SylvanSport Seeking Strategic Options
SylvanSport, the North Carolina based maker of Mobile Adventure Gear has recently engaged Silver Steep Partners to serve as its exclusive financial advisor and to review the company’s strategic options. The company is seeking capital to support its
UES (Upper Echelon Shoes) Partners with Steve Madden
New York-based shoe brand UES (Upper Echelon Shoes) and Steve Madden announced an official partnership and are preparing to unveil their first joint effort with UES' Fall 2010 collection. Each party will have an even stake in the venture, with UES d
Two Heisman Winners to Attend National Health Through Fitness Day
Nearly 20 well known figures from the sports world have confirmed their attendance for SGMA’s 11th Annual National Health Through Fitness Day being held March 10 in Washington DC. The honorary chairman this year will be Herschel Walker. Others inclu
USTR Promotes Haitian Sourcing Initiative at MAGIC Show
U.S. Trade Representative Ron Kirk promoted a plan to encourage U.S. brands and retailers to work toward sourcing 1% of their total apparel production from Haiti during a visit to the MAGIC Marketplace in Las Vegas, NV…
ThreadLites – Illuminated Apparel Launches Collegiate Series
U.S. Branding Group, LLC announced their receipt of Authorized Collegiate Licensing, from the Licensing Resource Group (LRG), and Strategic Marketing Affiliates (SMA) for their ThreadLites & TechnoThreadZ – Illuminated Branded Apparel Line…
Nike Edges Past ESPN in Sports Brand Survey
In its second Forbes Fab 40, Nike edged out ESPN in its survey of the top-ten Sports Business Brands. The survey placed Nike's sales at $10.5 billion versus $10.3 billion for ESPN. The remaining eight brands on the list included Adidas, $7.3 billion;
OR Winter Market: The Backcountry…
The backcountry market continued to break trail at Outdoor Retailer’s Winter Market tradeshow, both in product innovation and industry buzz. “Backcountry wintersports has become the hardgoods core around which the show revolves,” says Ou
Attendance Climbs 7% at ispo, Sets Record
Financial tremors in Europe failed to squelch enthusiasm for the 70th annual ispo show in Munich, where attendance grew 7%, according to show owner Messe München International (MMI)…
REI Doubles 2009 Net on 1.5% Increase in Sales
Recreational Equipment, Inc. (REI) reported pre-audited earnings in 2009 more than doubled to $29.8 million from $14.5 million a year ago. Revenues improved 1.4% to $1.45 billion from $1.43 billion…
REI Doubles 2009 Net Profit on 1.5% Increase in Sales
Recreational Equipment, Inc. (REI) reported pre-audited earnings in 2009 more than doubled to $29.8 million from $14.5 million a year ago. Revenues improved 1.4% to $1.45 billion from $1.43 billion…
January Retail Sales Up 3.2%
January retail sales increased 0.5% over December results, according to a report by the U.S. Department of Commerce – slightly better than the 0.3% increase originally forecast by economists surveyed by Dow Jones Newswires. The report also showed Decembe
Gildan Sees Resurgent U.S. Distributor Market in Fiscal Q1 Results
Gildan Activewear, Inc., said a strong recovery in Activewear and Underwear provided a boost for the company’s first quarter of fiscal 2010 and propelled its top line and earnings to double-digit growth…
Interbike and HFB to be Co-Located
Interbike and the Health and Fitness Business Expo will be co-located in Las Vegas in September. Nielsen Business Media has decided to combine the shows in one venue this year…
Shimano Inc. Sees Rebound Ahead After Double-Digit Sales Decline in 2009
Days after announcing it was streamlining sales and marketing operations in Europe, Shimano Inc. reported that its operating income plunged 45.7% on a 20.6% decline in sales…
Organic Cotton Production Grows 20%
Global organic cotton production rose by 20% in 2009 tipping the scales at 175,113 metric tons (802,599 bales) grown on 625,000 acres (253,000 hectares), according to a report from Organic Exchange (OE). Still, organic cotton now represents just 0.76% of
