A.T. Cross Co. announced that it has closed an all cash transaction to purchase Native Eyewear, Inc., the maker of sport performance sunglasses and goggles. A. T. Cross purchased Native Eyewear for total consideration of $17.8 million in cash and the assu
Category: Footwear
Steven Madden CEO Resigns
Steven Madden Ltd.'s chairman and chief executive, Jamieson Karson, has resigned. The company said Edward Rosenfeld, executive vice president of strategic planning and finance, has been named interim chief executive…
Hilleberg to Sponsor Washington’s TrailsFest Again
Hilleberg the Tentmaker will return as a major sponsor for the third consecutive year at TrailsFest, a hands-on outdoor recreation festival near Seattle. Outdoor Research, REI, Clif Bar, Egan & Associates LLC, and Bay Street Publishing are also confirmed
Heelys Extracts $1.4M and Licensing Deal in Settlement…
Heelys, Inc. has agreed to settle its patent and trademark infringement dispute with Elan-Polo, Inc. for $1.4 million. Heelys also reached a licensed agreement with Elan-Polo to sell certain wheeled sneakers. Under terms of the settlement, Elan-Polo will
Sports Direct Ups Guidance as Sales Follow Plan…
Sports Direct International plc reported sales of £317m ($641.3mm) for the quarter ended January 27, with a profit of £142 million ($287.3mm). The company said that though business has remained in line with expectations since quarter-end, it raised its EB
Li Ning Sales Rise 36% on Branded Strength
Li Ning Group Limited, one of the leading sports brand enterprises in China, reported strong double-digit revenue and earnings growth for this fiscal year ended Dec. 31, 2007, led by sales of its eponymous brand…
Reebok Hit with Jewelry Penalty
Reebok International will pay a record $1 million civil penalty to settle allegations that it imported and distributed charm bracelets that contained toxic levels of lead, according to the U.S. Consumer Product Safety Commission…
Connecticut Retailer Blazing New Trail in New Haven
Connecticut retailer Trailblazer is living up to its name by splitting its 9,000-square-foot store in downtown New Haven into three smaller specialty shops that will focus on its two most popular categories, action sports and the traditional outdoor sport
ForeFront Names Director of National Accounts
ForeFront has appointed John Perez as director of national accounts. Perez joins ForeFront from TaylorMade adidas Golf in Carlsbad, Ca., where he spent seven years as an account executive and most recently as a strategic account manager…
Aldila Delays 10K Filing Until End of Month
Aldila, Inc. delayed the filing of its annual 10K report by as much as two weeks, citing accounting work it undertook to revise how it accounts for certain securities transactions that affect its balance sheet and cash flow statements. The maker of graphi
Reebok Pays $1MM Fine for Lead Jewelry
Reebok International will pay a record $1 million civil penalty to settle allegations that it imported and distributed charm bracelets that contained toxic levels of lead, the U.S. Consumer Product Safety Commission said. The agency said in March 2006, a
Therm-a-Rest Hires Associate Global Brand Manager
Therm-a-Rest said that Jenna Wellman has joined Cascade Designs, Inc. as associate global brand manager for Therm-a-Rest. Wellman will continue building on the brand’s position as a leader in outdoor sleeping comfort. Prior to joining Cascade Designs, Wel
Washington Bicyclists Team with German Embassy
Just weeks after cycle advocates made their annual pilgrimage to Washington D.C. to lobby Congress for greater support of cycling, the Washington Area Bicyclist Association (WABA) announced it had found government support of another sort. WABA said it has
Zumiez Sees Fourth Quarter Sales Grow, But Sees Tough H1 Ahead…
For the fourth quarter, net sales totaled $126.6 million, an increase of $14.2 million or 12.7%, compared to $112.4 million in last year's fourth quarter. When the additional week from fiscal 2006 is excluded, net sales were up 18.5% in the fourth qu
Brooks Sports Boasts 17.5% Revenue Increase…
Brooks Sports, Inc.'s revenues grew 17.5% to more than $170 million in 2007. Sales rose 20% domestically and in excess of 19% internationally. Additionally, the running brand delivered operating earnings that were up 39%…
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