Late business boosts the success of Cold As Ice, Inc. in their continuing effort to pioneer new ground for women's snowboard apparel. The company found itself happily asking, “who turned on the snowboarding faucet again”? After several quarters of th
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Varsity Brands Settles Class Action Lawsuits
Varsity Brands, Inc. has reached an agreement to settle two purported class action lawsuits that were filed in Delaware and Tennessee against the company, its board of directors and Leonard Green & Partners, L.P. The lawsuits challenged the proposed merge
Report: Generation Y Earns $211 Billion and Spends $172 Billion Annually
American kids, teenagers, and young adults, aged 8 to 21 years, have annual incomes totaling $211 billion, according to latest projections based on results of a recent nationwide survey of the Generation Y population. Results show that this group is spen
Chris Kushner Joins Wilson
Wilson Racquet Sports is pleased to announce Chris Kushner has been hired as the Marketing Analyst for Accessories…
Cleary Appointed To VP of Sales at Speedo
Robert Cleary, Jr., has been appointed national vice president of sales at Speedo, a division of Authentic Fitness Corp., according to an announcement by Roger Williams, president and COO. Authentic Fitness is a division of Warnaco, Inc…
Cold as Ice Sees Sales Boost
Late business boosts the success of Cold As Ice in their continuing effort to pioneer new ground for women’s snowboard apparel. The company found itself happily asking, “who turned on the snowboarding faucet again”? After several quarters of the sport bei
Hey Bob Bell!
We rush each day to report on the events of the industry that may make a difference to people working in the trade. But when a story hits so close to home it is difficult to report it as news, as something sensational, something to be sold. That is the
180s Appoints New CFO
180s, maker of innovative performance wear, has appointed Ted Galovan as Chief Financial Officer. Prior to joining 180s, Galovan was the Chief Financial Officer and Senior Vice-President of Business-Development for EAS, Inc…
Positive Industry Trend Continues, But Slows…
Vendors and manufacturers in the industry kept the positive trend moving ahead in the 2003 second quarter, but saw sales growth and profit growth slow a bit from the first quarter results. Much of the slower growth can be attributed to the pull-back seen
Retail Execs See Brighter Days Ahead…
The planets seem to be aligned for retailers right now if the latest Retail Sector Performance Index is any indication. The latest Executive Opinion Survey conducted by National Retail Federation (NRF) and the Bank of Tokyo Mitsubishi Ltd. (BTM) shows th
TAF Frees Up Cash in Bond Deal…
The Athlete’s Foot has been able to do something that few, if any, retailers have been able to do — capitalize financially on its brand name. The retailer and global franchisor of athletic specialty stores last week announced a securitization transactio
Forzani Sees Big Upside in Close-outs…
Meanwhile, north of the border, Canada’s largest sporting goods retailer and franchisor saw the western provinces drag down sales results in the fiscal second quarter, with British Columbia and Alberta comping down “slightly over 5%” for the quarter compa
Billabong Rides Surfer Girl Wave…
Billabong released year-end financials and it looks like a strong year for the Aussie Surf-wear manufacturer with sales in America and Europe leading the way…
adidas Issues Bonds for Balls……
Published reports last week had adidas-Salomon making a $135 million cash bid for Top-Flite Golf Company, topping the $125 million offer made by the appointed stalking horse, Callaway Golf Company. The bids are part of the 363 asset sale required in Top-F
Ashworth Swings to Profit in Fiscal Q3…
Ashworth, Inc. is looking to the retail and department store channel to grow its business going forward as the core green grass business continues to suffer from the weak economy and this year’s weather woes…