Trek Bicycle Corp. is recalling approximately 49,000 girls bicycles, because the bike frames may break while in use. Trek has received 13 reports of frames breaking, including four minor injuries. The recalled product is the Trek MT220 girls bicycles mode
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Magic Now a Three-Day Show…
Magic International has cut back its tradeshow format to a three-day event from its past four-day length. The change in structure came about as a result of both exhibitor and visitor requests. Magic, WWDMagic, Magic Kids and Sourcing at Magic are all affe
Outdoor Coalition Leads VF Corp. to Fifth Consecutive Year of Record Results…
What economic slow down? That might as well be the slogan at VFC Corp., which broke the $7 billion barrier in 2007 and reported its fifth consecutive year of record results. At a time when many apparel companies are backpedaling, VFC surpassed its own bul
Deals are Flowing as Valuations Come Down…
It was a busy and a good week for the outdoor industry with five acquisitions, including two that could help restore the luster of authentic brands hindered in recent years by botched acquisitions. Five deals were done in total and four appear to be legit
Co-Founders Buy Back prAna…
The week's second high-profile deal involved Beaver Theodosakis and his co-founders taking back prAna from Liz Claiborne with help from PE firm Steelpoint Capital Partners in a management led leveraged buyout. prAna was acquired by Liz for $34.4 mil
Co-Founders Buy Back prAna…
The week's second high-profile deal involved Beaver Theodosakis and his co-founders taking back prAna from Liz Claiborne with help from PE firm Steelpoint Capital Partners in a management led leveraged buyout. prAna was acquired by Liz for $34.4 mil
Clock Ticking for Kellwood Shareholders…
Kellwood Company entered into a merger agreement with Sun Capital providing for a prompt merger if Sun Capital's tender offer is successful on February 12. The KWD Board of Directors is now recommending that stockholders tender their shares into the
REI Comps Sales Growth Tops 8% Again…
Recreational Equipment, Inc. reported numbers public companies would die for. The giant Seattle outdoor retailer said sales grew 13.5% to $1.3 billion in fiscal year 2007. REI’s comp store sales grew 8.2%, marking three consecutive years of 8% or higher g
Cloudveil Caught in a Spyder’s Web…
The industry's other big deal of the week was Spyder Active Sports, Inc.'s acquisition of Cloudveil Mountain Works, Inc. Although it is essentially a transaction between two private equity firms, Cloudveil VP, co-founder and product designer Ste
Zumiez Sees Comps Rise 1.7%…
Zumiez reported comp store sales increased 1.7% for the four-week period on top of a 12.4% gain for the comp period last year. Total net sales for fiscal January decreased 11.7% to $20.7 million from $23.4 million in the five-week 2006 month…
But West 49 Hurt by Weak Dollar…
West 49 Inc., an action sports retailer in Canada, reported that fourth quarter net sales increased 0.8% to CA$62.4 million ($63.1 mm) from CA$61.9 million ($53.8 mm) for the fourth quarter of fiscal 2007…
Snow Sports Apparel to See Colors Explode for Next Season…
The softgoods market at SIA.08 saw an explosion of color as the 80’s retro wave begins to likely reach its crest. Bits and pieces of flannel and grunge-reminiscent looks that popped into single pieces in lines suggest that vendors are already beginning to
More from Softgoods on the Trade Show Circuit…
Holden founder and now co-owner Mike LeBlanc sat down with BOSS to talk over the major developments for his brand, namely, the end of the company’s relationship with K2 and new parent company, Jarden Corp. Previously, the Holden side of the business took
Riddell Fights Staph and MRSA Infections
Riddell has partnered with Indiana based Sports-O-Zone in the fight against staph and MRSA infections. The Sports-O-Zone patented sanitizing system uses ozone to attack and kill bacteria…
World Industries Partners with Dynasty Apparel for Youth Apparel
World Industries has partnered with apparel manufacturer Dynasty Apparel Industries to launch a young men's and boys apparel program. World Industries apparel will round out its existing business in skateboards, footwear, snow products and accessorie
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