Global retail sales of organic cotton apparel and home textile products reached an estimated $3.2 billion in 2008, according to the Organic Cotton Market Report 2007-2008 released by the Organic Exchange. This represents a 63% increase from the $1.9 billi
Author: sportsoneauthor
G-III Fourth Quarter Earnings Plummet on Charge
G-III Apparel reported net sales spiked 32.6% to $170.7 million for the fourth quarter of fiscal 2008 from $128.7 million in the year-ago period. In a conference call with analysts, management credited the company’s new retail segment along with significa
Gottschalks Inc. to Liquidate
Gottschalks, the department store chain based in Fresno, CA, will be liquidated after it failed to attract a buyer willing to operate the company going forward. A joint venture of liquidators including SB Capital Group LLC, Tiger Capital Group LLC, Great
Seizing the Women’s Opportunity at Sporting Goods Retail
If a survey of SportsOneSource magazine and newsletter subscribers is any indication, sports retailers of all stripes can be doing a lot more to lift their game when it comes to catering to women customers. The question – “How can sporting goods and athle
Nike Sues Two Chinese Companies
Nike is suing two Chinese companies for copying its Jordan brand logo, according to China Daily. Nike contends that Shanghai Century Lianhua Chengshan Supermarket Co. Ltd. was illegally displaying and selling fake sports pants bearing the logo for nearly
Lawsuit Erupts Over Jackets with Wireless Features
Several sports manufacturers, including Nike, Under Armour, VF Corp and Columbia Sportswear, are among the dozens of brands being charged by Tec-Technology Enabled Clothing, Inc. with patent infringement. The complaint against these companies stems from t
VF Corp. Lays Out Growth Plans at Investor Conference
Speaking last week at the Telsey Advisory Group Consumer Conference, Eric Wiseman, VF Corp. chairman, president and CEO, said The North Face has grown consistently now at a 25% annual rate for eight years but still has significant growth opportunities as
Genesco, Inc. Sees Upside During Economic Downturn
While consumer spending remains challenging, Genesco, Inc. sees many benefits from the economic downturn. Speaking last week at the Telsey Advisory Group Consumer Conference, Bob Dennis, Genesco, Inc. president and CEO, said this includes gaining lease ne
L.L. Bean Furloughing 150 Call Center Workers
L.L. Bean is temporarily laying off 150 of its 200 employees working at its call center in Bangor, Maine, beginning in May. The retailer and cataloguer told Banger Daily News that this is typically a slow time of year, but it is even slower due to the st
It’s Jordan vs. Nike as The SportsOneSource “Brand Brackets” Reach Final Two
Nike, Inc. continued its dominance of the 2009 SportsOneSource “Brand Brackets,” by placing all four teams in the Final Four of the NCAA Men’s Basketball tournament, capped by Monday night’s showdown between North Carolina and Michigan State…
OR Survey: Seeing New Products Main Reason to Attend
According to an online survey by the Outdoor Retailer tradeshow, the top reason people attended the OR was to see new products, followed by finding new suppliers/manufacturers, and establishing/building relationships…
Rocky Extends Credit Facility
Rocky Brands, Inc. has amended its credit facility with GMAC Commercial Finance LLC to extend the facility’s maturity through Apr. 30, 2012. The credit facility was originally scheduled to mature on Jan. 5, 2010. The amendment also reduces the commitment
Cannondale Shifts Manufacturing to Taiwan
Dorel’s newly-named Cycling Sports Group (formerly the Cannondale Sports Group) plans to consolidate all North American product development, marketing and business management functions for the four cycling brands Cannondale, Schwinn, GT and Mongoose in Be
Outdoor Groups Urge Better Backcountry Management
Outdoor Industry Association has inked a partnership with The Theodore Roosevelt Conservation Partnership and Outdoor Alliance in support of responsible management of inventoried roadless areas. The three organizations are looking to sustain the high-qual
Affordable Footwear Act Re-Introduced in Senate
Senators Maria Cantwell (D-WA) and John Ensign (R-NV) have formally re-introduced the bipartisan Affordable Footwear Act (AFA), which would permanently eliminate “extraordinarily high tariffs” assessed on certain specialty outdoor footwear which have been