Late Snowfall Gives Snow Sports Industry Weak Rebound this Winter
Late snow and a drop in snowboard sales are hindering a big turnaround in snow sport sales from last year’s poor results, according to figures released last week by Snowsports Industries America (SIA)…
Phillips-Van Heusen to Buy Tommy Hilfiger for $3 Billion
Phillips-Van Heusen Corp., owner of Calvin Klein, agreed to buy Tommy Hilfiger B.V. for $3.0 billion) plus the assumption of $137 million in liabilities. The consideration includes $2.62 billion in cash and $377.5 million in PVH common stock. The combinat
Alien Workshop Names Marketing Coordinator
DNA Distribution appointed Jeff Dickson as the new marketing coordinator for its Alien Workshop brand. Dickson has years of experience in the skate industry including former positions at Element, as well as Zero and Mystery…
Wilson and the NCAA Join Fight Against Cancer
In time for March Madness, Wilson Sporting Goods Co. and the NCAA launched the “Every Pass Counts: Ultimate Assist” program designed to make it easy for college hoop fans on Facebook to join in the fight against cancer…
Killick Datta Becomes AAFA Board of Directors Chairman
During the 2010 American Apparel & Footwear Association (AAFA) Annual Executive Summit in Washington, D.C., outgoing AAFA Chairperson Carol J. Hochman, President of RHH Capital & Consulting, Inc., turned over the chairmanship of the AAFA Board of Director
Gerber Recalls Machetes
Gerber Legendary Brands in cooperation with the U.S. Consumer Product Safety Commission is recalling 149,000 Gerber Gator Machete and 6,000 Cator Machete Jr. machetes due to reports of injuries…
Sof Sole Donates $50,000 To Kay Yow/WBCA Cancer Fund
The Kay Yow/WBCA Cancer Fund, in partnership with The V Foundation for Cancer Research, announced that Sof Sole, an Implus Footcare brand family, has joined the fight against women's cancers by becoming an official sponsor…
The Bike Cooperative and Shopatron Form eCommerce Partnership
The Bike Cooperative entered into a strategic partnership with Shopatron, Inc., a collaboration designed to expand online sales opportunities for the cooperative's member retailers and supplier partners…
New Balance Earns Do Good Stamp from Ladies’ Home Journal
New Balance announced today that Ladies' Home Journal has awarded New Balance 'Do Good' Stamp for its work with Susan G. Komen for the Cure…
Adams Golf Widens 2009 Loss
Adams Golf reported sales fell 17% in 2009, to $76.1 million from $91.5 million a year ago. Adams Golf had a net loss of $12.2 million, or $1.82 per fully diluted share, for the year as compared to a net loss of $1.5 million, or 23 cents, a year ago…
Adidas Group Sees Return to Growth in 2010; Owned-Retail the Lone Bright Spot in 2009
The adidas Group reported its fourth-quarter earnings fell sharply amid continued sales declines but said it expects growth to resume this year on the strength of its marketing around the FIFA World Cup, momentum seen in its adidas Originals lifestyle col
Billabong Agrees to License Skate Brand Plan B
Billabong International Limited announced it has entered an exclusive 10-year agreement to license the California-based skateboard brand Plan B…
Foot Locker Launches 5-Year Growth Plan, Looks to Increase Focus on Run and Apparel
Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Collective Brands Narrows Q4 Loss
Collective Brands, Inc. reported a fourth quarter net loss of $10.9 million, or 17 cents per diluted share, compared to a net loss of $144.0 million, or $2.28 per share, in the fourth quarter of 2008. Excluding special items, the loss was cut to $11.6 mil
Neiman Marcus Rebounds, Posts Profit
Neiman Marcus Group Inc. swung to a fiscal second-quarter profit after steep write-downs weighed on year-ago results. For the quarter ended Jan. 30, Neiman Marcus posted a profit of $4 million, compared with a year-earlier loss of $509.3 million. The year
