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Everlast Inks Two New License Deals

Everlast Worldwide has inked two licensing agreements with Hong Kong-based Stelux Watch Ltd. to launch Everlast-branded watches in China, Hong Kong, Taiwan, Singapore, Malaysia, Thailand and Japan with a concentration of sales through its own City Chain g

Gear for Sports and Sun Ice Ink Distribution Deal

Gear for Sports has inked a deal to become the exclusive distributing, marketing and sales partner for Sun ice Golf products in the U.S. GEAR for Sports will begin shipping the Spring 2005 Collection during the first week of November…

Pacific Trail Inks Licensing Deal with Tuned In Sports

Pacific Trail has signed a three-year licensing agreement with Tuned In Sports, Inc., a manufacturer, marketer and distributor of recreational tents, camping furniture and canopies. Tuned In Sports, headquartered in Washington DC, will begin distribution

Cloudveil Gears up for Fall ’04

Cloudveil has announced three strategic business partnerships that, according to the company, will further strengthen their infrastructure and rep force. Cloudveil has formed a partnership with Sojitz Corporation of America. The company is also relocating

Oakley Sees Soft Second Quarter…

Oakley has lowered its earnings and sales guidance for the 2004 fiscal year to reflect what the company is describing as softer than expected sales in the second quarter and production shortfalls that resulted in decreased inventory turns. The company pr

Russell Boosts Q2 Guidance; Now Has Slice of K2 Inc…

Russell Corporation is benefiting from K2 Inc.’s acquisition of Marmot Mountain and will realize a gain of approximately 8.5 cents per share in the second quarter for their interest in Marmot. K2 told SEW last month (SEW_0425) that the deal included a 50

Bush Ends Roadless Protection in U.S. National Forests…

Ann Veneman, the U.S. Secretary of Agriculture announced the government’s intention to abandon roadless protections for over 58 million acres of national forest. This decision has the potential to open these lands to deforestation by timber and mining co

Specialized v. Scott USA…

The recent launch of Scott USA bicycles in the U.S. market at the Sea Otter Festival caused some concern among the ranks of Specialized executives. Scott USA has been a strong competitor in Europe, and the company’s ‘Genius’ full suspension MTB design, ac

Black’s Leisure Leverages Diversity…

British sporting goods and outdoor retailer Black’s Leisure Group reported that sales for the first 19 weeks of the company’s fiscal year increased 17.5%, partially due to the addition of eight new stores. Comparable store sales increased 4.2% during the

Rebel Sports Reports Solid YTD

New Zealand’s Rebel Sports is reporting that it’s 2003-04 fiscal year sales were up 10.3% to NZ$305.4 million ($192.0 million). Results included the recently acquired ‘Glue’ lifestyle stores. Comparable store sales for the chain, including Glue, increased

Oakley Warns on Soft Q2; Shares Sink…

Oakley has lowered its earnings and sales guidance for the 2004 fiscal year to reflect what the company is describing as softer than expected sales in the second quarter and production shortfalls that resulted in decreased inventory turns. The company pr

Burton to Acquire Four Star Snowboard Brands…

Burton Snowboards has signed a letter of intent to acquire four snowboard brands from Four Star Distribution – Forum, Special Blend, Jeenyus and Foursquare. Once this acquisition is complete, slated for August, it will mark the first time that Burton will

Gildan Closes Plant after FLA Probe…

Gildan Activewear will close its El Progresso plant in Honduras this month and in the process lay-off around 1,800 workers. The company has been accused of labor violations at the plant, but insists that its closure is not related. According to a local