Jarden Acquires Camping Market Share Leader
Jarden Corporation, the company behind several consumer brands such as Bicycle playing cards and FoodSaver vacuum food storage devices, has acquired all of the assets and assumed all debt of Coleman’s parent company, American Household. The $745.6 million
SMS Clothing Attracts New Investors and Hires Marketing Mgr.
SMS Clothing has appointed a new sales manager and attracted new investors to “take their technical outerwear line to the next level.” Peter Godber recently joined the SMS team as North American Sales Manager…
Cherokee Announces Renewal of Mervyn’s Licensing Agreement
Cherokee Inc. reported that Mervyn's has extended its existing licensing agreement with Cherokee for an additional three (3) year period through January 31, 2008. The Mervyn's licensing agreement is for Cherokee's Sideout brand…
DC Shoes Adds Muscle to DC Films Unit
In a move to expand DC’s video production department, DC Shoes, Inc. has added Kirk Dianda as Producer/Director of DC Films. In his new role, Kirk will be responsible for directing, producing, filming and editing a variety of DC video projects under Greg
NSGA: Senate Approves $75 Million in PEP Funding for 2005
The National Sporting Goods Association is reporting that the Senate Appropriations Committee approved the fiscal year 2005 education spending bill last week, and included in the bill was $75 million for the Carol M. White (PEP) Physical Education Program
SGMA: H1 Athletic Footwear Spending Rises 5%
SGMA International is reporting that consumer spending for athletic footwear during the first six months of 2004 rose 5% over spending during the same period in 2003, according to research by The NPD Group. Spending during the first half was $7.73 billio
Nike Beats Fiscal Q1 Street Estimates; U.S. Futures Up 11%
NIKE, Inc. reported that revenues for the fiscal first quarter ended August 31 increased 18% to $3.6 billion, versus $3.0 billion for the same period last year. Net income totaled $326.8 million, or $1.21 per diluted share, compared to $261.2 million, or
Fu Sheng Acquires Certain Coastcast Assets
FS-Precision Tech Co LLC, a subsidiary of Fu Sheng Industrial Co, Ltd., has acquired the non-golf business and certain assets of Coastcast Corporation. The all cash transaction included the Rancho Dominguez facilities and assets. Coastcast has retained it
Atomic Tunes Race Department
In preparation for another season of World Cup racing, Atomic Ski is pleased to announce the promotion of Jake Strassburger to its Race Department. Having worked with Atomic for three years, Strassburger fills the newly created position of Race and Promot
Jarden Corp. Acquires Coleman Parent Company
Jarden Corporation has signed a definitive agreement to acquire privately held American Household, Inc. for $745.6 million in cash for the equity and the assumption or repayment of indebtedness. American Household is the parent of The Coleman Company, Inc
Reebok Inks Deal with Streetwear for Big and Tall Collection
Reebok International has joined with Streetwear Inc. to launch a collection of Reebok “Big and Tall” men’s fitness, core and NBA licensed apparel. Ideal for large athletes and fitness enthusiasts, the collection debuted last month exclusively at 430 “Cas
adidas-Salomon Sees Shift in Central Europe Management
After more than 16 years with the company, Michael Rupp, currently Managing Director of adidas' Area Central (AC) will take a one-year- break from his responsibilities at adidas-Salomon. Effective September 27, Ulli Gritzuhn will join adidas-Salomon
Kohl’s Appoints Federated Vet as Footwear GMM
Kohl's Department Stores has announced that Chris Capuano is joining the company as EVP/GMMfor Home and Footwear. She will report directly to Kevin Mansell, Kohl's president. Prior to joining Kohl's, Capuano was senior vice president-Home
Reebok Recalls Toddler Shoes
After receiving a customer complaint about its ‘Iverson/Answer’ mid and low-athletic toddler shoes, Reebok has voluntarily recalled the product, in cooperation with the CPSC. The company stated in a release that the ‘I-3’ logo on the shoes was easily remo
Nike Posts Solid Quarter to Start New Fiscal Year…
NIKE, Inc. moved their traditional quarterly earnings release date up a few days to accommodate the company’s annual meeting on Monday, a move a number of analysts applauded for its timing and content. Company management was again almost giddy with excit
