Anvil Holdings, the parent company to Anvil Knitwear, has completed a financial restructuring of its capital structure that effectively eliminates approximately $200 million in debt and preferred stock in exchange for new equity and warrants. The company
Author: SGB Media
VF Corp. May be Moving Closer to Deal for Majestic…
VF Corp. is apparently inching closer to a deal to a acquire Majestic Athletic. While both parties have been mum about a deal since the story first surfaced in a Sports Business Journal article in December, a spokesperson for VF Corp. confirmed Friday tha
Delta Apparel Issues Warning on Q2 and Full Year Results…
Delta Apparel, Inc., which also presented at the ICR XChange, said it expects fiscal second quarter revenues to be approximately $72 million to $73 million, down from its prior guidance of $74 million to $78 million. Earnings are now expected to be in th
Brine Extends Sponsorship of Syracuse Men’s Lacrosse
Brine has signed an agreement with Syracuse Men's Lacrosse to continue a long-standing relationship as the team's official equipment supplier. Brine has provided the Syracuse Orange with lacrosse gear for the past twenty-five plus years…
Rab to Enter U.S. Market
Rab, a British manufacturer of technical mountaineering garments, gear and accessories, is entering the U.S. outdoor market in 2007. Rab was established by Rab Carrington in 1981, an alpinist, climber, and author of numerous first ascents around the world
Aravon Hires New Asst. Product Developer
Aravon announces the addition of Sarah Smith as Assistant Product Developer. Smith comes to the brand with a background in Textiles, Fashion Merchandising and Design. As Assistant Product Developer, Smith will contribute to the development and design of
Blademaster Inks Deal with USA Hockey
USA Hockey and Blademaster inked an agreement that will make Blademaster the exclusive supplier of ice hockey skate sharpening systems and inline skate servicing systems to USA Hockey until 2010…
OIA Chooses Award Finalists
Outdoor Industry Association has chosen the finalists for the 2007 Outdoor Industry Ambassador Award and Outdoor Industry Innovator Award, as nominated by the outdoor industry and then selected by OIA’s Board of Directors. The award winners will be announ
SIA Goes Green
At the upcoming SIA.07 SnowSports Trade Show, attendees will notice SIA stepping-up their environmentally friendly practices throughout the show and looking to SIA members to do the same at home and work. Realizing the importance of the environment on a
Forzani Holiday Comps Impacted By Warm Eastern Weather
The Forzani Group Ltd. Holiday Season corporate same store sales were up 0.5% as strong sales in Western Canada were offset by decreases in Eastern-based stores, which were impacted by unseasonably warm weather. In the franchise business, predominantly lo
Hat World Closes Hat Shack Acquisition
Genesco Inc.'s Hat World subsidiary has completed the acquisition of all the outstanding stock of Hat Shack, Inc. for a purchase price of $16.6 million, after preliminary closing adjustments anticipated in the purchase agreement, funded from cash on
Moretz Wins Under Armour Licensee of the Year Award
Moretz Sports has won the Under Armour 2006 Licensee of the Year award. This is the first such award for licensees from Under Armour, Inc. Moretz Sports manufactures performance socks for Under Armour. The announcement was made by John Moretz, CEO, Gol
Line Skis Hires New National Sales Manager
K2 Sports named Ben Wallace to the newly formed position of National Sales Manager for Line Skis. Category Manager for K2 Skis since 2002, Wallace is a lifelong skier and a 1999 graduate of the University of Oregon in business administration. He will be
Keen Footwear Launches Hybrid.Give
In 2004, KEEN was inspired to aid those affected by the Tsunami disaster by redirecting its advertising funds and establishing the KEEN FOUNDATION. Over the past 2 years the Foundation has grown and now supports a variety of environmental and social cause
Stride Rite Swings to Profitability in Q4 on 15% Sales Increase
The Stride Rite Corporation net sales for the fourth quarter of fiscal 2006 were $151.8 million, an increase of 15% compared to the same period in the prior year. Net income for the fourth quarter totaled $0.6 million or 2 cents per diluted share, compare
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