Quiksilver Cuts 200 Positions Amid Restructuring
Quiksilver, Inc. said it is taking additional steps to reduce expenses in its Americas region as part of an overall restructuring effort “to reposition its business and in response to the continued decline in the consumer retail environment.” The company
New Balance Partners With 686 on Winter Collection
New Balance released a limited-edition collection featuring snowboarding brand 686 and New Balance called the 686 and New Balance Times Collection. The winter collection is composed of outerwear, footwear, boots and accessories…
Order Issued Against Eyewear Counterfeit Distributor
Luxottica Group S.p.A., the manufacturer of eyewear, announced the final order issued by the Consumer Protection Center of the Sharjah's emirate (United Arab Emirates) to destroy 143,700 counterfeited Ray-Ban sunglasses, found during a raid action at
Hartmark Files for Chapter 11 Protection
Hartmarx Corp., which makes the Jack Nicklaus, Bobby Jones and Lyle & Scott golf apparel collections, filed for Chapter 11 protection in an Illinois federal bankruptcy court, citing a “substantial decline” in sales to consumers and retailers as well as li
Coalision Partners with Kilmer Capital Partners
Coalision has entered into a partnership with Kilmer Capital Partners, a leading Canadian investment group. The association with Kilmer will provide Coalision and its management team with the financial and business resources to ensure the execution of its
Street Surfing Names VP of Sales and Marketing
Street Surfing, LLC has named James Nunziati VP of sales and marketing. Nunziati, a marketing, sales and business development executive in the consumer products and entertainment industry, brings more than 15 years of experience to Street Surfing, which m
NRF: Retail Sales to Decline in 2009
Retail industry sales – excluding those logged at automobile sellers, gas stations and restaurants – are expected to decline 0.5% this year, the National Retail Federation said in its 2009 economic forecast. This marks the first time that the trade group
Salomon Hires New Sales Reps
Salomon has added new sales reps for the new year. Koby and Stephanie Crooks will cover footwear and outdoor apparel in the South West, Bruce Diehl will add apparel to his other Salomon categories in New England and Adam Guile will take on footwear and ap
Sport Footwear Falls Short of Holiday Growth
After many of the publicly traded retailers reported last week, the Holiday 2008 retail business proved to be as disappointing as analysts and prognosticators had forecast. Though anecdotal evidence from much of specialty retail held slightly better resul
MAGIC, WSA See Shrinking Floor Plan
Advanstar Fashion Group is moving all of its South Hall resources to other parts of the Las Vegas Convention Center for its February MAGIC apparel trade show…
Chicago Cubs Sue Under Armour
The Chicago Cubs sued Under Armour for allegedly reneging on a five-year, $10.8 million sponsorship contract to have its logo displayed on the outfield doors in left- and right-center fields. Under Armour disputes the suit, claiming the agreement was term
Asics and Brooks in “Dead Heat” at Fleet Feet…
Brooks finally caught up to Asics at Fleet Feet last year, but New Balance, Saucony and Nike also gained market share at the chain. As reported (see SEW_0903), Fleet Feet's sales grew 14% to $86 million in 2008 on a 12% comp gain…
adidas Considers Closing Reebok HQ in U.K
adidas AG made two announcements last week, first reporting at an investor conference that it will meet its guidance for 2008, then reporting to local media in the U.K. that it is considering closing down its headquarters in Bolton…
Firearms Steal the 2009 SHOT Show as the “Obama Factor” Ignites Sales
A trade show is a trade show is a trade show, but there aren’t many out there with as broad an array of exhibitors as the SHOT Show. Lined up like dominoes and stretching wall to wall of the colossal Orange Country Convention Center were booths showcasing
SRI Sports Sales Jump on Boost from Cleveland Acquisition
SRI Sports., the new parent company to Srixon and Cleveland Golf, had a strong first three quarters of fiscal 2008 as the addition of the Cleveland business to the sales numbers has more than offset minor declines in smaller divisions. Nonetheless, the co
