Diane M. Sullivan Becomes CEO of Brown Shoe
Diane M. Sullivan, as expected, has assumed the role of president and chief executive officer of Brown Shoe Company, Inc., the parent of Famous Footwear…
JJB Says Turnaround Could Take Years as Losses Widen
JJB Sports, the U.K. sporting goods chain, warned that it would take as long as five years to turn around its business as it reported its losses widened in the last year. Pre-tax losses in its year ended Jan. 30 ballooned to 181.4 million pounds ($293.2 m
Bike Expo 2011 Reports Surge in Registration
Bike Expo said exhibitor registration is running 26 percent ahead of last year thanks in part to its expansion into all segments of the cycling industry…
Brown Shoe’s Earnings Slide in First Quarter
Brown Shoe Company, Inc. reported its first quarter sales rose 4.5 percent to $624.6 million from $597.7 million a year ago, reflecting the acquisition of American Sporting Goods. Famous Footwear's comps were down 3.9 percent. On an adjusted basis, n
Fielding Eyewear Names VP of Marketing
Sportsquest, Inc. said its Fielding Eyewear unit appointed Jim Spangler as vice president of marketing and brand development.
Haiku by Sharon Eisenhauer, Inc. Moves HQ, Outsources Fulfillment
Haiku by Sharon Eisenhauer, Inc., which makes handbags and other functional accessories for women, is relocating its offices from Oakland to Berkeley, CA. and outsourcing distribution to Planet Access Company near Chicago, Ill to accommodate growth. The c
Merrell’s New Mall of America Store Up and Running
Wolverine Worldwide opened a new Merrell concept store at Mall of America in Bloomington, MN this spring…
Chinese Seize 72,000 Pair of Counterfeit Teva Sandals in Xiamen
Deckers Outdoor Corp. confirmed that customs officials in the port city of Xiamen, China seized 36,720 pairs of counterfeit Teva sport sandals with a value of RMB 216,100 ($33,280). A day after asking officials to detain the batch, customer officials seiz
Derby Cycle Sales Rise 40.3 Percent in First Half
German bike maker Derby Cycle said its sales outside Europe rose 171.9 percent to €3.9 million ($5.3mm) in the first half of 2010/2011 due largely to sales by its U.S. subsidiary. Overall revenues rose 40.3 percent to €114.4 million ($156.0mm)
Invista to Invest $100M in Brazilian Lycra Plant
Invista is investing more than $100 million in a new Lycra fiber production plant in Paulínia, São Paulo State in Brazil. Construction for the expansion project will begin immediately, with an expected opening in late 2012…
Tennessee Lawmakers Look to Lure Outfitters with Bill
Lawmakers in Tennessee have introduced the Tennessee Adventure Tourism and Rural Development Act of 2011 to encourage the development of adventure tourism in rural areas suffering high unemployment…
Western Ski Resorts Continue to Post Solid Occupancy Gains
Overall occupancy at major western mountain resorts finished up 5.7 percent this winter compared to last season, capping off a near record year for the snowsports industry in terms of lodging occupancy, skier visits and retail sales, according to Mountain
High Gas Prices, Outdoor Industry Bolster Allure of Staycations
The staycation of 2008 fame appears to be making a comeback as rising gas and other prices continue to squeeze family budgets, according to the American Automobile Association’s annual forecast for the Memorial Day holiday…
Descente Fiscal Year Profits Jump Despite Flattish Sales Growth
Descente Ltd reported sales for the fiscal year ended March 31 reached ¥75.73 billion ($886 mm), up 0.4 percent from ¥76.02 billion ($819 mm) in the prior fiscal year…
Warrior Hockey Reorganizes, Acquires Smith Hockey
Warrior Hockey, which is owned by New Balance, announced a significant restructuring of its global product development organization and the acquisition of Smith Hockey Company, Inc. of Brockport, N.Y…