SGB Update Outdoor
Ashworth CEO Resigns; Company Appoints New Chairman and President
Ashworth, Inc. announced several Board of Directors and executive officer changes to be fully implemented over the next five weeks. After ten years of service as Ashworth's CEO and six years as Chairman of the Board, Randall L. Herrel Sr., announced
Eddie Bauer Plans Three New Locations
Eddie Bauer plans to open three new stores. The first will be at the Westfield San Francisco Centre in conjunction with the mall grand opening. The second is will be located at Avenue at West Cobb in Marietta, Ga., and the third is in The Shoppes at Susqu
Nike Pays London Borough for Logo Use
Nike Inc. will pay the London borough of hackney over half a million dollars for the unauthorized use of the borough’s name and crest on a line of World Cup soccer apparel. The logo, a round letter H surrounded by the words “The London Borough of Hackney,
Wal-Mart Continues to Roll-out RFID Technology as Costs Fall
Wal-Mart will bring another 500 stores and clubs online with its RFID (radio frequency identification) initiative by the end of this fiscal year, bringing the total number of its retail locations using the technology to more than 1,000. The company has mo
DSW Plans New Campus in Columbus, Ohio
DSW Inc. plans to create a corporate campus in Columbus, Ohio, to accommodate its continued growth. Plans call for a new 150,000 square foot office expansion to be combined with the existing 700,000 square foot distribution center and offices, creating a
Execute Sports Inks EU Distribution Deal with UDT
Execute Sports, Inc. has entered into a strategic partnership with UDT Distribution Corporation. Under the agreement, UDT will retain exclusive rights for the sales and marketing of the Academy Snowboard Company brand throughout Europe. UDT is required to
TJX Approves Succession Plan…
The TJX Companies, Inc. has approved a succession plan for executive management of the company which will see Carol Meyrowitz, who was named president of TJX in October 2005, moved to the position of Chief Executive Officer, effective with the beginning o
OIA-Backed Legislation Sees Opposition and Support…
In its on-going balancing act to draft legislation that both protects domestic manufacturing and promotes free trade, the Senate Finance Committee posted comments concerning several bills that could impact the outdoor industry. As expected, there were voc
Global Sources’ Survey Shows Increasing Prices in China
Global Sources' third Bi-Annual China Supplier Survey shows that 70% of mainland China manufacturers plan to raise export prices in the next 12 months — up from 63% at the end of the second half of 2005. Higher metal and plastic prices, higher domes
Companies Provide New Insights at Conferences…
At the Prudential Equity Back-to-School Conference, VF Corp. provided additional color on their new retail strategy, which should account for about 18% of VF’s total revenue by 2009. At the Goldman Sachs conference, Dick’s Sporting Goods took the opportun
Y.P.S. Inc. Wins Thule Agency of the Year
Y.P.S. Inc. of Seattle, WA recently won Thule's Agency of the Year honors. The Y.P.S. team of Ned Johnson, Kathy Southard, Steve Plass, and Rob Scott were recognized for the strong sales and service they demonstrated in 2005, in which they pioneered
Panoptx Promotes Meller to Sales Manager
Panoptx promoted Lance Meller to national sales manager for all distribution channels. Previously, as sales manager for the marine and snow channels, Meller successfully increased sales volume. The appointment is effective immediately…
Cabela’s Opens 3rd Nebraska Store
Cabela's will open its newest destination retail store in La Vista, Neb., just south of Omaha, on Friday, November 3, 2006. The La Vista store is Cabela's third location in its home state…
Back-to-School Footwear Sales Suffer from Shift from Classics…
The downward slide for athletic footwear that has progressed since the retail first quarter and slowed further in the second quarter continued into August, although the rate of decline for the month was a clear improvement over the July period. While ret
Quiksilver Inc. Cuts Q4 Guidance on Weaker Golf Market; Action Sports Still Seen as Strong…
While many in the apparel industry are talking about a growing weakness in action sports lifestyle at retail, Quiksilver is seeing just the opposite. The company said that it just finished its strongest summer ever in terms of core retailers while chain,
