VF Corporation has signed a definitive agreement to sell its global intimate apparel business to Fruit of the Loom, Inc., a subsidiary of Berkshire Hathaway, Inc. for $350 million in cash. The agreement is subject to government approvals and customary clo
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
NRF: Half of Gift Cards Not Yet Cashed In…
According to an NRF survey, conducted by BIGresearch, shoppers said they had spent less than half of the value of their gift cards (37.3% on average) by the second week in January. Though gift cards were expected to be a common holiday gift, they were ev
The PGA Show Demonstrates the New Faces of Golf…
The golf industry is in flux with an infusion of new technologies, aesthetics, and styles creating a series of dichotomies in the marketplace. Apparel vendors are offering multiple lines with one focused on the technical and the other on the traditional.
Antigua Licenses Slazenger Name for Apparel…
The Antigua Group, Inc. signed a license agreement to design and distribute apparel and accessories under the Slazenger brand in the United States and Canada. The agreement calls for distribution in the Green Grass and upscale corporate segments of the in
Ashworth Returns to Namesake Brand…
Ashworth, Inc. will see the return of its founder, John Ashworth, as a consultant on all aspects of Ashworth brand development…
NGF: More Courses Close Than Open in 2006
The National Golf Foundation reports that there was negative net growth in golf facilities in 2006 for the first time in six decades. According to the NGF 146 18-hole equivalent courses closed during the year, well above the 119.5 courses that opened. The
SIA.07 Shrugs Off Weather to Host Upbeat Show…
With frighteningly warm weather impacting the entire east coast and a very late start to the season in California, SIA.07 could have been a depressing event. However, nothing could be further from the truth. Vendors, one after another, expressed their sur
ASR Show Sees Urban Offset Mountain…
This show was not as well attended as in previous years. There however does not seem to be a slowdown in business in the Skate/Surf space. The overlap of the SIA.07 show and the Outdoor Retailer Winter Market likely pulled winter sports merchants elsewher
Head NV Sees Regional Shift in Wintersports Growth…
Despite a slowdown in sporting equipment sales, Head NV said that customer loyalty has enabled them to drive growth.
Head reported increases in all its product groups with a total of 601,000 pairs of alpine skis sold in 2006, up 5% on 2005; a 4% increase
Black Diamond Wins REI Vendor of the Year…
During an awards ceremony at the 2007 OR Winter Market, REI honored Black Diamond as their 2007 Vendor of the Year, citing the company’s innovation in new climbing equipment testing standards as well as their products. The camp/travel division winner was
SIA.07 Show Sees Resilient Energy…
With frighteningly warm weather impacting the entire east coast and a very late start to the season in California, SIA.07 could have been a depressing event, but the market in attendance appeared to shrug off the issue and drive pretty positive energy on
Commodity Prices Hurt Unifi’s Q2
Unifi experienced a significant decline in commodity-based, partially oriented yarn (POY) during the company’s fiscal second quarter, which ended in December. These lower volumes in September and October were caused by higher commodity prices, which slowe
Black Diamond Wins REI Vendor of the Year…
During an awards ceremony at the 2007 OR Winter Market, REI honored Black Diamond as their 2007 Vendor of the Year, citing the company’s innovation in new climbing equipment testing standards as well as their products. The annual awards program, establish
Mooers to Step Down from OllyDog Post
Following the sale of his controlling interest in the company, Mike Mooers, founder and president of OllyDog, will step down and assume a less active role. Current Vice President, Trudy Hutton, will become the new president. The change will be in effect b
Johnson Outdoors Sees Q1 Loss Widen Sharply
Johnson Outdoors Inc. reported a 1% decrease in net sales for the fiscal first quarter to $71.7 million from $72.6 million in the prior year quarter. The company's net loss widened for the quarter to $2.1 million or 23 cents per diluted share from a
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