Kokatat, the paddlewear and accessories company, launched its official blog: http://blog.kokatat.com. The Kokatat blog will offer readers content from Team Kokatat (sponsored whitewater and sea kayakers), Kokatat Ambassadors (supported athletes from withi
Category: Outdoor
Billabong to Acquire Swell.com
Billabong International Limited announced it has entered into a conditional agreement to acquire the United States-based online boardsports retailer Swell.com (Swell). Swell, founded in 1999, is a online retailer in the US boardsport sector and sells many
DSW Doubles Earnings, Comps up 8.7%
DSW Inc. doubled its earnings per diluted share in the quarter ended Oct. 31 on the strength of 8.7% comp store sales gains. The company reported net income doubled to $26.6 million on net sales of $444.6 million, up 13.5% from the the quarter ended Oct.
Smith Optics Named Utah Manufacturer of the Year
Smith Optics was named by Manufacturing Extension Partnership (MEP) as Utah’s Manufacturer of the Year for Innovation and Technology Commercialization…
Adidas Urged to Keep NBA Uniform Production in USA
Sen. Charles Schumer (D-N.Y.) urged adidas AG to maintain its NBA jersey production at American Classic Outfitters Inc. in Perry, NY, rather than ship the work overseas. Adidas had previously notified its U.S-based manufacturers — including American Class
Easton-Bell Sports Sells $350 MM in Notes
Easton-Bell Sports Inc on Friday sold $350 million of senior secured notes in the 144a private placement market. The size of the deal was increased from an originally planned $325 million…
Cleveland Golf Names Product Manager for Women’s/Juniors
Cleveland Golf/Srixon said Jilayne Lovejoy has been promoted to the position of product manager for the Women’s & Junior categories. Lovejoy, who began her career at Cleveland Golf as an intern in the marketing department, has also served as a buyer
SandP Lowers Foot Locker’s Debt Ratings
Standard & Poor's lowered the debt ratings of Foot Locker Inc. one notch to B+ from BB-. The rating agency cited operational challenges due to poor same-store sales and eroding credit-protection measures…
NRF Sees 134 MM Black Friday Shoppers
According to a preliminary Black Friday shopping survey, conducted for the National Retail Federation by BIGresearch, up to 134 million people will shop this Friday, Saturday or Sunday, higher than the 128 million people who planned to do so last year. Ac
TAG Signs Factoring Pact
Total Apparel Group, Inc., a master distributor and licensee of international trademarks in the branded apparel, footwear and accessories sectors, entered into a receivables factoring agreement with Coral Capital Solutions that will expedite the cash flow
Russell Agrees to Re-Hire Honduran Workers
With leaders of the long-running anti-sweatshop movement heralding it as their biggest victory to date, Russell Athletic agreed to open a plant in Honduras as a unionized factory and rehire 1,200 workers who had lost their jobs when Russell closed a facto
PacSun Q3 Sales Fall 17.1%; New CEO Outlines Initiatives to Revitalize Business
Pacific Sunwear of California, Inc., which has struggled profusely thus far in the fiscal 2009, outperformed most analysts estimates for the third quarter but warned investors that Holiday 2009 would be weaker than originally predicted…
Golf a Bright Sport in Tough Third Quarter for Perry Ellis
Perry Ellis, Inc. sales fell 19.7% to $178.6 million in the third quarter from $222.8 million in the year-ago period. Nearly all the decline came from the exit of businesses, including the PING golf apparel line, Dockers outerwear as well as certain priva
New Pack Brands From VF Outdoor Aimed at Club and Other Mass Channels
VFC is launching two new backpack brands, Wolf Creek and L8R, in an effort to address a broader audience and leverage the company’s strong sourcing structure. The two brands were created to help retailers in both existing and new channels who have b
Deckers Wins Ugg Copyright Lawsuit
Deckers Outdoor Corp. won a copyright infringement lawsuit against a Melbourne, Australia firm over the sale of counterfeit Ugg boots. An Australian court has ordered the company, Hepbourne, to pay Australian $7.5 million (U.S. $6.9 mm) to Deckers…