GBMI Appoints New VP of Info Technology
Global Brand Marketing, Inc. has appointed Ram Reddy as Vice President of Information Technology. In this newly created position, Reddy will be responsible for planning, developing, and implementing GBMI’s information technology strategy. Previously, Red
Rocky Shoes and Boots Sees Record Q3 Despite Hurricane Impact…
Rocky Shoes & Boots, which now also owns the Gates Gloves business, said they expect third quarter earnings to increase approximately 22% to $50 million, while EPS are expected to meet analysts consensus estimate of 95 cents per diluted share, or a 23% in
Holiday Retail Sales Strength May Come Down to Battle of Wills…
The prognosticators were out in force over the last few weeks, making their predictions for the upcoming Holiday selling season. While most reports mention the obvious influence of higher gas prices, rising interest rates, and the Iraq war, none acknowle
Salomon Looks to Apparel and Footwear to Improve Margins, Build Sales…
The honors of presenting the Salomon division overview at adidas-Salomon’s Investor Day last week went to Christian Finell, who heads up Salomon for the Europe region. In reviewing the market, Finell said that Salomon had seen sales increase 400% since 1
adidas-Salomon Paints a Rosier Picture…
The attitude at adidas-Salomon management over the last year has gone from aggressive prognostications and bluster to a sense of a quiet confidence that they are indeed finally headed in the right direction to once again bring the adidas brand back into g
September Retail Comp Sales Results Impacted by More than Weather Woes…
At first look, September retail sales took a hit from multiple hurricanes in the Southeast and unseasonably warm weather in the Midwest. However, on closer review, it appears that the sluggish – and mostly negative — results reported by most retailers i
A Look at YTD Athletic Footwear Results…
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 billion in 2004, compared to $7.36 billion i
More Sneaker Firms on Auction Block…
The revelation in August that Saucony was exploring opportunities for a sale of the company forced a number of other companies to reveal their plans as well. Industry speculation has had Brook Sports, which is owned by private equity firm JH Whitney, for
SIA and SportsNewsSource Announce Marketing Partnership
SnowSports Industries America has announced a long-term marketing partnership with SportsNewsSource, LLC, publishers of The B.O.S.S. Report and Sports Executive Weekly newsletters, to co-produce a monthly SnowSports industry newsletter…
adidas Shakes Up Sports Marketing; Continues Hoop Drive…
adidas has reportedly brought in Martin Brewer, the company’s former head of global sports marketing, to replace the departing Kevin Wulff to run sports marketing for adidas America. The move is expected to take place November 1. Brewer, who left adidas
Crissafuli to Head New Apparel Unit for K2 Inc.; Martin takes Marmot Reins
K2 Inc. announced the appointment of Mark Martin as Division President of Marmot.. Mr. Martin succeeds Steve Crisafulli, who will assume a new role for K2 Inc. to lead the development of the technical apparel platform. Mr. Martin, who has been with Marmo
Bob’s Stores Ramps Up Merchant Team…
TJX has finally tipped a portion of its hand in its plans for Bob’s Stores, announcing last week its merchant group that will lead its strategy for the value chain. Bob’s has added three merchandise managers, bringing the total to five people which will
Pacific Sunwear Brings in AandF Vet to Run Business
Pacific Sunwear of California Inc. announced that Seth Johnson will join its board of directors and be named COO on Nov. 1, 2004, and transition to CEO on April 1, 2005. Current CEO Greg Weaver will transition to the executive chairman role on April 1, 20
Billabong Picks Up Footwear Brand…
Billabong appears to like the new model at Quiksilver after that company acquired the DC Shoes brand. Billabong International Ltd. has moved to acquire the four-year-old Kustom surf shoe brand as part of the purchase of Palmers Surf Company, which market
Sport-Haley Appoints Chairman of the Board
The Sport-Haley, Inc. Board of Directors has appointed Ronald J. Norick, a current director, as Chairman of the Board. The Chairman of the Board position was newly-created by the Company through an amendment of its Bylaws. Chairman of the Board is a non-e