WaterMark Consolidates Warehousing and Distribution In Memphis
In anticipation of future growth, WaterMark will consolidate its warehousing and distribution of boats and gear with Patterson Warehousing in Memphis, Tennessee. Memphis, Tennessee is the largest air hub in the world for shipping cargo. It is also the sec
Callaway Cuts 2004 Guidance on Weaker Sales Outlook
Callaway Golf Company is reducing its revenue and earnings guidance in light of weakening sales trends. Key factors causing the lowered expectations include the underperformance at retail of its titanium driver models, a continuing decline in business in
Phoenix to Acquire Military Boot Maker
Phoenix Footwear Group, Inc. has entered into a definitive agreement to purchase Altama Delta Corporation, which makes high performance combat and tactical boots for U.S. and foreign militaries, government agencies and the commercial sector. PXG will pay
Phoenix Footwear Group Appoints White to CEO Post
Phoenix Footwear Group, Inc. has appointed Richard E. White as Chief Executive Officer of the company. Mr. White has been a member of Company's Board of Directors since May 2004. James Riedman, formerly Chairman and CEO, will retain the title of Cha
Phoenix Footwear to Float Additional Shares
Phoenix Footwear Group, Inc. intends to increase the size of its proposed registered follow-on public offering of common stock to approximately 2,500,000 shares. In addition, the Company expects to grant the underwriters an over-allotment option to purch
LaFuma Income Outpaces Sales; U.S. Helps Drive Growth…
LaFuma is reporting a 29.0% increase in net attributable profit to €1.6 million ($1.9 mm) for the first half of the year on a 1.5% increase in sales – from €80.4 million ($82.0 mm) in the first half last year to €81.6 million ($98.2 mm) for the first six
Neville Takes Reins at Keds…
Shawn Neville, most recently the president & CEO of Footstar's athletic division, will join Stride Rite Corporation as president of Keds, effective July 7, 2004. Prior to managing the Footaction and Just for Feet businesses for Footstar, Neville was
Chinook Expands into Branded Footwear
Chinook Trading has been producing private label footwear for retailers for over a decade now, but has recently decided to launch its own brands in order to build more equity. In charge of the new project is former Kamik Global Marketing VP, Mike Coogan..
Nautilus Chairman Names His Team…
The Nautilus Group, Inc. is starting to see the changes expected after Gregg Hammann consolidated his control as chairman, CEO and president following the February resignation of company founder Brian Cook. The one constant will be the Board, with all se
Asolo Takes Lowe Alpine East to NH…
Asolo USA has decided to re-organize and relocate Lowe Alpine’s American operations and brand management. The Colorado-based offices will join Asolo N.A. in their headquarters in New Hampshire. As part of the transition process, two of Lowe’s key executi
Madsen Retires While REI is ‘Hitting on All Cylinders’…
REI CEO Dennis Madsen will be retiring following the company’s annual general meeting at the end of March, 2005. Over the next 10 months he will assist Sally Jewell, current COO, in transitioning to the role of CEO. SEW’s sister publication, The B.O.S.S.
Deckers Looks to Int’l, New Segments…
Deckers CEO Doug Otto provided quite a bit of detail on the Teva brand at the Piper Jaffray Consumer Conference in New York City last week and highlighted the strong performance of Deckers’ Ugg product.Finalizing the purchase of the Teva brand from Mark T
Keen’s Sales are… well…, Keen…
With all of the stories of great sell-through and amazing consumer response surrounding Keen Footwear, we decided to took a closer look at the company, catching up with Jim Van Dine, VP of Sales, in between his latest round of flights. Apparently much o
While Kellwood Sees Limited Opportunity in Outdoor…
Kellwood CEO Hal Upbin went into real detail about the company’s performance at the Piper Jaffray conference, but glossed over the American Recreation division. He did mention that American Rec. is currently the number two player in the U.S. camping mark
Cloudveil Adds Two New Team Members to Denver Office
Cloudveil has added Jeff Burrowes and KC Jones to its Denver office. Burrowes will serve as the company’s controller while Jones joins the Cloudveil team as a customer service representative…
