Tag: People

Malden Mills is on track to emerge from chapter 11 bankruptcy by late August of this year…

As reported here in SEW 0323, The Finish Line saw fiscal Q1 comp stores sales jump 14% on top of the 3% increase in the year-ago period. In a conference call with analysts following the first quarter financials release, it appears that the mid-teens tren

Taylor Made-adidas Golf Company and Pixl Golf Company have confirmed that the two organizations have been involved recently in litigation that “has been resolved to the mutual satisfaction of both parties”. Both Taylor Made-adidas and Pixl are prohibited

Shoe Pavilion announced net sales were $21.2 million for the second quarter ended June 28, 2003, compared to net sales of $22.7 million for the same period in 2002, a 6.9% decrease. Net sales from the Company's retail stores and Gordmans licensed sho

Nike Inc. won the trifecta this week, with the addition of Kobe Bryant to its player roster. Nike declined to disclose terms of the deal, but estimates put it at roughly $45 million…

Diversification was the word as Quiksilver took the stage in Nantucket, with company CFO Steve Brink pointing to three key areas to exemplify his point. Focus on diversity of brands, distribution and category are key in the company’s strategy to represen

At a round-table discussion with journalists at ispo in Munich, Herbert Hainer, adidas-Salomon CEO, re-confirmed full year projections of 5% currency-neutral sales growth, a gross margin of 42-43% and earnings growth of between 10 and 15%. However, curre

Purchases of sports equipment on the Internet continue
to grow, according to data in the National Sporting Goods Association consumer purchases study “The Sporting Goods Market in 2003.” For 2002, the Internet was the source of 4.6% of all sports equipmen

As reported here after the last Super Show, New Balance has officially confirmed that Moretz Sports will be its licensee to performance socks. The deal, which will be effective in January 2004, will see Moretz “manufacture, market and distribute New Bala

According to report recently released by The NPD Group, U.S. consumers seem willing to spend more on Footwear and Apparel in the 90-day period from May through July. The post-Iraq War study found that the consumers surveyed were more willing to get out a

Retailers seem to be looking to brighter times ahead if the latest Retail Sector Performance Index is any indication. But increasing retail inventories and reduced traffic look to dampen profits as pricing comes under pressure.

Callaway Golf has settled its action against the minor players in a knock-off scam. The company said that Shirley Tsou and GolfCo and Alex Mowry and National Golf Liquidators have agreed to a permanent injunction prohibiting them from selling “Big Easy”

BasicNet, the Italian sportswear firm, said its Kappa Spain unit has signed a deal with Spanish sporting goods distributor Proged to distribute BasicNet’s Kappa and Robe di Kappa brands in Spain, Portugal and Andora. Another deal was struck with the new

The Nautilus Group, maker of the Bowflex fitness machine, will appeal a ruling last week that saw its motion for a preliminary injunction against rival fitness equipment maker ICON Health and Fitness, Inc. denied by the United States District Court in Was

Phoenix Footwear Group has signed a letter of intent to acquire H.S. Trask & Co., the Montana-based designer of men's casual boots and shoes started by former Reebok executive, Harrison Trask. Trask, who designs and develops footwear from buffalo an