VF Corporation announced second quarter revenues were $1.49 billion, a decline of 11% compared with $1.68 billion in the second quarter of 2008, with foreign currency translation accounting for 3%of the decline. Net income in the current quarter was $75.5
Category: Apparel
Cleveland Golf/Srixon Names Brand Managers
Cleveland Golf/Srixon has promoted Chuck Thiry to brand manager for Cleveland Golf, while Chris Beck has been promoted to Brand Manager for Srixon. Both are new positions…
Sports Direct Profits Plunge 91%
Sports Direct, the U.K.’s largest sports retailer, saw a 91% drop in full-year profits despite increased sales after the weak pound and investment losses took their toll. The company, controlled by Newcastle United owner Mike Ashley, netted a profit of £1
Potential CIT Bankruptcy Could Rattle Retail
CIT Group Inc., a significant lender to small and medium-size businesses in the retail industry, could be forced into bankruptcy proceedings barring a last-minute deal to renegotiate its sizeable debt load. A bankruptcy threatens to disrupt the flow of m
Kellwood Extends Deadline for Debt Exchange Offer; Some See BK as Option
Kellwood Co., the Sun Capital Partners portfolio company that is also parent of American Recreation Products, said it was unable to renegotiate and extend its bond issue that matured Wednesday and its board extended the deadline for acceptance of a propos
Antonio Zoli North America Adds VP of Operations
Antonio Zoli North America has hired hiring of Harry “Chuck” Webb III, as Vice President of Operations. Formerly General Manager of Briley Manufacturing, Webb comes to Zoli with deep knowledge of the industry and gunmaking as well as title of Master Gunsm
Rossi USA Joins Whitetails Unlimited Program as Title Sponsor
Rossi USA has signed on as the Title Sponsor to Whitetails Unlimited’s Kids on Target program. The popular program was introduced as a pilot program in 2008, with a focus on encouraging our nation’s youth to get off the couch, enjoy the great outdoors, an
Sportfishing Industry Awards 2009 “Best of Show” Honors
ICAST 2009, the International Convention of Allied Sportfishing Trades, the world’s largest sportfishing tradeshow, took place from July 15-17, at the Orange County Convention Center in Orlando, Fl. According to a release issued by the American Sportfishi
Victoria’s Secret Expands PINK Collegiate Collection
Victoria's Secret's PINK Collegiate Collection has been expanded to more than 50 colleges and universities. VS PINK launched its co-branded Collegiate Collection in July 2008, which features VS PINK's brand iconography and the names and log
OIA Announces New Board
The Outdoor Industry Association (OIA) Board of Directors ratified its new slate of Directors at Monday’s board meeting in Salt Lake City, Utah…
Wade Makes Move to Jordan Brand; Leaves Converse
Jordan Brand, a division of Nike, Inc., has signed Dwyane Wade to its roster of Team Jordan athletes. Wade joins an illustrious line-up which includes fellow All Stars Derek Jeter, Chris Paul and Carmelo Anthony and others. Wade had been the lead endorser
Dept. of Education Awards $78 Million in PEP Grants…
The Department of Education announced the recipients of $78 million in Carol M. White Physical Education Program (PEP) grants. New PEP grants totaling $26.5 million will be distributed to more than 140 school districts and community based organizations ac
Riddell Inc. to Face Jury Trial in Heat Stroke Case
A federal judge in Ohio last Monday concluded that Riddell Inc. had a duty to warn former Minnesota Vikings offensive lineman Korey Stringer that its helmets and shoulder pads could contribute to heat stroke when used in hot conditions. Stringer died nea
Former Burton President Becomes Spyder and Cloudveil CEO
Spyder Active Sports hired Thomas McGann as the company’s new chief executive officer. McGann comes to Spyder Active Sports, also the parent company for Cloudveil Mountain Works, with decades of executive experience, including serving as president of Burt
Play It Again Sports Parent Posts Profit Gain
Winmark Corp., the parent of Play It Again Sports, reported net income increased 28.1% in the second quarter to $1.2 million, or 22 cents a share, from $930,500, or 17 cents, a year ago. Sales were virtually flat at $8.8 million versus $8.7 million a year