Celerant Technology completed the acquisition of Miami Valley Solutions and its specialty management system, SportzPak. MVS SportzPak provides services for team sports retailers, which will add to Celerant's growing list of vertical markets…
Category: Footwear
$20 Million in Grants Will Help Preserve Coastal Wetlands
H. Dale Hall, Director of the U.S. Fish and Wildlife Service, announced that twenty-five conservation projects benefiting fish and wildlife on more than 13,543 acres of coastal habitat in twelve States will be funded with $20.1 million from 2009 National
Nautilus to Expand Facilities in Virginia
Nautilus, Inc. plans to invest $1.7 million to expand in Grayson County in Virginia. The move expands its manufacturing operation to add a cardio exercise equipment line, and will create 60 jobs, according to a statement from the office of governor of Vir
Jetboil Re-Launches Website
Jetboil, creators of the integrated outdoor cooking systems, announces the launch of the new Jetboil website
ARP to Take Sales Inside in Reorganization
American Recreation Products will replace dozens of outside reps with an in-house sales force in 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a broader reorganization of the company that
Nat’l Wild Turkey Federation Revamps Communication Team
National Wild Turkey Federation CEO George Thornton announced Thursday that the Federation's communications team would be headed by two director positions…
TaylorMade Cuts 170 jobs After Ashworth Acquisition
TaylorMade-Adidas Golf is cutting 170 jobs, or about 12% of its local work force, as it integrates its new Ashworth acquisition. TaylorMade acquired Ashworth Inc., also based Carlsbad, CA, for $73 million on Nov. 21. According to the North County Times in
A4 Opens Two Regional Warehouses for Jan. 2009
A4, working in a joint venture with Frazier Sports, will start shipping orders in January 2009 from its two new regional warehouses in Waco, TX and Atlanta, GA…
PIA Names Canoe Kentucky Founder as CEO
Canoe Kentucky founder and co-owner Ed Councill has been named as CEO of the Paddlesports Industry Association (PIA) — a trade group representing canoe, kayak and raft manufacturers, retailers, outfitters and instructor programs across the US. Councill r
Schutt Responds to Patent Infringement Allegations
"One has to question why an Illinois corporation, residing in California, and reconditioning in Mexico, would file a patent lawsuit in Madison, Wisconsin," says Robert Erb, President and CEO of Schutt Sports, Inc., in response to a patent infrin
OIA: Pace of Outdoor Sales Growth Continued in October
According to the Outdoor Industry Association (OIA) Outdoor Topline Report, October retail sales rose 8% in dollars compared to October 2007. All four major product categories – equipment, equipment accessories, apparel and footwear – grew in October…
G-III Lowers Guidance on Expected Discounting
G-III Apparel Group, Ltd. said net sales for the third quarter increased 29.6% to $351.6 million from $271.2 million in the comp quarter last year. Net income for the three months was $28.8 million, or $1.68 per diluted share, compared to $23.8 million, o
Lululemon Q3 Net Up on 4% Comp Gain; Founder Transfers Shares to Employees
Lululemon athletica inc. said it is approaching the uncertain economy by carefully monitoring its inventory and slowing store expansion. The Canada-based maker and retailer of yoga and fitness-inspired clothing said net revenue increased 34% to $87.0 mill
Kohl’s Grabs Mervyns Locations
Kohl’s Corporation prevailed in a joint bid with Forever 21, Inc. in an auction of leaseholds held last week for Mervyns sites. Together, the retailers acquired 46 locations for approximately $6.25 million. Kohl’s will assume 31 of the locations while For
Pacific Sunwear Apparel Grows as Footwear is Eliminated
Pacific Sunwear VP of Investor Relations Gar Jackson clarified the circumstances surrounding Division President Thomas M. Kennedy’s recent resignation during the Pacific Sunwear presentation at the Wedbush Morgan Securities California Dreamin’ Management
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