In light of the current market conditions, Broder Bros., Co. has retained Miller Buckfire & Co., LLC as its financial advisor and investment banker and Kirkland & Ellis LLP as special counsel as it explores its financing and strategic alternatives with re
Category: Apparel
National Golf Rounds Played Up 8.6% in January
The Golf Datatech National Golf Rounds Played Report showed that in January, golf rounds played varied vastly between regions. According to the report, national golf rounds played in the U.S. were up 8.6% in January 2009 vs. January 2008…
Sport Chalet Amends Credit Facility
Sport Chalet, Inc. has amended its credit facility with Bank of America. Under the terms of the amendment, Bank of America has waived the company's existing event of default and certain potential defaults and amended the borrowing base, certain finan
ATA Changes 2010 Trade Show Dates
The Archery Trade Association’s board of directors has changed the 2010 Trade Show dates to Jan. 13-15 to accommodate a scheduling conflict…
Newton Running Names President
Newton Running appointed Stephen Gartside as the company’s president. Gartside will run the day-to-day global operations of Newton Running, based in Boulder, and work closely with Newton’s founders, Danny Abshire and Jerry Lee. Gartside has more than 20 y
Pacific Brands Restructures As H1 Sales Dip 2.9%
Pacific Brands is implementing a new strategy – Pacific Brands 2010 – to restructure and sharpen the focus of the business. The company will discontinue some of its smaller labels and brands to reduce complexity and cost and divest some non-core businesse
OBIT: Founder of Crazy Creek Rob Hart Dies in Ski Accident
Robert “Rob” Dixon Hart, 51, founder of Crazy Creek Products died Feb. 20 in a skiing accident on Red Lodge Mountain. Hart founded Crazy Creek Products with his first wife Louise “Weezie” Chandler in Red Lodge, MT in 1988…
The North Face Base Camp Duffel Wins Award
The North Face Base Camp Duffel has been awarded the Editor’s Choice Gold Award by Backpacker magazine. The Base Camp Duffel was introduced in 1979 and celebrates its 30th birthday in 2009. It is The North Face’s classic, bomber expedition duffel…
Colnago Establishes U.S. Subsidiary in Chicago
Bike manufacturer Colnago recently established its first U.S. subsidiary in Chicago. This move rids the company of an outside distributor for the first time in 30 years. Colnago's most recent distributor was Veltec Sports…
Lacrosse Subsidiary Receives Army Order for $6.7 Million
LaCrosse Footwear, Inc. said its Danner subsidiary received a new $6.7 million delivery order from the U.S. Army for the Danner Combat Hiker boot. Danner anticipates delivering this order of the Combat Hiker boot beginning in April through August of this
RECALL: Bowflex Gyms
Nautilus Inc. is recalling a total of 78,000 Bowflex home gym systems because of safety concerns. The Consumer Product Safety Commission said the seat of the Bowflex Ultimate 2 Home Gym could fall unexpectedly and injure a user or bystander. The seat, whi
Acushnet, Callaway Sue One Another for Patent Infringement
Acushnet Company, the golf business of Fortune Brands, Inc., and Callaway Golf Company have filed patent infringement lawsuits against one another. Acushnet asserts that Callaway’s Tour i and Tour ix golf balls infringe nine United States patents from Acu
Shock Doctor Beefs Up Management Team
Shock Doctor, Inc. named Steven Coopersmith as senior vice president of marketing and Andy Donahue as powersports sales manager. Coopersmith will lead all marketing efforts, in promoting the company’s brand on a worldwide basis. Donahue will helm the sa
Callaway Golf Files Patent Infringement Suit Against Acushnet
Callaway Golf Company has has filed a new patent infringement lawsuit in the United States District Court for the District of Delaware against The Acushnet Company, the golf business of Fortune Brands, Inc. The lawsuit alleges that the new 2009 Titleist P
Protests Prompt Schools to Cut Russell Ties
A host of colleges across the country have ended their licensing agreements with Russell Athletic over charges that a plant in Honduras was closed in order to shut down a union. Russell has said the closing was in response to economic reasons and denied t