Adrenalina, which has made multiple bids to acquire Pacific Sunwear of California, has nominated a four-member slate to PacSun's board and called for the resignation of PacSun's CEO. In a letter dated Feb. 12, Ilia Lekach, chief executive of Adr
Category: Apparel
Globe International Warns of Fiscal H1 Loss
Globe International expects to report an estimated EBITDA loss from operating activities for the half year ended December 31 2008. The company said that the loss, estimated to be in the range of A$5.0 million to A$6.0 million, was based on preliminary un
Report: Online Sales Decline in Fourth Quarter
In releasing its retail e-commerce sales estimates for the fourth quarter, comScore, Inc. said that online retail spending declined 3% versus year ago, the first recorded quarter of negative growth since comScore began tracking e-commerce spending in 2001
Boa Technology Hires New Marketing Manager
Boa Technology, Inc., makers of the Boa Lacing System, has retained Backbone Media, of Carbondale, CO to manage all public relations efforts. The move follows the recent hiring of industry veteran Garett Graubins as marketing manager…
Twins ’47/Banner ’47 Strengthens Sales Force
Twins '47 headwear and Banner '47 apparel, formerly Twins Enterprise, Inc., have added two key sales representatives to oversee key territories. The new reps will cover Illinois, Indiana, Michigan, Ohio and Wisconsin…
Cleveland Golf/Srixon Forms National Advisory Board
Cleveland Golf/Srixon has formed a new advisory board made up of some of the most influential names in the game of golf. This new advisory board’s principal role will be to offer guidance pertaining to all Cleveland Golf/Srixon brands. They will offer adv
Vasque Names Brandywine River Reps 2008 Sales Agency of the Year
Vasque has named Brandywine River Representatives, LLC, its 2008 Sales Agency of the Year. Brandywine River Representatives had the highest percent growth both in both dollars and pairs of shoes in 2008…
Superfeet Named Official Insole of the Canadian Snowboard Federation
Superfeet Worldwide Inc. has been named the official insole of the Canadian Snowboard Federation (CSF) through 2011. Working closely with the CSF, Superfeet representatives fit Canada’s National Snowboard Team athletes, coaches and trainers with premium i
Heelys CEO Steps Down
The board of directors of Heelys, Inc. has accepted the resignation of Donald K. Carroll, Heelys' CEO since May 20, 2008, effective today. Michael W. Hessong was named interim president and chief executive officer until the board designates a full-ti
CPSC Clarifies Policy for New Lead Limits In Children’s Products
U.S. Consumer Product Safety Commission has announced that, starting Feb. 10, 2009, consumer products intended for children 12 and under cannot have more than 600 parts per million of lead in any accessible part. This new safety requirement is a key compo
Sport Supply Group Q2 Net Sales Slip 1.7%
Sport Supply Group, Inc. said net sales for earnings per share for its fiscal second quarter ending Dec. 31, 2008 were 4 cents per fully diluted share. Net sales for the quarter declined 1.7%. Commenting on the quarter and year-to-date Results, Adam Blume
RECALL: Dick’s Sporting Goods Golf Game/Camping Equipment
A camping stove and golf game sold at Dick's Sporting Goods Inc. are under a voluntary recall. About 6,700 Field & Stream dual burner propane-fueled camp stoves might produce higher-than-expected flames, or ignite unexpectedly, the Consumer Product S
Industry Chains Continue Respective Trends in January
Pacific Sunwear of California reported that total PacSun sales for the fiscal month of January declined 8% to $54.7 million from $59.6 million in the year ago period. PacSun comp sales dropped 11% for the month…
Layoffs at Brown Shoe and Macy’s
Macy's Inc. and Brown Shoe Co. joined a number of companies announcing major layoffs to streamline operations in the face of the recession. Macy's plans to cut 7,000 jobs, or 4% of its workforce, while Brown Shoe, the parent of Famous Footwear,
Court at Odds with CPSC on Safety Act Provisions
The U.S. Consumer Product Safety Commission issued a one year “Stay on Enforcement” for the submission of “Testing and Certification” of compliance with the new lead and phthalates laws. The CPSC said it would not require Testing and Certification on prod
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