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FEBRUARY 06, 2006 -- Crocs plans to offer 9.9 million shares priced at $19 to $20 each, up from 9.0 million that would have been priced at $13-$15 a share previously. The company could raise about $193 million.


Global Brand Marketing, Inc. promoted Roelof de Leeuw to European GM for the new GMBI sales office in Amsterdam. He will oversee all sales, marketing, operational and logistical aspects of the office. He has worked with GMBI brands since '03 as SM of Pony, Nautica, and FunFlopps.


RAVE Sports, a producer of inflatable water recreation products, acquired R2 International, Inc. Headquartered in Eden Prairie, MN, R2 manufactures several inflatable recreational product lines, and specializes in paintball and soft pellet recreational shooting barriers. The prior owners of R2 International have joined the RAVE management group and will oversee the expansion of RAVE's mass retail distribution channels.


UBC upgraded Nike to a buy from neutral, saying margin pressure could be minimized by impending new products.


Quiksilver appointed Nick Adcock to president, DC Shoes, effectively immediately. Adcock will report directly to Bernard Mariette, president, Quiksilver and will be based at DC Shoes' global headquarters in Vista, CA. Adcock has been with DC Shoes for three years and previously served as Australian GM, in which he set up the company's first subsidiary operation. Ken Block, DC Shoes co-founder, is stepping own as president. Block will be assuming the new role of chief brand officer and will join EVP/co-founder Damon Way and Adcock to form the executive committee that will chart the future of DC Shoes.


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Quick links: One-click access to topics in this article.

Categories
Sporting goods industry
Branding

Companies
R2 International Inc.
Global Brand Marketing Inc.
Quiksilver Inc.
Nautica

Concepts
soft pellet recreational shooting barriers
inflatable recreational product lines
inflatable water recreation products
mass retail distribution channels
subsidiary operation

People
DC Shoes
Roelof de Leeuw
Nick Adcock
Bernard Mariette





 Breaking Headlines
Escalade Profits Up On Revenue Dip; Sports Biz Slips
FEBRUARY 21, 2006

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FEBRUARY 21, 2006

Sport Supply Group Revenues Grew 7% In 2Q
FEBRUARY 21, 2006

Nike Adopts Majority Voting Standard For Board
FEBRUARY 21, 2006

Adidas Continues To Study Nike Suit
FEBRUARY 21, 2006

Euro Footwear Trade Still Concerned About Anti-Dumping Duties
FEBRUARY 21, 2006

Nautilus Restructures Management Team
FEBRUARY 17, 2006

Nike Suing Adidas For Patent Infringement
FEBRUARY 17, 2006

Angela Owen Named REI's VP/Merchandising
FEBRUARY 17, 2006

ALSO IN THIS ISSUE:
FEBRUARY 16, 2006


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