Heelys, Inc. has engaged Grant Thornton LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2009 to replace the firm of Deloitte & Touche LLP…
Author: James Hartford
Hi-Tec Sees Contraction in U.S. Business, Sharp Gains in U.K. Outdoor
Hi-Tec plc is reporting that worldwide wholesale revenues rose 9% to approximately $240 million in 2008 from approximately $220 million in 2007. U.S. wholesale revenues…
Ortovox USA Opens New Western DC
Avalanche safety equipment company Ortovox USA has opened a new western U.S. sales and distribution center in West Valley, UT…
Cleveland Golf/Srixon Names Harman EVP/GM
Cleveland Golf/Srixon has promoted Todd Harman to Executive EVP and general manager of Cleveland Golf/Srixon – North America. Harman previously served as executive director of Cleveland Golf/Srixon’s European subsidiary for the past two and a half years,
The Finish Line Exits Man Alive; Posts Q1 Comp Decline
The Finish Line, Inc. will exit its unprofitable Man Alive business and has entered into a definitive agreement with Man Alive Acquisition, LLC (“MA”) an entity controlled by Jimmy Khezrie, the owner and operator of Jimmy Jazz stores. In other news, The
Sturm, Ruger to Join Russell 3000 Index
Sturm, Ruger & Company, Inc. will join the Russell 3000® Index when Russell Investments reconstitutes its U.S. and global equity indexes on June 26, according to a preliminary list of additions published on June 12…
Filene’s Basement Sold at Bankruptcy Auction
A bankruptcy judge on Wednesday approved the sale of Filene's Basement Inc. to Sym's Corp. and Vornado Realty Trust after a heated auction that failed to net a clear winner in the first round of bidding. In the end, the winning pair, which were
Adidas Sees Market Share Expansion in 2010
Speaking at the recent Adidas Football Day in Herzogenaurach, Germany, Herbert Hainer, CEO and Chairman of Adidas AG, suggested that the company will “further extend” its position in football (soccer) next year when the World Cup will take place in South
NRF: Import Volume Still Below One Million Containers
The monthly Port Tracker report released by the National Retail Federation and IHS Global Insight indicates that import cargo volume at the nation’s major retail container ports remained below the one million mark in April and was the third-slowest month
NRF: Organized Retail Crime Sees Opportunity in Recession
As another illustration of the wide effect of the down economy, retailers and consumers are increasingly being victimized by organized retail crime groups. According to NRF’s fifth annual Organized Retail Crime survey, nine out of ten retailers (92%) repo
ICSC: Chain Stores Sales Down Last Week
The ICSC-Goldman Sachs index of U.S. chain store sales for the week ending June 6 rose by 0.2% from the prior week, but dipped 0.8% from the prior year, marking the weakest performance in five weeks…
Rip Curl Appoints New Group CEO
Rip Curl International has appointed Olivier Cantet as its new Group CEO. The appointment will be effective July 1, 2009. Cantet has been with Rip Curl since 2003 in his current regional role of European CEO and he will continue to manage that business al
Report: Brand Preference Influences Differ by Teen Age Group
While product quality is the most important influence in how teens make brand decisions, it is far less important to those consumers aged 12- to 17-years-old than it is to consumers as a whole. While it is can be expected that teens would have different
Report: U.S. Teens Have More Interest in Camping than Adults
As the outdoor industry continues the important conversation about getting youth involved in the outdoors, a recent study produced by The SportsOneSource Group may add an interesting perspective to the debate over the openness of teens to engage in outdoo
Dynamic Brands Adds a New CFO; Expands Staff
Dynamic Brands, the parent company for Bag Boy, Baby Jogger, Slotline and AMF Golf, has hired Tom Hall of Richmond, VA, as chief financial officer. Hall will oversee all financial aspects of the business units under the Dynamic Brands corporate umbrell
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