Kellwood's Board of Directors has unanimously determined that the Sun Capital Securities Group unsolicited proposal is not in the best long-term interests of Kellwood and its shareholders. This decision comes after careful consideration of the unsoli
Author: SGB Media
Skechers to Open New DC in California
Skechers will open a 1.8 million square foot distribution facility in Rancho Belago, a new community in California's Inland Empire. The new facility, which is expected to be completed in the first quarter of 2009, will be highly automated, allowing t
Callaway Expects 22% Q3 Sales Increase
Callaway Golf Company estimates net sales for the third quarter will be approximately $236 million, an increase of 22%. Management also estimates that based on these sales levels, earnings per diluted share will range between break-even and two cents, inc
lululemon Increases Q3 Guidance on Stronger Comps
lululemon athletica's comparable store sales for Fiscal 2007 third quarter ended October 31, 2007 are now expected to show percentage growth in the mid-30's over the same period last year, compared to previous guidance of growth in the mid to hi
Nikwax Establishes Three-Tiered Carbon Offset Program
Nikwax will implement a plan for carbon neutrality that addresses not only the present, but also the past and the future. By establishing this model for corporate responsibility efforts, Nikwax is taking their environmental commitment to the next level..
Jacques Lavertue Passes Away
On October 13, 2007, Jacques Lavertue, a footwear industry icon and the leader of the Merrell brand for more than a decade, passed away at home surrounded by his family after a courageous eight-month battle with cancer. He was 53. Jacques is survived by h
Mountain Khakis Hires Royle as Director of Operations
Mountain Khakis tapped business operations wizard Dan Royle as Director of Operations. Royle has honed his organizational craft during fifteen years in business operations and project management. His focus of expertise includes process development, financ
Sean Leslie Joins Hayter Communications
Sean Leslie landed a role as account manager for action sports and outdoor lifestyle PR firm Hayter Communications. In his new position, Leslie will drive media relations efforts for Ride, K2 Snowboards and the K2 Winter Outdoor division (Karhu, Atlas and
Hi-Tec Inks Licensing Deal with Bordan Shoe Company
Hi-Tec Sports USA and Bordan Shoe Company have entered into a licensing agreement to sell Hi-Tec Athletic footwear within the United States and Canada. Hi-Tec Athletic is well-established in Europe, and the company is looking to Bordan Shoe Company to ca
Spyder Hires New Sales Manager for EU Distributors
Spyder Europe hired Maria Moure as sales manager – distributors. Moure will work with European distributors to service accounts and focus on continuing Spyder’s European growth. Previously of Columbia Sportswear International, adidas-Salomon AG, and Levi
Gatorade Inks Deal with Tiger Woods
Gatorade and Tiger Woods are collaborating to develop Gatorade Tiger. Terms of the licensing deal were not disclosed. Gatorade Tiger, is a “Gatorade Thirst Quencher” sub-line that will be launched in March 2008. The sub-line marks the first-ever licensing
Under Armour Inks Sponsorship Deal with ESPN
Under Armour has signed a three-year agreement to become the title sponsor of the ESPNU High School All-American Game debuting Saturday, Jan. 5, 2008 at Disney's Wide World of Sports Complex in Orlando, Fla. The newly titled Under Armour High School
ASG Inks Deal with ESPN’s X-Games
ESPN Consumer Products has signed a licensing agreement with California-based, American Sporting Goods Corp. to develop and launch the X Games Gear’s footwear line. The comprehensive footwear line will be managed, designed and developed through ASG’s Ext
Movement Skis Distributor Hires Angeles as Rockies Rep
Recreation Outfitters Inc., the Vancouver BC-based distributor of Movement Skis, hired Jim Angeles as Rocky Mountain Sales Representative for Movement. Angeles comes to Movement having spent 7 years as a sales associate with Salomon Sports in Colorado. He
Trips for Kids to Host 20th Anniversary Auction
Trips for Kids celebrates 20 years of empowering youth with a dinner auction from 6:00 p.m. to 9:30 p.m. on November 3, 2007, at the Mill Valley Community Center in Marin, California. The limited live auction portion of the event is expected to draw both