New Era Cap Company Inc. has promoted Tony Swaffield to Director of Brand Protection in an effort to combat counterfeiting of its products on a global scale. With his new position, Swaffield, whose experience in both the public and private enforcement fie
Author: SGB Media
Thule Closes Case Logic Acquisition
Thule has closed the Case Logic acquisition after approval of relevant anti-trust authorities. The transaction was originally announced on April 30th, 2007…
NSGA Management Conference Sees Strong Turn-Out
With nearly 450 sporting goods industry leaders in attendance, the 43rd Annual NSGA Management Conference and 9th Annual Team Dealer Summit – held at the Hyatt Regency Coconut Point Resort & Spa in Bonita Springs, Fla. – was described by many attendees as
adidas Supports ‘Right to Play’ with New Philanthropic Program
International humanitarian organization, Right To Play and adidas have joined forces to bring the positive impact of sport and play to children in disadvantaged communities around the world. The centerpiece of the program is a limited edition mini red bal
Everlast Shareholder Believes $26.50 Per Share Offer is Under Priced
Aquamarine Capital, an Everlast shareholder, believes buyout of Everlast at $26.50 is under-priced and the fair value of the company is in excess of $50 per share. Everlast Worldwide Inc. announced an agreement to be acquired by The Hidary Group for $26.5
prAna Launches New Merchandising Contest
prAna is launching a new merchandising program to encourage retailers to design and build prAna-themed environments in their stores. This focus on merchandising is intended to maximize sales on the retail level, highlight best merchandising practices and
Sugoi Opens New DC In Europe
Less than a year after opening a United States distribution center in Bedford, Connecticut, Vancouver, B.C-based Sugoi Performance Apparel has announced plans to open a distribution facility in Oldenzaal, Netherlands…
Scott Sible Promoted to President of Merrell
Wolverine World Wide promoted Scott B. Sible to the position of president, Merrell. In this new capacity, Sible will continue reporting to Jacques Lavertue, president of the Outdoor Group of Wolverine World Wide…
Thule Sold to Private Equity Group
Nordic Capital Fund VI has signed an agreement to acquire the Thule Group from Candover. Thule's current pro forma revenues are SEK6.6 billion (€721 million; $937 million) including recent acquisitions…
Forzani Denies Private Equity Buyout Rumors
In response to recent reports in other publications stating that the Forzani group is about to be acquired by certain private equity firms, the company announced that it is not currently in discussions with an potential suitors…
Nike Sets New Corporate Social Responsibility Goals
NIKE, Inc. announced a series of business targets for 2011 that more deeply integrate corporate responsibility goals into the company’s long-term growth and innovation business strategies. The targets set benchmarks to improve labor conditions in contract
Ocean Kayak and Necky Kayaks Continue to Support BCF
Ocean Kayak and Necky Kayaks, made their latest contribution in the fight against breast cancer, a quarterly donation of $8,655 to the Breast Cancer Fund. Ocean Kayak donates one percent of gross sales from their Venus 10 and Venus 11 kayaks, while Necky
Genesco Q1 Earnings Fall on Slow Urban Market
Genesco Inc. first quarter earnings before discontinued operations were $2.2 million, or 10 cents per diluted share. For the quarter ended April 29, 2006, earnings before discontinued operations were $10.7 million, or 41 cents per diluted share. Net sales
Genesco Explores Strategic Alternatives; Rejects Second Foot Locker Bid
Genesco's Board of Directors has authorized the company and its advisers to explore strategic alternatives which maximize shareholder value, including a possible sale of the company. The company also received a conditional proposal from Foot Locker t
Foot Locker Abandons Pursuit of Genesco
Foot Locker, Inc. confirmed that it had made a proposal to Genesco Inc. to acquire all of the outstanding common stock of Genesco for $51 per share. In light of Genesco's public release on Thursday, Foot Locker announced that it was no longer pursuin
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