The Finish Line to Name Genesco Exec as President of Merged Company
The Finish Line, Inc. will appoint Robert J. Dennis, currently Genesco's president and COO, as president of the combined company, once the acquisition is finalized. Mr. Dennis will report directly to Alan H. Cohen, The Finish Line's CEO, and wi
The SportsOneSource Group Expands Business Development Team
In an effort to better service the needs of a growing and divergent client base, The SportsOneSource Group has added three solid industry professionals to its team. Susan Tauster has joined SportsOneSource as advertising sales manager for the Western U.S
Camelbak Better Bottle Wins Design Award
The CamelBak® Better Bottle™ joins product design heavyweights like Herman Miller, Apple, Sony and the BMW Designworks as winners in I.D magazine’s prestigious Annual Design Review. The CamelBak® Better Bottle™ won an Honorable Mention in the Consumer Pro
Nike Suspends Release of Zoom Vick 5 Shoe
Nike, Inc. — and a number of retailers — may take a bit of a financial hit this summer as a result of the legal problems associated with one of its key athlete endorsers. After the firestorm surrounding the federal indictment of Michael Vick for allege
West Marine Q2 Comps Continue to Decline
West Marine’s comparable store sales for the second quarter decreased 2.9% due to a generally slow boating market in Florida and higher gas prices impacting water sports. Net sales for the quarter were $247.8 million, a decrease of 6.3% from net sales of
SIMA Reports Surf Industry Sees Double-Digit Growth…
According to the Surf Industry Manufacturers Association (SIMA), the surf industry grew in the mid-teens since 2004. In a third-party research study commissioned by SIMA, Retail Distribution Study, the surf industry grew 14.5% in 2006 to $7.48 billion fro
NSGA: Used Equipment Sales Top $1 Billion…
Consumers purchased $1.01 billion in used sporting goods equipment in 2006, according to a newly released report by the National Sporting Goods Association. For 2005, consumers indicated they had purchased almost $885 million in used sports equipment. Use
R.G. Barry Names Superga President
R.G. Barry Corporation , the Dearfoams company, has named Juliana J. Prather brand president for its recently licensed Superga canvas/active fashion footwear business. Prather most recently worked at Neofocus Strategy Consulting, a global strategic consul
Costco June Comps Increase 6%
Costco Wholesale Corporation net sales were $6.35 billion for the month of June, an increase of 10% from $5.78 billion in the same five-week period last year. Comparable store sales increased 6% for the same period…
Kohl’s June Comps Down 4.9%
Kohl's Corporation recorded a 2.0% sales increase in net sales for the month of June to $1.35 billion from $1.32 billion last year. On a comparable store basis, sales decreased 4.9%…
Liz Claiborne Looking to Divest Brands
According to a report published in the Wall Street Journal, Liz Claiborne is seeking to divest 16 of its 36 brands in an effort to simplify corporate structure and reduce expenses. The company has been suffering from a down-turn in department store sales.
Wolverine Increases Guidance on Strong Q2 Results
Wolverine World Wide, Inc. second quarter 2007 revenue totaled $250.3 million, a 5.0% increase over second quarter 2006 revenue of $238.5 million. Earnings per share for the second quarter of 2007 were 28 cents compared to the 25 cents reported for the se
Kelty Inks Partnership with SylvanSport
Kelty inked a partnership deal with mobile adventure gear manufacturer SylvanSport to head up the tent segment design and construction efforts for SylvanSport’s ultra-light camping trailer and gear hauler. According to Kelty, This partnership was a natura
Women’s Action Sports Website Launched
Core Action Sports, based in Denver, has launched a action sports website for women. Co-founders and sisters Courtney and Lisa Pugh are former competitive freestyle skiers, and life-long action sports’ enthusiasts…
Performance Bicycle Sold to North Castle Partners
Performance, Inc., the largest independent bicycle
dealer and direct marketer of bicycles and cycling accessories in the U.S., has been sold to North Castle Partners. North Castle is a leading private equity firm focused exclusively on investments in cons
