SGB Update Apparel
Nike Inc. CEO Resigns; Parker Gets Nod as Chief Exec
The Board of Directors of NIKE, Inc. have appointed Nike brand co-President Mark Parker as the company's new President and Chief Executive Officer following the resignation of William D. Perez. Parker also succeeds Perez on the company's Board
Cabela’s to Open New Location in Montreal
Cabela's Incorporated is working to bring a retail store to Montreal, Quebec, and the surrounding region. Although planning and discussions are in early stages, Cabela's expects to open the Montreal retail showroom as early as late fall 2007 or
Fleet Feet Looks to Break 100 Stores in Three Years; 2005 Comp Sales Jump 14%…
Fleet Feet, Inc. recorded 22% growth in overall sales in 2005, surpassing $52 million in revenue, compared to $43 million in 2004. Comparative stores sales in 2005 were up 14% on top of the 12% increase posted in 2004. Fourth quarter comps were up in the
Fitness Companies Get a Work-Out…
In back-to-back-to-back announcements, three of the industry’s leading fitness companies reported difficulties and setbacks that impacted earnings for the final months of 2005. Icon Health & Fitness, Cybex, and Nautilus all reported problems stemming from
CamelBak Gets a New CEO…
CamelBak Products has filled the corner office again, tapping J. Marty O’Donohue as CEO, O’Donohue, who is replacing Glenn Gross, after announced his retirement in 2005, holds both an undergraduate history/economics
degree and MBA from Stanford University
GBMI Appoints Singer as Director of US Sales for Nautica
Global Brand Marketing, Inc. appointed Dan Singer to Director of US Sales for Nautica. In this new position, Mr. Singer will oversee the expansion of the Nautica brand into department stores, independents and marine retailers. He will also be charged with
InSport included in $2 million U.S.Marine Contract
Congress' Fiscal Year 2006 Department of Defense Appropriations Act has passed and includes $2 million in funding for U.S. Marines base layer t-shirts designed and manufactured by InSport International, Inc. of Beaverton, Oregon….
Amstel Light Inks Deal with Stanwood and Partners
Amstel Light has hired Stanwood & Partners Public Relations, of Jackson Hole, Wyo., to promote the brand’s ski industry sponsorships and programs. “Beer and skiing are two of the fundamental principles of Stanwood & Partners,” said Carson Stanwood…
LaSportiva Italy Merges with U.S. Distributor
La Sportiva's North American distribution operations have become part of La Sportiva’s unified global distribution consortium. La Sportiva S.p.A., the Italian parent company and manufacturer, and La Sportiva N.A., Incorporated merged in a cooperative
Wham-O Acquired by Hong Kong Investment Firm
Wham-O, Inc., the manufacturer of Frisbee, the Original Slip 'N Slide, Hula Hoop and Hacky Sack, among other innovative fun products, announced that an affiliate of Cornerstone Overseas Investments Limited had completed the acquisition of the busines
U.S. Alpine Team to be Named at SIA.06
SnowSports Industries America announced that the United States Ski and Snowboard Association will officially name the U.S. Olympic Alpine Ski Team at the SIA.06 SnowSports Trade Show, January 23-26, 2006, at Mandalay Bay Convention Center, Las Vegas, Nev.
Yue Yuen’s Fiscal 2005 Profits Increase 11% on 16% Sales Gain
Yue Yuen Industrial Holdings Limited announced its audited consolidated results for the year ended 30th September, 2005. Turnover rose year-on-year by 16% to $3,155 million and net profit increased by 2.2% year-onyear to $310.1 million for the fiscal year
As Deckers Lays Out Broader Vision for Teva and UGG…
Deckers CEO Angel Martinez would probably beg to differ with that girl on the panel as well, and did a solid job providing the ICR crowd with his vision for the Teva, UGG, and Simple brands. Martinez, the former Rockport and Reebok exec that was part of
And Quiksilver Provides More Color on Rossignol…
Quiksilver gave more insight into its positioning with the Rossignol acquisition as the “World’s Leading Outdoor Sports Lifestyle Company,” presenting investors and analysts with a chronology that saw the company post $100 million in sales in Stage 1 as a
Rocky Sees EJ Take Up More Business…
Rocky Shoes & Boots said that outdoor footwear is now only 22% of the total business, down from 55% of the total, thanks to the acquisition of EJ Footwear. The company will also start to roll out more apparel for all of its brands. Rocky brand outdoor a
