SGB Executive Outdoor

Surefire, Advanced Armament to Meet in Court

Gun suppressor manufacturer SureFire, LLC filed a false advertising lawsuit in the Central District of California (Santa Ana Division), against Advanced Armament Corp…

RECALL: O’Neill Children’s Hooded Sweatshirts

The U.S. Consumer Product Safety Commission, in cooperation with the La Jolla Sport USA, of Irvine, CA, announced a voluntary recall of about 9,700 O'Neill children's sweatshirts with drawstrings. The jackets have a drawstring through the hood w

R.G. Barry to Make Levi Strauss Slippers and Sandals

R.G. Barry Corp signed a licensing agreement with Levi Strauss to make and market a new line of slippers and sandals under the Levi Strauss name. Slippers will launch in Fall 2009 with sandals to launch in Spring 2010…

Li and Fung Ltd. Posts 20% Sales Gain in 2008

Li & Fung Ltd. reported revenue grew 20% in its year ended Dec. 31, to HK$110.7 billion (U.S. $14.2 billion). The gains were due to “resilient organic growth” as well as a number of outsourcing deals and acquisitions. The Group’s core operating profit d

Nike to Trim Shipments from China, Vietnam; Close HI Niketown

Nike said it plans to stop orders from three footwear factories in China and one in Vietnam as the global downturn forces the company to trim output, acccording to published reports. Additionally, Nike will cancel shipments from several apparel contract p

Ironclad’s Q4 Revenues Slide 22.9%

Ironclad Performance Wear reported net sales for the fourth quarter of 2008 of $4.1 million, a decrease of 22.9% percent a year ago. The loss from operations declined to $170,000 compared to a loss of $444,000 during the same period in 2007…

Canoecopia Shows Paddling Still Recession-Resistant

Canoecopia is hosted by Rutabaga, The Paddlesport Shop, which has been presenting and hosting Canoecopia for more than 30 years. It has become something of a bellwether for the paddlesports industry, being the first major show of the season…

Orange 21 Reduces Compensation by 10%

Orange 21 has filed an 8-K with the SEC stating that on Mar. 13, 2009, the company temporarily reduced compensation for its U.S. employees, including its named executive officers, 10% for approximately the next three months…

Perry Ellis Posts Loss as Revenues Slide 10%

Perry Ellis International Inc. reported a net loss was $21.6 million, or $1.58 a share, compared with net income of $9.9 million, or 65 cents a share, a year ago. Excluding charges to reduce the reported value of certain trademarks and leasehold improveme

Polarmax Hires Two New Marketing Team Members

Longworth Industries, parent company of Polarmax, has added two new members to the Marketing team: Donny Stanley, Director Creative Services and Emily Carter, Marketing Product Manager…

Shoe Carnival’s Q4 Comps Decline 8.3%

Shoe Carnival's sales for the fourth quarter declined 9.4% to $156.9 million from $164.3 million last year, as comps decreased 8.3%. The family footwear chain lost $3.0 million, or 24 cents a share, in the period against earnings of $1.1 million, or

Eddie Bauer Posts Q4 Loss; Comps Drop 5.7%

Eddie Bauer Holdings, Inc. reported a net loss for the fourth quarter of $127.5 million, or $4.13 per share, compared to a net loss of $18.2 million, or 59 cents, a year ago. Adjusted EBITDA decreased to $54.0 million from $59 million for the fourth quart