Posted by Thomas J. Ryan | June 5, 2007 | Footwear, Footwear Retailer, Uncategorized, Update
Everlast Worldwide Inc. said that it will be required to pay Hidary Group a $3 million termination fee under certain circumstances if it ends a merger agreement between the companies during the current "go shop" period, according to a filing with the Secu (Read More)
Posted by Thomas J. Ryan | June 5, 2007 | Footwear, Footwear Supplier, Footwear Vendor, Uncategorized, Update
Sport Chalet, Inc. reported net income declined to $881,000, or 6 cents a share, from $1.6 million, or 12 cents, a year ago, reflecting a weak California snowfall. Sales in the period ended April 1 increased 9.1% to $97.8 million from $89.7 million, with (Read More)
Posted by Thomas J. Ryan | June 5, 2007 | Footwear, Footwear Retailer, Uncategorized, Update
USA Hockey announced that Reebok-CCM Hockey, a long-time partner of the organization, has agreed to a multi-year deal that will keep the company as an official equipment supplier of USA Hockey and USA Hockey InLine... (Read More)
Posted by Thomas J. Ryan | June 4, 2007 | Outdoor, Outdoor Financial, Uncategorized, XX BOSS, XX SEW
WYNIT, Inc., the distributor of consumer electronics for the outdoor enthusiast, and Olympus Imaging America Inc., announced details for the second annual OR Summer Show Photo Contest, “Spirit of the Great Outdoors.” WYNIT and Olympus are sponsoring the c (Read More)
Posted by Thomas J. Ryan | June 4, 2007 | Outdoor, Outdoor Trade, XX BOSS
Alain Mazer, who was most recently vice president and director of global marketing at Hot Tuna (International), has joined Pacific Sunwear of California as marketing director of the Demo stores division... (Read More)
Posted by Thomas J. Ryan | June 4, 2007 | Outdoor, Outdoor Trade, XX BOSS
An investment firm with a 2.3 percent stake in Everlast Worldwide Inc. said Monday it will vote against last week's $146 million buyout offer for the boxing equipment maker because it believes the price is too low... (Read More)
Posted by Thomas J. Ryan | June 4, 2007 | Footwear, Footwear People, Uncategorized, Update
Payless ShoeSource has signed a deal with fashion designer Stacey Bendet, mastermind behind the alice + olivia designer label, to create the alice + olivia for Payless collection, Bendet's first-ever footwear collection. The line will be exclusively (Read More)
Posted by Thomas J. Ryan | May 31, 2007 | Uncategorized, Update
Feelfree said it has unveiled a new business distribution strategy focused on the outdoor specialty retail channel. As part of the move, Ebotdirect, LLC of Shakopee, MN, which pioneered launching the Feelfree brand through the eBay auction marketplace, ha (Read More)
Posted by Thomas J. Ryan | May 30, 2007 | Outdoor, Outdoor People, Uncategorized, Update
Old Spice has signed on as the presenting sponsor of this year's AND 1 Mix Tape Tour, the street basketball entertainment tour featuring the world's best playground players. Old Spice will have a prominent presence in the AND 1 Mix Tape Tour� (Read More)
Posted by Thomas J. Ryan | May 30, 2007 | Footwear, Footwear People, Uncategorized, Update
HO Sports company, Inc. announced the launch of a Hyperlite apparel line for 2007. In partnership with the S-Group, a design, development and sourcing house out of Portland, OR, Hyperlite introduced a men’s and women’s product line consisting of board sho (Read More)
Posted by Thomas J. Ryan | May 30, 2007 | Uncategorized, Update
Rocky Brands, Inc. has concluded a private placement of $40 million in fixed rate Senior Notes with Laminar Direct Capital and Whitebox Advisors. Proceeds were used to repay all outstanding amounts under its existing term loans, including a $15 million te (Read More)
Posted by Thomas J. Ryan | May 28, 2007 | Footwear, Footwear Financial, Uncategorized, Update
Payless ShoeSource CEO Matt Rubel last week referred to the question about his intentions for the Stride Rite family of brands as “getting the elephant out on the table,” moving quickly to dispel any speculation about Saucony, Stride Rite, Keds, Sperry To (Read More)
Posted by Thomas J. Ryan | May 28, 2007 | Uncategorized, Update
Brown Shoe Co. had a bit of a tough first quarter as revenues slid slightly overall, but the results were much different at its Famous Footwear concept, where sales and comps both increased, but were well outpaced by gains in operating profit... (Read More)
Posted by Thomas J. Ryan | May 28, 2007 | Footwear, Footwear Financial, Uncategorized, Update
Mizuno Corp. reported that consolidated net sales increased 6.2% for the fiscal year ending March 31, 2006 to ¥161.70 billion ($1.38 bn) from ¥152.29 billion ($1.35 bn) last year. Operating income for the year increased 11.0% to ¥6.90 billion ($59.1 mm) f (Read More)
Posted by Thomas J. Ryan | May 28, 2007 | Sports/Fitness, Sports/Fitness Supplier, Sports/Fitness Vendor, Uncategorized, Update
After reports surfaced that Skechers, Inc. was in discussions with a private equity firm to be acquired and taken private, Skechers CEO Robert Greenberg released a letter to the company's employees... (Read More)
Posted by Thomas J. Ryan | May 28, 2007 | Sports/Fitness, Sports/Fitness Supplier, Sports/Fitness Vendor, Uncategorized, Update
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 (Read More)
Posted by Thomas J. Ryan | May 28, 2007 | Sports/Fitness, Sports/Fitness Supplier, Sports/Fitness Vendor, Uncategorized, Update
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 (Read More)
Posted by Thomas J. Ryan | May 28, 2007 | Footwear, Footwear Supplier, Footwear Vendor, Sports/Fitness, Sports/Fitness Supplier, Sports/Fitness Vendor, Uncategorized, Update
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 (Read More)
Posted by Thomas J. Ryan | May 28, 2007 | Apparel, Apparel Retailer, Footwear, Footwear Retailer, Outdoor, Outdoor Retailer, Uncategorized, Update
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”... (Read More)
Posted by Thomas J. Ryan | May 28, 2007 | Apparel, Apparel Supplier, Apparel Vendor, Footwear, Footwear Supplier, Footwear Vendor, Sports/Fitness, Sports/Fitness Supplier, Sports/Fitness Vendor, Uncategorized, Update
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 (Read More)
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