Parlee Cycles has announced the immediate availability of their demo fleet of bicycles to authorized Parlee Dealers. The demo fleet is designed so that customers can test ride a Parlee frame before purchase…
Tag: People
66º NORTH Debuts In US Market
66º NORTH, a 77-year-old line of rugged outdoor apparel, will soon make its U.S. debut from Iceland. The company, which dates back to 1926, will mark its launch in the U.S. with a line that includes High Performance, Active Wear, Travel and Leisure, Baby
American Eagle Settles on CEO
American Eagle Outfitters, Inc. has named Jim O'Donnell Chief Executive Officer, and Roger Markfield Vice-Chairman/President of the American Eagle Division. Previously, Messrs. O'Donnell and Markfield served as Co-CEOs, positions they held since
Bluetorch Taps Oaktree to Identify Acquisition Candidates
Bluetorch Inc. (formerly Aussie Apparel Group Ltd.)
has engaged OakTree Partners, an investment banking firm located in Newport Beach, California to identify and qualify acquisition candidates. Additionally, OakTree will provide access to private and in
Déjà vu All Over Again…
Footstar Inc. was expected – and required — to complete the restatement of its earnings by last Friday, but the company offered up only Tricks and gave out no Treats as they once again made an eleventh hour announcement that they would not report as expe
Rocky Puts on the Gloves in 2004…
Rocky Shoes & Boots needs to add Gloves to the company name as the addition of the Gates brand in the second quarter is already producing results for the company that has traditionally been more focused on the hunting and occupational end of the footwear
Nautilus Looks to CV for Future Health…
Nautilus said it conducted a comprehensive marketing study to better understand its opportunities in the fitness market. The resulting report found that while the Direct channel has been very effective for the company, it only accounts for about 20% of t
VF Stops Illegal E.U. Eastpak Imports…
VF Corp has tracked down the source of some illegal EASTPAK backpacks coming into the E.U. It appears that MCCS Trading of Holland, has been distributing backpacks that originated in the U.S. to Dutch customers via their website…
Honey Stinger Joins Subaru XC Ski Team
En-R-G Foods, Inc., makers of Honey Stinger energy bars and gels, have entered into a two-year sponsorship agreement with the Subaru Factory Team. The company will continue its support of the elite Nordic ski racing team through 2005 as official bar and
Trek Hires New Brand Manager
Trek Bicycle announces the hiring of industry veteran Zapata “Zap” Espinoza, as Trek Bicycles’ Brand Manager. Espinoza, who most recently was Executive Editor at Mountain Bike Magazine for the past ten years said, “I am elated about the opportunity to le
Rocky Q3 Net Income Jumps 45% as Sales Increase 36%
Rocky Shoes & Boots, Inc. reported net income for the quarter ended September 30, 2003 increased 45.2% to
$3.5 million, or 77 cents per diluted share, compared to net income of $2.4 million, or 52 cents per diluted share, a year ago. Net sales for Q3 in
Urban Outfitters Appoints New CFO
Urban Outfitters, Inc. announced that John Kyees has accepted an offer to become the CFO. Mr. Kyees has had extensive experience in the financial management of a number of specialty retail companies including the Express division of the Limited, Inc. and
Dowell Is New Hi-Tec Group Director
Following its recent and ongoing global re-branding strategy, Hi-Tec Sports is appointming of Simon Dowell as the new Group Product Director…
Saucony Q3 EPS up 32% Despite 13.4% U.S. Sales Decline
Saucony, Inc. announced net income for the third quarter ended October 3, 2003 increased 37% to $2.2 million, or 34 cents per diluted share, from $1.6 million, or 26 cents per diluted share, in the comparable period of 2002. Net sales for Q3 declined 5.0
Bob’s Should Emerge as a New Player…
The New England rumor mill has been forecasting the acquisition by TJX to save Bob’s Stores from the Kohl’s onslaught in the Northeast. TJX, parent to the familiar TJ Maxx and Marshall’s close-out stores, and the lesser-known HomeGoods, T.K. Maxx and A.J