New Era Cap Co. and the local teamsters union have reached a deal at the company's 118-worker distribution center in Mobile, AL. Details weren't released. Said Christopher Koch, CEO of New Era. “This contract solidifies what I hope will be a lon
Category: Outdoor
Puma Extends Swedish Athletic Sponsorship Through 2012
PUMA has extended its contract with the Swedish Athletic Association, which was initiated in January 2005, beyond the London Olympics in 2012. Under the agreement, PUMA will remain the official apparel and footwear supplier for all Swedish teams competing
Kellwood Will Go Private
Sun Capital Securities Group, LLC said 70.8% of the shareholders of Kellwood Co. tendered their shares to its affiliate Cardinal Integrated, LLC by a midnight deadline Tuesday, clearing the way to take the company private. Kellwood's outdoor brands i
Outdoor and SnowSports Deals Abound…
It was a busy and a good week for the outdoor and snowsports industries with five acquisitions, including two that could restore the luster of authentic brands hindered in recent years by botched acquisitions. The deals came in several flavors, including
InGear Files for Bankruptcy
InGear Corp., based in Buffalo Grove, IL, filed a Chapter 11 petition on Feb. 7 in Chicago. The company makes luggage sets, sports bags, backpacks and insulated containers under licensed brands, including Champion, Spalding, Rubbermaid, Hummer and Laura A
Nautica Launches E-Commerce Site with GSI Commerce
Nautica is partnering with GSI to develop and operate an online store at Nautica.com. GSI Commerce will develop and operate facets of the online store including customer service, order processing, and fulfillment. Empathy Lab, an interactive agency leader
Sport-Haley Swings to Net Profit on 5% Sales Gain
Sport-Haley, Inc. reported fiscal second quarter net sales of fashion apparel, for the period ended December 31, 2007, increased 5% to $4.4 million from $4.2 million for the comparable three-month period in the prior fiscal year. Net sales of Top-Flite br
Kellwood/Sun Capital Offer Appears Likely
Kellwood Company has entered into a merger agreement with Sun Capital providing for a prompt merger if Sun Capital's tender offer is successful on February 12, 2008, and upon the closing of the tender offer Sun Capital owns a majority of the company&
Aldila Signs Credit Facility
Aldila, Inc. announced that it has signed a credit facility with Key Bank National Association for up to $15 million in borrowings. It plans to use borrowings, plus funds on hand from its previously announced sale of its 50% interest in Carbon Fiber Techn
Recession Fears Trigger Weaker January Retail…
January at retail showed signs that the coming recession might finally have arrived as retailers in general posted comparable store sales declines for the month. Due to the 53rd week in 2006, net sales results for the four-week January month this year co
Family Footwear Takes a Hit in the Fourth Quarter…
DSW Inc. reported net sales for the thirteen-week quarter ended Feb. 2, 2008 increased 1% to $332.5 million compared with $329.1 million for the fourteen-week quarter ended Feb. 3, 2007. Shoe Carnival, Inc. reported a 7.3% decline in sales for the thirtee
Sport Chalet Posts Fiscal Third Quarter Loss…
Sport Chalet's third-quarter earnings plummeted as it continued adding stores even as plunging home prices, wildfires, late snow and even the writer's strike cut into sales in its core Southern California market…
Mizuno Sees Net Income Drop on Q3 Sales Gain…
Mizuno Corp. saw net sales increase 9.5% for the first nine-months of the year to ¥130.11 billion ($1.15 bn) from ¥118.81 billion ($1.01 bn) in the year-ago period. Gross margins declined 90 basis points to 41.6% of sales from 42.5% last year. Net income
Cabela’s Identifies New Store Openings…
Following its lackluster fourth quarter sales report last week, Cabela's said that despite its plan to cut capital spending by 70%, it still plans to open stores in Scarborough, ME and Rapid City, SD, in 2008. Stores scheduled to open in 2009 include
Recall: Trek Girls Bikes…
Trek Bicycle Corp. is recalling approximately 49,000 girls bicycles, because the bike frames may break while in use. Trek has received 13 reports of frames breaking, including four minor injuries. The recalled product is the Trek MT220 girls bicycles mode
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal