Phoenix Receives $14.3M Payment

Phoenix Footwear Group, Inc. said Tactical Holdings Inc. had paid $14.3 million, or the bulk of the price it agreed to pay for Phoenix's Altama Delta division. Phoenix agreed to sell the military footwear divison to Tractical in December 2007 as part

Summit Golf Names VP, Global Manufacturing and Sourcing

Summit Golf Brands has named apparel-industry veteran David W. Santana as its new VP, global manufacturing & sourcing. In his new role, Santana will be responsible for product development and worldwide sourcing of high-end golf wear. He also will be respo

Rocky Brands Hurt by Drop in Hunting Boot Sales…

Rocky Brands Inc.'s Q4 sales increased 2.8% to $72.5 million from $70.6 million as gains at retail offset declines in its outdoor and western footwear divisions. Hunting footwear sales slid 38.2% to $6.8 million from $11.0 million primarily due to a

OBIT: Dennis Charles “O’D” O’Donnell

Dennis Charles O’Donnell passed away due to respiratory failure from ALS, more commonly known as Lou Gehrig’s disease, on February 16, 2008, leaving behind family, friends and business associates, all who knew him as “O’D”…

China’s PPI Up 6.1% in January

The Chinese government reported that the Producers’ Price Index (PPI) for manufactured goods rose by 6.1% in January over the same month last year. Purchasing prices for raw material, fuels and power rose by 8.9%, according to the National Bureau of Stati

Stonefly Partners with Etonic on Walking Line

Stonefly S.p.A. has entered into an agreement with Etonic Worldwide LLC for the sales and distribution of its line of comfort footwear in the U.S. market. In addition, the two companies are planning to develop a line of casual walking products under the

Quick-release Axle Under Attack in N.J.

The board of directors for the National Bicycle Dealers Association Board has voted to spend another $7,500 to defend the widely used quick-release axle. A bill in the N.J. legislature would ban the components in the wake of injuries incurred by children

Head Sees Weak Snow Sales Lead to 2007 Net Loss

Head N.V. saw global net revenues decrease 11.4% to €109.2 million ($158.2 mm) for the fourth quarter leading to a decrease of 78.8% for net income to €0.7 million ($1.0 mm). The company saw a 19.3% decline in Winter Sports sales offset mid-singles gains

Puma Taps Chalayan as Creative Director

PUMA has appointed Hussein Chalayan as the creative director for PUMA with immediate effect, responsible for designing, creating and developing the sport fashion collections of the brand. PUMA also acquired a majority stake in Chalayan's London-based

Selle Royal Completes crankbrothers Merger

Italian saddle and accesories maker Selle Royal S.p.A. has completed its merger with peddal maker crankbrothers, inc. This deal added crankbrothers to Selle Royal’s group of premium cycling companies which include fi’zi:k, Brooks, and Selle Royal. Crankbr