Univ. of Minnesota Cuts Russell Contract
The University of Minnesota announced Friday it will join other schools in cutting its ties with Russell Corp. over allegations that the company closed a factory in Honduras and laid off workers who were trying to unionize…
Crocs Appoints Board Member
Crocs, Inc. has appointed Stephen Cannon to the board of directors…
Danner Receives Military Contract
LaCrosse Footwear, Inc.'s Danner® subsidiary received a new $6.7 million delivery order from the U.S. Army for the Danner Combat Hiker boot. Danner anticipates delivering this order of the Combat Hiker boot beginning in April through August of this y
Pacific Brands Restructures As H1 Sales Down 2.9%
Pacific Brands is implementing a new strategy – Pacific Brands 2010 – in which it will discontinue some of its smaller labels and brands to reduce complexity and cost and divest some non-core businesses and facilities, some as going concerns. These change
Warnaco’s Q4 Sales Dip 4.4%
The Warnaco Group, Inc., the parent of Speedo, saw net revenues fall 4.4% to $445.9 million in the fourth quarter. The company, which also produces Calvin Klein jeans and underwear, showed an operating loss was $12.0 million in the period, which included
G-III, Foundry Accessories Enter Licensing Agreement
G-III Apparel Group, Ltd. said is has entered into a long-term men’s accessories license for its Andrew Marc and Marc New York brands with Foundry Accessories, LLC…
Hanesbrands Revises Earnings Growth Forecast
Hanesbrands Inc., the parent of Champion and Duafold, said it does not expect to achieve its earnings target in 2009 and that it its amending its credit facility. The company predicted low to mid-teen percentage unit volume declines in early 2009 amid low
Iconix Reports Q4 Earnings Fall 10%
Iconix Brand Group, Inc. said revenue for the full year ended Dec. 31. 2008 increased 35.5% to approximately $216.8 million, as compared to approximately $160.0 million in the prior year…
OBIT: Founder of Crazy Creek Rob Hart Dies in Ski Accident
Robert “Rob” Dixon Hart, 51, of Red Lodge, MT, died Feb. 20 in a skiing accident on Red Lodge Mountain. Hart founded Crazy Creek Products with his first wife Louise “Weezie” Chandler in Red Lodge, MT in 1988…
Billabong Posts Strong Sales Growth, But Margins Suffer
Billabong reported that first half net sales jumped 22.1% as healthy growth in the company’s home Australasian market was outpaced by stronger gains in the Americas and Europe. Net sales grew to A$808.6 million ($632.6 mm) from A$662.0 million ($575.2 mm)
Wall Street Icon John Shanley Loses Battle with Cancer
John Shanley, the top-ranking veteran footwear and retail research analyst at Susquehanna International Group, passed away last Sunday, after battling with bladder cancer for more than four years. He was 65 years old. Shanley had 25+ years of experience
High Sierra Acquires Mervyns Registrations for Trademark
High Sierra Sport Company has acquired all Mervyns registrations for the trademark High Sierra. The purchase price of the sale was undisclosed. High Sierra is first and foremost a bag/luggage company and steadfast about not entering either the footwear or
GSI Commerce to Hold Three Investor Conferences
GSI Commerce Inc. said it is scheduled to participate in three investor conferences during February and March.
Deuter Becomes bluesign Member
Deuter has officially become a bluesign member. With this membership, Deuter's products are designated as meeting strict international requirements regarding sustainability, health and safety (EHS). All bluesign products guarantee the use of componen
Report: Sport Footwear Sales Were Flat in 2008
The SportsOneSource Group is projecting that Sport Footwear sales remained relatively flat in fiscal 2008. The industry market research firm and trade publisher released preliminary estimates that Sport Footwear sales grew just 0.3% to $18.4 billion in f
