Burlington CEO Speaks Out On China Safeguards

Wilbur L. Ross, Chairman of Burlington Industries said, “We are delighted with the Administration's decision regarding the China safeguards. The textile and apparel industries have been hurt severely by inappropriate behavior on the part of China and

Boeri Refutes Consumer Report’s Findings

In the December 2003 issue of Consumer Reports Magazine an article was published titled “Safety on the Slopes”. In this article several ski helmets were tested and evaluated by the staff at Consumer Reports. One of the tested models was the Boeri Axis Rag

SmartWool Signs Partnership Agreement With Vail

SmartWool is pleased to announce a multi-year partnership with Vail Resorts, designating SmartWool as the “Official Sock” for many of the top ski areas in the country: Vail, Beaver Creek, Breckenridge Resort, Keystone and Heavenly Ski Resort…

Airwalk Foreclosure Plan Stymied at 11th Hour…

Airwalk International’s parent company, Sunrise Capital Partners, almost made it to the finish line in their bid to buy the troubled company out of foreclosure on Friday, but they were stymied at the eleventh hour by a group of Asian factories and an agen

Margins Help Adams Golf Pare Q3 Loss…

The combination of rising sales and improved efficiencies had an obvious impact on the bottom line at Adams Golf, with the company posting a narrowing its Q3 loss to $343,000 from a loss of $4.3 million in the year-ago period. Total net sales increased 3

Lower GM Hurts Golfsmith Q3 Profits…

Golfsmith International saw net income for the third quarter fall 70.6% to $1.1 million from $3.4 million in the year-ago period. Net income from U.S. operations contributed 85.3% of total earnings, while Canada operations contributed 10.4% and Europe pro

Warnaco Looks for More from Speedo…

Speedo parent Warnaco said that the company’s swimwear group always runs losses in the third quarter since the company sees just 10% of its total year revenues for the division in Q3. But the operating loss widened for the period to $8.6 million from $3.

New Balance Talks on China Strategy…

In an exclusive interview with Sports Executive Weekly, New Balance Athletic Shoe president Jim Tompkins threw water on a Chinese newspaper report that suggested that New Balance would open 70 stores in China by the end of next year.