Adidas to Redeem Debt

Adidas AG said it reached an agreement with the holders of its 400 million euro ($599 million) convertible bond to swap their debt for shares. All of the bondholders exercised their conversion rights, Adidas said, which means the company will issue about

Berkshire Apparel Unit Sees Declines

Berkshire Hathaway reported sales in its Other Manufacturing segment, which includes Fruit of the Loom, Russell and Brooks Sports, slid 12.9% to $3.24 billion from $3.72 billion. Pre-tax earnings of the segment were $293 million, a decrease of $185 milli

Batters Up Schedules Annual Meeting

Batters Up USA will hold its annual meeting in conjunction with the American Baseball Coaches Association convention on Jan, 7-10 in Dallas at the Hilton Anatole Hotel…

Badger Sport Acquires Pro-Line to Enter Headwear Market

Badger Sport, of Statesville, NC, announced the purchase of Pro-Line Athletic, Fort Worth, TX. Terms were not disclosed. In a statement, Jerry Carr, president and owner of Badger Sport, said, “Pro-Line is a great fit for Badger Sport. It has been our goal

M.J. Soffe Looking to Add Capacity

M.J. Soffe is looking to increase capacity in screen printing following strong demand for its decorated products. In an interview with The Fay Observer in Fayetteville, NC, Soffe President Ken Spires said that “our sales guys really did a great job in get

OBIT: Tews Two Sportng Goods Edward Lemke

Edward E. “Jiffy Ed” Lemke, owner of Tews Two Sporting Goods hunt & fish store in Oshkosh, WI, passed away peacefully at his home on Nov. 6, 2009, according to The Post Crescent. He was 71…

Mountainsmith Hires Western Reps

Pacific Recreation Sales (PacRec), based out of Bakersfield, California, has been retained by Mountainsmith LLC to oversee sales and marketing efforts in California, Arizona, Nevada and Hawaii…

Rawlings Partners with Rogers Corp. for Shoulder Pads

Rawlings announced its partnership with Rogers Corporation, manufacturer of PORON XRD Extreme Impact Protection Material, around its latest line of Rawlings shoulder pads. Upon impact, the PORON XRD high performance molecules create a protective shield th

Wallenfels Exits Mountain Hardwear for Timbuk2

Mountain Hardwear Inc., a division of Columbia Sportswear Co., named Kirk Richardson to serve as interim president while the company conducts a search for a permanent replacement for co-founder and president Mike Wallenfels, who has resigned to become CEO

Genesco to Redeem Notes

Genesco Inc. announced the issuance on November 3, 2009, of a notice of redemption to the holders of the company's 4.125% Convertible Subordinated Debentures due 2023. Pursuant to the notice, all of the Debentures that remain outstanding will be rede

Bakers Footwear Reports Q3 Comps Slide 5.1%

Bakers Footwear Group, Inc. reported sales declined in the third quarter to $39.0 million from $41.1 million a year ago. Comps decreased 5.1%, compared to a comparable store sales increase of 4.5% for the third quarter of fiscal 2008…