Matt Serra has been Foot Locker Inc.'s chairman of the board since February 2004, CEO since March 2001, and president since April 2000. He was the company’s COO from February 2000 to March 2001 and was president and CEO of the Foot Locker Worldwide d
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ASA to Move Sportfishing Summit to Denver
Because of complications stemming from Hurricane Ike, the American Sportfishing Association has moved the 2008 Sportfishing Summit to Denver, CO. The Sportfishing Summit, originally scheduled to be held in Galveston, TX will now take place at Denver’s Br
GSI Commerce to Acquire Innotrac Corp.
GSI Commerce has agreed to acquire publicly traded Innotrac Corp. in a $61.9 million deal that will speed up delivery's for GSIC's existing partners. Innotrac reported operating income of $4.5 million on net revenues of $128.2 million for the ye
The Finish Line Names Lyon as Next CEO
The Finish Line, Inc. President Glenn S. Lyon will replace the company's CEO Alan H. Cohen as CEO when he retires Dec. 1, 2008. Cohen will remain chairman of the Finish Line board of directors. Upon his appointment as CEO, Lyon is expected to join Th
Boxercraft Undergoes Recapitalization
Boxercraft Inc., a manufacturer of spiritwear and collegiate licensed apparel based in Atlanta, has undergone a recapitalization through River Associates Investments, LLC and Boxercraft’s management. The recapitulation was supported by a $21 million “one-
Bush Signs Order Regulating Recreational Fishing
On Sept. 26, President Bush signed an amendment to the 1995 Executive Order on recreational fishing that ensures that federal agencies must maintain recreational fishing on federal lands and waters, including marine protected areas. This Executive Order r
Nike Names VP/GM, Men’s Athletic Training
Nike Inc. appointed Nike veteran Kris Aman as VP and GM of men’s athletic training. Aman has been with Nike for 12 years and most recently served as the global GM of Beijing ’08. Aman will lead an integrated consumer-oriented focus across footwear, appare
Still Running Strong
Will a lagging economy stem the growth of one of America’s most popular sports?
In its annual State of the Sport series, Running USA examines how patterns in corporate, consumer and running behavior have changed over the past decade and what lies ahead f
Nike, Inc. Helps Drive a Healthy U.S. Market
As the sky falls on Wall Street and industry retailers and vendors wring their hands in troubled anticipation of what the financial crisis facing Main Street will mean to their businesses, a little company outside of the sleepy Northwest city of Portland,
Study: IBD Clients Are Mostly Male, Married and Monied
A study released at Interbike Wednesday shows independent bike dealers may want to add a little age to their staff.
The study by the direct marketing firm Catalyst Communications concludes that nearly 95% of IBD’s core customers are age 30 or older. They
Ahnu Signs on with Plus 3 Network
Ahnu Footwear will donate up to $10,000 to The Conservation Alliance as the charter outdoor industry sponsor of the Plus 3 Network, a free web-based community that challenges Americans to record and earn rewards for their exercise miles…
Wal-Mart Vows to Cut Plastic Bag Usage by 33%
Wal-Mart Stores, Inc. took another big stride in its sustainability efforts when it committed to reduce its global plastic shopping bag waste by an average of 33% per store by 2013. To reach this goal, Wal-Mart will reduce the number of bags given out by
Retailers Urge Congress To Pass Bailout Plan
The National Retail Federation called on Congress to act immediately on legislation to address the nation’s financial crisis, while one leading retail executive urged them to also take the opportunity to crack down on short sellers and make needed financi
OIWC Announces Pioneering Women, First Ascent Awards
OIWC has recognized two bike industry women who have shown true leadership with the Pioneering Woman and First Ascent Awards. Deborah Hubsmith, director of the Safe Routes to School National Partnership, is being recognized for her leadership with the thi
Study: IBD Clients Are Male, Married and Monied
A study released at Interbike Wednesday shows independent bike dealers may want to add a little age to their staff. The study found that nearly 95% of IBD's customers are 30 or older, 69% are male and 85% are married compared to national averages of
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