Nexcen Brands Cash, Debt Flat in Q1
NexCen Brands, Inc., the parent of The Athlete's Foot, reported its cash on hand was approximately $8 million at the end of its first quarter ended March 31, remaining consistent with cash on hand at Dec. 31, 2008. Debt was approximately $142 million
VF Corp. Unveils New Licensed Sports Group
VF Imagewear has officially renamed the VF Activewear group as the VF Licensed Sports Group, a division focused on the development of both on-field and licensed sports apparel. Sources inside the company told SEW there were no changes in staff or office
U.S. Supreme Court to Hear NFL Apparel Licensing Case
The Supreme Court agreed last week to decide whether the National Football League and its 32 teams can enter an exclusive licensing deal with a maker of team jerseys and other gear without violating federal antitrust law. The court said it will hear an ap
SEW Goes One-On-One with… Foot Locker’s MATT SERRA
Last week, Foot Locker, Inc. announced that Ken Hicks, president and chief merchant of J.C. Penney Co., would become its new president & CEO, effective August 17. Hicks will succeed Matt Serra, who has been CEO of Foot Locker since March 2001 and chairman
NASGW President Smith Leaving Due to Health Issues
The National Association of Sporting Goods Wholesalers (NASGW) Board of Directors has announced that Wayne Smith, President for the past five and half years, will be leaving the association…
UNC, Nike reach 10-year deal
Nike Inc. has signed a 10-year contract to supply athletic footwear, apparel and accessory products to the North Carolina Tar Heels. The contract was signed in late May and was made retroactive to July 1, 2008…
Nexcen Brands Cash, Debt Flat in Q1
NexCen Brands, Inc., the parent of The Athlete's Foot, reported its cash on hand was approximately $8 million at the end of its first quarter ended March 31, remaining consistent with cash on hand at December 31. Debt was approximately $142 million,
Ortovox USA Opens New Western DC
Avalanche safety equipment company Ortovox USA has opened a new western U.S. sales and distribution center in West Valley, UT…
eSports Gains Univ. of Michigan Apparel Contract
The University of Michigan said it has signed a 10-year contract with eSports Partners Inc., based in Dallas. The contract guarantees The University of Michigan $1.5 million the first year and rises to nearly $2.25 million by the contract's last year
Langlois Departs from Head USA
Robert Langlois, VP of Winter Sports at Head USA will leave the company Sept. 30. He has accepted an opportunity to work for a company in the North American Winter Sports Apparel market located in Montreal close to where he lives…
New Balance CEO to Join AAFA Board of Directors
The American Apparel & Footwear Association (AAFA) said Rob DeMartini, CEO of New Balance, will join the AAFA Board of Directors and Executive Committee…
Eddie Bauer Wins Court Approval to Sell Assets
Eddie Bauer Holdings Inc. won bankruptcy court approval to sell its assets at an auction next month. At a joint court hearing held simultaneously in Wilmington, DE and Toronto, where the company’s Canadian division is in bankruptcy, two judges approved Ed
Andy Knapp Loses Battle with Cancer
Andy Knapp, the long time head buyer of hardgoods at Midwest Mountaineering in Minneapolis, passed away at home on June 22, 2009. He had been fighting kidney cancer for six years…
Gildan Confirms Operations Unaffected by Honduran Political Situation
Gildan Activewear Inc. confirmed that the current political situation in Honduras has had no impact on its operations or employees in Honduras. Honduran President Manuel Zelaya was ousted in an army coup on Sunday…
Savage Rifles: Fighting Terrorism in the Philippines
Savage Arms has joined the global war on terror with the delivery of 111 custom Model 10 sniper rifles to the Philippine National Police. The rifles were delivered in May and already have been utilized successfully in operations with the Special Action Fo
