Nike Inc. Divests Bauer Hockey in $200 mm Deal…
The deal that has been the talk of the hockey industry since late September finally occurred last week as Nike reported reaching a definitive agreement to sell its Bauer Hockey subsidiary to an investor group led by Kohlberg & Company and Canadian busines
MacGregor Golf Names Setola CEO
MacGregor Golf Co. named Michael J. Setola as its president and CEO, effective immediately. Setola was most recently president of Oxford Industries, where he was responsible for brands including Oxford, Lanier and Ben Sherman. Additionally, the company an
Implus Footcare Launches Hosiery Division
Implus Footcare, LLC, has created a new Hosiery Division. The creation stems from the company’s rapid sales growth under their Sof Sole, Yaktrax and Apara brands. The Hosiery Division’s focus will be to build sock assortment across multiple Implus’ brands
Volcom Posts 22.1% Q4 Sales Gains; Net Income Slips
Volcom, Inc. saw fourth quarter net revenues jump 22.1% to $69.1 million, from $56.6 million a year ago. Total revenues for the full year increased 30.9% to $268.6 million from $205.3 million. Net income for the fourth quarter decreased to $7.1 million, o
EMS Commits $500,000 to the Conservation Alliance Legacy Fund
Eastern Mountain Sports has committed to contribute $500,000 to The Conservation Alliance Legacy Fund over the course of the next five years. The pledge brings the Alliance closer to its $3.5-million goal for the Legacy Fund…
Optic Nerve/Mountain Shades Moves to Wheat Ridge, CO
Optic Nerve and Mountain Shade sunglasses will move its current headquarters IN Edgewater, CO, to Wheat Ridge. The new Optic Nerve/Mountain Shades office, over triple the size of the current location, will open for business on February 25, 2008 and is loc
Columbia Partners with The Skin Cancer Foundation
Columbia Sportswear partnered with The Skin Cancer Foundation to introduce a new Omni-Shade sun protective apparel line. Columbia said it is the first global company to receive The Skin Cancer Foundation's Seal of Recommendation, which is awarded to
Nexcen’s D’Loren Joins Board of Running Club
NexCen Brands Inc., the parent of The Athlete's Foot, announced that its President and CEO, Robert W. D'Loren, has been appointed to the board of directors for the Achilles Track Club (ATC.) NexCen Brands, Inc. has also committed to donating $25
Modell’s to Open in Cinnaminson
Modell’s Sporting Goods has signed a lease for 18,000 square feet of retail space at the Marketplace at Cinnaminson in New Jersey. Located at 2501 Route 130 S., the Marketplace at Cinnaminson is anchored by Wal-Mart and Sam’s Club, and has a tenant roster
TJX Takes $5M Writeoff for Bob’s
TJX Cos. Inc. recorded an impairment charge of $5 million, after tax, or one cent a share, related to Bob's Stores. The impairment charge relates to certain long-lived assets and intangible assets at Bob's Stores and represents the excess of rec
Foot Locker Hikes Dividend by 20%
Foot Locker, Inc. declared a quarterly dividend of 15 cents a share, paybable May 2 to shareholders of record as of April 18. This dividend represents a 20 percent increase over the company's previous quarterly per share amount and is equivalent to a
Golf Report: Ping Apparel Parent Expects 8.5% Q4 Sales Decline…
Perry Ellis International, Inc., producers of Ping Apparel, expects to report Q4 earnings that will meet or beat analysts' average estimate of 61 cents per share. The company also said that while the first half of its current fiscal year, which began
Golf Report: Callaway Teams with St Andrews Links for Accessories…
Callaway Golf signed a five-year, worldwide license with St Andrews Links to develop a dual branded range of golf accessories. The partnership will allow the world famous St Andrews Links mark to appear on a range of Callaway Golf products and will direct
Nautilus Inc. Posts First Quarterly Loss in Q4…
Nautilus Inc.'s struggles continued in the fourth quarter as the manufacturer lost $47.7 million, or 99 cents a share, in the fourth quarter. That loss compares with earnings of $12.9 million, or 40 cents, a year ago. Sales tumbled 20.3% to $147.3 m
VF Sees Retail and International Driving Growth…
VF Sees Retail and International Driving Growth…
VF Corp., which has historically been a supplier to the mass channel, expects that by 2012, 72% of its total revenues will be either international, its own retail stores, the specialty channel, or the ups
