Phoenix Footwear Group received notification from the American Stock Exchange that its additional listing application for the shares of common stock issued as part of the purchase price in its acquisition of the Chambers Belt Company had been approved, re
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Miller Appointed CEO of Scarpa N.A.
Andrea Parisotto, President of SCARPA North America announced the hiring of Kim Miller as the CEO. Starting his career as a Customer Service Manager at Chouinard Equipment Ltd. in 1987. When Black Diamond was formed in 1990, Kim took the post as the Rocky
Black Friday Has Less Impact on Holiday Trend…
Has Black Friday, the day after Thanksgiving that had been the historical tipping point for American retailers to start turning a profit for the year, become much ado about nothing for good? Before the leftovers are all gone, before the numbers are talli
Nike Execs Glad to be Back on Ground…
Bill Perez knew that his move to Nike, Inc. would be an exciting ride, but the company’s president and CEO got more than he bargained for last Monday. National media rushed to a scene that had four execs circling Portland, Ore. for six hours as the compa
The Acquisition Environment Heats Up Again…
The pace of acquisitions in the Outdoor, SnowSports, and Action Sports industries appeared to have eased after two years of heavy activity, but just when the tempo seemed to have peaked, a flurry of new deals came through that surpassed what many thought
Nike Corporate Jet Lands Safely After Mechanical Problems
Bill Perez knew that his move to Nike, Inc. would be an exciting ride, but the company’s president and CEO got more than he bargained for on Monday. National media rushed to a scene yesterday that had four execs circling Portland, Ore. for six hours as t
Famous Footwear Sees Record Q3 revenues on 2.1% Comp Gain
Brown Shoe Company, Inc. consolidated net sales for the third quarter ended October 29, 2005 rose 20.0% to a record $617.7 million versus $514.8 million last year. Sales at Famous Footwear increased 5.3% to $328.1 million for the quarter versus $311.7 mil
Sporting Goods Retailers Take Healthy Momentum into the Holiday Selling Season…
For those that thought the performance business had seen its peak, it was a wake-up call in a week that saw the sporting goods market’s largest full-line sporting goods retailers post solid results that appear to signal a beginning rather than an end to e
ICON Picks Up Jury Award Over Bowflex Claims…
A jury found in favor of ICON Health and Fitness in a court battle against Nautilus that has been on-going since August 2002. The unanimous verdict finds that Nautilus engaged in false advertising when it made three separate statements regarding its Bowfl
RMP Adds Fila to Canadian Distribution Portfolio
Fila has entered into a regional distribution agreement with RMP Athletic Locker Ltd. to selectively distribute the brand in Canada, beginning December 1, 2005. RMP’s Russ English trailed Fila for three years in a bid to add upscale performance to the com
MTRiP: Mountain Resorts Seeing Strong Start to Season
Advance reservations for “room nights” at mountain resort destinations are up 4% compared to the same time last year according to data collected by the Mountain Travel Research Program (MTRiP) as of Oct. 31, 2005. The research also revealed that while mor
Sierra Club Launches New TV Series
The Sierra Club plans to launch a new television series with award winning filmmaker Robert Greenwald, the creative talent behind “Outfoxed” and “Wal-mart: The High Cost of Low Price.” Sierra Club Chronicles will capture the dramatic efforts of committed
Puma Supports 11 World Cup Teams
Puma announced that the company will be the Official Technical Supplier of on-field, sideline, training, and representation apparel, as well as equipment to 11 national teams at the upcoming 2006 FIFA World Cup in Germany…
House Passes Budget; ANWR Saved but Other Lands Threatened
The U.S. House of Representatives passed a budget reconciliation bill by a vote of 217 to 215. Fourteen Republicans joined all voting Democrats and one Independent in opposing the bill. While the budget preserves the Arctic National Wildlife Refuge, it al
Johnson Outdoors Narrows Q4 Loss on 2% Sales Increase
Johnson Outdoors fiscal fourth quarter sales were $77.1 million, an increase of 2% compared to $75.6 million for the prior year quarter. Net earnings for the quarter improved to a net loss of $3.4 million or 39 cents per diluted share versus a net loss of