SGB Update Footwear
Sears Holdings Gets Majority Share of Sears Canada
Sears Holdings Corporation's wholly-owned subsidiary SHLD Acquisition Corp. has taken up 10,161,968 common shares of Sears Canada pursuant to its take-over bid, representing approximately 9.5% of Sears Canada's outstanding shares. As a result, S
Outdoor Industry Rendezvous Scheduled for October in Chattanooga
The Outdoor Industry Rendezvous the industry’s largest leadership conference October 11-14, 2006 in Chattanooga, Tennessee to expand network and create new industry colleagues; explore new business tools and techniques; discover models of innovation and p
Palmer 2006 Sales ‘Above Expectations’
While spring riding is on the minds of most snowboarders, winter is still on the minds of Palmer Snowboards’ executives… next winter that is. With SIA behind them and preseason sales well underway, the Palmer sales team is breathing a sigh of relief. 2006
Oakley to Acquire Optical Shop of Aspen
Oakley, Inc. has signed a definitive agreement to acquire all of the outstanding stock of privately held OSA Holding, Inc. and its wholly owned subsidiary, The Optical Shop of Aspen (OSA). Specific terms of the agreement were not disclosed. The company ex
Warrior Lacrosse Named as Title Sponsor for 2006 World Lacrosse
Warrior Lacrosse will assume title sponsorship of both Team Canada’s men’s field lacrosse team and the 2006 Warrior World Lacrosse Championships in London, Ontario, held from July 13-22. The 2006 Warrior World Lacrosse Championships are hosted every four
Meier to Retire as Kohl’s COO; Will Resign Board Seat
Kohl's Corporation has announced that Arlene Meier plans to retire by the end of 2006. Ms. Meier, who has served as the chief operating officer since 2000 joined the company in 1989. Ms. Meier will continue in her current management capacity until a
Footstar Changes Stock Symbol
Following the company's emergence from Chapter 11 last month, Footstar, Inc. is now trading on the Pink Sheets under the symbol FTAR. The company’s stock formerly traded under the symbol FTSTQ…
Globe Int’l Posts 9.5% H1 Sales Decrease
Globe International reported a 9.5% decrease in sales for the fiscal first half to A$98.3 million ($73.9 mm) from A$108.6 million ($79.7 mm) during last year's first half. The company saw EBITDA for the first half decrease 83.1% to A$1.2 million ($0
adidas Honored as Cannes 2006 Advertiser of the Year
The Organizers of the 53rd Cannes Lions International Advertising Festival have announced that adidas will be awarded the prestigious Advertiser of the Year award, which will be presented to Erich Stamminger, president and CEO of the adidas brand, in hono
Russell Rolls Out New Integrated Team Dealer Group…
In an effort to better emphasize and leverage its portfolio of team sports brands, Russell Corporation has created an integrated Russell/Spalding Team Sports Group to manage all team dealer efforts for the Russell Athletic, Spalding, Huffy Sports, Bike At
K2 Inc. Profits Hurt by Goodwill Write-Down…
K2 Inc. reported healthy organic growth for the 2005 fourth quarter, but a large write-down related to the company’s goodwill and intangible assets negatively impacted earnings by $253.2 million for the quarter and the year. This charge resulted from K2’
Rossignol Deal Makes Europe Quiksilver’s Largest Region; Quik Cuts Fiscal Q2 Guidance…
Quiksilver, Inc. reported a considerable top-line benefit from the Rossignol acquisition during its fiscal first quarter ended January 31 and was able to able to take full advantage of the “lost quarter” effect since Rossignol was not on a quarterly repor
Stride Rite Solidifies Saucony and Hind Management…
The Stride Rite Corp. shuffled the deck at its Hind and Saucony subsidiaries this past week, enhancing the top management structure and the design department. At Hind, Todd Dalhausser was appointed general manager. He will report to Richie Woodworth, pre
Outdoor and SG Retail Finishes 2005 With a Bang…
Large national outdoor retail chains saw a banner year in 2005, with higher than expected comps that trickled down to the bottom line. The two largest specialty outdoor retailers in the country, REI and L.L. Bean, were able to capitalize on great winter c
Big 5 Appoints Jessick to Board
David Jessick has been appointed to Big 5 Sporting Goods Corporation's Board of Directors, effective March 7, 2006. Mr. Jessick will serve on the Audit Committee of the Board of Directors and will replace John Danhakl, who has served as a director si