INDIANAPOLIS--(BUSINESS WIRE)--Sep. 10, 2012--
The Finish Line, Inc. (NASDAQ: FINL), a leading national retailer of
athletic shoes, apparel and accessories, today announced that Scott
Hoffman has joined the company as executive vice president, chief
merchandising officer.
“I am thrilled to welcome Scott to Finish Line as executive vice
president, chief merchandising officer. This appointment is about more
than recognizing how much our company has grown. It also signals our
whole-hearted commitment to aggressively growing our business,” said Sam
Sato, president, Finish Line brand. “Scott will continue to provide the
guidance and leadership as we strive to deliver a best-in-class
omni-channel customer experience.”
Hoffman has 18 years of industry experience, coming to Finish Line after
three years as managing director for Echo Design Group where he was
responsible for driving profitable sales growth for the company. Prior
to Echo, Hoffman was the Chief Merchandising Officer of Steve and
Barry’s. He also held key merchandising posts at Brooks Brothers and A|X
Armani Exchange. Earlier in his career, he served as a buyer for Lord
and Taylor. Hoffman has a Bachelor’s Degree in Finance from Syracuse
University.
About Finish Line
The Finish Line, Inc. is a premium retailer of athletic shoes, apparel
and accessories. Headquartered in Indianapolis, Finish Line has 638
stores in malls across the U.S., employing more than 11,000
sneakerologists who help customers every day connect with their sport,
their life and their style. Online shopping is available at www.finishline.com
and mobile shopping is available at m.finishline.com. Follow Finish Line
on Twitter at Twitter.com/FinishLine
and “like” Finish Line on Facebook at Facebook.com/FinishLineUSA.
The company also operates, through a venture with Gart Capital Partners,
a Running Specialty Group that includes 19 specialty running shops in
seven states and the District of Columbia under The Running Company
banner. More information is available at www.run.com.
Forward-Looking Statements
This news release includes statements that are or may be considered
“forward-looking” within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934.
These forward-looking statements generally can be identified by the use
of words or phrases such as “believe,” “expect,” “anticipate,” “intend,”
“plan,” “foresee,” “may,” “should,” “will,” “estimates,” “outlook,”
“potential,” “optimistic,” “confidence,” “continue,” “evolve,” “expand,”
“growth” or words and phrases of similar meaning. Statements that
describe objectives, plans or goals also are forward-looking statements.
All of these forward-looking statements are subject to risks and
uncertainties that could cause actual results to differ materially from
those contemplated by the relevant forward-looking statements. The
principal risk factors that could cause actual performance and future
actions to differ materially from the forward-looking statements
include, but are not limited to, the company’s reliance on a few key
vendors for a majority of its merchandise purchases (including a
significant portion from one key vendor); the availability and timely
receipt of products; the ability to timely fulfill and ship products to
customers; fluctuations in oil prices causing changes in gasoline and
energy prices, resulting in changes in consumer spending as well as
increases in utility, freight and product costs; product demand and
market acceptance risks; deterioration of macro-economic and business
conditions; the inability to locate and obtain or retain acceptable
lease terms for the company’s stores; the effect of competitive products
and pricing; loss of key employees; execution of strategic growth
initiatives (including actual and potential mergers and acquisitions and
other components of the company’s capital allocation strategy); and the
other risks detailed in the company’s Securities and Exchange Commission
filings. Readers are urged to consider these factors carefully in
evaluating the forward-looking statements. The forward-looking
statements included herein are made only as of the date of this report
and Finish Line undertakes no obligation to publicly update these
forward-looking statements to reflect subsequent events or circumstances.
Source: The Finish Line, Inc.
Finish Line
Dianna L. Boyce, Corporate Communications, 317-613-6577
