Perry Ellis International, Inc. reported Q1 revenues surged 50% in swimwear and 110% in action sports. In swim, strong performances came from Nike, Perry Ellis and JAG, a new license signed last year. In action sports, both Redsand and Gotcha brands led t
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
O’Neill Family Sells Marks…
The O'Neill family sold the international rights to its O'Neill apparel trademarks to Logo International B.V., a European fashion group. The deal, which is actually comprised of two separate transactions, gives Logo International B.V. the rights
MLB, MLBPA Extend Agreements with VF Imagewear…
Following its acquisition of Majestic Athletic in February, VF Imagewear, Inc. extended its strategic licensing agreements with both Major League Baseball Properties and the Major League Baseball Players Association. Specifically, the agreements cover aut
Nike to Once Again Produce Soccer Balls in Pakistan…
Just over six months ago, SEW reported that Nike, Inc. had decreased production of hand stitched soccer balls at the Saga Sports factory in Sialkot, Pakistan due to “significant labor compliance violations”…
Edwin Watts Acquired by Sun Capital Affiliate…
An affiliate of Sun Capital Partners, Inc. has acquired Edwin Watts Golf Shops, LLC. Headquartered in Fort Walton Beach, FL, Edwin Watts Golf is a multi-channel retailer of golf equipment, apparel, and accessories through 66 retail stores, in ten southern
Ashworth Finds New President in Former Employee…
Ashworth, Inc. announced a series of personnel moves late last week as well as the elimination of several staff positions as the company looks to reduce costs and streamline operations. In total, 16 staff positions were cut, while a new president was name
Controlling the Game Acquires Fila’s Verdero…
Controlling the Game (CTG), a manufacturer of baseball and softball equipment, has acquired Verdero, a professional-grade baseball footwear and apparel division of FILA…
Puma Board Gives PPR Offer the Thumbs Up…
After SAPARDIS S.A., a subsidiary of PPR S.A., made its offer last week to acquire the remaining shares of PUMA AG for €330.00 per share, the industry was left waiting to hear PUMA's position on the offer. Early Thursday, the Board of Management and
Bottom Line Gains Outpace Sales for Zumiez Q1…
Zumiez Inc. once again saw positive comparable store results come out of each of its merchandise divisions in the first quarter, with Men’s again leading the way. The retailer saw overall quarterly comp store sales jump in the double-digits on top of doub
Orange 21 Sees Flat Q1, but Loss Widens…
Orange 21 struggled through the first quarter with essentially flat sales and income in spite of better margins and lower R&D expenses. Management said that this flat performance was expected as they work to reposition the brand and build demand for their
OIA Lobbying Helps Secure Recreation Funding…
Under the leadership of Congressman Norm Dicks (D-WA), the House Interior Appropriations sub-committee provided $50 million in funding for the Land and Water Conservation State Assistance program…
Bluesign Offers Starting Point for Sustainable Benchmarks…
Lately the outdoor industry has been buzzing about implementing a new social and environmental sustainability standardization process so that consumers will know and understand what “sustainable” really means. While part of this effort is simply to preven
Under Armour to Open Full-Price Store in Annapolis
Under Armour will open its first full-priced retail store at Westfield Annapolis Mall this fall. The company disclosed this month it would be opening a full-price concept store but didn't disclose the location. The 4,500-square-foot store is slated
Reebok Launches Human Rights Program
Reebok International Ltd. kicked off a program to help students get more engaged in human rights issues. The Reebok 4 Real Human Rights Student Advocate Program, an evolution of the Reebok Human Rights Award Program, aims to provide opportunities for stud
Controlling the Game (CTG) Acquires Fila’s Verdero Division
Controlling the Game (CTG), a Bronx-based baseball equipment company, last month acquired Verdero, the professional-grade baseball footwear and apparel division of FILA. The company plans to rename its products: Verdero, Controlling the Game. Terms of de