NIKE, Inc. announced the appointment of five executives to key posts. Tom Arndorfer has been appointed as Vice President and Chief Financial Officer of Nike USA; Jim Carter as Vice President, General Counsel; Adam Helfant as Vice President of U.S. Sports
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West Marine August Comps Up 1.1%
West Marine, Inc. reported that net sales for the four weeks ended August 23, 2003 were $59.2 million, a 26.5% increase from net sales of $46.8 million for the same period a year ago. Comparable store sales increased 1.1% from the same period a year ago..
adidas Signs Young Sprinter to Endorsement Deal
adidas has signed sprinter Allyson Felix, the 2003 Gatorade Female Athlete of the Year, to a product endoresemnt and marketing deal. Felix has gone from a nationally ranked junior, to a competitor at the World Championships. Earlier this year, Felix ach
Rodale Releases H1 Profits
Rodale continues its strong performance trend for the first half of '03, it was announced today by Steve Murphy, President and CEO of Rodale Inc. The first half of '03 was up an additional 14 percent in terms of overall revenues compared to the
As Foot Locker Sees Positive Back-to-School Signals…
While the good news here can’t be heralded as the “Miracle on 34th Street” just yet, Foot Locker is showing signs that it is reaping some benefits from the improving overall retail picture…
Environmental Awareness is Working its Way Into Manufacturing…
The International Organization of Standardization has granted Grivel “14001 certification” for sustainable development…PrAna is joining Patagonia and MEC as the only 3 outdoor clothing manufacturers who use organic cotton…On top of these developments,
Foot Locker Q2 Net Income Up 14% Despite 4.4% Comp Store Decline
Foot Locker, Inc. reported that second quarter income from continuing operations increased 14% to $0.25 per share, or $37 million, from $0.22 per share, or $33 million last year. For the 13-week second quarter period, sales increased 3.5% to $1,123 millio
The Wet Seal Shuffles Executives
The Wet Seal, Inc. has appointed Allan D. Haims as President of the Wet Seal division and fashion designer Victor Alfaro as Senior Vice President, Creative Director. Susan O'Toole, the current president of the division, will take on the new role as
Nike Moves Caramelo Anthony to Jordan Brand
Jordan, a division of Nike, Inc., announced the addition of Carmelo Anthony to Team Jordan. The newly minted Nugget signed with Nike in June 2003 and will now be a part of the Jordan family, donning the Jumpman logo and joining other elite professional a
Black Diamond Wins Moving Mountains Award
Black Diamond has been recognized as the 2003 Moving Mountain Industry Award Winner. Well-known within the outdoor not-for-profit community, Black Diamond received the award at the Outdoor Retailer Summer Market in Salt Lake City, Utah on Friday, August 1
OIA Installs New Board Members and Officers
The Outdor Industry Association announced that the new executive committee will be led by Lee Fromson, CEO of Cascade Designs, who succeeds Steve Barker as Chairperson. The officer slate is comprised of: Mike Wallenfels, vice-president of sales and market
Johnston Joins Canari Cyclewear
Canari Cycle Wear announced the appointment of James S. Johnston as General Manager of Canari. Johnston, a 28-year veteran of the performance sports apparel industry, will take up this newly created position at Canari's headquarters in Vista, CA…
True Temper Sees Benefit from Increase in Q2 International Sales
True Temper Sports, Inc. announced that net sales for the second quarter increased 8.7% to $32.5 million from $29.9 million during the second quarter of 2002. Total international sales increased by 23% when compared to the second quarter of 2002. Net in
adidas Lays Out Plan for Troubled U.S. Market…
adidas expects fashion-driven footwear to be a short-lived trend in the U.S. market and is betting long term on performance as the primary driver of the brand in the U.S. Parent company adidas-Salomon laid out a strategy for the U.S. that puts “additiona
Major league Baseball Inks Landmark Licensing Deals…
In the most recent ESPN Sports Poll, almost a quarter of all respondents picked the NFL as their favorite spectator sport. No real surprises with that result, except that it might be a little low, but it was the number two spot we found interesting…
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