The first sentence in the Just for Feet fraud case was handed down on Thursday, with adidas America’s Timothy R. McCool receiving an eight-month sentence and a $10,000 fine. He pled guilty in October to conspiracy to submit false statements to the audito
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Timberland Appoints New Global Marketing Chief
The Timberland Company announced the appointment of Carol Yang as Vice President of Global Marketing. In her new role, Carol will be responsible for directing overall brand strategy and marketing communications for the Timberland brand worldwide. She will
Outside Magazine Fights Inactivity in College Students
Outside Magazine announced the launch of “Outside University,” a nationwide tour of colleges and universities designed to promote an active lifestyle to a new generation of enthusiasts…
adidas’ McCool Receives Eight Month Sentence in JFF Fraud Case
The first sentence in the Just for Feet fraud case was handed down on Thursday, with adidas America’s Timothy R. McCool receiving an eight-month sentence and a $10,000 fine. He pleaded guilty in October to conspiracy to submit false statements to the aud
Nike Fiscal Q3 Net Income Up 61% on 21% Revenue Gain
Nike, Inc. reported revenues for the third quarter ended February 29, 2004 increased 21% to $2.9 billion, versus $2.4 billion for the same period last year. Third quarter net income totaled $200.3 million, or $0.74 per diluted share, compared to $124.7 mi
Aguilar Exits Malden; Allen Assumes Top Sales Role
Malden Mills Industries, Inc. has announced that Executive Vice President of Sales and Marketing, Cesar Aguilar, has resigned his position after 27 years with the company. Jim Allen, Director of Sales North America, will be assuming Mr. Aguilar’s primary
Yue Yuen Posts 35.8% Profit Increase for Q1
Yue Yuen Industrial Holdings Limited announced its unaudited consolidated results for the three months ended 31st December, 2003. Turnover and net profit increased year-on-year by 5.4% to US$644.7 million and
35.8% to US$93.9 million respectively…
Chain Store SnowSports Sales Up 1.8% for 2004
Overall sales at chain stores were up 1.8% in dollars to $378.4 million for August 2003 through January 2004 as compared to $371.8 million for the same period last season. This increase in sales can be attributed to the growing interest in Nordic and tele
SnowSports Specialty Stores Match Chain Stores with 1.8% Sales Increase for 2004
Overall sales at specialty stores were up 1.8% in dollars to $1.34 billion for August 2003 through January 2004 as compared to $1.32 billion for the same period last season. This increase in sales can be attributed to the growing interest in Nordic and te
NSSRA Hires Roger Kahn as Director of Development
The National Ski & Snowboard Retailers Association is pleased to announce the appointment of Roger Kahn as Director of Development for the association. Kahn will work with NSSRA to identify issues of interest to all retailers and represent these issues to
Five Ten Adds New Midwestern Rep
Five Ten announced the addition of Brian Block to their independent sales force. Block will be in charge of Five Ten's Midwestern territory, including Minnesota, Indiana, Illinois, North Dakota, South Dakota, Iowa, Nebraska, Wisconsin and Michigan…
FIT and SIA Release Design Winners
The Fashion Institute of Technology has recently received some red carpet treatment from the snow sports industry. FIT students were invited to participate in an outerwear design contest and display their entries at two major trade shows. Contestants rece
NRF: Consumers Have More to Spend from Tax Returns This Year
Nearly two-thirds of American families will find themselves with a little extra money to spend this spring. The NRF 2004 Tax Returns Consumer Intentions and Actions Survey, conducted by BIGresearch for NRF, found that 67.6% of consumers (or 145.7 million
adidas Lays Out New Strategies to Build Brand…
adidas-Salomon chairman and CEO Herbert Hainer has finally backed off his chest-pounding claims of grabbing 20% market share in the U.S. –- at least for now – and will instead focus on building a profitable business in North America…
Quiksilver Sets New Base for Business Growth at $1 Billion…
Quiksilver, Inc. just passed the $1 billion sales mark for the trailing twelve months and is already looking at a $3 billion business down the road as it continues to strengthen its control of its brands worldwide, takes aggressive steps to expand its own
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