The American consumer continued to shop and spend at high levels in February, according to the latest findings of the NRF Executive Opinion Survey, a monthly index by the National Retail Federation (NRF). The Retail Sector Performance Index (RSPI) dipped
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Mavis to Oversee All Product at Brooks
Brooks Sports, Inc. has elevated Stan Mavis to senior vice president of product. Formerly senior vice president of apparel and accessories, Mavis will now take on new footwear management responsibilities to help Brooks leverage recent brand and category g
La Sportiva Lowers Prices on Rock-Climbing Shoes
La Sportiva is lowering wholesale/MSRP prices on all Italian-made rock shoes by 15% to 20%, as reported in The B.O.S.S. Report (BOSS_0405). This means the award-winning Testarossa, formerly $160, will now cost $130. The Venom, its slipper counterpa
Nike Makes U.S. Management Changes
Nike is apparently re-shuffling roles for some key managers in the U.S. market. Claire Hammill, formerly VP of U.S. Commerce and Retail is now VP/GM of New Business Development. Elliot Hill, Formerly VP of U.S. Retail is now VP of U.S. Commerce and Retai
West Marine Reports 13.8% Comp Sales Increase for February
West Marine net sales for the four weeks ended February 28, 2004 were $35.5 million, a 14.0% increase from net
sales of $31.1 million for the four week period a year ago. Comparable store net sales for February increased 13.8% compared to the same period
Everlast Goes to Singapore
Everlast Worldwide announced that it had entered into a licensing agreement with Alantic Sports Pte. Ltd. of Singapore for the launch of Everlast-branded men's, women's and children's apparel; underwear; footwear; socks; and sports bags in
SEC Suit Sheds New Light On JFF Vendor Tactics…
While the Martha Stewart trial has been hyped to no end by the media, once captivating those that adored her efforts to bring good taste to the super market checkout line, the case surrounding the flameout at Just for Feet appears to be capturing all the
Puma AG Keeps the Momentum Going; Margins Jump 500+ Basis Points…
Puma AG said they are two years into their “Phase III” growth plan and believe they can exceed market growth for the balance of the Phase III period that runs through 2006. They see gross margins that continue to run in the 48% to 50% range, SG&A in the
adidas Shuffles Upper Deck in Portland…
Unless you were under a rock last week you know by now that the Germans have established a firmer grip on adidas America, purging more senior management a week ago Friday, most notably Tim Joyce, the brand’s EVP in Portland…
Head NV Sees Nice Winter Sports Gains in Q4; U.S. Dollar Leads to Upbeat Report…
Head NV saw growth across most divisions in Q4, with only Diving showing a decline, but net income took a plunge for the quarter and the net loss for the year widened almost six fold. Head again benefited greatly from its reporting format in U.S. dollars,
Mugs Stump Alpine Climbing Award Winners Announced for 2004
Black Diamond Equipment announced the winners of the
Mugs Stump Award for 2004. Given annually to climbers attempting alpine climbing objectives that exemplify fast, light and clean tactics, the awards are a tribute to the late Mugs Stump, one of North Am
Puma Q4 Earnings Up 96% on 27% Sales Gain; Backlog Up 36%
Puma AG reported that Q4 consolidated sales increased by 27.1% to €227.7 million ($271.1 mm), or up 35.4% on a currency neutral basis. Apparel recorded a growth rate of 17.6% reaching €68.8 million ($81.9 mm), or up 26.4% currency adjusted. Footwear sales
VF Announces New Roles For Leaders
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…
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
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