Just over six months ago, SEW reported that Nike, Inc. had decreased production of hand stitched soccer balls at the Saga Sports factory in Sialkot, Pakistan due to “significant labor compliance violations”…
Category: Footwear
Edwin Watts Acquired by Sun Capital Affiliate…
An affiliate of Sun Capital Partners, Inc. has acquired Edwin Watts Golf Shops, LLC. Headquartered in Fort Walton Beach, FL, Edwin Watts Golf is a multi-channel retailer of golf equipment, apparel, and accessories through 66 retail stores, in ten southern
Controlling the Game Acquires Fila’s Verdero…
Controlling the Game (CTG), a manufacturer of baseball and softball equipment, has acquired Verdero, a professional-grade baseball footwear and apparel division of FILA…
Puma Board Gives PPR Offer the Thumbs Up…
After SAPARDIS S.A., a subsidiary of PPR S.A., made its offer last week to acquire the remaining shares of PUMA AG for €330.00 per share, the industry was left waiting to hear PUMA's position on the offer. Early Thursday, the Board of Management and
Pacific Sunwear Sees Margin Pressure in April…
Pacific Sunwear of California, Inc. 2007 had a small ray of sunshine fall on its first quarter results as the company’s PacSun concept posted a slight quarter comp sales results. This increase, however, was more than offset by large comp decreases at demo
Payless Expands into Premium with Stride Rite Deal…
Payless ShoeSource CEO Matt Rubel last week referred to the question about his intentions for the Stride Rite family of brands as “getting the elephant out on the table,” moving quickly to dispel any speculation about Saucony, Stride Rite, Keds, Sperry To
Mizuno Sees Americas Lead Sales Growth…
Mizuno Corp. reported that consolidated net sales increased 6.2% for the fiscal year ending March 31, 2006 to ¥161.70 billion ($1.38 bn) from ¥152.29 billion ($1.35 bn) last year. Operating income for the year increased 11.0% to ¥6.90 billion ($59.1 mm) f
MLB, MLBPA Extend Agreements with VF Imagewear…
Following its acquisition of Majestic Athletic in February, VF Imagewear, Inc. extended its strategic licensing agreements with both Major League Baseball Properties and the Major League Baseball Players Association. Specifically, the agreements cover aut
SIA: Specialty SnowSports Sales Flat for ’06-’07 Season
Specialty stores, buoyed by strong early and late season sales in the East and Midwest and consistently strong sales in the Rockies and West, finished the August through March selling season with $1.8 billion in sales, flat compared to last year's re
Hibbett Q1 Sales Up 5.5%, Net Income Falls 11.3%
Hibbett Sports, Inc. saw a 5.5% increase in net sales for the first quarter to $133.8 million from $126.9 million for the same period last year. Comparable store sales increased 0.7%. Net income for the first quarter was down 11.3% to $10.2 million from $
NFL, GSIC and QVC Ink Strategic Alliance
QVC, the National Football League and GSI Commerce Inc. have entered into a strategic alliance to create a new, multichannel marketing opportunity for NFL-licensed products. Under terms of the agreement, QVC will become the NFL's “official television
VF Imagewear Extends MLB License Agreements
VF Imagewear, Inc. announced that it has extended its strategic licensing agreements with both Major League Baseball Properties and the Major League Baseball Players Association. The agreements cover authentic, replica and fanwear products for all size ra
Study Highlights Boating Growth
One-third of U.S. adults went boating in 2006, an increase of 1.3 million Americans to more than 73 million, and spent approximately $16 billion on food, drinks, groceries, restaurants and fuel associated with their boating excursions, according to the an
Urban Outfitters to Launch ‘Greenhouse’ Inspired Retail Concept
Urban Outfitters, Inc. plans to launch a fourth retail concept, this time focused on lifestyle home and garden products as well as antiques, live plants and flowers. The chain will draw inspiration from greenhouses…
Payless to Acquire Stride Rite; Change Name to Collective Brands
Payless ShoeSource, Inc. has signed a definitive agreement to acquire The Stride Rite Corporation for approximately $800 million plus the assumption of Stride Rite debt. The all-cash offer of $20.50 per share represents a 32% premium over Stride Rite'
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