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Market Watch
Jul 13 - 25, 2001
Reebok and K-Swiss Sprint Ahead, Outdoing Wall Street Estimates
NEW YORK, Jul 25, 2001/ --- Watch out Nike and Adidas: In the race to rule the sneaker roost, Reebok and K-Swiss are gaining speed. Both companies have exceeded Wall Street estimates in their second quarter earnings.
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Tommy Hilfiger To Sell Footwear in Europe
NEW YORK, Jul 25, 2001/ FW/ --- Tommy Hilfiger announced today that it has entered a licensing agreement with Germany's Hamm Group of Companies to manufacture and distribute men's, women's, and children's footwear throughout Europe.
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Polo Ralph Lauren Bids For Brooks Brothers, Appoints New Exec, Dismisses Lawsuit
NEW YORK, Jul 23, 2001/ --- There's no rest for Polo Ralph Lauren lately. Last Friday, it was reported the U.S. Polo Association has filed a $100 million lawsuit against the fashion house.
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Nike Recalls 425,000 Pairs Of Sneakers
NEW YORK, Jul 23, 2001/ --- Nike is voluntarily recalling 425,000 Jordan Trunner cross-training shoes because the thin metal strips attached to their outside heels can cause injuries. At least six wounds have been reported, five of which required stitches.
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Esprit de Corp. Enters Into Four New Licensing Agreements
SAN FRANCISCO, Jul 16, 2001/ FW/ --- Mr. Joseph E. Heid, Chairman and Chief Executive Officer of San Francisco-based Esprit de Corp., announced today that Esprit has entered into four new licensing agreements, adding new product lines to Esprit's existing businesses.
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