Orage Names Director of U.S. Sales

Orage has expanded its sales department appointing Beth Steele as the new director of U.S. sales. Steele's extensive sales experience makes her well equipped to meet the needs of Orage and its parent company, Coalision who recently expanded their U.S

CW-X Taps Retail Parnters in Mexico and the UK

The Wacoal Sports Science Corporation (WSSC), makers of CW-X® Conditioning Wear, have appointed exclusive retailers in Deportes Marti Mexico and Snow and Rock Sports in the United Kingdom, making the brand available in those countries for the first time.

Gildan to Acquire Prewett Socks…

Gildan Activewear Inc. has entered into an agreement to purchase 100% of the capital stock of V.I. Prewett & Son, Inc. in the process announcing that it expects the acquisition to help the company achieve the high end of its EPS guidance for fiscal 2008.

Sport Chalet Expects Comps Decline in Fiscal Q2…

Sport Chalet said that macro economic trends – most likely spurred by California’s slumping housing market – are impacting sales during the fiscal second quarter. This factor coupled with the company’s aggressive growth plans and market share turf war wit

adidas Becomes Tier One Sponsor of London Games…

Late last week, adidas confirmed that it will become the official sportswear sponsor of the 2012 Olympics in London after reports surfaced earlier in the week that the company would partner with the Games in a deal valued at approximately £100 million ($2

Cocona Receives Capital Infusion…

Cocona Inc. received a “major capital investment” from Fairhaven Capital. Sources at both Cocona Inc. and Fairhaven declined to disclose the exact investment amount. Fairhaven is an early stage private equity investment firm that has historically pursued

Second Quarter Hardgoods Market Buoyed By Golf…

In the second quarter, the hardgoods market was, not surprisingly, dominated by the golf companies, whose strong results masked relatively poor performances from the snow sports and fitness vendors. Overall, the hardgoods market saw second quarter sales i

Andre Agassi Sues Target Corp…

Former professional tennis player Andre Agassi has sued Target Corp., alleging that the retailer illegally used his name on more than 52,500 pairs of “Agassi” sandals sold at its stores nationwide and through Internet retailer Amazon.com. The sandals are

NRF: Holiday Sales Growth to Be Below Ten-Year Average…

The National Retail Federation reported that it anticipates holiday sales to increase by 4.0% to $474.5 billion for the 2007 season. However, with a growth rate of only 4.0%, this year’s sales increase will be below the ten-year average of 4.8% and would

Sun Capital Offers $21 Per Share for Kellwood…

The Kellwood Company received an unsolicited letter from Sun Capital Securities Group offering to acquire all of the company's outstanding shares at a price of $21 in cash per share. In the week prior to this offer, KWD shares had been trading in the

CA Legislature Gives Okay to Roo Shoes…

In July, the California State Supreme Court sided with animal rights group, Viva! International Voice of Animals in a lawsuit against adidas over the sale of kangaroo leather shoes within the state. After the decision, which the Court seemed to make more

Orange 21 and No Fear Drop Retail Talks…

In July, Orange 21, Inc. entered into discussions with No Fear to acquire its retail subsidiary, No Fear Retail Stores, Inc. as part of a strategic expansion. More recently, Orange 21’s independent special committee of its board of directors concluded tha

Ecko to Let Public Decide Bonds’ Ball Fate…

Marc Ecko created waves in the baseball memorabilia market when he acquired Barry Bonds' 756th home run ball for $752,467 last week. Shortly after he bought the ball, he announced plans to allow the public to determine its fate. Through a website he