As Footwear and Retail Stocks Jump on Renewed Confidence…
The market went wild last week after a number of analysts either initiated coverage or upgraded a number of stocks in the sporting goods industry, sending many companies near or to their 52-week highs. The indices tracked by Sports Executive Weekly on th
Fila Names Burch Global Communications Head
Sport Brands International has named Fila USA's current SVP Marketing, Howe Burch to SVP Global Communications and Sports Marketing for Fila. In his new role, Mr. Burch will develop and oversee an integrated global marketing communications and sport
Kmart Adds Apparel Chief and CFO
Kmart Holding Corporation has announced that John D. Goodman will join the Company as Senior Vice President, Chief Apparel Officer, and James D. Donlon III will
join the Company as Senior Vice President, Chief Financial Officer, both reporting to Presiden
Asics Extends New York City Marathon Partnership
ASICS America Corporation and its parent company, ASICS Corporation of Japan, have announced the extension of their multi-year partnership with New York Road Runners, as the official apparel and footwear sponsor of the ING New York City Marathon…
Amer’s Atomic Division Acquires Volant
Atomic, The Winter Sports Division of Amer Group Plc. has acquired the Volant brand from Huffy Corporation. Under the terms of the agreement signed Monday, Atomic will acquire all patents, trademarks and intellectual property as well as the manufacturing
Huffy Issues Warning on Fourth Quarter Sales and Earnings
Huffy Corporation announced Monday that fourth quarter sales and earnings are below plan. Currently, sales in November are lagging sales for the same period last
year, orders for the balance of the quarter are running below anticipated levels and it is t
Canari Adds Tim Jackson To Its Flock
Canari Cycle Wear continues to strengthen its rep team, this time with the announcement of Tim Jackson…
Claiborne Completes Enyce Acquisition
Liz Claiborne Inc. announced today that it has completed the purchase of all of the equity interest in ENYCE HOLDING LLC for a purchase price of approximately $114 million, including the retirement of debt at closing…
Vendors See Upside from Healthy Retail Market…
Tighter inventories and stronger retail sales have led to improving margins for industry apparel and footwear vendors while the hardlines companies continued to lag the total industry numbers for the third quarter ended September. For those companies not
JC Penney Completes Mexico Divesture
J. C. Penney Corporation, Inc. and its subsidiary, J. C. Penney Mexico, Inc., announced Monday that it has successfully completed the sale of its six Mexico department stores to Grupo Sanborns S.A. de C.V. of Mexico City. The sale transaction, which was a
Forzani Q3 Earnings Fall on Liquidation of Casual Apparel…
Shares of Forzani Group Ltd. fell 13.1% last week to close at C$16.51 on Friday after Canada’s largest sporting goods retailer reported sharply lower earnings for fiscal third quarter and lowered earnings estimates for the balance of the year…
Play it Again Parent Moves to Nasdaq National Board
Winmark Corporation, parent company for Play it Again Sports, announced that the trading of its stock will move from the Nasdaq SmallCap Market to the Nasdaq National Market effective December 2, 2003…
K2, Inc. Asks Neighbor to Move In…
K2 Inc. is expanding faster than waistlines during the holidays as the sporting goods industry’s leading brand aggregator looked just up the street for an appetizer to hold them over until their next big deal. The company on Wednesday announced that it w
SGMA’s Baseball and Softball Council Names New Chairman
The membership of SGMA International's Baseball & Softball Council has elected George Manning as it new chairman, effective at the Council's next meeting on January 11, 2004. Manning takes over the reins from outgoing Chair Larry Carlson, VP-Res
Let’s Hope the Season Can Live Up to All the Hype…
While analysts are debating whether or not this Christmas will be a blockbuster year, the American consumer is speaking out and saying that they are ready to spend. Through a flurry of early holiday polls, customers have told retailers that they are going
