adidas Group reported that second quarter Group sales increased 59% on a currency-neutral basis, driven by the consolidation of the Reebok business segment as well as higher than anticipated double-digit growth of both adidas and TaylorMade-adidas Golf. S
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Nike Shuffles Management Deck
Nike shifted a large section of its managment team, promoting Gary DeStefano, previously head of U.S. Operations, to President, Global Operations; Trevor Edwards, previously Vice President, Global Brand Management, to Vice President, Global Brand and Cate
Label Networks: Snowboarding Poised for Growth
When it comes to the 13-24-year-old North American demographic, snowboarding is one of the main sports poised for the most significant growth, as revealed in results from Label Networks’ 2nd annual Snowboarding Youth Culture Profile Report. 61.7% of “non-
Speedo Signs 4-year Supplier Agreement with USA Triathlon
Speedo has signed a four-year agreement with USA Triathlon to become its official swimwear, uniform, and competition apparel through 2009. The brand will be worn by Team USA triathletes at the 2008 Beijing Olympics, expanding Speedo’s presence at the Olym
Egeck Leaves VF Outdoor; Gatto Takes Over
VF Corporation has named Dave Gatto President of its Outdoor Americas coalition. Gatto previously served as President of the Reef brand, which VF acquired in 2005. VF also announced that John Wilson, Vice President of Domestic Sales and Apparel for Reef,
Springboost Names VP/GM; Adds to Sales Force
Springboost has expanded its sales rep force. Newly added to the team are Julie Hasson and Paul Tobin of H & T Sales, Cartledge, Jerry Panowicz, Ken Geisinger, and Keith Frank. In addition, the company added a new VP and General Manager, Kevin Johnson,
PUMA Q2 Bottom Line Shrinks on Shifting Markets, Heavier Marketing, and Retail Expenses…
Puma basked in the glory of a winning team at the 2006 FIFA World Cup and saw a nice boost in apparel sales as a result of their efforts, but heavy investments in the event, coupled with continued investments in the company’s Phase IV initiatives led to a
Garmin Continues Upward Momentum in Q2…
Garmin continues its sharp growth curve, riding on the popularity of personal navigation devices and outdoor/fitness GPS devices. The company grew sales during the second quarter by 64% to $432.5 million. 1,281,000 units were sold in the second quarter of
WSA Day Two
The second day of The WSA Show took on an international flavor with delegations arriving from France, Germany and Italy. In addition, show guests were treated to a Style Talk session hosted by television personality Lawrence Zarian, a frequent style comme
Swenson and Knowles Join Wasatch Ski Distribution
Pete Swenson and Rick Knowles have joined Wasatch Ski Distribution LLC as independent representatives to help market Ski Trab products. Pete, of Boulder, Colorado; currently works as the Vice President of sales for Mayfire, inc, where he markets co-op ad
Payless Sees Slight Q2 Comps and Sales Gains
Payless ShoeSource, Inc. saw comparable store sales increase 2.2% during the second quarter. Total sales for the quarter were $706.4 million, a 1.8% increase from $693.9 million during the second quarter 2005…
Wal-Mart and Sam’s Club Stores Add to Top Line In July
For the month of July, Wal-Mart Stores, Inc. saw sales at its U.S. Wal-Mart stores increase 8.4% to $16.54 billion from $15.26 billion last year. Comparable sales at the stores increased 2.3% for the month on top of a 4.5% increase in the year-ago period
Saks July Comps Up 2.4%; Biz Sales Hurt Top Line
Retailer Saks Incorporated saw comparable store sales increased 2.4% for the month of July, but total sales decreased 36.4% to $216.4 million as a result of the sale of Proffitts, McRae's,and the NDSG business. By segment, comparable store sales decr
Winter Trails Hits the Southeast
Sugar Mountain Ski Resort, an alpine ski and snowboard destination in the mountains of North Carolina, has been added as the southernmost venue on the east coast for Winter Trails, an international program that offers children and adults an opportunity to
Native Eyewear Taps Frederick for Ops and Finances
Native Eyewear proudly added Ken Frederick to their management team. In his new role, Mr. Frederick will oversee all Operational and Financial responsibilities…
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