Industry Dances Around New Acquisition Talk…
In a market environment that tends to see a new acquisition or merger deal each week, it now appears that the absence of a deal after some wild speculation now garners as much attention. It is interesting to note that while the stock market has been on a
Crocs Awarded $1.8 Million in Jibbitz Infringement Case…
Crocs, Inc. is back on the war path in court, this time defending copyrights and trademarks for its subsidiary, Jibbitz, LLC. The judgment from the U.S. District Court in Nevada awarded Jibbitz $1.8 million in addition to attorneys fees and other costs i
Foot Locker Abandons Pursuit of Genesco
Foot Locker, Inc. confirmed that it had made a proposal to Genesco Inc. to acquire all of the outstanding common stock of Genesco for $51 per share. In light of Genesco's public release on Thursday, Foot Locker announced that it was no longer pursuin
Motion Filed to Stop NYC Bat Ban from Taking Effect
Don't Take My Bat Away, the coalition of parents, coaches, baseball enthusiasts and batmakers that oppose the ban on non-wood bats in New York City high school baseball games, announced that it filed a motion late Tuesday to have the ban declared unl
Former Cloudveil Owners Acquire Ouray Sportswear
O Holdings, LLC has completed the acquisition of the assets of Ski Country Imports, Inc. and Ouray Sportswear Wyoming, Inc. O Holdings has capitalized a new company, Ouray Sportswear, LLC which will continue the operations of Ski Country Imports, formerly
Perry Ellis Signs Footwear Licenses with ACI Int’l
Perry Ellis International has entered into new licensing agreements with ACI International Inc. to design, manufacture and distribute dress, and casual athletic footwear for the Perry Ellis and Perry Ellis Portfolio brands and to design, manufacture and d
Dick’s Sporting Goods Surprises Wall Street with Strong First Quarter…
Dick’s Sporting Goods was able to pull off a strong enough first quarter to hit the high end of its guidance in spite of a “very challenging retail environment” this spring. While some of the increase in the top line was spurred by the inclusion of Golf G
Hibbett Hurt by Soft Urban Business in Q1, but Calendar Shift Hurts More…
Hibbett Sporting Goods, Inc. saw softness in urban in the first quarter slow overall growth, but a calendar shift that saw the first week of February move into the fiscal fourth quarter while the much softer first week of May moved into Q1 dragged quarter
Shoe Carnival Urban Product Slows Athletic Sales…
After posting their highest quarterly earnings in company history during last year’s first quarter, Shoe Carnival nearly matched that number this year, in spite of a very challenging spring retail environment and declining comparable store sales. Mark Lem
Snow Sports Sales Remain Flat for 2007-’08 Season…
Specialty Snow Sports retailers struggled through a chaotic winter this year with weather impacting hardgoods sales in the East and Midwest and decent, stable weather in much of the Rockies and west-coast. While softgoods sales accelerated to offset part
Nike to Once Again Produce Soccer Balls in Pakistan…
Just over six months ago, SEW reported that Nike, Inc. had decreased production of hand stitched soccer balls at the Saga Sports factory in Sialkot, Pakistan due to “significant labor compliance violations”…
Edwin Watts Acquired by Sun Capital Affiliate…
An affiliate of Sun Capital Partners, Inc. has acquired Edwin Watts Golf Shops, LLC. Headquartered in Fort Walton Beach, FL, Edwin Watts Golf is a multi-channel retailer of golf equipment, apparel, and accessories through 66 retail stores, in ten southern
OIA Lobbying Helps Secure Recreation Funding…
Under the leadership of Congressman Norm Dicks (D-WA), the House Interior Appropriations sub-committee provided $50 million in funding for the Land and Water Conservation State Assistance program…
Unifi Appoints Dillon Yarn CEO to Board
Unifi, Inc.'s Board of Directors appointed Stephen Wener to the Board. Mr. Wener, who lives in Franklin Lakes, New Jersey, has served as the President and CEO of Dillon Yarn Corporation since 1980 and has been a driving force behind Dillon's suc
Quiksilver Opens First Company-Owned Store in Canada
Quiksilver opened its first company-owned, full-priced, retail store north of the border in Montreal, Canada. The new store located in downtown Montreal on St. Catherine Street boasts 3200 square feet of retail space and showcases the brand's defini
