Author: Teresa Hartford

Spiegel, the bankrupt parent company to Eddie Bauer, has filed a reorganization plan with the U.S. Bankruptcy Court that would give the company’s unsecured creditors, excluding Spiegel Holdings, Inc. and its affiliates, approximately 90% of their claims t

Heavy markdowns and close-out sales boosted revenues at Sport-Haley by 5.0% to $5.0 million during the company’s second fiscal quarter, compared to $4.8 million last year. Gross profit margin fell nearly 30 full percentage points to 9.2% of sales compared

Athletic footwear and apparel industry veteran Chuck Eggers is forming a team to enable 20 Athlete’s Foot stores to rise from the ashes of the former parent company’s bankruptcy. Eggers, who was most recently EVP/GMM for The Athlete’s Foot, LLC prior to t

Globe International revenues improved 20% over the year-ago period to A$108.5 million ($79.6 mm) for the first half. Australian and New Zealand revenues rose 12.4% to A$61.7 million ($45.3 mm); and European revenues rose 60.9% to A$10.3 million ($7.6 mm).

Pacific Brands group, the Australian licensee of Dunlop, Everlast, and Hush Puppies, reported first half net profit was A$54.1 million ($39.7 mm), rising 35.6% over last year. This jump has resulted in EPS of A10.8 cents (7.9 cents)…

Cressi-sub S.p.A., of Genoa, Italy has recalled approximately 1,000 Cressi-sub Buoyancy Compensators because a slow leak from the shoulder exhaust caused by expansion of the internal cable housing could result in slow deflation. This could impact the dive

Head USA has recalled about 181 SCUBA diving computers. The recall includes the ‘Dacor Darwin Air dive’ computer with serial numbers 3265 through 3415, and the ‘Dacor Darwin Console dive’ computer with serial numbers 8503 through 8592. The computers were

Cannondale Bicycle Corp. has announced the recall of roughly 1,480 ‘1-X’ bicycle suspension seat posts that were installed on various 2005 model year Cannondale brand bicycles. The recall involves Lee Chi model 1-X bicycle suspension seat posts. Lee Chi i