SGB Update Outdoor
Spiegel Will ‘Rationalize’ Catalog Workforce
The Spiegel Group announced that, as part of its ongoing restructuring process, it is taking steps to rationalize its operations, making headcount reductions at its Spiegel Catalog division and its corporate support staff…
Foot Locker to Redeem $150 Million in 5.5% Notes
Foot Locker, Inc. has provided The Bank of New York, as Trustee under the indenture, with notification that it intends to redeem all of its $150 million outstanding 5.5% convertible subordinated notes, effective June 4, 2004.
Under the terms of the notes,
Peter Benjamin is New COO at GBMI
Global Brand Marketing, Inc. announced the appointment of Peter Benjamin to the role of Chief Operating Officer of GBMI. He will be responsible for overseeing all aspects of company operations at GBMI, from the moment an order arrives at GBMI until it is
VF Acquires Italian Outdoor Firm; Moves to Establish EU Expansion Foothold…
VF Corporation has added another brand to its growing outdoor coalition, announcing a deal last week to acquire Green Sport Monte Bianco of Aosta, Italy. The company was acquired for an undisclosed amount, but was funded through cash reserves…
SG Trade Groups Rally Support in D.C…
Washington, DC is being bombarded with sporting goods industry executives, athletes, and lobbyists this spring, as one trade organization after another heads for The Hill. Led by the Outdoor Industry Association’s Capital Summit in April (BOSS_0415), D.C
Huffy Focuses Efforts; Net Loss Grows…
Even though Huffy reported that sales are in-line with its previously issued guidance, the company will post a larger-than-expected net loss for the first quarter of 2004. Huffy said this quarter’s net loss will be “significantly higher” than last year’s
Unions Cry Foul to U.N. in Nike’s Canada Factory Moves…
Labor unions upset with Nike’s decision to shutter two Canadian factories that produce product for its Bauer Nike Hockey division are taking their dispute to the United Nations, calling on U.N. Secretary-General Kofi Annan to confront Nike with its respon
SEW Goes One-on-One with Bob Corliss
Robert J. Corliss is president and CEO of The Athlete’s Foot, the world’s largest franchisor of athletic footwear. Corliss joined TAF in 1998, following a successful 25-year career as an executive and entrepreneur in the retail industry. In 2003, Corlis
Douglas No Longer Analog’s GM; Burton Resumes Search
Unforeseen business obligations have forced both Burton and Steve Douglas to re-examine their recently signed deal for Steve to come on board as the new General Manager of Analog Clothing. Steve's many past businesses and the contractual constraints
Brunswick Ups Q1 and Full Year Guidance
Brunswick Corporation said it will report earnings estimated between 48 cents and 50 cents per diluted share for the first quarter of 2004, up from previous guidance of 35 cents to 40 cents per share. BC also raised its estimate for the full year to betwe
Schutt Sports Inks Sponsorship Deals
Schutt Sports, the NFCA’s Official Training and Field Equipment sponsor, has renewed its agreement with the National Fastpitch Coaches Association for three more years. The new contract extends sponsorship through the 2005-06 academic year. Schutt also h
Unifi Names Parks COB
Brian Parke has been named Unifi's Chairman of the Board, effective April 22. Parke will assume the role of Chairman in addition to his current responsibilities as President and CEO. Donald F. Orr, who has served as Chairman of the Board since March
Bosworth Appointed to VP of Sales At Top-Flite
The Top-Flite Golf Company appointmed James L. “Jamie” Bosworth to the position of VP – U.S. Sales, effective immediately. Bosworth will oversee all of the sales activities at the Company, reporting directly to Top-Flite Golf President and Chief Operating
Rebel Sport Q3 Comps up 1.8%
Rebel Sport Limited’s group sales revenue for the nine months ended 27 March 2004 increased by 7.6% to $226.97 million when compared to the nine months ended 29 March 2003, including sales revenue from the Glue lifestyle stores. Sales on a same store basi
Mountainsmith Hires Cisek to Cover Midwest
Peter Novak, vice president of sales for Mountainsmith, recently announced the appointment of Chet Cisek as regional sales and marketing representative for the company's Midwest states…
