Supply chain giant Li & Fung Limited reported sales grew 26 percent in 2011 as it brought on a slew of acquisitions to bolster its global sourcing capabilities for western retailers and began tapping Asia's growing demand for consumer goods…
Author: Charlie Lunan
Skier Visits Off 5.2 Percent at Colorado Resorts
Skier visits to the 22 Colorado ski resorts declined 5.2 percent in January and February compared to the same period in 2011, according to Colorado Ski Country USA’s (CSCUSA). For the 2011/12 season to date, or August, 2011 through February, 2012,
Kanter Departs Moosejaw for Blue Nile
Harvey Kanter resigned as CEO of Moosejaw Mountaineering to take the top position at Blue Nile, the publicly traded online jewelry retailer. Kanter will take over March 30 as chief executive officer and president at the company and join its board of direc
Boreas, Alite Co-host Reception in San Francisco
Boreas and Alite Designs, two San Francisco company that make backpacks and other adventure travel and outdoor gear, are co-hosting Friday (March 23) a 2012 Product & Showroom Launch Party at their shared space at 2505 Mariposa Street in the Mission…
Perry Ellis Says Golf and Swim Lead FY 2011 Growth
Perry Ellis International, Inc., which makes Nike branded swimwear and golf apparel under the Callaway, Top-Flite, PGA Tour and Champions Tour brands, reported revenues grew 24 percent compared in the year ended Jan. 28. Still, the company said it has ide
Li and Fung 2011 Sales Get Boost from Acquisitions, Rising Asian Consumerism
Supply chain giant Li & Fung Limited reported sales grew 26 percent in 2011 as it brought on a slew of acquisitions to bolster its global sourcing capabilities for western retailers and began tapping Asia's growing demand for consumer goods. Even aft
PVH Corp. to Spend $1MM to Improve Factory Safety in Bangladesh
PVH Corp. has agreed to spend up to $1 million to improve fire and building safety in Bangladesh’s ready-to-wear apparel industry more than a year after more than a dozen workers perished in a fire at a locked factory it had used to make Tommy Hilfi
REI Names Former Urban Outfitter Exec as New CFO
REI (Recreational Equipment, Inc.) has hired retail and outdoor industry veteran Eric Artz as its next chief financial officer in May. Artz, who will assume the role in May, comes to REI from Urban Outfitters, Inc. and spent 17 years at VF Corp…
Downeast Bicycle Specialists Picks up Küat Racks
Küat Racks, makers of lightweight, stylish and easy-to-use racks, has begun distributing to independent bicycle dealers through Downeast Bicycle Specialists…
Lenzing Group Says Shift From Cotton Boosts Rayon Sales
The Lenzing Group of Germany attributed record 2011 results to growing sales and higher prices of its Modal and Tencel fibers as apparel brands shifted to wood-based, or cellulosic, fibers to mitigate the impact of rising cotton costs…
RECALL: 200 Pair of Bon Hiver Snowboard Bindings
Bon Hiver Inc., of Chester, N.Y. is voluntarily recalling about 200 snowboard bindings because their base plate can fracture from impact during use, posing a fall hazard to snowboarders. The bindings were sold at…
NICA Offers Microgrants to Boost Mountain Biking Participation
The National Interscholastic Cycling Association has launched the NICA Booster Fund program to provide micro-grants to individual student-athletes, coaches and teams from underrepresented areas and disadvantaged backgrounds with the goal of increasing par
Sears Holdings Names New Real Estate Chief
Sears Holdings announced that David Lukes joined the company as president, real estate development at its real estate unit. Lukes comes to Sears Holdings from Mall Properties, Inc. where he served as president and CEO of the privately owned $3 billion rea
Nielsen Shareholders Could Earn $900M from Secondary Offering
Nielsen Holdings N.V., which owns the Outdoor Retailer and Interbike shows, announced that a secondary public offering of its common stock has been priced at $30.25 per share. At that price, the offering will raise $907 million for existing shareholders..
Moosejaw Promotes Comerford to President and CEO
Rapidly expanding outdoor specialty retailer Moosejaw Mountaineering named Eoin Comerford as president and CEO. In his new role, Comerford will oversee an major expansion of the company's brick-and-mortar…