SGB Update Footwear
Pony Names Kevin Wulff its CEO
Pony International LLC (Pony) announced the appointment of Kevin Wulff as its Chief Executive Officer…
Deckers Joins Soles4Souls Million Pair March
Deckers Outdoor Corporation is proud to support the Soles4Souls Million Pair March campaign by mobilizing the local community to collect a quarter of a million pairs (250,000) of new and used footwear. Collected shoes from the Million Pair March will be d
adidas Group Acquires Distribution Rights for Greece
The adidas Group has bought the distribution rights for the Reebok brand in Greece from RbK Hellas A.E.B.E. Effective January 1st, 2008, adidas Hellas S.A. will become the exclusive distributor of Reebok products in Greece. Financial details of the transa
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…
Sport Chalet Announces Retirement of Norbert Olberz
Sport Chalet Inc. announced that Norbert Olberz, founder and chairman emeritus, has retired from the board of directors. Olberz founded the Los Angeles-based chain in 1959…
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.
Nordstrom to Open Another Austin Store
Nordstrom, Inc. has signed a letter of intent with Endeavor Real Estate Group to open a Nordstrom store at The Domain, a mixed use community being developed in Austin, Texas. The new two-level, 149,000 square foot Nordstrom store is scheduled to be comple
Adams Golf Sees Q4 Sales Jump
Adams Golf reported net sales increased 35.1% to $13.1 million for the fourth quarter from $9.7 million in the comparable period last year. The company used the sales gains to switch last year's net loss of $1.0 million to a net income of $4.4 millio
Vail Second Quarter Earnings Climb
Vail Resorts, Inc.'s mountain segment reported a 10.5% increase in fiscal second quarter revenues to $272.0 million from $246.2 million for the comparable quarter last fiscal year. Mountain expense increased $9.2 million, or 6.1%, to $159.9 million.
Iconix Closes Danskin Acquisition
Iconix Brand Group, Inc. has completed the acquisition of the brand Danskin. The purchase price for the transaction was $70 million with a contingent payment of an additional $15 million, to be payable in cash or stock, based on the brand exceeding certai
adidas Group Passes €10 Billion Mark for 2006; Reebok Drag Persists…
At this time last year, management at adidas Group were busy working on the integration of a recently-acquired Reebok business, contending with a sharp decline in order backlog, a projected sales decline, lower margins, and lower operating margins for the
Foot Locker Sees Reduced Promos Boost Profits…
Foot Locker Inc. management said they took their foot off the promotional pedal during much of the month of December in the U.S. and for most of the entire fourth quarter in Europe, a move that helped the world’s-largest-athletic-specialty-retailer post s
Genesco Sees Continued Strength at Journeys Formats; Urban Formats Hurt Q4…
Genesco Inc., which has seen its Journeys format at ground zero for three of the biggest trends over the last year, may be starting to see some issues with two of its other key formats. While Journeys has been riding the fashion athletic wave from the be
Frozen February Slows Retail Comp Sales Growth
As blizzards and freezing temperatures swept across much of the country in February, consumers were left sitting at home waiting for the spring thaw to finally arrive. Retailers, meanwhile, were left waiting for those very consumers to return to the cash
Iconix Brand Group Acquires Rocawear.
In its biggest acquisition yet, Iconix Brand Group reached an agreement to buy Rocawear for $204 million. Another $35 million may be included in the purchase price based upon the brand passing certain pre-determined performance thresholds over the next 3
