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Footstar Shareholder Stirs the Pot…

Footstar Inc.’s second largest shareholder, Chapman Capital LLC , which holds a 7.1% stake in the parent company to Footaction , Just for Feet and Meldisco, filed papers last week with the Securities and Exchange Commission that called for the resignation

Kellwood Gets “Phat” with Urban Plans…

Kellwood is getting “Phat” after the company reported that it will acquire Russell Simmons’ Phat Fashions LLC in a deal that is reportedly worth $140 million in cash plus earnouts and additional incentives…

Malden Now a Political Focal Point…

After a barrage of lobbying from several politicians from both parties, the U.S. Export-Import Bank has agreed to the full $35 million in loan guarantees that former Malden Mills CEO Allan Feuerstein needed to secure funding to regain control of his compa

Westerman is New VP Global Mkting at FILA

Sport Brands International (SBI) has named Fila USA's current VP Marketing Communication, Mark Westerman, as Vice President Global Marketing Communication for Fila. Mr. Westerman is the latest in a series of new appointments at the company which, was

SGMA Releases Annual State of the Industry Report

There is further retail consolidation among retailers, as well as manufacturers. Internet sales strengthen. Licensed sales gain momentum. Federal funds back P.E. Those are just a few of the topics in the 2004 SGMA International State of the Industry r

Kellwood Gets ‘Phat’ in Simmons Deal

Kellwood Company and Phat Fashions, LLC announced the two parties have reached an agreement for Kellwood to acquire Phat Fashions, its licensing organization and its prized trademarks, Phat Farm®, Baby Phat®, and Phat®. The announcement was made at a pres

Saks December Comps Grow 5.1%

Retailer Saks announced that for the five weeks ended January 3, 2004 compared to the five weeks ended January 4, 2003 total sales increased 6.3% and comparable store sales increased 5.1% on a total company basis. By segment, comparable store sales increa

December Comps at May Dept. Stores Grow 1.1%

The May Department Stores reported preliminary net sales of $2.52 billion for the five-week period ended Jan. 3, 2004, a 2.3% increase from $2.46 billion in the similar period last year. Store-for-store sales increased 1.1%. December store-for-store sal

Gore Joins Winter Feels Good Program

W.L. Gore & Associates joined SnowSports Industries America's (SIA) national consumer initiative, Winter Feels Good, as the official outerwear sponsor. Launched last September, Winter Feels Good is a national consumer awareness campaign designed to s

West Marine December Comps Up 2.3%

West Marine, Inc. reported that net sales for the six weeks ended January 3, 2004 were $53.1 million, a 44.2% increase from net sales of $36.8 million for the five week period a year ago. Comparable store net sales for December increased 2.3% compared to

Brosnahan is New VP of US Sales at Pony Apparel

Global Brand Marketing, Inc., announced the appointment of Michael Brosnahan to Vice President of U.S. Sales of Pony Apparel. In this newly created position, Brosnahan will oversee all aspects of US sales operations for the apparel division of Pony Intern

Leisure Trends Adds New Biz Dev Head

The Leisure Trends Group announced that David W. Scott has joined the firm as Director of Business Development effective January 1, 2004. Most recently David was Vice President of Commercial Operations for Tamarack Resort, L.L.C., a year-round resort in

Wilson and TCA Ink Cross Promotion Deal

Wilson Racquet Sports and Tennis Corporation of America have signed a three-year contract representing a commitment by both companies to further endorse the products and services that each company sells. Wilson will be the Official Ball for TCA. TCA wil