Polartec Names NA Marketing Manager
Polartec, LLC named Allon Cohne as its new North American Marketing Manager. Cohne will oversee the domestic marketing and communications for the Polartec brand. Cohne comes to Polartec from Kirkwood Mountain Resort in Lake Tahoe, CA, where he was Directo
Vail Resorts Board Ups Stock Buy Back Limits
In a big vote of confidence, Vail Resorts Inc.'s board of directors increased the company's common stock repurchase authorization by three million shares. The company has bought back 1.20 million of its shares since June 5, nearly exhausting lim
Gruppo Marzocchi Agrees to Sell Suspension Unit
Gruppo Marzocchi, an Italian-based supplier of suspension technology to mountain bike and motorcycle makers has entered into a preliminary agreement to sell its suspension business to auto components maker Tenneco Inc. Marzocchi provides suspension for mo
OIA: Outdoor Sales Up 12% in May
Total outdoor product sales in the United States reached $449 million in May, up 14% in units and 12% in dollars over May 2007, according to Outdoor Industry Association's Outdoor Topline Report. May marked the fifth straight month of overall sales g
Whitewater to Premier at OR Open Air Demo
Buyers will be able to sample rock climbing and whitewater gear at the Open Air Demo preceding the Outdoor Retailer Summer Market for the first time ever. The Wasatch Whitewater Chute-Out is being held Thursday, August 7, 2008 from 10 a.m. to noon on the
Callaway Golf Sees Q2 Profit Gain Despite Sales Decline
Callaway Golf Co. said it expects second quarter diluted earnings per share to range from 56 cents to 58 cents a share, an increase of approximately 8% compared to 53 cents earned a year ago. Sales are expected to fall 3.7% to $366 million from $380 milli
Finish Line Reinstates Quarterly Dividend
The Finish Line, Inc. has reinstated the quarterly cash dividend program with a 20% increase to 3 cents per share of Class A and Class B common stock. The first quarterly cash dividend will be payable on Sept. 15, to shareholders of record on Aug. 29. The
Tandem Shareholders Asked to Pay off Deficit
Two months after reporting a 70% increase in profits, Tandem Group plc, is asking shareholders to let it use $10.6 million set aside to pay dividends and fund stock buybacks to pay off its deficit. The British maker of bicycles, golf gear, toys and other
Knights Apparel Names President and COO
Knights Apparel Inc. has named veteran apparel and home textiles industries executive Donnie Hodge as president and COO. Hodge was most recently COO of the Gerber Childrenswear division of Kellwood Co. In his new post, Hodge will be responsible for runnin
Ever-Glory to Start Trading on AMEX Wednesday
Ever-Glory International Group, Inc. said its Chairman and CEO Edward Yihua Kang has been invited to ring the opening bell at the American Stock Exchange at 9:30 a.m. EDT on Wednesday, July 16, 2008, to celebrate the listing of the company on the exchange
Sears Names New Head of Apparel
Sears Holdings Corp. hired Craig M. Israel, formerly president and CEO of Robinson's-May/Meier & Frank, as senior vice president at the corporate level and president of apparel for Sears. He will report to Bruce Johnson, interim CEO of the parent com
Lorpen, Lenzing Ink Exclusive Supplier Deal
Lenzing AG has become its exclusive supplier of Lyocell and modal fibers for Spanish sock maker Lorpen’s 2009 sock collection. Lenzing will provide three fibers for Lorpen – Tencel, Lenzing Modal and MicroModal. Tencel is made of eucalyptus wood, whle Mod
Comps Grow in June as Consumers Search Out Deals in Value Channels
Fiscal June proved to be a stronger month than anticipated by many industry observers as the first sustained period of warm summer weather met with the arrival of government stimulus checks to drive positive comparable store sales growth…
Cramer Acquires Active Ankle Systems, Inc.
Cramer Products, Inc. has acquired Active Ankle Systems, Inc. Active Ankle is a manufacturer of ankle braces used by professional and amateur athletes…
KEEN Opens New European Office
KEEN Inc. opened its new European headquarters to support the brands' continued international growth and expansion. The office, located in Rotterdam, Netherlands, will support all aspects of the KEEN business in Europe…
