adidas-Salomon Rides Golf Growth to Record 2002…
Consolidated net sales for the adidas-Salomon Group grew 7% to reach €6.5 billion ($6.8 billion) in 2002. On a currency-neutral basis, sales were up 11%…
Huffy Gets Loan From New Fila Parent…
Huffy Corporation has finalized a $15.0 million subordinated term loan with Ableco Finance LLC, a fund affiliated with Cerberus Capital Management, L.P., and Congress Financial Corporation. The loan, repayable on its March 13, 2008 maturity date, is pegge
Quiksilver Secures China Beach…
Quiksilver, Inc. has taken steps to broaden its global brand reach even further with the announcement last week of a joint venture with a Chinese company to manage retail stores and distribute ZQK brands in the Peoples Republic of China…
Oops, We’re At It Again…
Skechers Inc. filed a lawsuit in a federal court in Los Angeles against singer Britney Spears and her companies, alleging fraud and breach of contract…
Antigua Sells Control to U.K. Company, Gets Donnay Deal…
Antigua Enterprises Inc. will sell to Ashley NA, LLC, a company owned in common with the Sports Soccer and Lillywhites chains of sporting goods stores in the U.K., a controlling interest in the company for $10.25 million…
Nike Adds Aussie Swimwear Licensee…
Nike Swimwear in the southern Asia-Pacific region will now be licensed through Australian swimwear company Seafolly Pty Ltd. The deal announced Monday provides Seafolly with the rights to design, manufacture, market and distribute Nike swimwear in Austra
Galyan’s Profits Up on Weak Comps…
Galyan’s, like so many others in our space, had strong profits on weak sales in the fourth quarter ended February 1, 2003. And like so many other retailers — given the economy and world events — they were unable to give sales guidance for the first qua
…As SVP’s Exit in Cost-Cutting Move
Vans announced that Art Carver, SVP of Global Operations, and Bob Nagel, SVP of Sales and Apparel, are leaving the company as of May 31, 2003. Vans CEO Gary Schoenfeld described the move as “an effort to reduce fixed costs”…
Rocky Shoes and Boots Adds VP Apparel Business Development
Rocky Shoes & Boots, Inc. announced that John Maser has joined the Company as Vice President-Apparel Business Development, a new position, effective immediately…
Huffy Corporation Completes $15.0 Million Term Loan
Huffy Corporation has finalized a $15.0 million subordinated term loan with Ableco Finance LLC, a fund affiliated with Cerberus Capital Management, L.P., and Congress Financial Corporation…
Madonna to Head Spiegel Catalog and Newport News Divisions
The Spiegel Group announced that Geralynn Madonna has been named president and chief executive officer of Spiegel Catalog and Newport News. Ms. Madonna previously held the position of president and chief operating officer of Newport News…
Perry Ellis Appoints Michael Nicklas as Swimwear EVP
Perry Ellis International, Inc. announced the appointment of Michael Nicklas as Executive Vice President of Sales for Jantzen, Inc., a wholly owned subsidiary of Perry Ellis, effective immediately, and will be responsible for all swimwear related apparel
Antigua to Sell Controlling Interest to Ashley NA, LLC
Antigua Enterprises Inc. has entered into an agreement to sell to Ashley NA, LLC common and preferred shares representing a controlling interest in the company for $10.25 million. Ashley NA is owned in common with the Sports Soccer and Lillywhites chains
Thule Nabs Swedish Achievement Award
Thule has been awarded with the Achievement Award 2003 for Corporate Excellence in the “Most Sustained Successful Presence in the U.S. Market” category by the Swedish-American Chamber of Commerce in New York and the Swedish Trade Council in Stockholm…
MC Sports Promotes Three Senior Managers
MC Sports has elected Bill Boer, Senior Vice President of Information Systems and Marketing has been elected to the Board of Directors and appointed Secretary to the Corporation. Additionally, Dan Winchester has been promoted to Vice President and Genera
