Gildan Profit Spikes in Fiscal Q1; Forecast Mired by Cotton Costs…
Gildan Activewear reported strong demand across most businesses along with sweeping price increases drove profit past expectations for the fiscal first quarter ended Jan 2, but the company issued a disappointing outlook amidst concerns over surging cotton
Black Diamond Inc. Outlines Five-Year Plan
Black Diamond, Inc. is intently focused on acquiring companies with $10 million to $50 million in annual sales even as it works toward launching its own technical apparel line, according to details of a new five-year strategic plan disclosed last week…
Wolverine Promotions to Fuel Growth at Merrell and Chaco
Wolverine World Wide named Seth Cobb as VP and general manager of Merrell and Chip Coe as VP and general manager of Chaco. Both positions are effective immediately…
OIA VantagePoint: Outdoor Product Sales Reach $10.85 Billion in Fiscal 2010
In the broader retail marketplace it appears that resolute shoppers braved winter storms throughout much of the country in the four-week retail fiscal month of January, trudging through extraordinarily snowy conditions to stock up on discounted cold-weath
Under Armour Takes Over MLB Footwear License
Under Armour was named the official performance footwear supplier of Major League Baseball, effective for the upcoming 2011 season. Under Armour replaces Reebok…
BRP to Spend $15 Million Making Facility
Bombardier Recreational Products (BRP) will invest over $15 million in the next three years to transform its outboard engine facility in Sturtevant, WI and become the heart of the Evinrude brand…
Former Dick’s SG Exec admits $2 Million Kickback Scheme
Joseph Queri Jr., vice president of real estate at Dick's Sporting Goods, admitted that he covertly took $2 million in kickbacks over seven years in connection with 27 new stores across the country, according to syracuse.com…
Steve Madden to Distribute Superga
Steven Madden Ltd. has reached an agreement to become the exclusive U.S. distributor of Superga, the Italian athletic footwear brand. R.G. Barry Corp has been the distributor…
GSI Commerce To Acquire Fanatics
GSI Commerce Inc. has signed a definitive agreement to acquire Fanatics, Inc., an online retailer of licensed sports merchandise. Fanatics operates over 250 e-commerce websites, including www.footballfanatics.com, and over 60 e-Commerce stores for collegi
Otis Technology Names Rep of the Year
Otis Technology named Doug Carpenter of Ken Jefferies and Associates the 2010 recipient of the Otis Technology Sales Representative of the Year Award…
Trade Group Releases Standards for More Sustainable Hangers
The Voluntary Interindustry Commerce Solutions Association (VICS) released new standards created to lower the cost and reduce the environmental impact of hangers throughout the retail value chain. VICS, which focuses on developing industry standards to he
Jordan Brand comes to NASCAR
NASCAR driver Denny Hamlin has become the newest endorser for Nike's Jordan Brand apparel. Its believed to be Nike's first NASCAR sponsorship…
Finish Line Youth Foundation Raises a Record $1.7 Million
The Finish Line Youth Foundation (FLYF) raised a record $1.7 million through its annual holiday fundraising drive, which was held in Finish Line retail stores nationwide and online at finishline.com from Nov. 7 through Dec. 31…
Backcountry Access Secures Patent for Venturi Design
Backcountry Access reported on its blog that after two years of work, the US Patent Office issued a patent this week for its Float 30 airbag, which backcountry skiers can inflate the moment they feel threatened by an avalanche to reduce their chances of b
Jack Wolfskin’s Sales Rise 21% in 2010
Jack Wolfskin, Germany's dominant domestic outdoor clothing and equipment brand, saw sales increase 21% in its 2010 fiscal year, but did not disclose profits. The company was being shopped by its private equity owners as recently as last summer, acco
