Vans Sees U.S. Upside in Fiscal Q2…
Vans. Inc. gave back just a bit of their nice share gain from last week, closing down 3.9% for the week to close at $10.76 on Friday. The company saw a 22.3% increase in net income on a 4.6% increase in sales for the fiscal first quarter ended August 30,
Hogan Puts Haley in the Fairway Again…
Sport Haley pointed to the now year-old Ben Hogan apparel collections for the increase in sales for its fiscal fourth quarter and full year 2003 ended June 30, 2003.
Net sales of the Ben Hogan apparel line increased 146% to $1.7 million, or 29% of total
Stride Rite Could Use a Tax Credit Too…
Stride Rite had to look beyond its traditional base for growth in its fiscal third quarter, pointing to 6.0% growth in the Tommy Hilfiger Footwear business and a 10% gain in Sperry Top-Sider sales while the Children’s business grew just 1.0% for the perio
Converse Crafts Its First Dream Team…
Nike took little time in ramping up the endorsement roster at newly-minted subsidiary Converse. In a move that signals its redoubled commitment to performance basketball, sports marketing and its authentic basketball heritage, Converse announced that it
The Web is Driving Store Level Sales…
Retailers Beware! The Internet is stealing your customers… Or, so the perception was in the not too distant past. Today, many retailers are making the Internet work for them, bringing more customers into the store…
NRF Report Sees Dimmer Retail View…
The latest Executive Opinion Survey conducted by the National Retail Federation (NRF) and the Bank of Tokyo Mitsubishi Ltd. (BTM) indicates that even as the retail sales outlook remains upbeat versus a year ago, pricing pressure continues to impact the ov
Nike Lays Out Refined U.S. Consumer Strategy; Company Pegs Soccer as Key Focus…
Last week was an important week for Nike’s communication to its investors — and Sports Executive Weekly had the exclusive opportunity to bring the news home to the industry. At the Annual Investor Day held Thursday inside the Emerald City, SEW was able
GolfGear Executes Strategic Shift in Business
GolfGear International, Inc. has initiated a strategic new operational and marketing plan that will shift the way the company manufactures, markets and sells its golf clubs. Aggressive steps are being taken to reduce expenses and overhead, and, by the en
PUMA Taps Barrett for New Fashion Range
PUMA AG has appointed Neil Barrett as Creative Director for a new series of PUMA Collections that are expected to debut with delivery in late Spring 2004. The collection ranges from technical and lifestyle sportswear to high-end men's and women'
The Industry Says Goodbye To David Stone
David Stone, husband, devoted father, alpinist, backcountry skier, road biker, accomplished guitarist, and master of the dreaded British one-liner passed away Sept 23rd after a hard fought battle with stomach cancer. He is survived by his wife Lin, daught
Vans Q1 Better Than Expected; Net Income Up 145%
Vans announced net sales for the base business for the fiscal first quarter (excluding skateparks expected to be closed) increased 5.2% to $126.2 million, compared to $120.0 million for the first quarter of fiscal 2003. Net income for the base business in
Nike Sues FIFA Over Women’s World Cup Trademark
Nike, Inc. has sued FIFA, soccer's world governing body, over the phrase “USA 2003”. Nike claims in its suit that it has the right to use the phrase to promote the U.S. women's national team even though trademark rights might be violated in the
Converse Signs Five NBA First-Round Draft Picks
Nike took little time in ramping up the endorsement roster at newly-minted subsidiar Converse. In a move that signals its redoubled commitment to performance basketball, sports marketing and its authentic basketball heritage, Converse announced that it h
When Worlds Collide…
Suunto and Microsoft have joined forces in an effort to make their shared vision of “a world in which small, connected, intelligent devices can deliver highly personalized, customized information to people wherever they are…”
Smith Optics Taps Specialized
Following three successful years as vice president of sales for Specialized USA, Blair Clark has accepted a
position as senior vice president of sales with Smith Optics, effective immediately. Clark will be responsible for the company’s global sales visio
