Filmar Acquires Merkeley

Filmar Corporation executives (manufactures of Bula headwear) signed the final papers for the purchase of Merkley Headgear. Although celebrating its third decade as an authentic brand in the ski resort headwear marketplace, Merkley was recently facing fin

Luxottica Q1 Sales Rise 7.9%

Luxottica Group S.p.A. announced results for the quarter ended March 31, 2004. Net sales for the quarter improved by 7.9% to €760.4 million ($949.9 mm). Operating income for the quarter improved 7.9% to €120.1 million ($150.0 mm). Consequently, the operat

Reebok to Issue $300 Million in New Debt

Reebok International Ltd. intends, subject to market and other conditions, to sell through a private offering up to $300 million of convertible debentures due 2024. The company will grant to the initial purchasers an option to purchase up to an additional

Gander Mountain Opens on Nasdaq Priced at $16 a Share

Gander Mountain Company has announced the pricing of its initial public offering of 5,725,000 shares of its common stock at a price of $16.00 per share. In addition, Gander Mountain has granted the underwriters a 30-day option to purchase up to an additi

Ski Systems Help Specialty Sales

Integrated ski systems helped the alpine ski equipment category this season with admirable gains in both specialty and chain stores. In the specialty stores, all integrated ski system sales were up 25% in dollars through February, prompted by average reta

OIA Receives Bi-Partisan Support For Conservation Trust

The OIA has announced that last month, Senators Olympia Snowe (R-ME) and Jon Corzine (D-NJ) drafted a letter to the Chairmen and Ranking Members of the Senate Appropriations Committee and the Subcommittee on Interior. The letter urged the Committee's

Spiegel Will ‘Rationalize’ Catalog Workforce

The Spiegel Group announced that, as part of its ongoing restructuring process, it is taking steps to rationalize its operations, making headcount reductions at its Spiegel Catalog division and its corporate support staff…

Peter Benjamin is New COO at GBMI

Global Brand Marketing, Inc. announced the appointment of Peter Benjamin to the role of Chief Operating Officer of GBMI. He will be responsible for overseeing all aspects of company operations at GBMI, from the moment an order arrives at GBMI until it is

Huffy Focuses Efforts; Net Loss Grows…

Even though Huffy reported that sales are in-line with its previously issued guidance, the company will post a larger-than-expected net loss for the first quarter of 2004. Huffy said this quarter’s net loss will be “significantly higher” than last year’s

Unions Cry Foul to U.N. in Nike’s Canada Factory Moves…

Labor unions upset with Nike’s decision to shutter two Canadian factories that produce product for its Bauer Nike Hockey division are taking their dispute to the United Nations, calling on U.N. Secretary-General Kofi Annan to confront Nike with its respon

SEW Goes One-on-One with Bob Corliss

Robert J. Corliss is president and CEO of The Athlete’s Foot, the world’s largest franchisor of athletic footwear. Corliss joined TAF in 1998, following a successful 25-year career as an executive and entrepreneur in the retail industry. In 2003, Corlis

Douglas No Longer Analog’s GM; Burton Resumes Search

Unforeseen business obligations have forced both Burton and Steve Douglas to re-examine their recently signed deal for Steve to come on board as the new General Manager of Analog Clothing. Steve's many past businesses and the contractual constraints