Back-to-School Outlook Brightens in New Report

While the market struggles through what looks to be an ugly second quarter at retail, sports and outdoor industry retailers — and eventually vendors — may find some solace in early numbers from a recent survey that reveals that consumers may be keeping th

Nexcen Brands Cash, Debt Flat in Q1

NexCen Brands, Inc., the parent of The Athlete's Foot, reported its cash on hand was approximately $8 million at the end of its first quarter ended March 31, remaining consistent with cash on hand at Dec. 31, 2008. Debt was approximately $142 million

Hi-Tec Sees Outdoor Biz Expanding

Hi-Tec plc is reporting that worldwide wholesale revenues rose 9% to approximately $240 million in 2008 from approximately $220 million in 2007. The company reported that U.S. wholesale revenues declined 14% to approximately $50 million in 2008 from roug

SGMA Seeks Support for PHIT and Lacey Acts

The Sporting Goods Manufacturers Association (SGMA) said the PHIT (Personal Health Investment Today) Act has a chance of being included in the health reform bill and is urging its members to contact their congressman to support the bill…

Les Otten to Run for Governor of Maine

Les Otten, the former CEO of American Skiing Co., announced plans to run for governor of the state of Maine as a Republican. According to his website, Otten's campaign will focus on renewable energy, job creation, efficient government and leadership

Speedo Weighs Decision on Competitors’ Suits

Speedo is still debating whether to allow its sponsors to wear rival manufacturers’ high-tech suits in the pool. The introduction of Speedo's LZR Racer suit more than a year ago led to a flood of world records, including several at the Beijing Olympi

Snyder Resigns from Crocs Board

Ron Snyder, the former president and CEO of Crocs, Inc., has resigned his position on the company’s board of directors, effective June 30, 2009. Snyder “retired” from his role as President and CEO in March of this year but remained on the board…

VF Corp. Unveils New Licensed Sports Group

VF Imagewear has officially renamed the VF Activewear group as the VF Licensed Sports Group, a division focused on the development of both on-field and licensed sports apparel. Sources inside the company told SEW there were no changes in staff or office