Skullcandy Names VP of Finance

Skullcandy added Scot Carlson as vice president of finance. Carlson comes to Skullcandy with a solid history at Black Diamond outdoor equipment, adding welcomed industry expertise to Skullcandy’s core business development…

Li and Fung U.S. Revenues Pass $1 Billion in 2007…

Li & Fung reported its U.S. business passed the $1 billion mark in 2007, achieving the company’s three-year plan. Overall, the company saw turnover of HK$92.5 billion ($11.85 bn) for the year, growth of 36% from 2006, and the largest turnover growth since

And Native Enters Public Eye Under A.T. Cross…

Native Eyewear Inc. was acquired for $18.8 million last week by A.T. Cross Co., which is on a quest to build a $100 million optics business by 2010. Apparently, the numbers finally worked for everyone. ATX said it had paid $17.8 million in cash and assume

Administration Allows

A Bush administration interagency group, meeting earlier this month to discuss a proposal by U.S. Customs and Border Protection to eliminate the “first sale” rule of valuation for imported products, declined to withdraw the controversial plan. Instead, it

Action Sports Chain Adrenalina Plots National Expansion

Adrenalina, a destination retailer designed for extreme sports enthusiasts, announced that it has signed six new lease agreements as part of a national expansion initiative. The leases include premier mall locations in Atlanta, Denver, New York Metropolit

Bikes Belong, Humana Team Up to Pedal Influence

Bikes Belong is partnering with Humana to provide a fleet of 1,000 bicycles to delegates of the Democratic and Republican conventions in Denver and Minneapolis-St. Paul this summer. The cycling advocacy group, said it wants to make the bikes available for

G-III Apparel Sales Climb 21.5%

G-III Apparel Group, Ltd. reported sales rose 30.2% in its fourth quarter ended Jan. 31, to $128.7 million from $98.8 million. Net income improved to $1.07 million, or 6 cents a share, from $518,000, or 3 cents, a year ago…

Win Hanverky Ties ’08 Growth to Chinese Market

Hong Kong-based apparel maker, distributor and retailer Win Hanverky is shifting its focus away from a stagnant U.S. economy and toward China in 2008. At the same time, the company will focus productivity efforts on its Vietnamese manufacturing operations

$54M Goes to Preserving Working Forests

Forest Service Chief Abigail Kimbell today announced the award of $54 million in grants today to permanently protect 35 working forests across 32 states. The Forest Legacy Program is the only federal grant program focused
on the permanent protection of im

Mizuno Appoints VP of Sales for Running

Mizuno USA, Inc. has tapped Dave Lambert to take on the role of VP of sales for its Running Division. Lambert is a 10-year veteran of Mizuno, joining the company in 1998 as a territory manager. In 2000, Lambert was promoted to sales manager, where he co

Li and Fung Reports 36% Revenue Jump in 2007

Hong Kong-based global consumer goods exporter Li & Fung Limited reported strong annual results for 2007, well-exceeding the 2005-2007 Three-Year Plan target. At the same time, the company announced its new 2008-2010 Three-Year Plan target of achieving a