Endeavor Acquisition Corp. said it had been advised by American Apparel that the company will post at least $30 million pro-forma EBITDA for the fiscal year ending December 31, 2006. Under the terms of the merger agreement, American Apparel was required t
Category: Footwear
Holiday Must-Haves Fuel Strong Q4 for Vendors…
Sporting goods manufacturers as a whole once again saw gains in both sales and net income over the year-ago period in the fourth quarter, with the top line increases again outpacing the bottom line. As the cost of materials, production, and distributing
Puma Shares Rise On PPR Takeover Rumors
Shares of Puma stock rose almost 10% last Thursday on market talk that French luxury-goods retail group PPR is in advanced talks with the sportswear manufacturer’s largest shareholder to buy its 30% stake and then make a bid for the rest. A deal would val
Royal Robbins Lifts Phoenix Footwear’s Fortunes…
Royal Robbins saw fourth-quarter sales jump 26.2% to $4.6 million from $3.7 million a year ago. However, Royal Robbins' success was overshadowed by the financial distress at the brand's parent, Phoenix Footwear Group Inc., which might lead to th
Nike and adidas Take Soccer Jersey Battle to Brazil
Reports out of Brazil have adidas making overtures to the Brazilian Football Confederation (CBF) to become sponsor. The CBF's current contract with rival Nike is set to expire in 2018 with adidas' bid reportedly far outpacing the current level s
Reebok Launches $30mm Running-Focused Ad Campaign
While doing battle in court, Reebok also took a swipe at Nike's “Just Do It” slogan on the street. One of the poster ads as part of its $30 million “Run Easy” campaign showing a runner in pain exclaims, “What are you just doing? Run easy.”…
VF Corp. Acquires TNF China Biz
VF Corporation has acquired The North Face branded business in China from its licensee, Korea-based Youngone Corporation. VF will now take over the business in China, where the company sees a potential for $40 million in revenues within five years…
Jetboil Hires Lathrop as VP of Sales
Jetboil has been on a rapid growth curve for the past three years, grabbing market share from many of its competitors in the backcountry cooking segment of the outdoor market and re-inventing the stove category. According to info collected by SportScanINF
Outdoor U. Launches 2007 Events
OIA’s Outdoor University has finalized its program and speaker agenda for 2007 events. The program will be offered at four sessions across the country – Rendezvous Conference/Outdoor University Workshop, EORA Southeast Show, ORA/MRA Midwest Rep Show, and
Spira Footwear Sues USATF and IAAF
Spira Footwear said it has filed a lawsuit in U.S. Federal District Court against the International Amateur Athletic Federation (IAAF) and the United States Association of Track and Field (USATF), the rule making bodies for Track and Field both internatio
Smartwool Restructures Marketing Management
SmartWool has restructured its Marketing Department with Carol Davidson taking the reins as Creative Director and Gardner Flanigan promoted to Marketing Director. SmartWool has created the new Creative Director position and evolved the Marketing Director
Foot Locker to Launch Former Knick John Starks Apparel Line
Former NBA All-Star and New York Knicks legend John Starks has partnered with ZipWay on a new athletic apparel line. The breakaway pant collection launches at 150 Foot Locker stores around the country on April 13…
Peregrine Distribution Inks Deal with OTB
Peregrine Distribution Services has signed its newest client, OTB (Over the Beach) Boots, based in Scituate, MA, manufacturer’s of a new line of specialized boots for the outdoors. Peregrine will provide warehousing, order fulfillment and customer service
adidas to Consolidate Distribution in Spartanburg, SC
The adidas Group will consolidate the adidas brand’s apparel distribution center in Hebron, Ky., its footwear distribution center in Spartanburg, S.C., and the Reebok brand’s apparel distribution center in Memphis, Tenn., and its footwear distribution cen
Podium Venture Group Eyes Corduroy Surf Company
Podium Venture Group, Inc. has retained first option to acquire a majority interest in Corduroy Surf Company – a surf equipment, apparel, and art retailer with both storefront and online sales planned…
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