Olympic medalist Erik Vendt filed a countersuit against TYR sports, which had filed a breach of contract claim against him for switching to Speedo's LZR Racer swimsuit…
Category: Apparel
Olympic Swimmer Countersues TYR
Olympic medalist Erik Vendt filed a countersuit against TYR sports, which had filed a breach of contract claim against him for switching to Speedo's LZR Racer swimsuit…
Dick’s SG to Shutter Golf Galaxy HQ
Golf Galaxy, a wholly-owned subsidiary of Dick’s Sporting Goods, Inc., will close its headquarters in Eden Prairie, MN, affecting several dozen jobs, according to a report in Minneapolis's Star Tribune…
NSGA: Used Sports Gear Purchases Surpass $1B
Consumers purchased $1.08 billion in used sporting goods equipment in 2007, according to a report just released by the National Sporting Goods Association (NSGA)…
UGG Forms China Joint Venture
Deckers Outdoor Corporation entered into a joint venture with Stella International Holdings Limited for the opening of retail stores and wholesale distribution for the UGG Australia brand in China. Initial plans call for the opening of one to two stores i
Olympic Swimmer Countersues TYR
Olympic silver medalist Erik Vendt, who will also be a part of Team USA in Beijing next month, has filed a countersuit against TYR sports, which had filed a breach of contract claim against him for switching to Speedo's record-breaking LZR Racer swim
Steve and Barry’s Faces Fire Sale
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
Saks Incorporated Announces June Comparable Store Sales Increase of 1.9%
Retailer Saks Incorporated announced today that owned sales totaled $243.8 million for the five weeks ended July 5, 2008 compared to $237.6 million for the five weeks ended July 7, 2007, a 2.6% increase. Comparable store sales increased 1.9% for the perio
Neiman Marcus June Comps Slide 2.4%
Neiman Marcus, Inc. reported June comps slid 2.4%. Total sales slipped 1.1% to $401 million from $406 million. In the five-week June period, comparable revenues in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodm
Hincapie Sportwear Hired New Design Director
Hincapie Sportswear, Inc. has hired Nikole Rock as its new Director of Design & Development. Rock will be responsible for all aspects of design, development and sourcing of the Hincapie retail apparel line…
Darius Billings to Oversee The Athlete’s Foot
NexCen Franchise Management, Inc., a division of NexCen Brands, Inc., has appointed Darius Billings as director of retail brand marketing and merchandising. Billings is charged with the development of strategic brand growth and merchandising for NexCen’s
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.
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