Bushmaster Firearms Gets Alabama Department of Public Safety Contract
Bushmaster Firearms International, LLC was recently awarded a contract to supply the Alabama Department of Public Safety with three hundred of the company’s best-selling M4 Type Patrolman’s Carbine…
Nike Claims Van Halen Lawsuit Has No Merit
Nike Inc. said it believes the copyright-infringement lawsuit filed by guitarist Eddie Van Halen against the company had no merit. In a statement, Nike said, “Based on the information provided to us, we have not infringed on any rights held by Mr. Van Hal
Gaiam, Discovery Communications Sign Licensing Deal
Gaiam, Inc., distributor of lifestyle media and fitness accessories, has signed an exclusive home video license agreement with Discovery Communications. Under the three-year agreement, Gaiam will release programming from Discovery Communications networks,
Former Vans CEO to Succeed Kasaks as CEO of PacSun
Pacific Sunwear of California, Inc. said Gary H. Schoenfeld, who previously served as president and CEO of Vans, Inc. and Co-CEO and president of Global Brands Group, will become president and CEO of PacSun, effective June 29. Schoenfeld will succeed Sall
Ritchey Design Hires Sr. Marketing Coordinator
Ritchey Design has hired Angelo DiGiovine as its senior marketing coordinator. DiGiovine, former director of advertising solutions and partner relations at Sportgenic Inc., will work with the Ritchey team based out of the company's sales and marketin
Payless Opens First Store in United Arab Emirates
Payless ShoeSource and its franchisee partner, M.H. Alshaya Co. announced the grand opening of the first Payless ShoeSource store in the United Arab Emirates (UAE), with a 227-square-meter store located in Bawadi Mall, Al Ain…
Eddie Bauer Files Chapter 11 With Plan for Sale
Eddie Bauer Holdings Inc. filed for Chapter 11 bankruptcy protection Wednesday. As part of the filing, the company has an agreement to sell its assets to private-equity firm CCMP Capital Advisors LLC. CCMP reached an agreement to pay $202 million for the
Sportsman’s Warehouse Seeks Loan Amendment
The Sportsman's Warehouse, which is reorganizing in bankruptcy proceedings, is seeking to amend its DIP (debtor-in-possession) facility after defaulting on its credit agreement. The amended facility would enable the hunt and fish retailer to continue
Jimmy Choo to Design for HandM
Hennes & Mauritz plans to collaborate with British accessory brand Jimmy Choo on its next designer collection. The famed shoemaker will launch the collection in 200 H&M stores on Nov. 14, including shoes and bags as well as a women's clothing line to
Golf Town Appoints Marketing Chief
Golf Town, which operates 47 stores across Canada, appointed Ryan Brown as VP, marketing, to oversee branding and strategic business development. Prior to joining Golf Town, Brown served as VP of marketing for Second Cup Coffee Co, the largest Canadian-ow
Amer Sports Sees Challenges to 2009 Business
Amer Sports, the parent of Wilson, suggested in a release that its full-year outlook is “clouded by the uncertainty in consumer demand in general.” The company did say that pre-season orders in winter sports equipment for fall/winter are roughly flat to l
Gander Mountain Gains Loan Extension Until June 30
Gander Mountain extended the maturity date on its $10 million term loan with its two major shareholders from March 30 to June 30, according to its 10Q. The lenders under the agreement are Gratco LLC, an affiliate of David Pratt, chairman and interim CEO,
West 49 Narrows Loss on Healthier Margins and Sales
West 49 Inc. reported sales increased 4.9% in the first quarter ended May 2 to C$40.8 million (U.S. $36.9mm). The net loss in the period for Canada's action sport retailer narrowed to C$2.6 million ($2.4mm), or C4 cents a share, from C$4.2 million ($
NRF: Organized Retail Crime Sees Opportunity in Recession
As another illustration of the wide effect of the down economy, retailers and consumers are increasingly being victimized by organized retail crime groups. According to NRF’s fifth annual Organized Retail Crime survey, nine out of ten retailers (92%) repo
Adidas Sees Market Share Expansion in 2010
Speaking at the recent Adidas Football Day in Herzogenaurach, Germany, Herbert Hainer, CEO and Chairman of Adidas AG, suggested that the company will “further extend” its position in football (soccer) next year when the World Cup will take place in South
