
Nike Adds Aussie Swimwear Licensee…
<p>Nike Swimwear in the southern Asia-Pacific region will now be licensed through Australian swimwear company Seafolly Pty Ltd. The deal announced Monday provides Seafolly with the rights to design, manufacture, market and distribute Nike swimwear in Austra</p>
Galyan’s Profits Up on Weak Comps…
<p>Galyan’s, like so many others in our space, had strong profits on weak sales in the fourth quarter ended February 1, 2003. And like so many other retailers — given the economy and world events — they were unable to give sales guidance for the first qua</p>
…As SVP’s Exit in Cost-Cutting Move
<p>Vans announced that Art Carver, SVP of Global Operations, and Bob Nagel, SVP of Sales and Apparel, are leaving the company as of May 31, 2003. Vans CEO Gary Schoenfeld described the move as “an effort to reduce fixed costs”…</p>
Rocky Shoes and Boots Adds VP Apparel Business Development
<p>Rocky Shoes & Boots, Inc. announced that John Maser has joined the Company as Vice President-Apparel Business Development, a new position, effective immediately…</p>
Huffy Corporation Completes $15.0 Million Term Loan
<p>Huffy Corporation has finalized a $15.0 million subordinated term loan with Ableco Finance LLC, a fund affiliated with Cerberus Capital Management, L.P., and Congress Financial Corporation…</p>
Madonna to Head Spiegel Catalog and Newport News Divisions
<p>The Spiegel Group announced that Geralynn Madonna has been named president and chief executive officer of Spiegel Catalog and Newport News. Ms. Madonna previously held the position of president and chief operating officer of Newport News… </p>
Perry Ellis Appoints Michael Nicklas as Swimwear EVP
<p>Perry Ellis International, Inc. announced the appointment of Michael Nicklas as Executive Vice President of Sales for Jantzen, Inc., a wholly owned subsidiary of Perry Ellis, effective immediately, and will be responsible for all swimwear related apparel </p>
Antigua to Sell Controlling Interest to Ashley NA, LLC
<p>Antigua Enterprises Inc. has entered into an agreement to sell to Ashley NA, LLC common and preferred shares representing a controlling interest in the company for $10.25 million. Ashley NA is owned in common with the Sports Soccer and Lillywhites chains</p>
Thule Nabs Swedish Achievement Award
<p>Thule has been awarded with the Achievement Award 2003 for Corporate Excellence in the “Most Sustained Successful Presence in the U.S. Market” category by the Swedish-American Chamber of Commerce in New York and the Swedish Trade Council in Stockholm…</p>
MC Sports Promotes Three Senior Managers
<p>MC Sports has elected Bill Boer, Senior Vice President of Information Systems and Marketing has been elected to the Board of Directors and appointed Secretary to the Corporation. Additionally, Dan Winchester has been promoted to Vice President and Genera</p>
Cutter and Buck Announces Two Vice Presidents
<p>Cutter & Buck Inc. has appointed Theresa Treat to Vice President and Manager of the Human Resources Group and Brian Thompson to Vice President and Manager of the Corporate Division…</p>
New Balance Hopes PF Flyers Brand Attracts Younger Customers
<p>With retro fashions hot, New Balance Athletic Shoe Inc. is relaunching the PF Flyers brand with a line of casual footwear stylish enough to be sold at a Newbury Street boutique. Shoes for fashionable Newbury Street are a first for a Boston company bes</p>
Cutter and Buck Secures Credit Line With Wells Fargo and Co.
<p>Cutter & Buck has established a $35 million line of credit with Wells Fargo & Company. A new, broad-based relationship between the two companies also includes a number of financial services, such as providing funding support for the company's Seattle</p>
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