SIGG Switzerland, the leader in the aluminum beverage and sport bottle industry, is searching for independent accessory reps for the U.S. market. SIGG offers innovative designs, creative merchandising, and an outstanding private label program. Ou
Author: James Hartford
Vital Apparel Acquires ProMarX Specialties
Vital Apparel Group has reached agreement to purchase the assets of Promarx Specialties USA, Inc. Closing of the transaction is anticipated in early January 2005. The Promarx USA accessory line will become Vital Accessories and be marketed along with t
NRF Forecasts 3.5% Retail Growth for 2005
The National Retail Federation (NRF) released its 2005 forecast on Monday, predicting that GAFS sales, which includes most general merchandise categories, will increase 3.5% from last year. In its quarterly Retail Sales Outlook Report, released Monday at
Oakley Partnering with Motorola on New Communication Technology
Motorola, Inc. and Oakley, Inc. have announced a joint venture to introduce new Bluetooth-enabled wearable wireless communications devices. Motorola is collaborating with Oakley to fuse Motorola's latest Bluetooth technology with Oakley's advan
Nautilus Responds to Icon’s Press Release
The Nautilus Group, Inc. on Friday responded to the January 13 press release issued by Icon Health and Fitness regarding a legal case involving it and The Nautilus Group in Salt Lake City, Utah. In order to correct certain misleading and inaccurate statem
SBI Acquires Cloudveil Apparel; Forms new Company
Sport Brands International (SBI) has acquired outdoor apparel company Cloudveil and formed a new company, Cloudveil Mountain Works, Inc. Financial details of the agreement have not been disclosed. Jim Reilly has been appointed Managing Director of the n
Operations Coordinator — Axcent Sports
Axcent Sports, licensee of Descente Athletic gear, is seeking a talented operations person to coordinate all purchasing and logistics activities of the company, including but not limited to issuing raw material and finished goods POs and then exped
Stride Rite Ekes Out Q4 Profit on 13% Sales Gain
The Stride Rite Corporation reported that sales for the fourth quarter of fiscal 2004 increased 13% to $116.8 million from $103.8 million in the comparable period of fiscal 2003. Net income for the fourth quarter totaled $51 thousand or zero per diluted s
Keys Fitness Acquires ICON’s Spa Division
Keys Fitness Products has finalized an agreement with ICON Health & Fitness to acquire that company's Image Spa division, the nation's 3rd largest manufacturer of self-contained home spas and related accessories. The agreement increases the gros
CROCS Footwear Appoints New CXO’s
CROCS Footwear has named Ron Snyder as the company's Chief Executive Officer and Caryn Ellison as its Chief Financial Officer. Snyder, who has been serving as the company's President, received the company's reigns from CROCS Founder George
Commerce Dept. Reports Very Strong Holiday Retail Season
A U.S. Commerce Department report of December retail sales in the GAFS category, which includes most general merchandise categories, jumped 6.4% over the previous year. Combined, November and December brought holiday sales growth to 5.7%, the strongest gr
Product Recall: Flow Snowbaord Bindings
Flow International Inc., in cooperation with the U.S. Consumer Product Safety Commission, announced the voluntary recall of about 6,000 snowboard bindings. The pin used to secure the rear snaplock lever to the bindings can bend or break. Flow Internati
ICON Wins Round in Ongoing Nautilus Fight
ICON Health & Fitness, Inc. reported Thursday that U.S. District Court granted ICON's motion for summary judgment that an advertising statement made by The Nautilus Group, Inc. relating to its Bowflex exercise machine was false. ICON said thatThe Co
ICON Renames Light Exercise Division; Moves Group to Utah
ICON Health & Fitness announced the new name of ICON Fit Elements for its light exercise division, effective as of January 1, 2005. Formerly headquartered in Mesquite, Texas, the newly renamed ICON Fit Elements division will be based in Logan, Utah and h
Orange 21 Announces Exercise of Over-Allotment Option
Orange 21 Inc. announced that the underwriters of its initial public offering have exercised their over-allotment option to purchase from the company 520,000 shares of common stock at the public offering price of $8.75 per share. Roth Capital Partners, L