Tefron Ltd., the producer of intimate apparel, performance activewear and swimwear, said that as a results of the slowdown in global economy, it plans a headcount reduction at the company of around 15%. The Israeli-based company said that cutbacks include
Results for "lululemon"
Retailers Also Tighten Inventory
Big 5 Sporting Goods management presented at the ICR conference touting their value-based business model as one that will see particular success with the new value-conscious consumer. Chairman, president and CEO Steve Miller noted that Big 5 average $213
Industry Companies Give a Peek Under The Tent
Industry companies hit the road last week in hopes of drumming up some new investment dollars during a time of difficult trading conditions. The two big conferences for the active sports lifestyle market were the ICR Xchange Conference in Dana Point, CA a
Vans Exec Joins Taryn Rose International
Taryn Rose International, the luxury footwear brand, appointed Donald Petersen to vice president of operations, effective immediately. Petersen managed operations for Reebok International in the United States and Europe, oversaw logistics for multiple bra
2008: The Year of the Chemical Spill (Year in Review)
Two major health concerns plagued the industry in 2008, but for the most part industry vendors and retailers were able to turn those obstacles into opportunities…
The Deals of the Year (Year in Review)
The Deals of the Year, 2008…
Though lacking any of the major blockbuster deals like adidas/Reebok or even Quiksilver/Rossignol that seemed to fuel speculation in years past, 2008 did see a healthy amount of M&A activity as companies looked to achieve b
Bob Meers Becomes CEO of Taryn Rose
Taryn Rose International, the women's fashion footwear line, named Robert Meers as its new CEO. Meers resigned as CEO of Lululemon Athletica on June 30…
A Time of Transition
Since the last general election year, change has been a constant in the sporting goods retail landscape. The past year certainly goes down as a sluggish period for the sporting goods industry, marked by recessionary worries, escalating gas prices, and ane
With U.S. Economy Teetering, Outdoor Brands Look to Owned-Retail
At the Thomas Weisel Partners Consumer Conference this week, several major outdoor brands outlined success stories and provided a mostly positive outlook for the future…
With U.S. Economy Teetering, Outdoor Brands Look to Owned-Retail
At the Thomas Weisel Partners Consumer Conference this week, several major outdoor brands outlined success stories and provided a mostly positive outlook for the future…
Gap Inc. Snaps Up Athleta for $150 Million
Gap, Inc., has agreed to acquire Athleta, Inc., the women’s sports and active apparel catalog company, for about $150 million in cash. The acquisition will help Gap break into the $31 billion women’s active apparel sector in the U.S., which is drawing att
Investors Turn to Sporting Goods in Tough Times
The old adage about the sporting goods industry weathering tough economic times got a real test last week. A first blush review of Wall Street results last week reveals that the industry did fare better than the market as a whole and many other sectors,
Investors Turn to Outdoor Stocks in Tough Times
The old adage about the sporting goods industry weathering tough economic times got a real test last week. A first blush review of Wall Street results last week reveals that the outdoor industry did fare better than the market as a whole and many other s
Outdoor Industry’s Margins Squeezed in Q2
Second-quarter sales were brisk for outdoor vendors and retailers, but declining margins caused declines in profits and return on sales. Sales growth nearly kept pace with inventory growth, a good sign as the industry continues to encounter increasing cos
Second Quarter A Mixed Bag for Outdoor Industry
Sales were brisk in the second quarter for both vendors and retailers in the outdoor industry. However, margins contracted during the period, forcing declines in profits and return on sales. Inventories grew at nearly the pace of sales on a consolidated b