McArthur Towels Sold Back to the Family

After owning McArthur Towels for six years, Magnet LLC and Action Performance have sold back the company to the McArthur family. Gregg McArthur, fifth generation family member, has been renamed president and CEO while Neil Mattson now serves as vice presi

NHS Appoints Mob Grip and Ricta Team Manager

NHS announced the appointment of Satva Leung as the Mob Grip and Ricta team manager. Satva is an ex-professional skateboarder rode for companies like Toy Machine, Maple, Dynasty, and Judah, and continues to ride for Independent, Drop Bags, Ipath, and Anal

Kona Partners with BikeTown Africa

The Kona Bicycle Company has always designed bikes for specific riders' needs. Kona bicycles have been piloted to World Championship titles, National Championships titles and World Cup victories but, in partnering with Bicycling magazine’s BikeTown A

Lorpen Launches Lorpen North America

European Technical Sock manufacturer Industrias Savidai, S.L. (Lorpen), announced the launch of Lorpen North America Inc., its new North American company. By the end of first quarter 2006, Lorpen plans to have a new manufacturing facility operating in Pue

Genesco Continues to Score Big in the Mall…

Genesco Inc. was able to overcome tough comparisons to a strong third quarter last year, and challenges from hurricanes and rising gas prices this year, to deliver a solid top-line effort in the quarter ended October 29. The company saw balanced sales gr

The Acquisition Environment Heats Up Again…

The pace of acquisitions in the Outdoor, SnowSports, and Action Sports industries appeared to have eased after two years of heavy activity, but just when the tempo seemed to have peaked, a flurry of new deals came through that surpassed what many thought

Timberland Increases Anti-Counterfeit Efforts

The Timberland Company unveiled several new components of its program to combat the distribution of imitation Timberland products. The program is designed to raise awareness about counterfeit goods and the importance of product authenticity, and also incl

Strong Third Quarter Comps Boost Genesco’s Bottom Line

Genesco Inc. earnings before discontinued operations were $16.2 million, or 62 cents per diluted share for the third quarter, compared to $12.4 million, or 49 cents per diluted share last year. Net sales at Journeys rose 11% to $153 million. Same store sa

NRF Ups Holiday Sales Forecast

The National Retail Federation (NRF) announced that it has revised its holiday sales forecast as a result of a recent flurry of healthy economic indicators including strong October retail sales and falling gasoline prices. NRF now expects total holiday r

Coleman Rolls Out New Sales Structure…

The Coleman Company is launching initiatives to strengthen its mass store sales organization, while refocusing the sales force mandate to better support its enhanced specialty store sales initiatives. Under the new structure, the mass retail effort will b