Reports: Layoffs at Reef
Reef has laid off as many as 42 employees from its Carlsbad, CA, headquarters, according to several published reports…
Russell Shuttering More Alex City Ops; Lays Off 250+
Russell Corporation announced the 'phasing out' of its fabrics operation in Alexander City, AL, and the layoff of more than 250 employees due to the “current economic conditions, in addition to increasing costs and import pressures from Asia.”..
Smith and Wesson to Supply 4,000-man Police Force with MandP40
Smith & Wesson Corp. said it has received confirmation from the South Australia Police Force (SAPOL) that it will arm its 4,000-officer frontline force with the company's M&P40 pistols…
BJ’s Comps Up Slightly for December
BJ's Wholesale Club, Inc. reported total sales for December 2008 increased by 3.2% to $1.06 billion from $1.03 billion in December 2007. On a comparable club basis, sales increased by 1.6% for the month of December, including a negative impact from s
Wolverine to Acquire Cushe Footwear Brand
Wolverine World Wide, Inc. announced the acquisition of the Cushe (pronounced “cushy”) footwear brand, a move the company says will drive new global opportunities and leverage the strength of Wolverine's proven business model and operating infrastruc
Zumiez December Comp Sales Drop 12.3%
Zumiez Inc. said its comparable store sales decreased 12.3% for the five-week period ended Jan. 3, 2009, versus a comparable store sales increase of 3.9% in the year ago period ended Jan. 5, 2008. Total net sales for the five-week period ended Jan. 3, 200
Jarden Q4 to Exceed Internal Forecasts
Jarden Corp, which owns Coleman and K2, said it expects fourth-quarter revenue to be slightly above its prior outlook of $1.3 billion. It also said it finished 2008 with more than $360 million of cash on the balance sheet…
The North Face to Sponsor Elite Snowboarder
The North Face announced that snowboarder David Carrier-Porcheron, commonly known as DCP, has joined its athlete team. The North Face has a team of more than 60 professional global athletes which includes snowboarders, skiers, rock climbers, mountaineers,
Skechers, Adjmi Team Up for Kids Apparel Line
Skechers USA said that Adjmi Apparel Group has been named the licensee for a new Skechers-branded children’s clothing line set to launch in Fall 2009 at department, specialty and online retailers that carry Skechers Kids footwear…
Reports: SF Housing Authority to Drop Handgun Suit Against NRA
According to multiple published reports, the National Rifle Association has confirmed that the San Francisco Housing Authority is preparing to drop it blanket handgun ban in public housing…
Thorlos Makes Changes in Rep Coverage
Sock manufacturer Thorlos has selected Tom and Tony Karas with Robb Green of T & T Manufacturers to provide coverage for the state of Colorado. Thorlos' long-standing representative Jan Gulliksen will also continue in his current capacity with the co
Upside Over Boasts Healthy 2008 Revenue Gains
Upside Over Inc., the kids-focused outdoor retailer and e-commerce website, said revenues had grow 350% in Fiscal Year 2008. Management said it has benefited as more and more families are deciding to stay close to home and participating in what the indust
Horowitz Promoted to Modell’s President
Modell's Sporting Goods announced that Seth Horowitz, EVP of merchandising marketing & allocations, has been promoted to president of the company. Horowitz's expanded responsibilities will include overseeing all aspects of business operations, i
L.L. Bean Holiday Sales Weak; Plans Layoffs
L.L. Bean is considering several cost cutting moves, including layoffs, after posting a double-digit drop in sales over the holiday period. In an e-mail to employees first obtained by the Times Record newspaper in Maine, Chris McCormick, president and chi
BowTech’s CEO Stepping Down
BowTech, the world's largest bow manufacturer, announces that John Strasheim is stepping down as President and CEO, effective Jan. 15, 2009. Mr. Strasheim, also a board member for the Savage Sports Corp., is pursuing other business interests…
