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
Category: Outdoor
$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
Hoax of the Day: General Motors Acquires Specialized Bicycle Components
In the grand tradition of April Fools, the big prank in the sporting goods market was a story claiming General Motors has acquired Specialized Bicycle Components, based in Morgan Hill, CA. SportsOneSource, too, was momentarily fooled…
InGemie Honored by Snowsports Writers
The North American Snowsports Journalists Association has chosen long-time SnowSports Industries America (SIA) president David Ingemie as the winner of its Carson White-Golden Quill Award. The award, named after the group’s first president, honors an indi
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…
The Finish Line Looks Ahead to New Formats and Leaves Genesco Issue Behind…
The Finish Line, Inc. seems to be putting the ugliness of its failed Genesco merger bid behind it and outlined steps it is taking to move its business forward this year…
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
A.T. Cross Adds Native Eyewear to its Sunglass Portfolio…
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-a-year optics business by 2010. ATX said it had paid $17.8 million in cash and assumed $1 million in short-term debt to acquire Nat
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
NBA Reports Top Ten Jerseys of Last Ten Years
To begin the celebration of its 10th anniversary, the NBA Store in New York City announced the ten most popular jerseys of the past 10 years, since the store opened on Sept. 18, 1998. The list is topped by Michael Jordan, Kobe Bryant and Allen Iverson. A
DSW Reports Fourth Quarter Net Income Drop
DSW Inc. recorded net income of only $1.1 million for the thirteen-week fourth quarter ended February 2, 2008, down sharply from the year-ago net income of $16.6 million for that fourteen-week period. For the fifty-two week fiscal year ended February 2, 2
Fonte to Retire From Prince, Again
After coming out of retirement in the spring of 2005 to take a leadership role in the rebuilding of the Prince brand in the U.S., Doug Fonte will step away from the corner office, once again entering retirement. Fonte helped to rebuild the brand over the
Reebok Promotes O’Toole to CMO; Names Gabel as NA Prez
Reebok International Ltd. has promoted Matt O’Toole to chief marketing officer. O'Toole will be succeeded as president of Reebok North America by Jim Gabel, currently senior vice president of adidas America. O’Toole’s appointment is effective April 1
Consultant Signs up Nine New Bike Dealers
The Biking Solution, a consulting firm that works with independent bicycle dealers, has added six new members and a total of ten locations in recent weeks. The company focuses on improving the profitability and quality of life for specialty bike retailers