Mackey J. McDonald, Chairman and Chief Executive Officer of VF Corporation announced new roles and responsibilities for several members of VF's management team, which are designed to spur and support future growth…
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Back to Back LLC Gets Master License for Kappa
BASICNET S.p.A has executed a Master License Agreement with Back to Back, LLC of New York to distribute KAPPA and ROBE DI KAPPA trademark products in the U.S. The agreement will run for an initial period of 5 years with options to renew for two additiona
Don Ruttenberg to Plead Guilty in JFF Fraud Probe
Don-Allen Ruttenberg, former executive vice president of Just For Feet, Inc. (JFF), has been charged with conspiracy to commit securities fraud, wire fraud, and submitting false statements to the auditors of JFF. Ruttenberg has agreed to plead guilty to
Quiksilver Prevails in Kymsta Trademark Suit
Quiksilver, Inc. has prevailed in its Federal court case against Kymsta Corp. and their claims against Quiksilver and its Roxy trademark. Among other elements, the final judgment also directs Kymsta to refrain from producing any product that is “confusin
The Hockey Company Fills its Trophy Shelf
The Hockey Company was honored with the “Vendor of the Year” award by Play It Again Sports for the second year in a row. Furthermore, THC's Mark Mollica wins Sports Edge's “2003 Sales Rep of the Year” award…
REI Posts 19% Net Income Gain on 9.5% sales Increase
For 2003, REI's operating income increased over 17% from $47.6 million to more than $56 million, with $19.1 million in net income – an increase of more than $3 million or 19% from the previous year. REI also had a 9.5% increase in total sales, from 2
2003 Sales Up 32% for Marin Bikes
Marin Bikes announced that its fourth quarter sales surged 32% in 2003. Additionally, January 2004 was the strongest January ever in the company¹s 18-year history.Much of the boost can be attributed to the tremendous expansion of Marin's Canadian bus
Huffy Widens Loss; Makes Gen-X Cuts…
Huffy Corporation, on the other hand, is looking to its Service group as a profit center and will make the move this year to consolidate all brand operations under one Sporting Goods division, leaving the company with just two divisions. The company said
Hat World Inks Asia Expansion Deal…
Hat World Corp., which was recently acquired by Genesco, Inc., and Mainland Headwear Holdings Ltd. have entered into an a 10-year license agreement to open and operate 200 to 300 stores in Hong Kong and China. Mainland is primarily a manufacturer and exp
adidas CEO Signals U.S. Upside in 2004…
Adidas-Salomon CEO Herbert Hainer was quoted in a Reuters report that the adidas is expecting flat sales in the U.S. in 2004, and may even be “slightly positive”. He said they expect to see “first signs of improvement” in the second half and that it will
Stuck in the Middle with You…
In an exciting and provocative new book entitled Trading Up, Boston Consulting Group members Neil Fiske and Michael Silverman help to explain the seeming disappearance of the middle class shopper. In recent years we have seen the growing strength of the
Billabong Posts 12.3% Net Profit Gain on 27% US Sales Increase
Billabong International Limited announced a strong result for the first six months of 2003-04, with a sharp rise in offshore revenue and improved operating margins. Net profit after tax lifted 12.3% to $40.6 million. After currency conversion, total group
O’Neill Clothing Posts 28% Sales Increase in 2003
O'Neill Clothing has announced record sales for the year ending Dec. 31, 2003. Junior's and accessories sales were up 35% and 93% respectively, while the company enjoyed an overall sales increase of 28%. Since 1997, O'Neill Clothing has p
Raleigh Appoints New President and COO
Raleigh America announced the appointment of Steve Meineke as president and chief operating officer to drive the company’s rejuvenated brands, products, services and marketing direction. Most recently Meineke served as president of Equus Marketing & Desi
Raleigh Appoints New President and COO
Raleigh America announced the appointment of Steve Meineke as president and chief operating officer to drive the company’s rejuvenated brands, products, services and marketing direction…
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