Hanesbrands Inc. will close nine plant in four countries and reduce worldwide management and administrative jobs as part of a multiyear effort the company began when it was spun off as an independent company in September 2006 to consolidate manufacturing
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
ForeFront Holdings CEO Departs
ForeFront Holdings, Inc.'s CEO Michael S. Hedge has resigned, effective June 25, 2007. Hege also has left his position as a member of the company’s Board of Directors.
Richard M. Gozia, the company’s chairman, has assumed the role of interim CEO with
Timberland Sees Q1 Income Drop on Restructuring Costs
The Timberland Company recorded first-quarter net income of $9.3 million, down 64.5% from $26.1 million in the year-ago quarter. Diluted earnings per share were 15 cents, after 40 cents last year. Net revenue decreased 3.9% for the quarter to $336.3 milli
ProLink Names New CEO for Media Division
ProLink Solutions, a provider of Global Positioning Satellite golf-course management systems and on-course advertising, named Andy Batkin as CEO of its ProLink Media division. Batkin comes to ProLink from Innovative Media Solutions, LLC, where he was also
SIA Highlights Top Snow Sports States
According to SIA, more snow sports equipment sold in Texas than in 46 other states with $106 million in retail sales for the 2006/2007 season. California, Colorado, New York and New Jersey rounded out the top five states in total snow sports retail receip
Luxottica Acquires Oakley in $2.1 Billion Deal…
In the second of two multi-billion dollar deals to hit the sporting goods industry this week (the first being the Finish Line-Genesco acquisition at $1.5 billion), the Luxottica Group will acquire Oakley for roughly $2.1 billion, or $29.30 per share. This
SGMA: Congress Continues PEP Support…
The U.S. Department of Education has awarded $44.5 million for 146 new PEP grants to schools and community-based organizations in 39 states, according to the SGMA. The balance of the PEP grant funds – roughly $28.5 million – is being distributed to existi
BOB Trailers Files Complaint Against Baby Jogger…
BOB Trailers, Inc. has filed a complaint against Baby Jogger for Trade Dress infringement. The suit was filed on June 14, 2007 in Idaho District Court. The complaint alleges that Baby Jogger made a conscious choice to develop their ATS stroller (right) to
Guest Editorial: The Future We Make…
There is a disturbance in the outdoor space. A fissure to some, but more likely, it’s nothing more than an inevitable ripple of the widespread and contagious greening of the industry. It’s a result of folks connecting the dots to figure out what all this
Yue Yuen Sees Balanced Growth Across Most Business Segments…
Yue Yuen Industrial Ltd, which manufactures footwear for many major athletic brands, saw its biggest growth come in its casual/outdoor footwear and sports sandals categories in its second quarter ended March 31. Overall Q2 revenues rose 11.9% to $944.5 mi
Joe’s Names Rep and Vendor of the Year
Joe’s Sports & Outdoor named manufacturer’s representative Scott Sims of HO Sports/Hyperlite as the company’s 2007 Manufacturer’s Representative of the Year and Columbia Sportswear of Portland, Oregon as its 2007 Vendor of the Year…
Don’t Take My Bat Away’ Launches New Jersey Chapter
As the New Jersey Legislature considers legislation to ban the use of aluminum bats in baseball games from Little League to high school, a group of New Jersey residents is fighting back. The nation’s first chapter of the newly-formed “Don’t Take My Bat Aw
Teva Mountain Games Generate $4.6 Million
Organizers of the Teva Mountain Games released the results of an economic impact study conducted during the event, concluding that the five-day festival generated over $4.6 million in incremental revenue for the local economy. The sixth annual Teva Mounta
NGF Names VP in Charge of Business Development
NGF has named Gregory T.A. Nathan as vice president, with responsibility for business development within the consulting and research divisions. He will work with current and prospective clients, helping them to grow their businesses by leveraging NGF’s re
Globe Sells World Industries to i.e. distribution
Globe International has entered into an agreement for the sale of the World Industries brand to i.e. distribution, based in Newport Beach, CA. Completion of the transaction occurred on June 25, 2007, with the final consideration of $8 million expected to
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