Adrenalina Retains Financial Advisor
Adrenalina, the action sports store, has retained investment bank Financo, Inc, a New York investment firm, to assist to explore and pursue strategic alliances to enhance the company’s growth initiatives. Earlier this year, Adrenalina announced an aggress
Aetrex Acquires Fitracks
Aetrex Worldwide, Inc. said it acquired Fitracks Inc., the supplier of the foot scanning hardware it uses to help dealers sell its footwear at retail. The deal gives Aetrex full ownership and control over the patented footcare technologies that retailer c
A4 Launches Custom Uniform Division
A4, the Los Angeles-based athletic sportswear manufacturer, has introduced a new “A4 Custom” uniform program aimed at the Team Dealer. The custom uniform division will be added to its already vibrant “A4 Express” stock uniform divisions…
Suntech Optics Appoints President
Suntech Optics, based in Vancouver, appointed James B. Murray as president and COO. Murray joined Suntech, which also owns Bugaboos Eyewear, as COO in January 2007. Prior to entering the eyewear industry, he worked for Costco Wholesale and SAM'S CLUB
Shoe Pavilion Receives Nasdaq Warning
Shoe Pavilion, Inc. received a written notice from The Nasdaq Stock Market (“Nasdaq”) on June 19, indicating that the company has failed to comply with the minimum bid price requirement for continued listing on the Nasdaq Global Market. The bid price of i
Report: Steve and Barry’s Faces Liquidity Crisis
Steve & Barry's is seeking financing of about $30 million to avoid filing for bankrptcy sometime in the next month, several creditors, bankruptcy lawyers and retail experts familiar with the matter told the Wall Street Journal. The closely held retai
Balance Bar to Recycle Wrappers
Balance Bar is joining the Energy Bar Brigade, which is designed to reduce the amount of energy bar wrappers going into landfills while educating people about the benefits of reusing waste materials. For each wrapper returned two cents will be donated to
Mission-Itech Names Ghassemi as Director of Marketing
Randy Burns, VP of marketing/team business, has decided to leave his position with Mission-Itech to pursue other opportunities. Following Burns' departure, the company reported that Holmes Ghassemi, will be joining Mission-Itech as director of market
OIA Expands Marketing Team
OIA has hired Scott Chavkin as its new director of marketing and communications to oversee all aspects of the association's day to day marketing and communications needs…
Sherwood-Drolet Now Under New Ownership and Leadership
Carpe Diem Growth Capital has received court approval to purchase all the business assets relating to the Sher-Wood and SWD branded hockey sticks as well as all hockey related equipment currently manufactured and or distributed by Sherwood-Drolet Ltd in S
Reebok Opens Sports Equipment Store
Reebok International plans to open its first-ever sporting goods store in August at Patriot Place in Boston. The Foxboro store will be Reebok’s only retail location in the world where it sells its sports equipment side by side with its footwear and clothi
Tony Hawk Foundation Launches East Coast Benefit
The Tony Hawk Foundation will expand its annual star-studded Activision Presents Stand Up For Skateparks benefit to include an event in Bridgehampton, New York on August 10. Proceeds from Activision Presents Stand Up For Skateparks help create free, quali
Dennis to Become Genesco CEO
Robert J. Dennis, president of the Genesco Inc., will assume the additional role of chief executive officer, effective August 1, 2008. Chairman and CEO Hal N. Pennington will continue as executive chairman of the company. Dennis was named president and c
VF Corp. Names Head of Sportswear Coalition
VF Corporation promoted Karen Murray to president of its sportswear coalition, effective immediately. The sportswear coalition, which is based in New York City, includes the Nautica, Kipling (U.S.) and John Varvatos businesses…
Report: 20% of Athletic Goods Are Fake
Demand for fake fashion continues to grow at an alarming rate according to a new report from just-style, with captured shipments indicating that around 20% of all athletic merchandise is fake, according to a report by the British publishing and research f
