OpSec Security plc Stake Sold to PE Firm
OpSec Security Group plc, the maker of anti-counterfeiting protection technologies and services., has sold a 29.8% stake in the company to Investcorp Technology Partners, the technology private equity arm of Investcorp. OpSec's clients include major
Cloudveil Promotes Samuel to GM Position
A day after being sold, Cloudveil said it had promoted Director of Global Sales James Samuel to general manager. Samuel will oversee spring 2010 servicing for Cloudveil as its transitions to new ownership at Windsong Brands LLC, a Connecticut-based PE fir
Rocky Swings to Profit in Q4 on 6.5% Sales Decline
Rocky Brands, Inc. said net sales for the fourth quarter ended Dec. 31 were $61.7 million versus net sales of $66.0 million in the fourth quarter of 2008. The company reported net income of $0.9 million, or 16 cents per diluted share in 2009 versus a net
Billabong Sales in Americas Hurt by Currency Fluctuations
Billabong International Limited said sales in the Americas were down 6.2% in the six months ended Dec. 31 in constant currency terms, to Australian $317.5 million (U.S. $282.9 million). Reported sales were 17.6% lower, reflecting the negative currency imp
Bruce Raymond Joins C4 Waterman’s Board
BC4 Waterman appointed Bruce Raymond to its Board of Directors, effective immediately…
Mountain Hardwear/Montrail Announce Grant Recipients
Mountain Hardwear, Inc. and Montrail announced recipients of their respective Gives Back Grant programs. Mountain Hardwear’s primary focus for the first half of the year is Helping to Create the Next Generation of Outdoor Enthusiasts. In the second
GoLite Launches Global Recycling Program
GoLite said it will take back and reuse, repurpose, recycle, and/or store for future recycling any GoLite apparel or equipment, regardless of its condition, that the company manufactured since its founding in 1998. In Europe, GoLite will pay for shipping
Student Group Holds Rally Seeking End of Nike’s UW-Madison’s Contract
With shouts of 'Cut the Contract!,' a group of about 25 students from the University of Wisconsin's Student Labor Action Coalition held a demonstration in front of Chancellor Biddy Martin's office on Friday to protest the university�
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
