Callaway Golf Company woke up to the reality last week that the market may have passed them by with their Big Bertha series of drivers and that the Top-Flite Golf Company contains some other landmines that will see it continue to be a drag on the bottom l
Tag: People
K2 Hits the Trifecta in Winter Sports and Outdoor Acquisitions…
In its latest acquisition moves, K2 Inc. has apparently accomplished three key objectives that are critical as the company’s strategy to become the strongest platform of sporting goods brands in the industry. While the deals last week to acquire Volkl Sp
New Phoenix Deal Should Boost Bottom Line…
Phoenix Footwear joined in on the acquisition frenzy last week, announcing that they had inked a definitive agreement to purchase Altama Delta Corporation, which makes high performance combat and tactical boots for U.S. and foreign militaries. Phoenix wi
Nike Addresses Youth Inactivity…
At the HealthierUS Fitness Festival, Nike urged the U.S. education system to add P.E. classes taught by P.E. specialists for at least 30 minutes a day, five days a week, to all American schools. The company claimed that the current PE curriculum is outdat
adidas-Salomon Acquires Valley Apparel
adidas-Salomon AG has acquired Valley Apparel Company of Cedar Rapids, Iowa, a producer and distributor of collegiate and professional league apparel and accessories. Terms of the deal were not disclosed, but adidas-Salomon officials described it as “a m
China’s Strength Has Many Back Peddling on Year-End Quota Expiration…
The expiration of apparel quotas for WTO member countries at the end of this year is prompting an outcry by members of Congress and a new international coalition of textile and apparel industries and labor associations from 45 countries. The problem is t
Nordic Walking Has the Potential…
The Nordic Fitness section at ISPO Summer 04 has been billed as one of the “main focal points” and the Nordic Walking Village is the anchor of this section. The sport certainly seems to be growing in the European market, but the many retailers in the U.S.
Pony Doin’ it Doggie Style with New Snoop Deal
Pony International, a wholly owned subsidiary of GBMI, has inked an exclusive partnership with entertainment and pop cultural icon Snoop Dogg. The Snoop Dogg Collection by Pony called “The One and Only” will be a creative fusion of Snoop’s signature west
Phoenix Footwear Group Appoints White to CEO Post
Phoenix Footwear Group, Inc. has appointed Richard E. White as Chief Executive Officer of the company. Mr. White has been a member of Company's Board of Directors since May 2004. James Riedman, formerly Chairman and CEO, will retain the title of Cha
Keen’s Sales are… well…, Keen…
With all of the stories of great sell-through and amazing consumer response surrounding Keen Footwear, we decided to took a closer look at the company, catching up with Jim Van Dine, VP of Sales, in between his latest round of flights. Apparently much o
GBMI Promotes Mangione to Nautica Fotwear VP – Sales
Global Brand Marketing, Inc. has promoted Robert Mangione to Vice President of U.S. Sales. In his new position, Mangione will oversee all aspects of US sales operations for Nautica Footwear and will be based at company headquarters in Santa Barbara, Calif
Forde Assumes VP Sales Slot at Converse
Converse, Inc., has appointed Brian J. Forde to the position of Vice President of U.S. Footwear Sales. Forde most recently held the position of U.S. Eastern Region Footwear Sales Manager at Nike. Forde is responsible for the management of the Converse s
Ashworth Income Jumps 32.6% on 4.0% Sales Increase
Ashworth revenue for the second quarter of 2004 increased 4.0% to a record $54.7 million compared to $52.6 million for 2003. Net income increased 32.6% to $5.7 million or 41 cents per diluted share compared to net income of $4.3 million or 33 cents per di
Nautilus Group Shakes Up Management Team
The Nautilus Group, Inc. announced its shareholders elected all seven current members of the Board of Directors to serve until the 2005 annual shareholder meeting. The Board also formally announced several key executive officer additions and promotions.
Rodolfo to Run Callaway Apparel Design for Ashworth
Ashworth, Inc. announced that Joey Rodolfo has joined the Company as Vice President of Design, Callaway Golf apparel division. After early stints at Catalina Swimwear and Union Bay, Rodolfo co-Founded Cutter & Buck as Senior Vice President and Creative D