VF Corp. is bracing for big price increases at its denim business, which contributes about 30 percent of its sales globally, according to comments by VF President and CEO Eric Wiseman at the Piper Jaffray conference…
Category: Outdoor
Pacific Sunwear to Focus on Women’s Biz, Footwear Re-Entry for Growth
At the Piper Jaffray Consumer Conference, management for Pacific Sunwear said the retailer hopes to continue building momentum from its first positive quarterly comp since 2007 by continuing a re-branding effort in its stores…
Sanuk Acquisition to Put Pressure on Simple
Deckers Outdoor Corp.’s proposed acquisition of the action sports brand Sanuk announced last month (SEW_1123) “now puts internal pressure on Simple to perform at a more accelerated rate,” said Decker’s Outdoor Chairman and CEO Ange
Newton Running Gets Cash and Talent Infusion
The man that once built Reebok into the world’s top athletic footwear brand in the 80s has set his sights on the natural running category with an investment in Newton Running…
Cramer Receives ESOP Nod
The ESOP Association has recognized Cramer Products, Inc., as a Silver ESOP Award winner. The Silver ESOP Awards honor companies that have sustained an employee stock ownership plan (ESOP) for 25 years or more…
Cabela’s Snyder to Transition to Advisory Role
Cabela's Incorporated's chief marking officer is transitioning into an advisory role effective July 1. Patrick A. Snyder, executive vice president and CMO, will transition from his current position and will become a special advisor to the CEO.
TPP Concerns Voiced
A bipartisan group of 52 Congressmen urged the Obama Administration to proceed cautiously in negotiations over the Trans-Pacific Partnership lest it trigger another wholesale shift of textile jobs from the Western Hemisphere to China via Vietnam…
VF Corp. to Acquire The Timberland Co. in $2B Deal
VF Corporation and The Timberland Company today jointly announced that they have signed a definitive merger agreement. VF will pay Timberland shareholders $43 per share, representing a total enterprise value of approximately $2 billion net of cash acquire
Puma NA Forms News Accessories Joint Venture
Puma has partnered with The Wheat Group, Inc. to create a joint venture, Puma Wheat Accessories, that will be fully focused on the development and growth of the U.S. accessories business for Puma…
Fireman Capital Partners Invests in Newton Running
Paul Fireman, the Founding CEO of Reebok International, and his company Fireman Capital Partners, returned to the business of high performance athletic shoes with a “significant investment” in Newton Running Co., a manufacturer of natural running footwear
Skullcandy Inc. Reports Fiscal Third Quarter Sales Spike As IPO Approaches
Skullcandy, Inc. which is in the midst of a $125 million IPO, filed a report with the SEC confirming that net sales for the third quarter ended March 31 increased $14.3 million, or 65.9 percent, to $36.0 million from $21.7 million for the three months end
PPR Gains Antitrust Approvals for Volcom Deal
PPR S.A., the parent of Puma, and Volcom, Inc. jointly announced that they have received all necessary antitrust approvals applicable to PPR's tender offer for all of the outstanding shares of common stock of Volcom at a price of $24.50 per share in
Nuun and Co. Appoints Mason Reay As President
Nuun & Co. appointed Mason Reay as its new president. In this role, Reay, who joined Nuun in 2010 as head of marketing, will expand his responsibilities to include oversight of finance, customer support, and business operations…
Paul Fireman’s PE Group Invests in Newton Running
Five years after selling Reebok to Adidas for $3.8 billion, Paul Fireman's private-equity firm is backing Newton Running Co., the Boulder, CO. maker of “natural” running shoes. Boston-based Fireman Capital Partners has invested between $10 million an
LIDS Sports Group Buys Buckeye Corner Stores
LIDS Sports Group has acquired Buckeye Corner stores, which operate in the Columbus, OH area. The acquisition is made up of four store locations, the e-commerce website www.buckeyecorner.com, and a catalog business. Terms of the acquisition were not discl