Aetrex Worldwide has announced the formation of Aetrex Canada, a new division of Aetrex Worldwide, Inc. Aetrex said the new division “reaffirms the company's commitment to the Canadian market and will enable Aetrex to provide retailers with better pr
Category: Apparel
Cabela’s Chairman Plans to Sell Shares
Cabela’s Inc. announced that its Chairman Richard Cabela has adopted a pre-arranged stock trading plan to sell a small portion of the 9.6 million shares of Cabela’s stock that he beneficially owns. Under the stock trading plan, commencing on July 15, a Ca
Forzani to Test GNC In-Store Shops
The Forzani Group Ltd. and General Nutrition Centres Co. announced a partnership that will put GNC performance nutrition boutiques within FGL stores. The first pilot market will be in Calgary, Alberta this fall…
Nike and Adidas Become Founding Sponsors of iHoops
Nike and Adidas will serve as founding partners for iHoops, the youth basketball initiative. The NCAA and NBA established iHoops to provide a structure and to develop programs to improve the quality of youth basketball in order to enhance the athletic, ed
Nike Names New U.K. Marketing Director
Nike named Gino Fisanotti as its new marketing director for the U.K. and Ireland. Fisanotti, currently EMEA brand director, replaces Simon Pestridge, who in early June was promoted to the role of global brand director, based in the U.S…
Callaway Golf Increases Size of Private Offering
Callaway Golf Company has priced and increased by $15 million its previously announced private offering of preferred stock. Callaway will issue $125 million principal amount of 7.50% Series B Cumulative Perpetual Convertible Preferred Stock, 1 cent par va
Weaker May Retail May be Prelude to Tough Second Quarter
There may have been a few lonely bright spots twinkling through the haze of a languid May for retailers, but results were largely disappointing as the retail market made it clear to economists and analysts that any hints of recessional relief are just tha
Golf Datatech: April Rounds Up 1.4%
The Golf Datatech National Golf Rounds Played report showed that in March, golf rounds played varied vastly between regions, with participation in the Mountain, East North Central, South Central and South Atlantic regions decreasing and participation incr
Cabela’s Renews Credit Card Facility
Cabela’s Inc. announced that Wachovia Bank, National Association has renewed its $225.0 million commitment under an outstanding series of variable funding notes issued by Cabela's Credit Card Master Note Trust. The commitment is for one year…
TapouT Opens RandD Center
TapouT, the mixed-martial arts brand, is officially opening the doors of its new 13,000-square-foot TapouT Research & Development Training Center in Las Vegas, Nevada. The Grand Opening weekend is set to take place from 10 a.m. to 3 p.m. on June 19 and Ju
Coalition Urges Congress to Support USDA Conservation Programs
House and Senate Appropriations Committees to maintain mandatory spending levels for the U.S. Department of Agriculture conservation programs as authorized in the 2008 Farm Bill, the Theodore Roosevelt Conservation Partnership announced…
AcuSport adds Russian American Armory Firearms
AcuSport Corporation, a distributor of outdoor and shooting sports products in the nation, introduced Russian American Armory (RAA) to their line of shooting sports products. RAA is the manufacturer of the Saiga firearms line. These items, along with the
Callaway Golf Cuts Dividend to Preserve Cash
Callaway Golf Co. said its Board of Directors has elected to reduce the second quarter dividend to one cent per share, payable on July 15, 2009 to shareholders of record as of June 26, 2009. This represents a six cents reduction to the dividend declared a
Quiksilver Announces Financial Restructuring, Q2 Sales Slide 17%
Quiksilver, Inc. entered into an agreement with Rhône, an international private equity firm, for a 5-year senior secured term loan of approximately $150 million to ease its liquidity pressures. The surf giant also reported second-quarter sales fell 17.1%
JD Sports’ Sales Improve
JD Sports Fashion Plc said its underlying sales increased 1.7% over the 17 weeks to May 30. Like-for-like sales at the Bank and Scotts fashion chains were up 4.6% over the period, while like-for-likes at the JD sportswear fascia rose 1.2%…
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