Iconix Acquires Rocawear
Iconix Brand Group, Inc. has entered into a definitive agreement to purchase the brand Rocawear. The purchase price will be $204 million in cash with contingent payments of an additional $35 million of Iconix stock based upon the brand surpassing certain
Nike Launches College Basketball Uniforms
Nike launched the new System of Dress basketball uniforms this week at men's basketball conference tournaments around the country. Ohio State, Arizona, Syracuse and Florida are expected to sport the new look at their respective conference tournaments
Patagonia’s Reno D.C. Receives LEED Gold Certification
Patagonia's Reno Service Center was recently honored with the GOLD level Leadership in Energy and Environmental Design (LEED) certification from the U.S. Green Building Council. With this certification, Patagonia's distribution center becomes on
Stride Rite CEO To Retire in 2007
The Stride Rite Corp, the owner of Saucony, Hind and Keds, announced that long-time CEO, David Chamberlain plans to retire in 2007 from his position as CEO. Chamberlain, 63, will continue to serve as chairman and CEO until a replacement has taken office,
Payless Adds to ‘House of Brands’ with Collective Acquisition
Payless ShoeSource plans to acquire privately held Collective International, LP. The purchase price is expected to be approximately $91 million, subject to customary purchase price adjustments to reflect the current assets and total liabilities at closing
Payless Acquires Collective International
Payless ShoeSource plans to acquire privately held Collective International, LP, Denver, a brand development, management and licensing company with a strong youth lifestyle and board sport-inspired brand portfolio including Airwalk, Vision Street Wear, La
Heelys Posts Triple-Digit Sales Growth for Q4, 2006
Heely's, Inc. reported a 377% jump in net sales for the fourth quarter to $71.1 million from $14.9 million in the year-ago quarter. Net income jumped 700% over the same period to $11.5 million versus $1.4 million a year ago, with diluted earnings per
Franklin Sports Underwrites SGMA Spring Market
Access to SGMA Spring Market is extended free of charge to all attendees registering through March 31, thanks to Franklin Sports, which is generously underwriting this month’s attendee registration fees – a savings of $50 per attendee.
Franklin Sports to Cover Tab for Early SGMA Spring Market Registrees
Franklin Sports has agreed to pick up the tab for all attendees of the SGMA Spring Market registering through March 31. The registration fee costs $50…
Nike Donates $175000 to Partner with Special Olympics Oregon
Nike has donated $175,000 to Partner with Special Olympics Oregon in creating “NikeGO Special Olympics Oregon Youth Games. The first-of-its-kind event will bring more than 500 special athletes to the Nike campus for one-day events in May and October, 2007
New Balance Donates $100,000 to Athlete Mentoring Program
The New Balance Foundation has donated $100,000 to The National Football Foundation & College Hall of Fame (NFF) to support four New England high schools enrolled in Play It Smart program. The mentoring program has worked to change the lives of thousands
Puma Sponsors Red Bull Motorsports Teams
PUMA will become the official supplier for all four Red Bull Motorsport teams: Red Bull Racing, Scuderia Torro Rosso, Red Bull Nascar and Red Bull Air Race. With this new partnership, PUMA will strengthen its position in the motor sport category…
Brunswick Confirms Guidance; Life Fitness Subsidiary Inks iPod Deal
Brunswick Corporation SVP and CFO Peter G. Leemputte has reconfirmed the company's previously announced earnings estimate of $1.65 to $2.00 per share from continuing operations for 2007. In 2006, on a comparable basis, the company reported diluted EP
Iconix Ups Guidance After Doubling Q4 Revenue
Iconix Brand Group, fourth quarter licensing revenue more than doubled to approximately $26.9 million compared to approximately $12.4 million in the prior year quarter. Net income and fully diluted earnings per share as reported on the Company's inco
Smartwool Announces Rep and Agency of the Year Awards
SmartWool's inaugural Rep of the Year and Rep Agency of the Year Awards, were given to Matt Ronca from the Hawk Sales Group, and the Alpert Tebrich agency of California. The awards were given based on growth, strategic planning and brand support, pro
