It was announced this morning that Scott Carey, the Nike veteran and former VP of Sales at Brooks Sports, will take the position to head up footwear sales for the Fila US division of the new Sports Brands International. He will report to new SBI Americas
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NPD Appoints New Fashionworld President
The NPD Group announced the appointment of Dennis Brown to president of NPD Fashionworld, the company’s fashion-tracking division. Brown will assume the position formerly held by Diane Nicholson who was appointed vice president, Human Resource Operations.
SGMA Report Indicates Broad Soccer
Soccer is popular in all 50 U.S. states and played not only by children, but also Gen X, Gen Y, and baby-boomers. This fact, along with an in-depth statistical report, is available in SGMA International's Soccer Participation Report – 2003 edition.
Fila Completes Sale to Epstein Group
Fila Holding SpA on Tuesday sold all of its subsidiaries, including Sparks, Md.-based Fila USA Inc., to a Fila management team for $351 million in cash. The new owner is Sport Brands International LLC, whose partners include Fila USA's current chi
SGMA: Extreme Sports Are Still ‘Hot’ in the U.S.
Extreme sports are here to stay – on the American sports scene. These sports run the gamut of shooting, skating, climbing, running, biking, as well as snow and water sports. According to SGMA International's analysis of the current Superstudy® o
Calvin Klein and Warnaco Sign New Swimwear License
Calvin Klein, Inc. a subsidiary of Phillips-Van Heusen Corporation and The Warnaco Group, Inc. announced that they have solidified their ongoing relationship and commitment to develop the Calvin Klein(R) brand by amending certain existing agreements and a
Quiksilver’s Global Reach Shows Sales Gains — and Inventory Pains…
Quiksilver is capitalizing on its own retail stores, a premium brand message and lifestyle image at home to navigate through the negative retail environment as it benefits from a weaker dollar to post higher sales and margins in Europe.
Burma Ban Picks Up Steam in Congress…
Senators Mitch McConnell (R-KY) and Dianne Feinstein (D-CA), two U.S. senators that rarely agree on anything, introduced legislation last week demanding a ban on all imports from Myanmar, the former Burma. The action comes on the heels of the May 30 deta
Quiksilver Fiscal Q2 Net Income Jumps 67% on 40% Sales Gain
Quiksilver, Inc. announced consolidated net sales for the second quarter of fiscal 2003 ended April 30, 2003 increased 40% to $262.2 million compared to net sales of $187.4 million in the year-ago period. Consolidated net income for Q2 was $22.6 million,
Retail Sales Reports Show Consumers Keeping Tight Hold on Purse Strings
Lackluster sales reports from most retail major chains showed that consumers weren't quite ready to loosen their purse strings yet, analysts said Thursday. Additionally, the Labor Department reported Thursday that the number of American workers f
Pacific Trail to Run as Separate Operation
London Fog Industries will separate its three primary divisions–Pacific Trail, London Fog Trade and London Fog Factory Outlet Stores–into independently managed businesses. As FFI CEO, Bill Dragon will continue to direct and oversee all operations of th
Tropical Sells the Duck Head Brand to Goody’s
Tropical Sportswear Int'l Corporation announced has sold the Duck Head trademark to Goody's Family Clothing, Inc. for $4 million in cash. The purchase agreement provides that TSI will be able to continue to sell existing Duck Head inventory for
Gold Toe Manufacturing Temporarily Interrupted
Gold Toe Brands (formerly Great American Knitting Mills) on Monday reported that manufacturing of their socks in Mexico has been interrupted due to a fire at one of their suppliers. The company is confident that this interruption will have minimal impac
The Post Takes on Footstar…
The New York Post, that Bible of American finance, devoted a full page in last Tuesday’s issue to take Footstar to task for its oft-delayed filing of its 10K and 10Q financial reports…
SGMA: Children’s Sports Interests Run The Gamut
Once again, sports, fitness initiatives and fun festivities are the dominant sports/recreational activities for America’s children. That’s the conclusion of SGMA International following its recent analysis of the Superstudy® of Sports Participation