Rocky Receives Financing Commitment for EJ Acquisition
Rocky Shoes & Boots has received financing commitments, subject to customary closing conditions from GMAC Commercial Finance LLC and American Capital Strategies, Ltd for credit facilities totaling $148 million. The new credit facilities will be used to fu
Nike Fiscal Q2 Net Up 46%; U.S. Futures Increase 10%
NIKE, Inc. reported second quarter revenues increased 11% to $3.1 billion, versus $2.8 billion for the same period last year. Second quarter net income totaled $261.9 million, or 97 cents per diluted share, compared to $179.1 million, or 66 cents per dilu
Wolverine Increases Dividend 50%; Will Split Stock
Wolverine World Wide, Inc. has announced a 50% increase in its quarterly cash dividend and also announced that its Board of Directors has approved a 3-for-2 common stock split. The dividend increase raises the pre-split quarterly cash dividend from $.065
Russell Corp. Nails Down NBA in $125 Million Deal
The National Basketball Association has entered into a new eight-year global partnership with Russell Corporation, marketers of Spalding basketballs and Huffy Sports backboards. The agreement, which was announced Wednesday by Russell Chairman and CEO Jack
Klein’s All Sports to Shutter All Doors
Klein's All Sports, an Upstate New York regional sporign goods mainstay for 56 years, will be going out of business and closing its 12 stores in the near future. The sale of all inventory in all 12 stores is underway and will continue until all inven
Kokatat Celebrates 10 Years of Women’s Specific Gear
2004 marked the celebration of Kokatat’s 10th Anniversary of women’s specific technical paddling garments. Since March of ’94, Kokatat has included women’s sizing and colors in most all of their creations- from dry suits and tops, to PFDs and Surf Trunks.
Sara Lee Appoints New Chief Customer and Marketing Officer
Sara Lee Corporation has appointed Christopher J. Fraleigh to the position of chief customer and marketing officer, effective next month. Fraleigh will report to Brenda C. Barnes, president and chief operating officer, Sara Lee Corporation. Fraleigh joins
Merchandising Director — Sport Supply Group
Sport Supply Group, a Dallas-based company and leader in the sporting goods industry, as well as one of DFW’s top 250 employers, is currently seeking an experienced individual to join our team as Merchandising Director. In addition to overseeing P
Product Manager — Sport Supply Group
Sport Supply Group, one of DFW’s top 250 employers and a leader in institutional sporting goods distribution is currently seeking an experienced individual to join our corporate team as Product Manager. This position will grow our strength, fitnes
Sales Reps Needed — Lotto USA
LOTTO Footwear and Apparel is seeking experienced and proven territory sales representatives who have strong account relationships within the tennis industry. Opportunities available in Washington, Oregon, Idaho- Arizona, New Mexico, Nevada- Northe
Canadian Apparel Federation Welcomes Government Support for Industry
The Canadian Apparel Federation welcomed a major announcement on apparel industry issues made this week by
Finance Minister Ralph Goodale. The announcement included reductions in customs duties totaling $90 million on imported raw materials – such as fab
Callaway Commences Search for New CEO
Callaway Golf Company is beginning the search process for a Chief Executive Officer to whom current CEO William C. Baker can ultimately turn over management responsibilities. Mr. Baker, who was appointed to the CEO position on August 2, 2004, will lead th
Bell Canoe Re-structures Management Team
Bell Canoe Works President and Owner, Ted Bell, announced that the company is revamping its internal management structure. The announcement accompanied news of the departure of Sales Manager Craig Johnson in Spring 2005. Effective immediately, John Woodru
Obermeyer Appoints Two New VP’s
Sport Obermeyer has promoted Barbara Owen to VP of Sales and Marketing, and Kathy Buzbee to VP of Merchandising and Design. Barbara Owen previously served as the company’s Director of Sales and Marketing. One of the longest-employed Obermeyer employees, h
Winterbike and Bicycle Leadership Conference Coming Soon
With February just around the corner, the bicycle industry is ramping up for the first-ever winter trade event, as show organizers, product suppliers, bicycle retailers, and industry leaders begin preparations for Winterbike 2005 – held in conjunction wit
