SGB Update Outdoor
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
Hibbett Sports Shrugs Off Urban Weakness to Post Solid Q4…
Hibbett Sports has upped their planned store count to be somewhere between 1,200 to 1,300 doors within the next five to seven years, effectively doubling their store base from the current level. Roughly a third of the current stores are designated as urb
Adams Golf Gets Irons Boost in Fourth Quarter…
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. Domestic sales lagged slightly behind International, though were still well up for the quarter, increasing 34.7% to
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
American Chiropractic Association States Concerns About Wheeled Shoes
The American Chiropractic Association issues a warning concerning the safety of wheeled shoes. The group of doctors of chiropractic are expressing concerns about safety, both for the children who use them and others who must dodge children skating in crow
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
Etonic Names Elwell as CEO
Etonic Worldwide has chosen industry veteran Tom Elwell to be the company’s next CEO. Elwell comes to Etonic with over 30 years of experience in the footwear and golf industries, most recently serving as Mizuno USA’s vice president and general manager of
PacSun Q4 Net Income Tumbles on Falling Comps
Pacific Sunwear of California, Inc. fourth quarter of fiscal 2006 total sales were $458.2 million, an increase of 7.8% over total sales of $424.9 million for the fourth quarter of fiscal 2005 ended January 28, 2006. Same-store sales decreased 4.3% for the
adidas Takes DFB to Court Over Contract
adidas will be taking the German Football Association (DFB) to arbitration court over a disagreement regarding the length of adidas' sponsorship agreement. adidas said in a release that it believed the deal “was effectually extended in August 2006 un
JC Penney to Open Logistics Center in California
J. C. Penney Company, Inc. will open a 436,000 square-foot cross-dock logistics center in Lathrop, Calif. The operation will occupy an existing building at 700 D'Arcy Parkway in the Crossroads Commerce Center. Its primary function will be to receive
Stride Rite Changes Shareholder’s Rights Plan
The Stride Rite Corporation's Board of Directors has adopted a new shareholder rights plan to replace its existing plan that was scheduled to expire in July 2007. The Plan is designed to enhance the Board's ability to protect shareholder interes
Polartec LLC Completes Acquisition of Malden Mills’ Assets
Polartec, LLC has completed the acquisition of the assets of Malden Mills Industries, Inc. Polartec, LLC will continue manufacturing operations at its Lawrence and Methuen, Massachusetts, Hudson, New Hampshire, and Shanghai, China plants. Michael Spillane
Athlete’s Foot Parent Inks Financing Deal for $150 Million War Chest
NexCen Brands, parent company to The Athlete's Foot, has entered into a master loan agreement arranged by BTMU Capital Corporation that will support the Company's strategic goals and provide additional capital for the acquisition of intellectual
