Reda Sports Inc. shuttered its doors on Friday with no explanation and is revealing little about the future of the sporting goods distributorship or its Kappa, Patrick, uhlsport, and Lanzera brands. In a conversation with a local newspaper, CEO Scott Red
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Atlas Expands Winter Women’s Workshops
Atlas Snow-Shoe Company expands its Explore Winter Women's Workshops this season to include more venues nationwide. Presented by world-renowned adventure athlete Cathy Sassin, each indoor Explore Winter workshop will teach women everything they need
Callaway Promotes Davis to SVP of Manufacturing
Callaway Golf Company has promoted Ian Davis to the position of Senior Vice President of Manufacturing. Davis has been with the Company since March 2000, most recently as Vice President of Club and Ball Manufacturing. In his new position, Davis will repor
Sears Tests Urban Shop Pilot for Holidays
Sears has initiated a pilot of 50 urban shops that also include popular male urban brands such as Icewear, Run Athletics by Russell Simmons, P. Miller and South Pole. The urban shops are located at select Sears stores in Chicago, Detroit, Los Angeles, Mi
Reebok Signs Stojakovic to Footwear Deal
Reebok has signed a multi-year endorsement agreement with Sacramento Kings' phenom Predrag “Peja” Stojakovic. Widely considered one of the best shooters in the league, Stojakovic is the reigning “NBA All-Star 3 Point Shoot-Out” champion for 2003 and
Solidarity Fund To Sell 2.5 Million Gildan Shares
Gildan Activewear confirmed that the Solidarity Fund QFL had informed the Company of its intention to sell, in an orderly manner, its entire equity position in Gildan, amounting to close to 2.5 million class A subordinate voting shares…
Payless Swings to Q3 Loss on 1.4% Comp Sales Decline
Payless ShoeSource, Inc. posted a loss of $2.2 million, or $0.03 per diluted share, for the third quarter of fiscal 2003, compared to net earnings of $29.6 million, or diluted earnings per share of $0.43, during the third quarter of fiscal 2002. Company
WaterMark Revamps Management Team
WaterMark announced that Andy Papademetriou has joined WaterMark's management team as vice president of product development. Joe Pulliam has been promoted to executive vice president of business development and will remain at the Easley, S.C. facilit
Airwalk on the Auction Block…
In documents obtained by Sports Executive Weekly last week, it was revealed that Airwalk International, LLC has seen its banker — and largest secured creditor — take foreclosure action against the company in an effort to recoup its losses…
luluemon athletica to Open New Store
lululemon athletica, the yoga-inspired athletic apparel manufacturer, is pleased to announce the launch of its
Whistler store…
Petzl Hires Bard As Sport Div. Manager
Petzl appointed Dale Bard as Sport Division Manager. In his new position, Bard will be responsible for the overall sales direction of the Sport Division, and will work closely with Petzl's marketing department to reinforce Petzl's leadership pos
October Comps At PacSun Up 4.6%
Pacific Sunwear total sales for the four weeks of October of fiscal 2003 were $62.6 million, an increase of 14.7% over total sales of $54.6 million for the four weeks of October of fiscal 2002. Company same store sales increased 4.6% for the comparable fo
October Comps Down 5.8% at Gottschalks
Gottschalks announced that same store sales for the month of October 2003 decreased 5.8% from the prior year. Total sales for the month decreased 8.2% to $44.9 million from $48.9 million in October 2002…
The Conservation Alliance Announces Annual Grants
The Conservation Alliance, a coalition of outdoor industry businesses working to fund conservation and recreation causes, announced its latest round of funding, six grants totaling $160,000 to organizations working to protect lands for habitat and recreat
Gildan Joins Fair Labor Association
Gildan Activewear is the first Canadian company and the
first manufacturer catering to the wholesale imprinted activewear industry to become a Participating Company of the Fair Labor Association…