SGB Update Apparel
New Balance Appoints New EMEA Managing Director
New Balance announced the appointment of Jonathan Ram to Managing Director — Europe Middle East and Africa (EMEA) effective April 1st. In his new position, Ram will be responsible for all aspects of the company’s EMEA operations. Ram previously served as
New Markets and Acquisitions Play Central Role in Industry Growth Plans Over Next Five Years…
At a series of investor conferences last week, most notably the Bank of America Consumer Conference, but also at the B. Riley & company 8th Annual Las Vegas Investor Conference and at Citigroup’s Small & Mid-Cap Conference, public companies gave the inves
Heelys Adds to Management Team
Heelys, Inc. has tapped three new Vice Presidents to aid in the continued growth of the company. They are: Will Albers as Vice President of Sourcing/Asia Operations, Bob Byrne as Vice President of Design and Development and Jim Peliotes as Vice President
Shoe Carnival Sees Rebounding Trends in Athletic…
Shoe Carnival, Inc. was able to leverage a fairly moderate sales increase in the fourth quarter and year into solid improvements in operating profit for both periods. While comps for the fourth quarter declined 0.9%, and net sales rose only 1.3% on a com
Golfsmith Offsets Comps Drop with New Stores…
Golfsmith International Holdings, Inc. used an increase in store count and in direct-to-consumer sales to offset decreased same-store sales in the fourth quarter and to create a mid-single digits top-line gain. However, this increase was not enough to off
Pacific Sunwear Posts Weak Q4; 2006 Down Too…
Pacific Sunwear of California, Inc. put a disappointing end to a frustrating year as it saw comparable sale decreases in both its PacSun and demo concepts fuel a steep decrease in net income for the both the fourth quarter and fiscal year. For the fourth
Obituary: Roswell Brayton, Jr.
Roswell Brayton, Jr., Woolrich’s president, passed away suddenly last week. He was 55 years old. Brayton collapsed on March 12 at Woolrich headquarters in Woolrich, Penn. He was rushed to Jersey Shore Hospital where medical personnel were unable to revive
adidas Moves U.S. Financial Ops; Fights German Football Bid
adidas America is moving its corporate accounting and financial services division, which is currently based in Portland, Ore., to the Massachusetts headquarters of Reebok International Ltd. The move is expected to take place in April 2007, with a second p
Pacific Cycle Sales Decline on Weak Mass Channel
Dorel Industries, the parent company of Pacific Cycle, has been working to transform the company from a bicycle manufacturer to a recreation holding company. The Recreation and Leisure division reported fourth quarter sales declined 6.3% to $75 million co
Some Quiksilver Shareholders Get Restless
Lew Shapiro and the Cross America Investors Clubs recently sent a letter to Quiksilver demanding, as shareholders, the resignation of Mr. Bernard Mariette and any employees appointed by him. The letter also demanded that Quiksilver sell the Rossignol busi
Reebok Signs on as Sponsor of Peachtree
Reebok International has reached a multi-year agreement to serve as the official footwear and apparel sponsor of the world’s largest 10K, The Atlanta Journal-Constitution Peachtree Road Race…
Enyce Enters Juniors/Girls Footwear License
Enyce has reached an agreement in principle with Gina Group LLC to manufacture juniors and girls footwear and hosiery under the Enyce brand name.
Tom O’Riordan Joins American Sporting Goods as CEO
Tom O’Riordan, the former COO of Fila USA, has taken
the reins at American Sporting Goods as CEO, effective
March 12, 2007. O’Riordan, who has also purchased an
equity position in the company, replaces Kevin Wulff, the
former Nike exec that recently
Shoe Carnival Q4 Earnings Climb 70% on 8.3% Sales Gain
Shoe Carnival, Inc. net earnings for the 14-week fourth quarter increased 70.0% to $5.1 million compared with net earnings of $3.0 million in the 13-week Q4 last year. Diluted EPS increased 68.2% to 37 cents per share compared with 22 cents per share last
EMS Hires CGPR
Eastern Mountain Sports hired CGPR as its public relations agency of record…