Total Apparel Group, Inc., a master distributor and licensee of international trademarks in the branded apparel, footwear and accessories sectors, entered into a receivables factoring agreement with Coral Capital Solutions that will expedite the cash flow
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Billabong to Acquire Swell.com
Billabong International Limited announced it has entered into a conditional agreement to acquire the United States-based online boardsports retailer Swell.com (Swell). Swell, founded in 1999, is a online retailer in the US boardsport sector and sells many
Brown Shoe’s Earnings Rise, Famous Footwear’s Comps Up 4.7%
Brown Shoe Co. reported net sales decreased 1% in the third quarter to $625.6 million from $631.7 million a year ago. Same-store sales for Famous Footwear increased 4.7% during the quarter and Specialty Retail same-store sales increased 4.1%…
NanoHorizons Opens New Headquarters
NanoHorizons Inc., the provider of nanosilver antimicrobial solutions marketed under the SmartSilver brand, has consolidated its corporate offices, manufacturing operations, and laboratories into a new facility located in Bellefonte, PA…
Genesco’s Q3 Profits Climb 28%; Comps Dip 2%
Genesco Inc. reported earnings from continuing operations for the third quarter ended Oct. 31, 2009 of $11.5 million, or 50 cents per diluted share, up 27.8% from the $9.0 million, or 43 cents, reported a year ago. Sales of $390 million were essentially
ComScore Forecasts 3% Growth in Holiday Online Spending
ComScore reported e-commerce spending for the first 22 days of the November – December 2009 holiday season were $8.21 billion, marking a 2% increase versus the corresponding days last year…
Smith Optics Named Utah Manufacturer of the Year
Smith Optics was named by Manufacturing Extension Partnership (MEP) as Utah’s Manufacturer of the Year for Innovation and Technology Commercialization…
Adidas Urged to Keep NBA Uniform Production in USA
Sen. Charles Schumer (D-N.Y.) urged adidas AG to maintain its NBA jersey production at American Classic Outfitters Inc. in Perry, NY, rather than ship the work overseas. Adidas had previously notified its U.S-based manufacturers — including American Class
Easton-Bell Sports Sells $350 MM in Notes
Easton-Bell Sports Inc on Friday sold $350 million of senior secured notes in the 144a private placement market. The size of the deal was increased from an originally planned $325 million…
NSGA Study: Female Fitness Participation Grows
Among the 39 sports surveyed by the National Sporting Goods Association (NSGA), exercise walking, swimming and exercising with equipment attracted the greatest number of female participants seven years of age and older in 2008, according to data in the As
Cleveland Golf Names Product Manager for Women’s/Juniors
Cleveland Golf/Srixon said Jilayne Lovejoy has been promoted to the position of product manager for the Women’s & Junior categories. Lovejoy, who began her career at Cleveland Golf as an intern in the marketing department, has also served as a buyer
Gibbon Slacklines Expands North American Sales Force
Gibbon Slacklines, manufacturer of slackline kits distributed exclusively by Canaima Outdoors in North America, announced the support of four new sales agencies covering twenty states in the United States as well as British Columbia, the Yukon and Ontario
Spyder Names Resort Uniform Sales Representative
Spyder Active Sports added Jeff Burkley to its sales teams to focus on strengthening and servicing Spyder’s uniform program as Resort Uniform Sales Representative. While the majority of his time will be spent in North America, he will oversee global
Gregory Packs Adds New Designer to RandD Team
Gregory Mountain Products added a new product designer to its research and design division. John McGuire joins the Gregory team with experience in the outdoor backpack, commuter/lifestyle and travel bag categories…
IPATH Names Director of Marketing
IPATH, the skate footwear brand owned by Timberland Inc., appointed Craig Metzger as its new director of marketing. Metzger brings to IPATH more than fifteen years experience in the action sports industry, including work in brand management, marketing and
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