Wellman, Inc. and its debtor subsidiaries have filed a Joint Plan of Reorganization (the “Plan”), a Disclosure Statement (the “Disclosure Statement”) and related documents with the United States Bankruptcy Court for the Southern District of New York. The
Author: Charlie Lunan
Prices for Chinese Textile Import Rise Again in 2007
Price of textile imports to the United States rose for the second year in 2007, following years of falling prices. The increase was led by China and Asean countries, including Cambodia, Indonesia and Vietnam. But the average price of imports from Mexico c
Osprey Names to New Rep Agencies
Osprey Packs, Inc.has added two new sales representation teams to their U.S. rep force. Effective immediately, Ames Adventure Outfitters will cover the North Central territory, and The Alpine Cowboy will cover the South Central territory…
Nikwax Puts Global Marketing Under U.S. Exec
U.K.-based Nikwax has put international marketing under Chas Fisher, the president of its North American unit. Fisher will be responsible for the strategic and tactical branding efforts of Nikwax in the global market. He will continue to oversee the compa
Forzani Acquisition Emerges from Bankruptcy
The Forzani Group Ltd. said that Athletes World Limited, a national retailer of athletic and recreation footwear and apparel it acquired out of bankruptcy in November, 2007, has emerged from CCAA protection….
K2 Taps TNF Design Director to Drive Apparel Brands
Seattle-based K2 Sports named Paul Arntson as its apparel general merchandise manager to drive Planet Earth apparel and fuel growth for the Ride and Cappel outerwear divisions. K2 said the hire demonstrates its committment to energize apparel sales. Arnst
U.S. Licensees Buy Finnish Running Brand Karhu
Former Reebok executives, Huub Valkenburg and Jay Duke, have purchased the Finnish running brand, KARHU, including the trademarks and patents of the KARHU brand. Karhu Sporting Goods Oy, previous owner of the brand, remains the licensee for the Scandinavi
U.S. Licensees Buy Finnish Running Brand Karhu
Former Reebok executives, Huub Valkenburg and Jay Duke, have purchased the Finnish running brand, KARHU, including the trademarks and patents of the KARHU brand. Karhu Sporting Goods Oy, previous owner of the brand, remains the licensee for the Scandinavi
Dorel Acquires Accessories Maker PTI Sports
Dorel Industries Ltd. said its Pacific Cycle division acquired the assets of PTI Sports, a leading U.S. designer, manufacturer and distributor of bicycle parts, helmets and other accessories. The acquisition will allow Pacific to sell more product to mass
Brunswick to Close Four Boat Plants, Slash 2,700 jobs
Brunswick Corporation said it will close four more boat plants and lay off up to 2,700 employees as part of a new plan to cut another $300 million in fixed costs in the face of a prolonged and worsening downturn in the U.S. marine market. The company has
EMS Tripling Size of North Conway Store
Eastern Mountain Sports is relocating its North Conway, NH store from the Eastern Slope Inn to Settlers’ Crossing, a new retail development three miles away. Tripling in size, the new 18,000-square-foot store will showcase a wider selection of gear and ap
Columbia Taps Keen Exec to Head Global Footwear
Columbia Sportswear Company has appointed Tim Bartels to vice president of global footwear sales and promoted Mitch Fields to vice president of global apparel sales.Bartels, who most recently served as vice president of global sales for Keen, will be resp
Colorado Reports Second Highest Skier Visits Ever
The 2007-08 ski season will go down as the second best in Colorado history in terms of skier visits, according to Colorado Ski Country USA, which represents 26 resorts. The non-profit estimated that its members hosted an estimated 12,535,913 skier visits
China on Track to Be No. 2 Retail Market by 2012
TNS Retail Forward forecasts China will sustain double-digit nominal retail sales growth in the next five years despite short-term pressures. This will push the size of the retail market in China to more than $1.4 trillion by 2012, surpassing Japan to bec
Black Diamond and Beal Ropes Parting Ways
Black Diamond Equipment Ltd. has ended its formal partnership with Beal Ropes, which will now focus on direct sales. The partnership was ended due to market factors, the changing retail environment and is viewed by both parties as a necessary and logical