Airwalk Foreclosure Plan Stymied at 11th Hour…
Airwalk International’s parent company, Sunrise Capital Partners, almost made it to the finish line in their bid to buy the troubled company out of foreclosure on Friday, but they were stymied at the eleventh hour by a group of Asian factories and an agen
Pacific Sunwear Sees the Fleecing of America’s Teen Consumer…
The warmer weather in late October may have put a damper on some hot “cool weather” categories for Pacific Sunwear’s two retail concepts, but November is starting to shape up again, with the fleece category driving increases at both PacSun and d.e.m.o. N
Margins Help Adams Golf Pare Q3 Loss…
The combination of rising sales and improved efficiencies had an obvious impact on the bottom line at Adams Golf, with the company posting a narrowing its Q3 loss to $343,000 from a loss of $4.3 million in the year-ago period. Total net sales increased 3
Lower GM Hurts Golfsmith Q3 Profits…
Golfsmith International saw net income for the third quarter fall 70.6% to $1.1 million from $3.4 million in the year-ago period. Net income from U.S. operations contributed 85.3% of total earnings, while Canada operations contributed 10.4% and Europe pro
Warnaco Looks for More from Speedo…
Speedo parent Warnaco said that the company’s swimwear group always runs losses in the third quarter since the company sees just 10% of its total year revenues for the division in Q3. But the operating loss widened for the period to $8.6 million from $3.
Can Everlast Expect to Ride Bling Bling to Better Results?
Everlast Worldwide is putting its name on everything these days — with a new jewelry line and a new fragrance the latest additions — in an attempt to bolster licensing revenues even as product sales continue to fall. Third quarter net sales for the com
New Balance Talks on China Strategy…
In an exclusive interview with Sports Executive Weekly, New Balance Athletic Shoe president Jim Tompkins threw water on a Chinese newspaper report that suggested that New Balance would open 70 stores in China by the end of next year.
Gildan Moves into Georgia; Major Investor Divests Over Labor Issues…
In its ongoing battle with Russell Corporation in the Artwear/Careerwear category, Gildan Activewear Inc. has formed a 50-50 joint venture with Frontier Spinning Mills Inc. to acquire the assets of a yarn-spinning facility in Cedartown, GA for $12.5 milli
Krueger to Run CAT Footwear Business for Wolverine
Wolverine World Wide announced that Blake W. Krueger, the Company's Executive Vice President and General Counsel, will assume responsibility for the global CAT Footwear business. In this new capacity, Krueger will continue to report directly to Timo
Atlas Expands Winter Women’s Workshops
Atlas Snow-Shoe Company expands its Explore Winter Women's Workshops this season to include more venues nationwide. Presented by world-renowned adventure athlete Cathy Sassin, each indoor Explore Winter workshop will teach women everything they need
Life Link Adds New Link
Life-Link, the leading manufacturer of backcountry travel gear, is proud to announce that world-renowned professional snowboarder, Travis Rice has signed with the company to promote its Avalanche Safety Gear and to help form Life-Link's New Avalanche
Nalgene Brings In New Sales Director and Manager…
Nalge Nunc International, manufacturer of NALGENE Brand Products named Margaret Gregory to Director, Sales and Marketing, and promoted Brian Warren to Sales Manager, both for the company’s NALGENE Consumer Products…
Reebok Signs Stojakovic to Footwear Deal
Reebok has signed a multi-year endorsement agreement with Sacramento Kings' phenom Predrag “Peja” Stojakovic. Widely considered one of the best shooters in the league, Stojakovic is the reigning “NBA All-Star 3 Point Shoot-Out” champion for 2003 and
KHS Offers New Financing Package
KHS and American General Finance (AGF) have joined forces to provide retailers with financing for their customers for the purchase of KHS and/or Free Agent Bikes…
Everlast Q3 Net Income Falls 75% on 4.9% Sales Decline
Everlast Worldwide Inc. reported net sales declined 4.9% to $16.1 million for the third quarter ended September 30, 2003, compared to $16.9 million in the year-ago period. Net licensing revenues increased 14.8% to $1.6 million vs. $1.4 million in the 200