Heelys Narrows Q4 Loss; Tightens Inventory
Heelys, Inc. narrowed its net loss for the fourth quarter as sales improved and the company’s operating loss improved to $5.7 million from $9.1 million in the year-ago period. Sales for the fourth quarter ended December 31 jumped 37% to $15.6 million from
Delta Apparel Acquires Gekko Brands from Ashworth, Inc
Delta Apparel, Inc. has acquired substantially all of the assets of Gekko Brands, the supplier of licensed and decorated headwear sold under the Kudzu and The Game brands. Prior to the acquisition, Gekko Brands was owned by Ashworth, LLC. Ashworth acqui
Gottschalks Inc. to Liquidate
Gottschalks, the department store chain based in Fresno, CA, will be liquidated after it failed to attract a buyer willing to operate the company going forward. A joint venture of liquidators including SB Capital Group LLC, Tiger Capital Group LLC, Great
L.L. Bean Furloughing 150 Call Center Workers
L.L. Bean is temporarily laying off 150 of its 200 employees working at its call center in Bangor, Maine, beginning in May. The retailer and cataloguer told Banger Daily News that this is typically a slow time of year, but it is even slower due to the st
It’s Jordan vs. Nike as The SportsOneSource “Brand Brackets” Reach Final Two
Nike, Inc. continued its dominance of the 2009 SportsOneSource “Brand Brackets,” by placing all four teams in the Final Four of the NCAA Men’s Basketball tournament, capped by Monday night’s showdown between North Carolina and Michigan State…
Rocky Extends Credit Facility
Rocky Brands, Inc. has amended its credit facility with GMAC Commercial Finance LLC to extend the facility’s maturity through Apr. 30, 2012. The credit facility was originally scheduled to mature on Jan. 5, 2010. The amendment also reduces the commitment
River’s End Inks Deal With TaylorMade-adidas
River's End Trading Co., based in Minneapolis, reached an agreement with TaylorMade-adidas Golf Company to provide the Ashworth golf apparel brand to the ad specialty market. Ashworth was acquired by TaylorMade-adidas last November…
Quiksilver Europe Makes Management Changes
Quiksilver Europe, based in St Jean de Luz, France, named Pierre Boccon-Liaudet as chief financial officer and José Cledera as chief operations officer. They will be reporting directly to Pierre Agnes, president of Quiksilver Europe and on a functional le
League of American Bicyclists Names Best Bike Shops
The League of American Bicyclists announced the 2008 Shops of the Year, as determined by its members. The League's Shops of the Year award recognizes outstanding shops for their commitment to customer service and dedication to encouraging cycling. Wi
Adrenalina, Pacific Sunwear End Proxy Fight
Pacific Sunwear of California Inc. said action sports retailer Adrenalina withdrew its nominees for Pacific Sunwear's board, ending a proxy fight. Miami-based Adrenalina had said it would nominate four candidates to the board, but withdrew its nomine
Great Outdoor Provision Co. Hires New Buyer
Great Outdoor Provision Co. has added Travis Zarins to its team of professional buyers. A manager for the company for the past 14 years, Zarins will now take on buying responsibilities for the North Carolina-based specialty retailer…
L.L. Bean Furloughing 150 Call Center Workers
L.L. Bean is temporarily laying off 150 of its 200 employees working at its call center in Bangor, Maine, beginning in May. L.L. Bean told Banger Daily News that this is typically a slow time of year, but it is even slower due to the struggling economy..
Gramicci Opens Boulder Showroom
Gramicci, the outdoor apparel company, has opened a showroom in downtown Boulder. As part of a soon-to-be-launched initiative called “Being There,” the new showroom is intended to make it easier for the company to “be there” and better service its retail
ASR Shifts 2010 Dates
Action Sports Retailer (ASR) is moving the dates for both of its 2010 trade shows. Events will continue to be held in San Diego, CA, with the fall buying event taking place February 3rd-4th, 2010 and the spring/summer seasons staging August 14th-16th, 201
Cannondale Shifts Manufacturing from Bedford, PA to Taiwan
Cycling Sports Group (formerly the Cannondale Sports Group) plans to consolidate all North American product development, marketing and business management functions for the four cycling brands Cannondale, Schwinn, GT and Mongoose to Bethel, CT. Bike frame
