Vans Named in Class Action Lawsuit
A class action lawsuit has been filed against Vans, Inc. in the United States District Court in California on behalf of the City of Dearborn Heights Act 345 Police & Fire Retirement System and purchasers of VANS common stock during the period between Marc
SEW Goes One-On-One with… K2’s Richard Heckman
Richard Heckman has been CEO of K2 Inc. since October 2002, Chairman of the Board since April 2000 and a director since 1997. Mr. Heckmann retired as Chairman of Vivendi Water in June 2001. He was Chairman, President and CEO of US Filter Corporation. Mr.
The State of the Industry 2004: Does it Really Have to Decline Like This?
SGMA International released their annual State of the Industry report at the recent Super Show in Orlando, and once again focused on the “positive developments” for the industry despite a year of negative growth…
Under Armour Takes on Equity Partner…
In an exclusive interview with Sports Executive Weekly, Under Armour founder and CEO Kevin Plank announced that Under Armour has sold a 9% stake in the performance apparel brand to Rosewood Capital, a San Francisco-based private equity firm. Plank did no
Callaway Takes Top-Flite Hit, But Future May Be Heading in Right Direction…
On the surface, Callaway Golf Company’s results for the fourth quarter and full year 2003 looked like the company was heading in the right direction on the top-line and in the wrong direction in the bottom line…
Acushnet Golf Sees Double-Digit Growth Trend Continue; Builds Share…
Fortune Brands reported that the Acushnet golf division delivered its third consecutive quarter of double-digit sales growth in the fourth quarter of 2003, rising 12.8% to $192 million from $192.8 million in Q4 2002…
Rossignol Shakes Off FX Rate Impact…
On the surface Rossignol appears to be yet another European company with sales being held back by poor U.S. and Asian exchange rates…
Dodge Latest Casualty in Ex-JFF Fiasco…
The old Just for Feet claimed its latest victim in the form of Steve Dodge, the former VP of footwear sales for Converse. Dodge was more recently VP/GM of Tecnica’s Outdoor & Winter Footwear division…
Pacific Trail Signs Japanese Licensing Agreement
Pacific Trail Inc. is continuing its global brand-building efforts through a new Japanese license agreement with Ingram Co., Ltd. As master licensee for the Pacific Trail brand in Japan, Ingram Co., Ltd. will manage and oversee the design, development an
Quiksilver Prevails in Suit Against Former Licensee
A federal court jury has awarded Quiksilver, Inc. all unpaid royalties, as well as its requested nominal damages, in an action against GMT, Inc., a watch licensee terminated by the apparel manufacturer. The jury also denied all of GMT's counterclaims
GNC and Golf Merchandisers in 2004 Sponsorship Deal
Greg Norman Collection has inked a sponsorship agreement with the Association of Golf Merchandisers for 2004. As part of the agreement, Greg Norman Collection will sponsor the association's Bulletin Board on the “Member's Only” section of its we
Fox River Hires New Reps
Fox River Mills, Inc., has named Mike Lilly as the new sales representative for the upper Midwest. Lilly will handle Fox River sales in North and South Dakota, Minnesota, Wisconsin and Northern Illinois.
Fox River has also hired Kent Bocks and his agency
SGMA: PEP Bill Passes with 15% Increase in Funding
For the fourth consecutive year, physical education received a boost on Capitol Hill. Congress finalized a 15% increase in funding for the Carol M. White Physical Education for Progress (PEP) program as part of a 2004 omnibus spending bill, was approved
Smith Hires Robinson as Int’l and Internet Sales Mgr.
Smith Optics is pleased to announce the hiring of Scott Robinson as the new Sales Manager for international
and internet sales. In this newly created position Robinson will be responsible for executing strategic business plans to achieve sales and margin
New Era to Consolidate Manufacturing in Derby
New Era Cap Company notified its Western New York employees Friday of its need to consolidate its two manufacturing facilities in that area in order to help maintain a competitive position in the marketplace. The headwear company will transfer operations