Steve & Barry's said in a bankruptcy filing late Wednesday that it doesn't have the money to stay in business and is being forced to undergo a fire sale. Lenders led by General Electric Co.'s (GE) General Electric Capital Corp., which contr
Category: Apparel
G-III Apparel Acquires 116 Outlet Stores
G-III Apparel Group Ltd said it has bought certain assets, including 116 outlet stores, from Wilsons The Leather Experts for about $22.3 million in cash and raised its 2009 outlook to reflect the acquisition. The assets acquired include $18.5 million in i
Puma Extends Agreement with Dobotex for Socks Outside U.S.
Puma has extended a long-term licensing contract for socks by PUMA with Dutch company Dobotex, the current manufacturer of PUMA socks, as of January 1, 2009. The new licensing deal excludes the United States. In addition, PUMA and Dobotex signed a new lic
adidas Opens Largest Brand Store in Beijing…
On July 5, adidas opened its largest Brand Center worldwide in Beijing, China. The facility will offer products from both adidas divisions – Sport Performance and Sport Style. One of the highlights of the new adidas Brand Center is miCoach Core Skills, an
Textile Import Growth Slows…
U.S. imports of textiles and clothing grew by only 1.8% in 2007 following a 2.6% increase in 2006 and double-digit growth in seven of the nine years between 1996 and 2005, according to a recently published report by Research and Markets of Ireland.
Study Sees Outdoor Retailers Outshine Full Line Competition in 2008 ‘How America Shops’ Report…
A recent study conducted by The SportsOneSource Group designed to assess the current buying habits of the American public found that price has become the number one motivating factor in determining where to shop for sporting goods or athletic footwear and
AORE Show Scholarship Applications Due Aug. 22
The Association of Outdoor Recreation and Education will take applications for a scholarship to attend its annual conference until Aug. 22. The AORE Conference 2008 will take place in San Diego from Oct. 30 to Nov. 1.
Hayes Recalls Quick Release Device
The U.S. Consumer Product Safety Commission, and Hayes Bicycle Group of Mequon, WI announced a voluntary recall of the SunRinglé Hollow Quick Release devices for bicycles. Consumers should stop using recalled products immediately unless otherwise instruct
Conservation Leaders to Speak at OR
The Outdoor Industry Association has arranged for the heads of The Conservation Fund and The Audubon Society to present a seminar at the Outdoor Retailer show that will address cultivating a new generation of stewards for the outdoors. The seminar, which
Pre-registration 12% Ahead for Health+Fitness Expo
Health+Fitness Business (HFB), a division of Nielsen Business Media, announced that preliminary figures for its mid July fitness trade show indicate individual store pre-registration is ahead by 12 percent compared to the same time as last year. In additi
Lands’ End Exec Becomes Under Armour President
Under Armour, Inc. announced the appointment of David McCreight to the position of president. McCreight, most recently president of Lands' End, will report directly to Kevin Plank and will be responsible for developing and executing the long-term str
VF Corp. Raises Q2 Guidance
VF Corp., the parent of The North Face, JanSport, Eastpak, Vans and Reef, says it may beat second quarter profit guidance because of stronger earnings from operations and a tax benefit. The company said its profit could exceed the 80 cents per share it pr
NSGA Sporting Goods 2008 Sales Forecast
The projected sales for the running/jogging sector of the sporting goods market has shown steady improvement over last year and is expected to continue this growth in 2008. Sales of running and jogging clothing rose 25 percent to $909 million from $726 mi
Suunto Partners with Runner’s World
Suunto is planning a series of grassroots events at running specialty stores through a new partnership with Runner’s World Magazine. The program targets seven key regions – Texas, California, New York City Metro, Atlanta Metro, Seattle, Chicago and Florid
Aruba Sponsors Hansons Distance Project
Aruba Sport Eyewear has agreed to sponsor the Hansons Distance Project (HDP) through 2012. The Hansons Distance Project is a training facility for elite athletes who aspire to become the best in their fields…
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