VF Reaffirms Guidance for Q4
VF Corporation reaffirmed its guidance for record fourth quarter revenues and earnings, which were initially provided on October 18, 2007…
Investor Group Urges Kellwood to Reconsider Sale
CtW Investment Group on Wednesday called on the board of Kellwood Co. reconsider a sale of the company. In a letter to Kellwood presiding director Harry Weinberg, CtW criticized the St. Louis-based apparel company's board for failing to 'open a
True Temper Division Partners with Miura Golf
True Tempers' elite Tour Concept club maker network has formed an alliance with the premier component head manufacturer, Miura Golf, and its' network of specialty fitters. This affiliation is expected to elevate the custom fitting programs for b
Toray and Patagonia Launch Nylon 6 Recycling Program
Toray Industries decided to jointly implement a chemical recycling process for nylon 6 in garments made by Patagonia. The companies, becoming the first ever to initiate these endeavors, intend to start recycling with the 2008 spring-summer collection of s
Gregory to Move Headquarters to Sacramento
In a move more than a year in the making, Gregory Mountain Products will relocate to Sacramento, CA in early 2008. The move – and Gregory’s separation from its sister company, Bianchi International – will allow it the freedom to operate as an independent
NGF: October Rounds Played Increase 5.1%
According to the National Golf Foundation, October rounds played in the U.S. increased 5.1% on a same-store basis over the same month last year, which brought year-to-date performance into positive territory (+0.3%). As usual, play days correlated with pe
Lululemon to Stop Selling Plastic Bottles Containing Bisphenol
Lululemon Athletica Inc. will stop selling plastic water bottles that contain bisphenol A, a chemical which studies have linked to infertility and cancer. According to an environmental advocacy group, the yoga-inspired retailer will become the second-majo
K-Swiss Signs Tennis Star Tommy Haas
K-Swiss inked an endorsement deal with internationally acclaimed tennis player, Tommy Haas. The German-born player has over 11 career ATP titles with a career high ranking of #2 in the world…
Amer Changes Segment Reporting
Amer Sports is changing its segment reporting to three product categories from four branded segments. The redefined business segments are: Winter and Outdoor; Ball Sports; and Fitness. The former segment reporting consisted of Salomon, Wilson, Precor, Ato
Puma Forms Croatia Subsidiary
Puma AG said it formed a subsidiary in Croatia, to be called Puma Sport Hrvatska as part of its plan to expand into new markets. A former Nike divisional manager will head the operation. Puma Sports Hrvatska, to be based in Zagreb, will start operations o
Under Armour Looks to Expand Workforce and Workspace
According to local reports, Under Armour Inc. plans to significantly expand its work force, adding approximately 300 new members to its current 450-strong workforce. To help cope with this increased headcount, the company plans to renovate warehouse space
Mervyns’ CEO Resigns
Mervyns' chief executive officer Rick Leto has resigned after three years on the job. Leto was instrumental in downsizing the chain and refocusing it on moderate prices and minority populations. Charles Kurth, currently senior vice president and chie
West Marine Appoints New CEO
West Marine, Inc.’s Board of Directors has named Geoff Eisenberg to the position of president and chief executive officer, succeeding Peter Harris who resigned from the Company. Mr. Harris has agreed to assist during the transition through the end of the
The Walking Co. Plans 8 New Openings Before Holidays
The Walking Company has opened seven new stores in November with an additional eight new locations scheduled for pre-holiday opening. These new store openings are in addition to the eight locations to be acquired in the pending purchase of the Natural Com
Element 21 Golf Signs Endorsement Deal with Maltbie
Element 21 Golf Company has signed a two-year endorsement agreement with 5-time PGA winner and NBC golf commentator Roger Maltbie. Under the terms of the contract, Mr. Maltbie will endorse Element 21 Golf equipment including golf club shafts, golf club dr