PVH to Acquire Speedo Parent Warnaco Inc.
PVH Corp. (PVH) and The Warnaco Group, Inc. (WRC), parent of Speedo, have entered into a definitive merger agreement pursuant to which PVH will acquire Warnaco. The transaction values Warnaco at approximately $2.9 billion, and with over $8 billion in pro
Nike Pulls Nike+Training from Full-Price Stores for Retooling
Nike has removed all Nike+Training shoes from its full-price stores and sent them to its factory outlet stores just four months after they went on sale, reports The Oregonian newspaper…
Polartec Names New CEO and CFO
Polartec, LLC appointed Gary Smith CEO and Joe Robinson as CFO, successfully completing the management succession process announced in July. Smith previously served as president of the Outdoor Group for The Timberland Company, while Robinson…
Iconix Launches Securitization
Iconix Brand Group, Inc. announced the intention of certain of its subsidiaries to launch a new securitized financing program, expected to consist initially of $500 million of senior secured term notes and $100 million of variable funding notes…
Kokotat Extends Contest Deadline for Companies Affected by Storm
Kokatat extended the deadline for 2013 American Made Outdoor Gear Awards entries to Friday Nov. 9 to accomodate companies that may be recovering from Hurricane Sandy…
Groupe Go Sport Reports Comps Rose 4.9 Percent in Third Quarter
French retailing giant Rallye reported sales at its Groupe Go Sport business, which operates one of the largest chains of sporting goods stores in France, reached €189.2 million ($237 mm). Same store sales rose 4.9 percent in currency-neutral (c-n)
Frankenstorm Closes Stores, Opens Ski Areas
Frankenstorm closed many stores Monday and Tuesday along the Eastern Seaboard from North Carolina north to Connecticut, but also delivered more than a foot of snow in the southern Appalachians. The snow will enable some ski areas to open weeks earlier tha
Feds Seize Counterfeit San Francisco Giants Apparel
Agents with the U.S. Department of Homeland Security (DHS) seized nearly 1,200 items of counterfeit MLB clothing being offered for sale by vendors on San Francisco streets Monday following the San Francisco Giant’s sweep of the World Series, accordi
Cliff Keen Announces Partnership with USA Wrestling
Cliff Keen Athletic and USA Wrestling have announced a strategic marketing partnership and media package with USA Wrestling, the national governing body of the world’s oldest sport. Cliff Keen will showcase its wrestling-specific brand to the large
Eagle Creek Reports Big Turnout for Semi-Annual Service Project
Eagle Creek said 83 percent of its headquarters employees participated in an Oct. 25 service project with Buena Vista Audubon Society during the company's latest semi-annual Service Day…
Retailers Sues Facebook Over Ads for Fake NFL Gear
Inkies Sports, Inc, doing business as Krystal’s NFL Shoppe of Albuquerque, NM, has brought a class-action lawsuit on the behalf of all officially licensed NFL wholesalers and retailers who have been harmed by counterfeiters advertising on Facebook.
Skis.com Launches Industry’s First Virtual Shop-in-Shop
Skis.com launched its first custom microsite in partnership with K2. The microsite is essentially a virtual shop-in-shop, where customers can explore a hand-picked selection of K2’s latest snow gear in an exclusive branded environment designed by S
Scheel’s Amplifies Social Media Presence with In-store Photo Booth
Scheels is harvesting a social media bonanza from a new kiosk it installed at its Sandy, UT store that enables customers to take pictures of themselves against a variety of backgrounds using augmented reality kiosk and then share them via e-mail…
Beijing AIC Fines Nike for Having Double Standard
Nike has been fined 4.87 million yuan ($779,700) for deceptive advertising in China, according to the Beijing Administration for Industry and Commerce recently. According to Want China Times, a model of Nike basketball shoes that sell for 1,299 yuan ($208
Bergans Sponsors Banff Mountain Film Tour
Bergans of Norway has signed on as a major partner of the 9th annual Banff Mountain Film Festival Radical Reels Tour, a traveling film festival of the best high-adrenaline films from the 2012 Banff Mountain Film Festival. Bergans is also…
