The Stride Rite Corporation has announced that Richie Woodworth has joined the Company as President of Tommy Hilfiger Footwear. He will report to the company's newly appointed President and COO, Richard T. Thornton. Thornton will report to David Cha
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Nordica Opens New Hampshire Headquarters
Nordica USA has opened the doors at its new corporate headquarters in West Lebanon, NH. The inauguation day event marked the storied brand’s return to New England after a six-year absence. On hand to celebrate the June 2nd opening were Mr. Giancarlo Zan
Davis Named President of Enyce
Sport Brands International (SBI), the new parent company of Fila, Ciesse Piumini and Enyce, has named Evan Davis President of Enyce. Mr. Davis, 39, originally joined Enyce after serving as national sales manager and chief merchandiser for Mecca USA…
Palmer Moving Board Opps to Portland
Palmer Snowboards has moved to Portland, Oregon to work with Nemo Design. Palmer marketing director Bud Fawcett has moved operations to the states in order to get the branding up to the level of their industry leading technical products…
Former SIA Chief Doc DesRoches Passes Away
Ralph A. “Doc” DesRoches, 86, died peacefully on June 30, 2003, at his home on Clearwater Lake in Industry, ME. Doc served as executive vice president and CEO of Ski Industries America (now SnowSports Industries America)from 1963-1981…
Sears Elects Bax To Board
The board of directors of Sears, Roebuck and Co. today announced the election of William L. Bax, 59, former managing partner of PricewaterhouseCooper's Chicago-area practice, to membership on Sears' board of directors. His election increases th
Nike Continues U.S. Slide on Foot Locker Gap…
Nike surpassed many milestones in their fiscal 2003 fourth quarter and year ended May 31, 2003, but Wall Street was looking ahead as the company reviewed their successes over the last year…
Brunswick Corp. Broadens Base…
The folks at Brunswick Corp. have been busy buying up technology and distribution avenues with the $33 million purchase of a majority stake in New Zealand GPS manufacturer Navman, and the $52 million purchase of Pompano FL based Land ‘n Sea Corp…
The “Bible of Baseball” Falls Hard…
The 117 year-old weekly sports magazine, The Sporting News, is being forced into a budget crunch. Nearly 20% of their editorial staff has been laid off and sources say the personnel situation was already tight. The move is part of an effort to cut back
Nike Breaks $10 Billion Barrier in Fiscal Year; Profits Up 13%
NIKE, Inc. reported Q4 revenues increased 11% to $3.0 bn, versus $2.7 bn for the same period last year. Fourth quarter net income jumped 18.1% to $246.2 million, or $0.92 per diluted share, compared to Q4 2002. Full year revenues increased 8.0% to $10.7
Nike Issues Statement on High Court Ruling
The U.S. Supreme Court today dismissed on technical grounds a case in which Nike was seeking to reaffirm the First Amendment right to free and open debate. Nike had challenged in the High Court a California state court ruling that adopted a legal standa
Footstar Surges on Journal Article
Shares of Footstar rose nearly as much as 20% on Tuesday after the Wall Street Journal reported that some analysts and investors are betting recent concerns about the shoe retailer are exaggerated…
Sports Brands Completes Fila Deal…
Sport Brands International, LLC (SBI) on Tuesday closed the $351 million acquisition of all global Fila subsidiaries, which include Fila USA, Fila Sport SpA, Fila Nederland BV, Ciesse Piumini SRL and Enyce, from Fila Holding S.p.A. SBI will also assume a
Margin Alert: Retail Inventories Climbing
Retailers faced soft traffic and deflating prices in Q1, now they have a new worry in the Q2: high inventory levels.
As reported in last week’s SPORTS EXECUTIVE WEEKLY, in their first-quarter earning releases, many retailers reported big jumps in
Fitness Walking Top Activity In SGMA Sports Participation Study
America's seniors are participating in a wide variety of sports and athletic activities. According to SGMA International's recent analysis of the Superstudy® of Sports Participation, low-impact fitness activities and casual outdoor recre
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