Just days after Liz Claiborne finalized its acquisition of the Enyce brand from Fila, the architect of Fila’s management buyout by Cerberus Capital Management has resigned as president and CEO of the company set up to run the business. Sports Brands Inte
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WRC After Lands’ End This Time…
Lands’ End is seeing the same kind of pressure from the Workers Rights Consortium that nearly drove New Era to move their production overseas. WRC conducted an assessment at the company’s Primo Factory in El Salvador, which is a source for much of Lands’
Gildan Activewear to Move into Retail Channel, Change to U.S. Dollar Reporting…
The Canadian supplier of blank t-shirts, sport shirts and fleece, with offices in Barbados and manufacturing in Latin America, will now be using the U.S. dollar as its functional and reporting currency. The company also indicated that it will build addit
Huffy Shares Plunge after Company Issues Q4 Warning…
In a hastily arranged conference call with analysts last week, executives at Huffy Corporation lowered their guidance for the fiscal fourth quarter based on lagging November and flat October sales…
Nordica and Subaru Join Forces
Subaru has entered a new marketing partnership with Nordica USA. Under the terms of the partnership, Nordica USA will officially join the Subaru Master the Mountain program, an instructional ski tour for skiers and snowboarders. Nordica USA will provide f
Wellspring Capital Acquires Edwin Watts Golf
Edwin Watts Golf, a leading retailer of golf equipment, apparel and accessories, announced today it has entered into a partnership with Wellspring Capital Management LLC, a New York-based private equity investment firm.
Brown Shoe Company Closes Ontario Manufacturing Facility
Brown Shoe Company announced plans to close its Perth, Ontario, manufacturing facility by early March 2004 in an effort to reduce costs and focus its Canadian operation on building market share for its Naturalizer brand.
Kitt Joins Team Atomic
Atomic Ski announced the addition of AJ Kitt to its
talented roster of on-hill ambassadors. Currently Jeep King of the Mountain NASTAR Official Pacesetter, Kitt will ski on Atomic skis, boots, and bindings throughout the upcoming season.
Saks Inc. Reports 6.7% November Comp Sales Gain
Retailer Saks Incorporated announced that total sales for the four weeks ended November 29, 2003 increased 7.6% and comparable store sales increased 6.7% on a total company basis. By segment, comparable store sales increased 3.7% for SDSG and increased 11
Gore Sponsors SIA’s Winter Trails Day
W.L. Gore & Associates has signed on as a national sponsor of SnowSports Industries America's Winter Trails Day January 17, 2004, a free national program that introduces the public to snowshoeing…
Kelty teams with Airstream to create ultimate Base Camp
Blending the convenience of RV travel with the versatility of car camping, Airstream and Kelty have partnered to create the Base Camp, an expandable camping trailer that can be personalized to support any outdoor pursuit…
Garmont to Distribute Silvretta In NA
Garmont North America will be the North American distributor of Silvretta free-ride and ski mountaineering bindings starting January 2004. According to John Schweizer, president of Garmont North America, “Silvretta was looking for a strong partner to lau
New Sports Authority Beats Q3 EPS Estimates on 1.7% Comp Sales Gain
The Sports Authority, Inc. reported that third quarter comparable store sales for the combined company increased 1.7% from last year's combined company results. The net loss of $7.7 million, or $0.31 per share, includes the effect of after-tax, merg
Epstein Surprises Industry with SBI Exit
Following the creation of Sport Brands International (SBI) in June of this year, and the purchase of Fila Worldwide, Inc., Jon Epstein is leaving the company effective December 1, 2003. Mr. Epstein cited personal reasons for his decision…
Kellwood Promotes Skinner to President and COO
Robert C. Skinner, Jr. has been appointed Kellwood president and chief operating officer, according to Hal J. Upbin, Kellwood chairman and CEO. Formerly, Skinner held the post of Kellwood corporate vice president with overall responsibility for the compa
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