CenterStone Technologies, Inc. has added SIGG USA of Stamford to the list of clients utilizing the company’s iVendix software application. iVendix will provide SIGG with a business-to-business (B2B) online ordering solution for their retail dealers and sa
Category: Apparel
Phoenix Footwear Sees Q3 Profit on Sale of Royal Robbins
Phoenix Footwear Group Net sales from continuing operations for the third quarter of fiscal 2007 decreased 5.0% to $26.0 million, compared to $27.3 million for the third quarter of fiscal 2006. The decline was primarily attributable to a 25% decrease in t
Easton-Bell Q3 Net Income More Than Doubles
Easton-Bell Sports, Inc. reported net sales for the third quarter grew 1.1% to $188.6 million from $186.5 million last year. Team Sports net sales decreased 0.9% to $105.9 million for the quarter, but Action Sports net sales increased 3.8% to $82.7 millio
Sun Capital Renews Bid for Kellwood; Kellwood Again Rejects
Sun Capital Securities Group, has sent a letter to the Board of Directors of Kellwood Company reaffirming its proposal to acquire 100% of the capital stock of Kellwood for $21.00 per share in cash. Following the proposal from Sun Capital, Kellwood issued
Eddie Bauer Adds Three Key Executives
Eddie Bauer Holdings has named three new executives to important operational positions in its senior management team with the addition of Marv Toland as SVP, CFO; Freya R. Brier as SVP, general counsel and secretary; and Ronn Hall as SVP, sourcing and sup
lucy activewear Opens New Connecticut Store
lucy activewear is expanding their presence in Connecticut with a new store, located on Greenwich Avenue that will open on December 7th. ‘The Avenue’ is the main center for shopping in Greenwich. lucy will join such retailers as JCrew, Tiffany & Co., Rest
Johnson Outdoors Acquires Geonav
Johnson Outdoors has reached agreement to acquire Geonav, one of Europe’s premier marine electronics companies. The Geonav chartplotter and marine accessories brand and assets were acquired in a stock purchase from Navionics of Viareggio, Italy. Managemen
Fila In Exclusive Apparel Deal with Kohl’s
Fila has entered an exclusive arrangement to sell the Fila Sport brand to Kohl’s. Kohl’s will license and develop apparel product under the Fila Sport label, while Fila will make Fila Sport footwear exclusively to Kohl’s. Said Jon Epstein, CEO of Fila,
Sports Direct Sells Amer Stake…
Sports Direct, the UK retailer controlled by Mike Ashley, sold its entire stake in Amer Sports for €166.6 million ($242 mm). The retailer has made a profit of around £25 millioin since first buying into the Helsinki-listed group in June and raising its st
Sport Chalet Sees Tough Fiscal Second Quarter…
Sport Chalet saw some difficult conditions during their fiscal second quarter, which ended on September 30, 2007. Sales during the quarter were negatively impacted by softer macroeconomic trends and management said that same-store sales were affected by c
The Walking Co. Racks up 9.6% Q3 Comp Gain
The Walking Co., which is part of Big Dog Holdings, reported third quarter revenues jumped 20% to $36.9 million from $30.7 million in Q3 last year, driven by a 9.6% comp increase and 26 net new stores versus last year. TWC opened six stores in the quarter
Princeton Ski Shop Files for Bankruptcy
Citing unseasonably warm weather and heightened competition, Princeton Ski Shop Inc. filed for bankruptcy in the U.S. Bankruptcy Court for the District of New Jersey in Newark. The company, based in Clifton, NJ, operates four stores in New York City ( 22n
Five Things Every Company Should Know About Doing Business in China…
As more companies are looking for any advantage they can get in the marketplace, finding inexpensive labor and efficient infrastructures has become one of the most competitive playing fields in modern day business. In the last decade, one country has come
Zumiez Cuts Guidance on Weaker-than-Expected October Comps…
Zumiez Inc. recorded a 5.1% increase in October same-store sales after an increase of 15.9% in the year-ago month. Total net sales for the period increased 24.6% to $24.7 million from $19.9 million last year…
SRAM Acquires Zipp
SRAM Corporation completed its acquisition of Compositetech Inc., which makes products under the Zipp name. The Zipp management team will remain intact and continue to report to Andy Ording, president of Zipp…
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