Callaway Cuts 2004 Guidance on Weaker Sales Outlook
Callaway Golf Company is reducing its revenue and earnings guidance in light of weakening sales trends. Key factors causing the lowered expectations include the underperformance at retail of its titanium driver models, a continuing decline in business in
Phoenix to Acquire Military Boot Maker
Phoenix Footwear Group, Inc. has entered into a definitive agreement to purchase Altama Delta Corporation, which makes high performance combat and tactical boots for U.S. and foreign militaries, government agencies and the commercial sector. PXG will pay
Phoenix Footwear Group Appoints White to CEO Post
Phoenix Footwear Group, Inc. has appointed Richard E. White as Chief Executive Officer of the company. Mr. White has been a member of Company's Board of Directors since May 2004. James Riedman, formerly Chairman and CEO, will retain the title of Cha
Phoenix Footwear to Float Additional Shares
Phoenix Footwear Group, Inc. intends to increase the size of its proposed registered follow-on public offering of common stock to approximately 2,500,000 shares. In addition, the Company expects to grant the underwriters an over-allotment option to purch
China Quota Expiration Causing Outcry; U.S. Consumer Apathetic
The expiration of apparel quotas for WTO member countries — notably China — at the end of this year is prompting an outcry by members of Congress and a new international coalition of textile and apparel industries and labor associations from 45 countrie
DeFeet Signs Bode Miller
DeFeet recently signed a sponsorship deal with World Cup Ski Racer, Bode Miller. “It’s great to be working with DeFeet on their ski sock line,” Miller said. “They're all about performance, and they’ll build me exactly what I need to win.”
Dennis Madsen to Retire from REI in 2005…
REI CEO Dennis Madsen will be retiring following the company’s annual general meeting at the end of March, 2005. Over the next 10 months he will assist Sally Jewell, current COO, in transitioning to the role of CEO. BOSS caught up with Madsen just before
Keen’s Sales are… well…, Keen…
With all of the stories of great sell-through and amazing consumer response surrounding Keen Footwear, BOSS decided to took a closer look at the company, catching up with Jim van Dine, VP of Sales, in between his latest round of flights. Apparently much
LaFuma Income Outpaces Sales; U.S. Helps Drive Growth…
LaFuma is reporting a 29.0% increase in net attributable profit to €1.6 million ($1.9 mm) for the first half of the year on a 1.5% increase in sales – from €80.4 million ($82.0 mm) in the first half last year to €81.6 million ($98.2 mm) for the first six
Chinook Expands into Branded Footwear
Chinook Trading has been producing private label footwear for retailers for over a decade now, but has recently decided to launch its own brands in order to build more equity. In charge of the new project is former Kamik Global Marketing VP, Mike Coogan..
Asolo Takes Lowe Alpine East to NH…
Asolo USA has decided to re-organize and relocate Lowe Alpine’s American operations and brand management. The Colorado-based offices will join Asolo N.A. in their headquarters in New Hampshire. As part of the transition process, two of Lowe’s key executi
Deckers Looks to Int’l, New Segments…
Deckers CEO Doug Otto provided quite a bit of detail on the Teva brand at the Piper Jaffray Consumer Conference in New York City last week and highlighted the strong performance of Deckers’ Ugg product.Finalizing the purchase of the Teva brand from Mark T
While Kellwood Sees Limited Opportunity in Outdoor…
Kellwood CEO Hal Upbin went into real detail about the company’s performance at the Piper Jaffray conference, but glossed over the American Recreation division. He did mention that American Rec. is currently the number two player in the U.S. camping mark
Specialized Hit with Heavy EU Fine…
The Netherlands-based trade publication, Bike Europe, is reporting that Specilaized has been handed a €500,000 ($605,000) fine for suddenly ending a distribution agreement with Ets. José Alvarez. The fine is to cover “economic, financial & commercial los
Bush Tells America to Get Outdoors…
The OIA is quite pleased with the recent presidential proclamation which officially declared June “Great Outdoors Month.” The language used in the document was remarkably similar to much of the language the OIA has been using in its efforts on Capitol Hil