Nike Inc. hired veteran luxury goods retail executive James Seuss as CEO of the company's Cole Haan brand, effective May 15, 2006. Seuss, 42, joins the company from Harry Winston, where he was president of the luxury diamond jeweler. Prior to Harry W
Tag: People
REI Promotes Owen to VP of Merchandising
REI has promoted Angela Owen to VP of Merchandising. Owen, who joined REI's staff in 1990, has been promoted through positions spanning all of REI's product categories, with her most recent position being director of merchandise management for R
Wolverine Worldwide Taps into Consolidation of Former Distributors to Boost Revenues…
Wolverine World Wide Inc. Chairman and CEO Tim O’Donavan said that Merrell and the Outdoor Group continue to be the company’s most significant growth driver, but also indicated that three of the company’s four major marketing groups contributed to the con
Riddell Bell / Easton Deal Forms $600 MM Company…
Riddell Bell Holdings has entered into an agreement to acquire 100% of the outstanding capital stock of Easton Sports, Inc. from JAS D. Easton, Inc., the current owners, for $385 million in cash. At the time of the closing of the transaction, JAS will pur
Litigation Charges Put the Hurt on Cybex Bottom Line…
Cybex International, Inc. posted double-digit sales increases for the fourth quarter and the full-year, but saw litigation charges hurt what would have otherwise been strong bottom-line gains.
Net sales for the fourth quarter were $36.0 million, compare
Tod Swank, Owner of Tum Yeto, Acquires Watson Laminates
Watson Laminates has been acquired by Tod Swank, founder and owner of Tum Yeto, Inc., home of Foundation Skateboards, Toy Machine Bloodsucking Skateboard Company, Dekline Footware and Apparel, Pig Wood and Wheels, Ruckus Trucks and Deathbox Skateboards. T
Oakley Acquires Luxury Eyewear Brands
Oakley, Inc. has acquired the privately-held Oliver Peoples, Inc., and its subsidiaries. As a result of the acquisition, Oakley has acquired Oliver Peoples' three eyewear brands: Oliver Peoples, Mosley Tribes, and the licensed Paul Smith eyewear bran
Wolverine Fourth Quarter Sales Climb 4.4%; Fiscal 2005 Exceeds $1 Billion
Wolverine World Wide, Inc. reported record revenue and earnings per share for its fourth quarter and 2005 fiscal year, marking its fifth consecutive year of record results.
For the fourth quarter of 2005, the Company reported revenue of $321.0 million, a
Timberland Joins New Environmental Reporting Group
The Timberland Company has joined the Facility Reporting Project, a new initiative of the Boston-based Ceres coalition aimed at improving sustainability reporting and environmental performance at individual facilities across the country…
ATTA Hosts 2nd Annual Adventure Travel World Summit
The Adventure Travel Trade Association will host the second annual Adventure Travel World Summit in Seattle on October 19, 20 and 21, at the Bell Harbor International Conference Center on Elliot Bay…
Genesco Re-affirms Guidance
Genesco Inc. management said that they remain comfortable with previously announced guidance for the fourth quarter and fiscal year 2006. Genesco plans to announce its results for the fourth quarter and fiscal year 2006 and to discuss the results and the
ispo Sees More than 60,000 Trade Visitors in Munich
ispo winter 06 took place on 160,000 sq. m. at the New Munich Trade Fair Centre from January 29 to February 1, 2006. A total of 1,806 exhibitors, compared to 1,600 last year, from 49 countries, compared to 44 last year, attended the fair. 81% of the atte
Bite Lands Sponsorship Deal with World Amateur Golf Tournament
Bite Golf has been named the official shoe sponsor of the World Amateur Golf Tournament taking place this August in Myrtle Beach, South Carolina. One of Bite Golf’s leading retailers, PGA Tour Superstores, is the title sponsor of this prestigious event…
The Walking Co. Comps Up 12.8% in 2005; Acquires Steve’s Shoes…
Big Dog Holdings, Inc. reported that comparable store sales at The Walking Company increased 12.8% for the 2005 fiscal year ended December 31 and that comp sales increased 7.0% in the fourth quarter. The total company comp store sales gain for the quart
Forzani Acquires Fitness Chain…
The Forzani Group Ltd. has acquired The Fitness Source Inc., a nine-store chain of fitness stores that generates approximately $20 million in annual sales. The acquisition was financed through existing credit facilities and was said to be immediately acc