Sport-Haley, Inc. has entered into an Agreement to purchase Explorer Gear USA, Inc.'s entire membership interest in Reserve Apparel Group, LLC and to settle all potential claims between, as applicable, Sport-Haley, Reserve Apparel, Explorer Gear and
Author: James Hartford
NRF Sees Holiday 2006 Sales Growth Moderating
While consumers have shown a surprising amount of resilience in 2006, retailers can expect a more subdued holiday season. According to the National Retail Federation (NRF), total holiday retail sales are expected to increase 5.0% over last year, bringing
adidas Group Picks Up Two More Reebok Distributors
The adidas Group has bought the distribution rights for the Reebok brand in the Czech Republic and Slovakia from RBK Sport CZ and RBK Šport SR respectively, Reebok’s distributors in the two countries. Effective January 1, 2007, adidas ÈR s.r.o. will becom
ForeFront Holdings Acquires Burton Golf
As part of its continuing effort to become the leading supplier of accessory products and value-added services to the golf industry, ForeFront Holdings, formerly Datrek Miller International, has purchased Burton Golf. The announcement was made by Mike He
Heelys Inc. Files for Initial Public Offering
Heelys, Inc. filed S-1 documents with the Security & Exchange Commission last week, signaling its intent to enter the public market. Heelys hopes to raise around $115 million in the IPO, based on papers filed with the SEC, but did not provide the number
U.S. Customs Busts Counterfeit Nike Smuggling Ring
Representatives from the Department of Justice and the Department of Homeland Security on Tuesday
announced the break up of one of the largest counterfeit merchandise smuggling schemes uncovered in recent U.S. history. Six persons, including two U.S. cit
Warnaco Swim Sales Up 17.6% in Q2; Operating Income Declines
Warnaco Inc. reported that second quarter net revenues increased 20.5% to $451.6 million, including $63.7 million in revenues from the CKJEA Business (Calvin Klein Jeans and related businesses in Europe and Asia). Swimwear Group net revenues increased 17.
Orange 21 Posts Q2 Loss on Flat Sales; Replaces CFO
Orange 21 Inc. reported that net sales for the second quarter of 2006 were relatively flat at $10.3 million, a 1.4% decrease compared to $10.4 million in the second quarter of 2005. ORNG reported a Q2 net loss of approximately $758,000, or 9 cents per dil
Mossimo Q2 Net Income Gain Outpaces Revenue Growth
Mossimo, Inc. reported second quarter 2006 total net revenues increased to $10.3 million compared to $9.0 million for the same period last year. The company reported second quarter net earnings of $2.71 million compared to net earnings of $2.2 million for
Phoenix Footwear Narrows Q2 Loss on Strong Organic Growth
Phoenix Footwear Group, Inc. reported that net sales for the second quarter increased 127.1% to $34.9 million compared to $15.4 million for the second quarter of 2005. The revenue gain reflects an 87.8% increase in Altama, a 25.8% increase in Royal Robbi
adidas to Kick Off Third T-Mac Asia Tour
adidas is emabarking on its third consecutive summer tour to Asia with NBA superstar Tracy McGrady. The company said the T-MAC Tour is designed to continue to “further the growth of the game of basketball, while providing the many fans in the region the
Escalade Inc. Appoints New CEO
Escalade, Incorporated has appointed Daniel A. Messmer to serve as president and CEO of Escalade, Inc. effective immediately. Mr. Messmer will replace Robert E. Griffin who has served as the interim CEO effective since April 19, 2006. Mr. Griffin will c
Execute Sports Adds to Sponsorship Roster
Execute Sports, Inc. has signed Craig Warner to its Execute vest and wetsuit team and also to its Kampus footwear team. Craig is one of the leading pro racers on the American Power Boat Association (APBA) tour, and is currently amongst the top competitors
adidas Group Ups Sales Guidance ex-Reebok
adidas Group reported that second quarter Group sales increased 59% on a currency-neutral basis, driven by the consolidation of the Reebok business segment as well as higher than anticipated double-digit growth of both adidas and TaylorMade-adidas Golf. S
SportsOneSource to Acquire Sporting Goods Business and Related Properties
The SportsOneSource Group and Sporting Goods Business, two of the leading information resources serving the sporting goods retail market, have announced that they will join forces, offering the industry a single comprehensive source for trade news, analys
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