Silverado Financial Inc. signed a formal letter of intent to purchase Water Skeeter Sports Innovations Inc. (“WSSI”) of Stockton, California. WSSI has established itself as a leader in personal pontoon craft and float tubes, and plans to expand its curren
Category: Apparel
Perry Ellis Expects to Meet Q4 Estimates
Perry Ellis International Inc expects to report fourth-quarter earnings that will meet or beat analysts' average estimate of 61 cents per share. The company also said that while the first half of its current fiscal year, which began Feb. 1, will be c
Polarpak Partners with Oakley and Ogio
Polarpak has partnered with Oakley and Ogio for 2008. Polarpak will supply its patented and patent pending MOFLOW pressurized bladders in one model for Oakley’s hydration packs and another model for Ogio’s new surf duffel bag collection…
Outdoor Retailer Summer Market Shifts Schedule By a Day
Following recommendations from manufacturers due to a tight move-in schedule, Outdoor Retailer has changed the dates of the upcoming Outdoor Retailer Summer Market from Thursday, Aug. 7 to Sunday, Aug. 10, 2008 to Friday, Aug. 8 to Monday, Aug. 11, 2008..
MEC Wins Canada’s Governance Award
Mountain Equipment Co-Op (MEC) is the overall winner of The Conference Board of Canada/Spencer Stuart 2008 National Awards in Governance, for its implementation of a sustainability strategy to ensure its short and long term success. MEC was the winner of
Speedo Unveils LZR RACER
To celebrate its 80th anniversary, Speedo launched the new SPEEDO LZR RACER, which the company said independent tests has shown to be the world’s fastest swimsuit. A retail version of the suit will go on sale in May 2008…
Converse Launches New Dr. J. Commercial
To celebrate 100 year anniversary, Converse will launch a television spot featuring one of its biggest former endorsers, Julius “Dr. J” Erving. The :15 second television spot features slow motion game footage of a famed Dr. J. dunk from the 1985-86 NBA s
prAna’s Opens Boulder Flagship Store
Only two weeks after the founders and management of prAna bought their company back from Liz Claiborne, prAna on October 13 opened its flagship store in a prime location on the Pearl Street mall in Boulder. The upper level will be dedicated to showcasing
InGear Files for Bankruptcy
InGear Corp., based in Buffalo Grove, IL, filed a Chapter 11 petition on Feb. 7 in Chicago. The company makes luggage sets, sports bags, backpacks and insulated containers under licensed brands, including Champion, Spalding, Rubbermaid, Hummer and Laura A
Wolverine Adds Gerber to Board of Directors
Wolverine World Wide, Inc. appointed William K. Gerber to the company's Board of Directors. Mr. Gerber has not been appointed to serve on any committees of the company's Board of Directors…
Outdoor and SnowSports Deals Abound…
It was a busy and a good week for the outdoor and snowsports industries with five acquisitions, including two that could restore the luster of authentic brands hindered in recent years by botched acquisitions. The deals came in several flavors, including
Sports Direct Partners with China’s ITAT…
Sports Direct International PLC, the UK sporting goods conglomerate, announced a strategic relationship with China's ITAT Group to move into the rapidly expanding Chinese retail market before the Beijing Olympics in August. Sports Direct will invest
ASICS Nine-Month YTD Revenue Jumps 16.7%; Names New President…
ASICS reported 16.7% revenue growth for the first nine months of the year to ¥166.01 billion ($1.42 bn) from ¥142.21 billion ($1.23 bn) for the year-ago period. The company saw strong operating income growth of 14.9% to ¥19.15 billion ($163.5 mm), but onl
Red Oak to Cease Operations…
Red Oak Sportswear, the maker of licensed sports apparel in College Station, TX, plans to cut 124 jobs as it winds down operations, according to documents filed with the Texas Workforce Commission. The company, a division of Illinois-based Knights Apparel
Timberland Posts a Disappointing Year; Timeline for Turnaround Undefined…
The Timberland Company saw the fourth quarter of 2007 as the culmination of “a very challenging and disappointing year” for the company. Weak retail market conditions were cited as an issue that exacerbated fashion shifts away from the brand…