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By Timothy J. Mullaney and Timothy J. Mullaney,Sun Staff Writer | August 6, 1995
Fila USA is one of two apparent finalists in a fierce competition among sneaker companies for the endorsement of University of North Carolina basketball star Jerry Stackhouse.Fila USA, the largest division of the Italian sneaker and sportswear company, is competing with industry leader Nike Inc. and competitors such as Reebok International Ltd. and Converse Inc. to land Mr. Stackhouse, who was selected by the Philadelphia 76ers with the third pick of the National Basketball Association draft in June.
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BUSINESS
January 16, 2004
In The Region Aether's president quits in move tied to sale of division George M. Davis, president and vice chairman of Aether Systems Inc., stepped down yesterday from the Owings Mills wireless data communications services company and resigned as a board member. In light of the recent sale of Aether's Enterprise Mobility Solutions Division to TeleCommunication Systems Inc. of Annapolis, Davis and Aether management decided that the "time was right for him to pursue new opportunities and challenges," according to a company statement.
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BUSINESS
By Timothy J. Mullaney and Timothy J. Mullaney,SUN STAFF | December 21, 1995
Fila USA will build a 300,000-square-foot warehouse in Anne Arundel County that eventually will create up to 150 new jobs, Fila and the company that is selling the land for the new project announced yesterday.The fast-growing footwear and clothing company, which has boosted its U.S. sales more than 800 percent in the last five years, said the new warehouse will be at the Brandon Woods Industrial Park developed by Constellation Real Estate Inc., a unit of Baltimore Gas and Electric Co."The new warehouse is for our activewear business, which is just exploding," said Howe Burch, a Fila vice president.
BUSINESS
By BLOOMBERG NEWS | December 19, 2003
BIRMINGHAM, Ala. - Former Fila USA Chief Executive Officer Jonathan G. Epstein will plead guilty to helping shoe-store chain Just for Feet Inc. overstate earnings by $1.4 million, federal prosecutors said yesterday. Epstein, 48, admits he wrote a letter for Just For Feet auditors saying Fila USA of Sparks, Md. owed the retailer $1.4 million in 1999, U.S. Attorney Alice H. Martin said. The letter helped Just For Feet deceive auditors and file false reports to the Securities and Exchange Commission, Martin said.
BUSINESS
By BLOOMBERG NEWS | December 19, 2003
BIRMINGHAM, Ala. - Former Fila USA Chief Executive Officer Jonathan G. Epstein will plead guilty to helping shoe-store chain Just for Feet Inc. overstate earnings by $1.4 million, federal prosecutors said yesterday. Epstein, 48, admits he wrote a letter for Just For Feet auditors saying Fila USA of Sparks, Md. owed the retailer $1.4 million in 1999, U.S. Attorney Alice H. Martin said. The letter helped Just For Feet deceive auditors and file false reports to the Securities and Exchange Commission, Martin said.
BUSINESS
By Kevin L. McQuaid and Kevin L. McQuaid,SUN STAFF | March 5, 1999
Fila USA, lashed by falling sales and fickle consumers, has sold its Sparks headquarters and 120 acres of surrounding land to a Baltimore real estate developer who intends to construct a $100 million office and industrial park there.The roughly $14 million sale to P. Fred'k Obrecht & Son represents the latest move by the athletic sportswear company to revive itself in the face of declining sales.As part of the sale, Fila will remain in its three-story headquarters through 2004, with options to stay until 2014.
BUSINESS
By BLOOMBERG NEWS | February 18, 1997
ATLANTA -- Fila Holding SpA said yesterday that it expects sales at Fila USA to rise 20 percent in 1997 as it sets its sights on capturing 12 percent to 14 percent of the U.S. sporting goods market in the next three years.Fila, which has its headquarters in Biella, Italy, plans to increase the variety of its footwear products by 10 percent each quarter, the company said at an analysts' meeting at the Atlanta Super Show.The company, which has moved its U.S. headquarters from Hunt Valley to Sparks, said the product price range it's targeting has widened to between $55 and $95, from $65 to $75.Among its product categories, Fila foresees women's shoes and apparel expanding to make up 15 percent to 20 percent of its business from the current 12 percent to 14 percent.
NEWS
By Liz Atwood and Liz Atwood,SUN STAFF | February 18, 1997
Just a few years ago, Loveton was a quiet agricultural community of cornfields and woodlands. Today the rolling fields north of Hunt Valley are sprouting a very different crop: hundreds of high-paying jobs and the largest concentration of corporate headquarters outside downtown Baltimore.From this 1 1/2 -square-mile area, Fila USA courts famous athletes such as professional basketball player Grant Hill, McCormick & Co. oversees its international spice market and Becton Dickinson Microbiology Systems designs equipment to diagnose infectious diseases.
NEWS
November 4, 1995
Because of an editing error, yesterday's editions of The Sun misspelled the name of the marketing vice president of Fila USA of Hunt Valley. His name is Howe Burch.The Sun regrets the errors.
BUSINESS
August 8, 1994
New positions* Maryland Port Administration has selected Craig Zabierowsky as regional manager of the MPA office in Pittsburgh.* Fila USA appointed Lee Turlington senior vice president, outdoor & winter sports.* United Artist Cable of Baltimore named Lucinda Peters as advertising sales manager.* Tristate Electric, headquartered in Hagerstown, has chosen Scott McDowell western regional vice president.Advertising and PR* Eisner & Associates appointed Tom Crowder vice president, management supervisor; Linda Rinaldi senior account executive and Rich Weinstein account executive.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | June 11, 2003
Fila Holding SpA, the Italian maker of athletic footwear and apparel, sold all its subsidiaries yesterday, including Sparks-based Fila USA Inc., to a Fila management team for $351 million in cash. The new owner is Sport Brands International LLC, whose partners include Fila USA's current chief executive, Jon Epstein, and its chief operating officer, Tom O'Riordan. In addition to Fila USA, the purchased companies are Fila Sport SpA, Fila Nederland BV, Ciesse Piumini SRL and Enyce. Sport Brands International, a newly formed affiliate of Cerberus, a private U.S. investment fund manager, will operate from the current Fila USA headquarters in Sparks and from offices in New York.
BUSINESS
By William Patalon III and William Patalon III,SUN STAFF | February 8, 2003
Fila Holding SpA - the Italian sportswear maker that gleamed like a supernova in the mid-1990s, only to burn out - is on the rise again. But this time around, Fila understands that, even in the running-shoe business, "it's a marathon, not a sprint," said Mark Westerman, a top marketing executive for Fila USA, Fila Holding's American arm, which has its headquarters in Sparks. Analysts agree that Fila is on the mend. "Definitely, performance is improving," said Alessandro Baj Badino, an analyst for Deutsche Bank AG in Milan, Italy.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | February 9, 2002
Fila Holding S.p.A., the Italian athletic footwear and apparel designer with its U.S. subsidiary based in Sparks, said yesterday that its chief executive officer, Michele Scannavini, resigned. The resignation, accepted by Fila Holding's board of directors yesterday and effective immediately, comes as Fila Holding's parent company is trying to sell its interest in Fila. "Mr. Scannavini is leaving to pursue a new professional challenge in a different industry," Fila Holding said in a statement.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | July 14, 2001
The parent company of Fila Holding SpA wants to sell its interest in the Italian athletic footwear and apparel designer, but it's unclear what a sale would mean for Sparks-based Fila U.S.A. Inc. An executive at the U.S. subsidiary said yesterday that he could not comment on the planned sale by Holding di Partecipazioni SpA, Fila's majority shareholder, or how the Sparks operation and its 175 employees might be affected. "I'm not really in a position to discuss the whole notion of the company being up for sale," said Howe Burch, Fila U.S.A.
BUSINESS
By LORRAINE MIRABELLA and By LORRAINE MIRABELLA,SUN STAFF | February 3, 2001
Athletic footwear and apparel designer Fila Holding SpA will continue closing unprofitable outlet stores in the United States this year in a corparatewide restructuring, the Italian company said yesterday. Fila, based in Biella, Italy, expects to take a one-time charge in 2000 of about 14 billion lire, or $6.8 million, to return the retail division to profitability. It also expects its loss for the year to widen. Because of the restructuring, which includes accelerating plans to pull out of unprofitable markets in Uruguay, the Philippines, South Africa and East Africa.
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | July 18, 2000
Hoping to clearly link the Fila brand with tennis in consumers' minds, Fila USA will sponsor the U.S. Open Tennis Championships through 2001 and launch a collection of U.S. Open tennis shoes and apparel in stores next summer. The U.S. division of the Italian athletic footwear company has renewed an agreement with the United States Tennis Association to continue as footwear and apparel sponsor, the Sparks-based division said yesterday. Fila will design and make uniforms for the tournament's ball persons, linesmen, umpires and staff and sell replica uniforms and event souvenirs both on- and off-site.
BUSINESS
By Kristine Henry and Kristine Henry,SUN STAFF | June 3, 1998
Fila Holding SpA, the Italian maker of athletic shoes and apparel, yesterday named a top executive from rival Adidas-Saloman AG to head its struggling Sparks-based U.S. hTC division.Jon Epstein will leave his job as national sales manager at Adidas America in Portland, Ore., where he has worked for the past 20 years, to become president and chief executive of Fila USA.In looking to No. 2 Adidas, Fila is tapping a company that is racking up higher sales and profits in a three-way fight with Nike Inc. and Reebok International for the fickle U.S. market.
BUSINESS
By a Sun Staff Writer | May 25, 1995
Fila USA yesterday dedicated the 160,000-square-foot expansion of its warehouse at Holabird Industrial Park, as Gov. Parris N. Glendening told a crowd of Fila officials, contractors and celebrities that the sixfold expansion of the Italian company's U.S. sales since 1990 is important for diversified economic growth."
BUSINESS
By Lorraine Mirabella and Lorraine Mirabella,SUN STAFF | December 21, 1999
Athletic footwear designer Fila and Jennifer Capriati have more in common than their Italian roots: both made big names for themselves on the tennis court, fell into slumps and are fighting to come back.Each will attempt to help the other do just that through a multimillion-dollar, three-year endorsement agreement that Sparks-based Fila U.S.A. Inc. said yesterday it has reached with the 23-year-old tennis star.Capriati will compete wearing Fila tennis shoes and apparel, appear in Fila advertising, make personal appearances at retail stores and conduct children's tennis clinics at events.
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