SGB Update Apparel
Puma AG’s Fourth Quarter Revenues Climb; Currency-Adjusted Sales Jump 28% in Americas
Puma AG reported consolidated sales in the fourth quarter increased by 16.1% currency-adjusted and 28.2% in Euro terms, reaching 623.4 million euros ($843.7m). All regions contributed positively to this performance. Currency adjusted sales in EMEA were up
Boxercraft Appoints COO
Boxercraft, the cheerleading specialist based in Atlanta, announced that Marion Parkes has been promoted to chief operating officer across all divisions. Parkes has worked for Boxercraft for eight years…
Reports of Imminent Jack Wolfskin Sale Resurface
Several companies are in talks to acquire Germany's Jack Wolfskin brand from two European private equity firms, according to an unconfirmed report in Financial Times Deutschland and picked up by the Bloomberg news service…
Three ESPN Personalities Ink Deals with Nike
Chris Fowler, Kirk Herbstreit and Lee Corso – ESPN's “College GameDay” team – each have endorsement deals with Nike Inc., according to a report in The New York Times…
Head NV Announces Rights Offering of New Preference Shares
Head N.V. is offering to sell nearly 200 million new shares, or more than double its existing number, to existing shareholders at a nominal value of €0.01 each at an issue price of €0.05 per offer share…
Shimano Group Nearly Triples Q4 Net Income on Double-Digit Revenue Growth
Shimano Group experienced a very strong business turnaround in 2010 after a tough 2009. But the company still remains cautious about the business moving into 2011 over concerns that the tempo of the economic recovery may slow in the European economies, t
Gildan Profit Spikes in Fiscal Q1; Forecast Mired by Cotton Costs…
Gildan Activewear reported strong demand across most businesses along with sweeping price increases drove profit past expectations for the fiscal first quarter ended Jan 2, but the company issued a disappointing outlook amidst concerns over surging cotton
Black Diamond Inc. Outlines Five-Year Plan
Black Diamond, Inc. is intently focused on acquiring companies with $10 million to $50 million in annual sales even as it works toward launching its own technical apparel line, according to details of a new five-year strategic plan disclosed last week…
Wolverine Promotions to Fuel Growth at Merrell and Chaco
Wolverine World Wide named Seth Cobb as VP and general manager of Merrell and Chip Coe as VP and general manager of Chaco. Both positions are effective immediately…
OIA VantagePoint: Outdoor Product Sales Reach $10.85 Billion in Fiscal 2010
In the broader retail marketplace it appears that resolute shoppers braved winter storms throughout much of the country in the four-week retail fiscal month of January, trudging through extraordinarily snowy conditions to stock up on discounted cold-weath
Under Armour Takes Over MLB Footwear License
Under Armour was named the official performance footwear supplier of Major League Baseball, effective for the upcoming 2011 season. Under Armour replaces Reebok…
Vans Appoints Skate Marketing Manager
Vans hired Justin Regan as its new skate marketing manager. Most recently, Regan has led global brand marketing for apparel brand Altamont. Previously, Regan headed up global brand marketing for Emerica footwear and apparel…
Airwalk Gains Men’s and Boys Apparel License
Collective Licensing International (CLI) announced a new three-year agreement with Fashion Options of New York. Under the agreement, Fashion Options will hold a license for men’s and boy’s apparel in the U.S. for the Airwalk brand…
BRP to Spend $15 Million Making Facility
Bombardier Recreational Products (BRP) will invest over $15 million in the next three years to transform its outboard engine facility in Sturtevant, WI and become the heart of the Evinrude brand…
Former Dick’s SG Exec admits $2 Million Kickback Scheme
Joseph Queri Jr., vice president of real estate at Dick's Sporting Goods, admitted that he covertly took $2 million in kickbacks over seven years in connection with 27 new stores across the country, according to syracuse.com…
