The outdoor industry bucked the worries that many financial analysts held over the credit crunch and mortgage crisis, posting strong sales results across the vendor/retailer divide with net income growing in-line as well, excluding one notable write-down.
Tag: People
Wolverine Appoints VP, Human Resources
Wolverine World Wide today announced the appointment of Pamela L. Linton to the position of SVP, Human Resources. In this position, Linton will report directly to Blake W. Krueger, CEO and president. Linton most recently served as SVP for the multi-nation
DVS to Stop Using Infringing Louis Vitton-esque Pattern
Louis Vuitton Malletier SA and DVS Shoe Company, Inc, doing business as Podium Distribution, have resolved the matter between them regarding the alleged infringement of Louis Vuitton’s registered trademarks and copyrights for sandals, slip-on shoes, athle
Ski/Snowboard Hall of Fame Inductees Announced
The U.S. National Ski and Snowboard Hall of Fame and Museum announced their inductees for the Class of 2007: Eric Bergoust, Donna and Jake Burton Carpenter, Mitch Cubberly, Tom Jacobs, Everett Kircher and Doug Lewis…
Prince Sports and Arthur Ashe Youth Tennis Teach Kids Retail
Participants from Arthur Ashe Youth Tennis and Education are starting their own retail business – the AAYTE Prince Pro Shop, a store that will sell tennis equipment, apparel and accessories, located at the Arthur Ashe Youth Tennis and Education Center. Th
New Balance Acquires Vital Apparel Group
New Balance has acquired the Vital Apparel Group, based in New York. Vital Apparel Group includes Vital Apparel, Vital Accessories, which includes the license for Soffe Accessories; and the Vital Performance division which includes InSport. Vital Apparel
Nautilus Shareholders Receive Retort Letter from Sherborne
Sherborne Investors LP mailed a letter to Nautilus, Inc. shareholders following Nautilus' letter last week encouraging them to vote in the Sherborne nominees for board positions and to vote out many of the current directors…
DSW, Inc. Lowers Full Year 2007 Forecasts…
DSW Inc. joined a list of retailers lowering their 2007 forecasts due to sluggish sales. The shoe chain now expects to earn between $1.24 to $1.29 per share. Last month, it said earnings would be at least 10% below last year's earnings of $1.48 per s
Alyssa and Baseball Drive G-III Sports Licensing…
G-III Apparel Group said its sports licensing business is “doing quite well” despite losing part of its distribution arrangement with NFL Properties. On its Q3 conference call, management said its collegiate business is growing “very well” and baseball is
RECALL: Nordic Track and Reebok Inversion Benches
The U.S. Consumer Product Safety Commission (CPSC), in cooperation with the Icon Health & Fitness Inc announced a voluntary recall of about 22,000 Nordic Track and Reebok inversion benches. CPSC said the ankle clamp mechanism can release unexpectedly, pos
G-III Apparel Group Shows Small Profit Gain
G-III Apparel Group, Ltd. reported Q3 sales increased by 10.8% to $271.2 million from $244.7 million in the same quarter of last year. Net income rose slightly to $23.8 million, or $1.41 a share, from $23.3 million, or $1.59, in the prior year’s period…
Skechers Inks China Joint Venture
Skechers is expanding its sales and distribution in China through a joint venture, called as Skechers China, with Luen Thai Enterprises, a conglomerate based in Hong Kong. Over the next three years, Skechers China expects to open more than 1200 points-of-
180’s Hires VP of Sales
180s, best known for its behind-the-head ear warmer, has hired Brian Mangione as its new Vice President of Sales. Mangione comes to 180s with over 15 years of experience in sales, management, operations and marketing in the athletic footwear and apparel,
Sports, Inc. Fall Show Sees Dealer Excitement…
Since starting its fall Team Dealer Show in Las Vegas in 1999, Sports, Inc. has grown the event from a single ball room at the Four Seasons hotel into two ballrooms with separate conference rooms for major vendor attendees like Rawlings, Under Armour, Ru
Nike and adidas Ink Denim Deals…
Nike reached a deal with Levi Strauss, while adidas reached one with Diesel to come out with co-branded denim lines…
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