Burton Taps Former adidas VP as Global Marketing Head
Bryan Johnston assumes the role of vice president of marketing at Burton Snowboards. Formerly the vice president of North American brand management within the Adidas-Salomon organization, Bryan begins his career at Burton with 20 years of experience in t
Gotcha Emerges From Bankruptcy…
Gotcha is emerging from Chapter 11 bankruptcy after filing for protection last August. The company currently owes creditors about $8.0 million, but plans to pay it off with 6-8% interest within 44 months…
Stride Rite Making Exec Moves…
Rick Thornton has been named president and COO of the Stride Rite Corporation, with full general management responsibility for Keds, Sperry Top-Sider, Stride Rite Children's Group, Tommy Hilfiger Footwear, International and Sourcing. David Chamberla
adidas to Deliver 2003 Numbers Despite Weaker U.S. Business…
adidas-Salomon will need to rely on stronger than expected sales and margin growth in Europe and solid sales growth in Asia to achieve its projected 5% currency-neutral sales growth and 10% to 15% earnings growth for the year…
Aussie Adds More Stalls at the Barn…
Aussie Apparel Group continues to aggregate small alternative brands as it announced last week the addition of two more labels to its growing stable…
Raider Takes 5% Stake in Perry Ellis…
When Perry Ellis International, the Florida-based apparel company that owns Jantzen and holds licenses for Nike swimwear and Ping apparel, purchased the Salant Corporation in June, it also got another famous name of dubious distinction when it closed the
Oh, For the Good Old Days…
Seems like the tennis stars of yore are fed up with the monotony of the “new school” of professional tennis…
Hasek To Open Stores in Detroit…
Dominic Hasek will be bringing more than his goalie mask when he returns to the Detroit Redwings after a one-year retirement that didn’t take…
Nautilus Trips Over Bowflex Declines…
The Nautilus Group saw shares fall another 12.1% this week to close at $10.64 on Friday after the company issued a warning on Wednesday that Q2 and full year sales and earnings would fall short of expectations…
Malden Mills is on track to emerge from chapter 11 bankruptcy
Malden Mills is on track to emerge from chapter 11 bankruptcy by late August of this year…
Line Skis LLC Has Been Jumping Through Hoops
Line Skis LLC Has Been Jumping Through Hoops attempting to get their bindings to retailers. According to Jason Levinthol, the company spokesperson, “All in all, it's simply taking a lot longer to set up and solidify all the manufacturing than expect
FINL Pulls Away in the Mall…
As reported here in SEW 0323, The Finish Line saw fiscal Q1 comp stores sales jump 14% on top of the 3% increase in the year-ago period. In a conference call with analysts following the first quarter financials release, it appears that the mid-teens tren
TSA Files Workforce Termination Plan…
The Sports Authority has filed papers twice in the last few weeks with the Florida state Agency for Workforce Innovation outlining their plans for workforce terminations at their Lauderdale Lakes facility. The filings indicate that close to 500 people wi
Footstar is Looking for a Bit of the Nike Magic
Footstar is Looking for a Bit of the Nike Magic that is driving much of the Finish Line growth to rub off on its Athletic Division after reporting that comparable store sales for the company’s second quarter ended June 28, 2003 declined 2.2%. The athleti
Galyan’s Saw Shares Fall 18%
Galyan’s Saw Shares Fall 18% for the Week to close at $11.49 on Friday after the retailer warned on Wednesday that second quarter earnings would suffer from comp store sales that are now seen in the –8% to –10% range. The street jumped on the news with n
