NSGA: Sporting Goods CPI Trends Positive
The Natioanl Sporting Goods Association is reporting that the most recent data from the Bureau of Labor Statistics showed the Sporting Goods CPI Index at 101.8 for November, up 0.3% versus the November 2002 index. This is the second month in a row the In
New Era Sposors Bernstein Drag Racing Team
Six time NHRA world champion, Kenny Bernstein, announced the addition of New Era Cap Company, Inc. as a major associate sponsor in 2004 for his Budweiser/Lucas Oil Top Fuel dragster that will be driven by his son Brandon. New Era markings will appear on
Kayser-Roth Merges Operating Groups
Kayser-Roth has restructured its design, marketing and sales teams to take advantage of strengths within both its Department and Specialty Store and its Food/Drug/Mass groups by merging the two. Julia Townsend has been promoted to EVP/GM of Kayser-Roth an
Hi-Tec Appoints New UK Sales Director
Hi-Tec Sports has appointed Glenn Bennington as Sales Director of it’s UK subsidiary. With over 19 years of experience within the footwear industry, initially with adidas and Fila, Bennington joins from the Universal Footwear Corporation where he worked a
VF Corp. Elects Otis to Board
Mackey J. McDonald, Chairman and Chief Executive Officer of VF Corporation announced the election of Clarence Otis, Jr. to the Company's Board of Directors. This brings to 12 the number of directors on the Company's Board…
Kmart Sees ‘Significant’ Profit from Holiday Period
Kmart Holding Corporation that, as a result of strong inventory management and the reduction of unprofitable promotions, the Company expects a significant profit for the first two months of its fiscal fourth quarter,
November and December 2003. Income be
Collegiate Pacific Raises Guidance on Acquisition Deals
Collegiate Pacific has issued guidance for fiscal 2004, which runs through June 2004, showing an 80% increase in revenues to $38 million vs $21 million in the fiscla 2003 period. Net income is expected to rise to $1.8 million from $570,000 in FY2003. Th
Yuen Yuen Sells Off Pou Chen Interest
The move by Yue Yuen to sell off 44.8 million shares of Pou Chen Corporation on the Taiwan Stock Exchange netted the company a $23 million gain and is seen as a move to dispose of non-core assets and deploy the resources into the core footwear and apparel
Tommy Armour’s McNally Passes Away
The golf industry lost one of its most respected executives over the holiday season as Robert MacNally II, former chairman and president of the Tommy Armour Golf Company, died Dec. 29, at age 71. MacNally was president of Tommy Armour Golf from 1979-95 a
SGMA Appoints Russell’s Letzler to Board
SGMA International has appointed Jon Letzler, President and Chief Operating Officer of Russell Corporation, as a member of the Board of Directors.
“The overall mission of SGMA International complements those of the Russell Corporation,” said Letzler.
Balance Designs Adds to Sales Team
Balance Designs, creators of the Vew-Do Balance Board and re-inventor of the concept, have added four reps to the sales team. Rich Anderson and Chris Putney will rep the line in New England, Todd Kerbs in Colorado-Utah-Wyoming and Jono Hicks in Norcal an
Sole City Promotes Bernstein to COO, Roselli to Head Sales
Sole City, Inc. has announced that Jeffrey Bernstein has been promoted to Chief Operating Officer overseeing the company's footwear (Avirex, Troop, US Polo Assn.)and apparel (Schoold of Hard Knocks and Tradition) divisions and Tony Roselli has been p
Athletic Footwear ASP’s on the Rise
With advances in average prices outnumbering declines two to one for the 22 categories of athletic and sports footwear surveyed by NSGA, the average price point for all footwear rose 1.1% in 2004. The average price rose to $39.32 in 2004 from $38.88 in 20
Retailers Report Five-Year High in Holiday Sales
Powered by heavy consumer traffic the week preceding and the day after Christmas, U.S. retailers are closing out their strongest holiday season in the last four years, according to a Chicago firm that follows shoppers' spending. Sales for the wee
Bauer Nike Hockey Names European Business Director
Bauer Nike Hockey, Inc. announced that Dirk Paulus has joined the company as the International Regional Business Director for its European operations. Paulus was recently the Footwear Business Director for Nike Germany. He spent 13 years with Nike where
