Category: Apparel

Broder Bros. Co. Hires Strategic Advisor

March 4, 2009 SGB Update

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

National Golf Rounds Played Up 8.6% in January

March 4, 2009 SGB Update

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

March 4, 2009 SGB Update

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

Newton Running Names President

March 4, 2009 SGB Update

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%

March 3, 2009 SGB Update

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

The North Face Base Camp Duffel Wins Award

March 3, 2009 SGB Update

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

March 3, 2009 SGB Update

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

March 3, 2009 SGB Update

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

March 3, 2009 SGB Update

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

March 3, 2009 SGB Update

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

March 3, 2009 SGB Update

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

Protests Prompt Schools to Cut Russell Ties

March 3, 2009 SGB Update

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

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