At the PGA Show in Orlando last week, the ‘new geometries’ launched two seasons ago that brought high-MOI to the norm now are slowly ebbing back toward traditional. For the most part, vendors appeared to be moving back toward a more traditional business
Category: Footwear
Hartmarx Files for Chapter 11
Hartmarx Corp., which makes the Jack Nicklaus, Bobby Jones and Lyle & Scott golf apparel collections, filed for Chapter 11 protection in an Illinois federal bankruptcy court, citing a “substantial decline” in sales to consumers and retailers as well as li
Johnson Outdoors Outlines 2009 Savings Targets
Johnson Outdoors Inc. management said that disappointing holiday sales and declining consumer spending and confidence levels have “definitely made retailers more focused than ever on keeping inventory levels down.” Retailers are apparently signaling to t
Pelican Products Acquires Hardigg
Pelican Products, Inc., manufacturer of plastic injection molded protective cases, acquired long-time competitor Hardigg Industries, manufacturer of roto molded protective cases. The transaction, valued at approximately $200 million, is believed to be the
SIA 09: Youth Culture Expands Influence
SIA 2009 was a surprisingly lively show considering the widespread declines in many other trade and consumer shows in recent weeks. While Outdoor Retailer Winter Market reported a 5% decline in attendees, and ASR attendance was down significantly, SIA is
CPSC Delays Some Safety Act Provisions
The Consumer Product Safety Commission has 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 will not require Testing and Certification on products until
Escalade’s CFO Resigns
Escalade, Inc. said it has accepted the resignation of Terry D. Frandsen as vice president and chief financial officer. Robert J. Keller, Escalade's president and chief executive officer, said that the company and Frandsen had reached a mutual decis
Macy’s to Cut 7,000 Jobs
Macy's Inc. plans to cut 7,000 jobs, or 4% of its workforce, as it expects sales to remain sluggish through 2009. No store closings were announced. Staff reductions and other moves to restructure the company's operations, including grouping stor
Kmart Introducing Athletic Line
Kmart is introducing an exclusive athletic footwear and apparel collection called Protege and created by NBA star Al Harrington. The launch of Protege is part of Kmart's footwear re-launch which will feature new and exclusive brands both in stores n
Asics and Brooks in “Dead Heat” at Fleet Feet
Brooks caught up to Asics at Fleet Feet in 2008, but New Balance, Saucony and Nike also gained market share at the chain. As reported, Fleet Feet’s sales grew 14% to $86 million in 2008 on a 12% comp gain…
Karhu Holding and Karhu Sports Reach Settlement
Karhu Holding BV and Karhu Sports Oy reached an amicable settlement to their dispute over the Karhu trademarks. Karhu Holding BV was confirmed as the owner of the Karhu global trademark portfolio and will be responsible for the sale of all other products
Performance Running Brands See a Shift Sway From Motion Control Footwear
Like neutral cushioning and stability, motion control has been one of the traditional categories that performance running footwear brands and retailers have used to segment their products…
Johnson Outdoors Q1 Net Sales Fall 8.2%
Johnson Outdoors Inc. had net sales of $69.8 million for the first quarter ended Jan. 2, 2009, an 8.2% decline compared to net sales of $76.0 million for the prior year quarter. Loss from continuing operations of $6.9 million, or 76 cents per diluted shar
RECALL: L.L. Bean Ice Cleats
The U.S. Consumer Product Safety Commission, in cooperation with the L.L. Bean Inc., today announced a voluntary recall of the Stabilicers Lite Cleats…
Columbia Q4 Profit Drops, Sales Fall 6%
Columbia Sportswear Co. reported sales in the fourth quarter slid 6% to $354.9 million from $376.7 million for the same period of 2007. Sales included a 3% negative effect from changes in foreign currency exchange rates compared with the fourth quarter of
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