Kellwood Completes New Credit Facility

Kellwood Company completed a $400 million five-year Asset Based Lending credit facility. This new facility, along with $433 million of cash and cash equivalents as of January 31, provide ample liquidity and financial flexibility to meet the operating, str

Barea Retires from Russell Corp.

Russell Corporation senior vice president and CEO of the Activewear division, Julio A. Barea will retire effective May 15, 2006. Tony Iannuzzi has been promoted to general manager of Artwear/Careerwear and Al Lopez has been promoted to general manager for

Saucony Forms Advanced Product Group; Promotes Two

Saucony, Inc., a subsidiary of The Stride Rite Corporation, has launched a new Advanced Product and Processes Group and has promoted Tom Carleo to senior vice president of product and Merrick Jones to the newly created position of vice president of advanc

Thule Looks to Double Sales in 2006…

Thule issued its annual report and laid out some aggressive strategies for worldwide growth during the coming two years. Company CEO, Anders Pettersson, has implemented a “3-6-9” growth strategy. Essentially, now that Thule has reached the SEK 3 billion (

Softgoods Sector Leads the Way in Fourth Quarter…

While acquisitions still played a role in outdoor industry vendors’ fourth quarter results, the deal market has clearly slowed down compared to its frenetic pace last year. Even though there were not as many deals closed
during 2005, the size of many of t

Collective Licensing Signs Japan and Taiwan Deals

On the heels of an aggressive expansion year, Collective Licensing International, LLC has entered into new international licensing agreements for its Airwalk brand in Taiwan, and its Vision Street Wear brand in Japan. Hanray Industrial has renewed its lic

Neiman-Marcus Group Comps Up 7.4% for March

The Neiman Marcus Group, Inc. saw total revenues for the month of March increase 11.2% to $389 million from $350 million during the same month last year. Comparable store sales increased 7.4%…

Academy Snowboards Sees U.S. Sales Jump 87% YTD

Academy Snowboards domestic sales are up on a year to date basis of approximately 87% over last year's total domestic sales and domestic same-store-sales are up on a year-to-date basis of 191% over last year's total domestic same-store sales, ac

Sport Chalet’s Levra Joins LASEC Board

Rick Kersenbrock, Craig Levra and Colin Temple have been elected to the board of directors of the LA Sports & Entertainment Commission (LASEC). Levra is Chairman/CEO of Sport Chalet, Inc. Levra joined Sport Chalet in 1997 and, during his tenure, has led t

GSI Commerce Inks Multi-Year Deal with NFL

GSI Commerce Inc. has signed a multiyear agreement with the National Football League (NFL) to manage and operate NFL Shop, which includes the league's e-commerce site located at www.NFLShop.com, and the NFL's official catalog. NFLShop.com launch

Crocs Receives Patents on Several Models

Crocs, Inc. has received four patents covering various aspects of its footwear. The patents, which cover utility aspects applicable to a number of its footwear models and design elements of its Beach, Cayman, Nile and Highland models, were recently issued

Marmot Named Contributing Benefactor of ACGM

The Association of Canadian Mountain Guides (ACMG) has named Marmot its Contributing Benefactor for its financial and in-kind support of the Association. The ACMG is Canada’s only internationally recognized guide association and the first non-European mem

West Marine Posts Net Loss for 2005…

West Marine, Inc. reported a 1.3% sales increase for the fiscal year to $692.3 million from $683.0 million last year. Comparable store sales decreased 2.2%. For the year, the company posted a net loss of $2.2 million, down from a net income of $25.5 mil

Clif Bar Helps Make Sea Otter Greener

Clif Bar & Co. and the Sea Otter Classic have teamed up to purchase enough clean wind energy to offset all of the carbon dioxide (CO2) emissions resulting from participant travel to and from the event. Clif Bar and Sea Otter will offset nearly 748 tons of