Gildan to Acquire Gold Toe Moretz
Gildan Activewear Inc. has signed a definitive agreement to acquire 100% of the common shares of Gold Toe Moretz Holdings Corp. for a total purchase price of approximately U.S. $350 million. Gildan will not assume any of Gold Toe Moretz's currently o
Nike Olympic Deal Extended Through 2016
Nike Inc. has extended its sponsorship of the United States Olympic and Paralympics teams until 2016, the U.S. Olympic Committee announced. The deal makes Nike the official outfitter of the U.S. Olympic team for the 2012 and 2016 Summer Games in London an
REI Announces 2011 Board Election Results
REI (Recreational Equipment, Inc.) announced the results of the 2011 board elections during its annual membership meeting held Sunday, April 10 at its Seattle flagship store. Co-op members reelected Jesse King, Cheryl Scott and Michael Smith to the board.
Backcountry.com Donation Resuscitates Utah Avalanche Center
Backcountry.com donated $6,300 to non-profit Friends of the Utah Avalanche Center (FUAC) Monday so it can continue backcountry avalanche forecasting through April 24. The UAC had announced April 3 that it had exhausted its funding for the season and would
NSSF Launches New Membership Campaign
With a record high of more than 6,500 members, the National Shooting Sports Foundation is launching a new membership campaign. The trade association represents the firearms, ammunition, hunting and shooting sports industry…
Retail Container Traffic to be Up 9% in April
Import cargo volume at the nation's major retail container ports is expected to be up 9% in April over the same month last year, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associat
Cybex Intl. Faces Possible NASDAQ Delisting
Cybex International, Inc. said that on April 5, it received a letter from the NASDAQ Stock Market notifying Cybex that based on the company's stockholders' equity at the close of the year it does not comply with the minimum stockholders' eq
Frontier Group Opens Showroom
Frontier Group Sales, which represents Helly Hansen, Mountainsmith, adidas Outdoor, Serengeti, Bolle and ENO, has secured a showroom in the Pacific Market Center in Seattle for 2011…
Cramer Products Appoints West Coast Sales Rep
Cramer Products has hired Tim Maloney Sales, Inc. of Lake Forest, CA, to handle its west coast sales activity. The sales agency will cover the nine western states of Alaska, Arizona, California, Hawaii, Idaho, Montana, Nevada, Oregon, and Washington for C
Asics Lauches Support Program for Japan’s Orphans
Asics Corporation announced the launch of A Bright Tomorrow through Sport, a support program for young survivors of the Eastern Japan Great Earthquake who have lost their parents in the disaster. Asics has budgeted a total of JPY100 million ($1.1 million)
Native Eyewear Sponsors New Hampshire Mountain Bike Park
Native Eyewear is sponsoring the Highland Mountain Bike Park in Northfield, New Hampshire this year. The sponsorship will put Native product in front of youth attending camps at the park and training center…
Saks Reports 11.1% Comps on 9.2% Increase in Owned Sales
Saks Incorporated's owned sales totaled $260.2 million for the five weeks ended April 2, 2011 compared to $238.2 million for the five weeks ended April 3, 2010, a 9.2% increase. The figure does not reflect sales from shop-in-shops departments like fu
Ross Stores Ups Q1 Guidance on March Sales Gain
Ross Stores, Inc. upped its EPS guidance for the first quarter after reporting sales increased 2% for the five weeks ended April 2, 2011 without the benefit of an early Easter. Comparable store sales for the month declined 1% compared to a very strong 14
2014 Winter Olympics to Feature Halfpipe Skiing and Women’s Ski Jumping
The International Olympic committee announced Wednesday afternoon that halfpipe skiing and women's ski jumping – two events dominated by American athletes – will be included in the 2014 Olympic Winter Games in Sochi. A decision for slopestyle skiing
Active Media Launching Schwaggle in New York, Chicago and Los Angeles
Active.com, a media property of Active Network that connects people with the sports and activities they love to do, is taking its Schwaggle deal-of-the-day program nationwide. Schwaggle was launched in New York Thursday April 7 and will be rolled out in n
