Andre Agassi Sues Target Corp…
Former professional tennis player Andre Agassi has sued Target Corp., alleging that the retailer illegally used his name on more than 52,500 pairs of “Agassi” sandals sold at its stores nationwide and through Internet retailer Amazon.com. The sandals are
NRF: Holiday Sales Growth to Be Below Ten-Year Average…
The National Retail Federation reported that it anticipates holiday sales to increase by 4.0% to $474.5 billion for the 2007 season. However, with a growth rate of only 4.0%, this year’s sales increase will be below the ten-year average of 4.8% and would
Orange 21 and No Fear Drop Retail Talks…
In July, Orange 21, Inc. entered into discussions with No Fear to acquire its retail subsidiary, No Fear Retail Stores, Inc. as part of a strategic expansion. More recently, Orange 21’s independent special committee of its board of directors concluded tha
Organic Cotton Production Climbs 53%
Latest figures from the Organic Exchange show that the amount of organic cotton produced globally increased 53% from 2005/06 to 2006/07 to 57,931 metric tons (MT), or 265,517 bales of cotton and volumes are set to climb further. This expansion was led by
Genesco Sues Finish Line to Force Marriage…
When looking at the courtship of Genesco, Inc. and its coveted position in the mall, it’s hard to remember a deal in recent history that has had more ups and downs or that has gotten more personal. The latest salvo was launched on Friday morning as Genes
Dick’s Sporting Goods Rolls Out ACG Private Brand; Inks Deal on RBK Branded Apparel…
Dick’s Sporting Goods continues to expand its “private brands” strategy, announcing Monday at the annual Bank of America Securities Investor Conference that they have inked a deal with Reebok to design, source, market, and sell Reebok athletic apparel und
Crocs Fights Off Escalator Talk…
Crocs spent much of last week defending itself over reports that countless people, particularly young children, wearing their shoes were getting their toes caught in escalators. Incidents were reported to have occurred over the last few months in Singapor
ITECH Named Official NHL Visor…
Mission-ITECH Hockey has entered into a multi-year agreement with the NHL for the company’s ITECH brand to become the Official Visor and Goalie Mask of the league. As a result of the partnership, the NHL Shield will begin appearing on all ITECH facial and
Columbia Looks for Footwear and Apparel Growth
At the recent Bank of America Annual Investors Conference, Columbia president and CEO, Tim Boyle gave a brief overview of the company and its growth initiatives. On the product side, Columbia is looking at two major branding opportunities to boost apparel
Orange 21 Terminates Discussions with No Fear
Orange 21 Inc. confirmed that an independent special committee of its board of directors and No Fear Inc. have mutually agreed to terminate discussions regarding a potential strategic transaction involving the acquisition of No Fear Retail Stores, Inc. Or
Genesco Files Suit to Force Finish Line into Merger
Genesco Inc. has filed suit in Chancery Court in Nashville, Tennessee, seeking an order requiring The Finish Line, Inc. to consummate its merger with Genesco and to enforce The Finish Line's rights against UBS under the Commitment Letter for financin
GSI and QVC Report Success from NFL Partnership
QVC and GSI Commerce Inc. report success from their recent partnership to sell NFL merchandise through QVC.com. The partnership reports that the 20th anniversary of QVC's “Today's Special Value” television program resulted in more than 9,000 cus
Kellwood Receives $21 Per Share Takeover Bid
Kellwood Company has received an unsolicited letter from Sun Capital Securities Group, LLC, indicating the group's interest in pursuing an acquisition of all of Kellwood's outstanding shares at a price of $21 in cash per share. The Sun Capital p
Shred Alert Names Frey As VP
Shred Alert, Inc. added Tripp Frey to head its sales team as vice president of the company. With extensive financial analyst and management experience, Frey will lend his business expertise directing the sales force and market forecasting…
Cocona Receives Capital Infusion
Cocona Inc. (formerly Traptek, LLC) has received a “major capital investment” from Fairhaven Capital, a leading early- and growth-stage venture capital firm based in Boston, Massachusetts. Sources at both Cocona Inc. and Fairhaven declined to disclose th
