Perry Ellis Slashes Outlook for Q4
Perry Ellis International, Inc. announced that, based on preliminary results from its holiday season and estimates for initial deliveries of Spring 2009 merchandise, the company anticipates revenues for the fourth quarter ending Jan. 31, 2009 at the $200
SIA: Snow Sports Sales Up 3% in Fall
According to SnowSports Industries America's (SIA) exclusive research, the snow sports market remained healthy with 3% growth August to November. Snow sports sales surpassed $917 million as the overall retail market faltered in the recession's n
Timberland Sponsors Sundance Film Festival
The Timberland Co. has become the Official Footwear and Outerwear Sponsor of the 2009 Sundance Film Festival, taking place Jan. 15 to 25 in Park City, Salt Lake City, Ogden and Sundance, UT. In its sponsorship role, the brand will exclusively provide foot
Vantage Apparel Partners with Greg Norman Collection
Greg Norman Collection has entered into a licensing agreement with Vantage Apparel to sell and distribute GNC apparel into the corporate sales channel. Product design, sourcing, quality control and related matters will continue to be overseen by Greg Norm
Best of the MandA Rest (Year in Review)
K-Swiss Inc. plans to acquire French fashion footwear company Palladium SAS. The company will buy a 57% stake in Palladium from Palladium shareholders by July 1 at a price of €5.3 million, or $8.3 million, including a loan of €3.6 million, or $5.6 millio
2008 Was Rough, But What Exactly Will 2009 Look Like for the Industry? (Year in Review)
With the popping of the housing bubble quickly wreaking havoc across Wall Street and global economies, the sporting goods industry suddenly faces its biggest challenge since the Great Depression…
Obituaries (Year in Review)
The sporting goods industry bid farewell to several longtime industry stalwarts this year, including William “Bill” Modell, chairman of the board of Modell’s Sporting Goods, who died February 14, 2008, in New York. He was 86 years old. Under his leaders
Court Cases of the Year (Year in Review)
Typically, the legal domain matters little in a year-in-review as the cases though lost or won, usually are limited in scope to particular patents or trademarks. However, two major cases drew the attention of the industry as a whole and might very well ha
L.L. Bean Holiday Sales Weak; Plans Layoffs
L.L. Bean is considering several cost cutting moves, including layoffs, after posting a double-digit drop in sales over the holiday period. In an e-mail to employees first obtained by the Times Record newspaper in Maine, Chris McCormick, president and chi
OBIT: Former Founder of NWTF Dies
Tom Rodgers, founder of the National Wild Turkey Federation (NWTF), passed away Dec. 25 at the Edgefield County Hospital after a long battle with cancer. Rodgers, 64, was survived by his mother, his son Mark and two sisters…
Acushnet Vows to Press Ahead with Appeals to Pro V1 Ruling
Acushnet Company, the golf business of Fortune Brands, Inc., announced that it will move forward with the appeals process following denial of its request for a stay of an injunction regarding certain Titleist Pro V1 golf balls…
California Pro Sports Forms Joint Venture
California Pro Sports, Torrance, Cal. team dealer,, announced a unique joint venture with Tyler Sports, Inc., operated baseball/softball training facilities, and The Perfect Fit, a sports marketing firm. The venture will enable the three regional compani
Johnson Outdoors Amends Debt Agreement
Johnson Outdoors Inc. completed an amendment to its existing debt agreements. Among other items, the amendment provides for greater flexibility with respect to financial metric covenants through the end of the company's 2009 fiscal year…
Sheri Poe Out at MBT
MBT reports that Sheri Poe will no longer serve as CEO of U.S. operations. Ken Pucker, who was named interim global CEO in early November, will assume her responsibilities for managing the U.S. entity of MBT…
Fleet Feet Holds National Franchise Conference, Launches New Format
Fleet Feet, Inc., the nation’s leading franchisor of running specialty stores, met in Dallas this week for its annual Winter Franchise Conference. Franchisees from 30 states attended workshops and an exclusive trade show which marked the first year of a n
