Gildan Activewear has been reinstated by the Fair Labor
Association (FLA) as a Participating Company in good standing. The resolution was approved unanimously by the Board of the FLA. This decision reflects Gildan's commitment to fully comply with th
Author: SGB Media
Malden Appoints New COO
Michael Spillane, Malden Mills Industries Chief Executive Officer announced that Andrew Vecchione has been named as the Chief Operating Officer for the company. Vecchione, the former COO for Remcon Plastics, begins work at Malden Mills immediately. In his
Kelty Hires Two New England Reps
Kelty has hired Rob Walker and Greg Henderson as primary sales representatives in the New England region. Walker will handle northern New England from his base in North Conway, NH. Henderson will cover the southern region from Old Lyme, Conn. Both bring
Kiva Inks Licensing Deal with Rick Steves
Kiva Designs announced its expanded relationship with Rick Steves, America's best selling travel author and host of public television's “Rick Steves' Europe”. The exclusive vendor of Rick's travel bags for the past several years, KIVA
Kent Fried Joins Atomic SBU
Atomic Ski proudly announces the addition of Kent Fried to its Small Business Unit (SBU). Fried replaces Taras Popel as Territory Business Manager. Fried joins a multi-faceted SBU team that focuses on providing stronger staff training, better inventory ma
Third Quarter Retail Results Shine Once Again…
Retail sector profit growth again outpaced sales growth in the retail third quarter, but slowed substantially from the outstanding numbers posted in the second quarter. Acquisitions and the accompanying integration expenses had much less of a negative im
G-III Pares Guidance as Q3 Sales, Profits Decline…
G-III Apparel Group continued its decline due primarily to waning fashion licensed apparel sales, reporting that net sales for its fiscal second quarter ended October 31 declined 8.4% to $114.9 million, compared to $125.5 million in the year-ago quarter.
Athletics Keeps DSW Q3 Sales Positive…
DSW Shoe Warehouse was again the shining star for parent Retail Ventures, Inc. as third quarter net sales at the rapidly-growing family footwear chain increased 18.6% to $255.8 million from $215.8 million in Q3 last year, due primarily to a 30-store incre
Huffy Corp. Completes Auction of Action Sports Brands…
Huffy Corporation completed the auction of its snowboard and other action sports businesses on Friday, with the initial stalking horse bidders emerging as the winners in the sale…
Cutter and Buck Close on CEO; Q2 Net Up…
While continuing the search for a new CEO, interim Cutter & Buck CEO Bill Swint and his team managed to turn a 2.3% top-line sales increase into a 38.1% boost to the bottom line for the second quarter of fiscal 2005. The company focused on profitable sale
Rocky Shoes and Boots in ‘Watershed’ Deal with EJ Footwear Acquisition…
In a deal that has been in the making for several months, Rocky Shoes & Boots will acquire EJ Footwear for $87.7 million in cash plus 484,261 shares of RCKY common stock, which were valued at $10 million at the date of the definitive agreement…
SIA: Chain Stores Prices Jump and Free-Style Launches into the Stratosphere…
The SnowSports Industry launched into the 2004-05 season with solid pre-season sales fueled by good snowfall in the western states, particularly the Sierra. According to the SIA and The Leisure Trends Group, total industry sales increased 3.0% to $323.3 m
The Athlete’s Foot Settles Back into Original Model; Will Shutter Corporate Stores…
As Sports Executive Weekly speculated earlier last week, The Athlete's Foot on Thursday filed for Chapter 11 bankruptcy protection less than one year after a management team led by CEO Bob Corliss acquired the athletic specialty retailer from former
SIA Retail Audit Sees Higher ASP at Chain Stores…
The SnowSports Industry launched into the 2004-05 season with solid pre-season sales fueled by good snowfall in the western states, particularly the Sierra. According to the SIA and The Leisure Trends Group, total industry sales increased 3.0% to $323.3 m
Malden Union Inks Three-Year Contract Deal…
After rejecting Malden Mills “best and final” contract offer last week, the UNITE HERE workers union has voted to accept a new three year contract. The union, which represents roughly 70% of Malden’s workforce, threatened to strike last week because membe