Nike Names Seuss as Cole Haan CEO

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

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

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

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

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…

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

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