adidas annonced it has become the official sportswear sponsor of the 2012 Olympics in London. adidas will be the exclusive supplier of branded and unbranded sports merchandise to all London 2012 venues and stores and they will also provide apparel for the
Category: Outdoor
Everlast Closes Merger At $33 Per Share
Everlast Worldwide Inc. has completed and closed on the merger with Brands Holdings after receiving shareholder approval at a special meeting of Everlast's shareholders held on September 19, 2007. In the transaction, each issued and outstanding share
Nike Posts 51% Net Income Jump; Looks to Sell Hockey Biz
Nike, Inc. saw net revenues grow 11% for the fiscal first quarter, ended August 31, 2007 to $4.7 billion from $4.2 billion last year. Changes in currency exchange rates increased revenue growth by 3 percentage points for the quarter. First quarter net inc
NRF: Credit Crunch to Damper Holiday Sales
The National Retail Federation expects sales for the upcoming 2007 holiday season to rise 4.0% this year to $474.5 billion. The 2007 holiday sales increase is expected to fall below the ten-year average of 4.8%. It would represent the slowest holiday sale
Payless Names SVP, General Merchandising Manager, Int’l
Payless ShoeSource hired Scott Ramsland as senior vice president, general merchandising manager, international, reporting to Matt Rubel, chief executive officer and president, Payless…
Cocona Receives Capital Infusion
Cocona Inc. (formerly Traptek, LLC) has received a “major capital investment” from Fairhaven Capital, a leading early- and growth-stage venture capital firm based in Boston, Massachusetts. Sources at both Cocona Inc. and Fairhaven declined to disclose th
YES! Golf Becomes U.S. Distributor for Esoteric Golf
YES! Golf has reached an agreement to become the exclusive distributor of the Esoteric Golf Technology in the United States and Canada. As part of the agreement between the two companies, YES! Golf will use their distributor Hornung's Golf Products t
Everlast Shareholders Approve Merger
Everlast Worldwide Inc. announced that it has received shareholder approval of the acquisition of Everlast Worldwide Inc. by Brands Holdings, a subsidiary of U.K. retailer, Sports Direct. At a special meeting of Everlast's shareholders held Wednesda
Brunswick Names Deputy General Counsel
Brunswick Corporation appointed Kristin M. Coleman, 39, as its deputy general counsel and assistant secretary, reporting to Lloyd C. Chatfield, vice president, general counsel and secretary…
Modell’s To Open Stamford, CT Store
Modell’s Sporting Goods will celebrate the grand opening of a 20,000 square foot store located in Ridgeway Center at 2113 Summer Street, Stamford, CT from Thursday, September 27th through Sunday, September 30th…
BCA Adds European Technical Director
Backcountry Access, Inc. appointed Dieter Stopper as the company’s Technical Director for the European market. He is the newest addition to BCA’s continuing educational initiatives, adding another level of expertise to the company’s growing educational an
prAna Set to Open Stores in Boulder and Santa Clara
prAna announced that it will open its first retail stores in Boulder, CO and Santa Clara, CA this fall. In partnership with San Francisco-based Gensler, a leader in sustainable environmental design strategies, prAna has developed a store concept prototype
Dick’s SG in Deal to License RBK Brand for Apparel, ACG for Outdoor
Dick’s Sporting Goods continues to expand its “private brands” strategy, announcing Monday at the annual Bank of America Securities Investor Conference that they have inked a deal with Reebok to design, source, market, and sell Reebok athletic apparel und
Gildan Acquires Sock Manufacturer
Gildan Activewear Inc. has entered into an agreement to purchase 100% of the capital stock of V.I. Prewett & Son, Inc., a large U.S. private label supplier of basic family socks to U.S. mass-market retailers, which is located in Fort Payne, Alabama. The i
Signature Eyewear Inks New Credit Line
Signature Eyewear, Inc. announced that it has entered into a 30-month $4.8 million revolving line of credit with Comerica Bank. The facility replaces the company's term loans with Home Loan Investment Corporation…
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