SGB Update Footwear
Skechers Promotes Weinberg to COO, Appoints CFO
Skechers USA announced that its CFO David Weinberg has been promoted to the position of COO and that Fred Schneider, who has been a member of the company's Board of Directors and Chairman of its Audit Committee, has been appointed as its CFO. In addi
Study: Holiday Spending Up; More than Half of Consumers Used Web
Some 36% of consumers said they spent more this holiday shopping season and more than half reported making an Internet purchase, with four in 10 saying that selection and price led them to buy from a store other than where they normally shop, according to
Diversification Was Also a Top Priority…
While the “big get bigger” deals had everyone talking in 2005, the second tier of acquisitions and mergers during the year will provide a more subtle approach to growing the business…
Polartec Challenge Recipients Announced
Malden Mills announced the winners of the 2006 Polartec Challenge. The winners are Steve Graepel, Nico Mailaender, Warren McDonald and Kelly Cordes. Graepel will travel with partner Gabe Rogel into Alaska’s Fairweather Range. Mailander will navigate a fol
Report: Online Spending Jumps 30% Over Holiday Season
The Goldman, Sachs & Co., Nielsen//NetRatings and Harris Interactive fifth annual Holiday eSpending Report revealed that online holiday shopping totaled $30.1 billion, excluding travel, during the 2005 holiday season – October 29 – December 23. This seaso
Harold Ruttenberg Succumbs to Cancer
Harold Ruttenberg, the founder and former chairman of Just For Feet, lost his battle with brain cancer last week. He was 63 years old. The energetic retail pioneer was diagnosed with cancer in January 2004 and had spent nearly two years battling the dis
Acquisition of ShopKo Stores, Inc. Completed
ShopKo Stores, Inc. has completed its merger with an affiliate of Sun Capital Partners, Inc. ShopKo Stores will continue to operate 137 ShopKo stores, 216 Pamida stores and three ShopKo Express Rx stores, in 22 states primarily in the Midwest, Mountain a
Kim Coupounas Wins OIWC Pioneering Woman Award
Kim Coupounas, co-founder and CEO of GoLite, is the recipient of the Outdoor Industries Women’s Coalition 2006 Pioneering Woman Award. GoLite designs and produces ultra-lite and lightweight apparel and equipment. As the co-founder and CEO of GoLite, Coupo
Ashworth Fiscal Q4 Net Loss Expands on 14.5% Revenue Growth
Ashworth, Inc.'s consolidated net revenue for the fiscal fourth quarter, which ended October 31, increased 14.5% to $55.3 million compared to $48.3 million in the same quarter last year. Net loss for the fourth quarter was $2.2 million or $0.16 per b
Bite Footwear Hires Hasson as Key Acct. Rep.
Bite Footwear hired Julie Hasson as the Key Accounts Representative for the West Coast. In her new role, Hasson will oversee key accounts in the West Coast territory as well as help Bite Footwear merchandise its specially designed footwear for women. Hass
ISPO Sets Dates for ISPO China
ISPO china 06 will be held from March 13th through 16th, 2006, at the Shanghai New International Expo Center. Visitor communication is already in full swing, in order to further increase the coverage of the International Trade Show for Brands in Sports, F
Amer Reorganizes Salomon; Cuts 400 Jobs and Moves Production
Salomon, the newly-acquired winter and outdoor sports division of Amer Sports, has launched a three-year turn-around program designed to “ensure its future competitiveness.” The program includes a reorganization of Salomon operations and the elimination
Intrawest Completes Mammoth Sale
Intrawest Corporation announced that a group controlled by Starwood Capital Group Global, L.L.C. has completed the previously announced purchase of a majority interest in Mammoth Mountain Ski Area, based on an enterprise value of $365 million. The transac
Puma Takes Majority Interest In Argentinian Distributor
PUMA will become the majority shareholder of UNISOL S.A. UNISOL is the current PUMA licensee for footwear, apparel and accessories in Argentina and has been responsible for the distribution of PUMA products in Argentina for almost 30 years. With this join
Skinner Appointed Chairman of Kellwood
Robert C. Skinner, Jr. was elected chairman of Kellwood Company effective February 1, 2006. He will also continue in his roles of president and chief executive officer. Skinner succeeds Hal J. Upbin, who is retiring as chairman on January 31, 2006…
