OIA VantagePoint: April Outdoor Product Sales up 10.4 Percent
Sales of outdoor products grew a robust 10.4 percent to $710.8 million in the four week fiscal April period that ended April 30, according to retail point-of-sale data from the April 2011 OIA VantagePoint™ Trend Report. Outdoor Footwear led the pack, up 1
Deckers Outdoor to Acquire Sanuk; Valuation Set at More than 3X Sales
Deckers Outdoor Corporation’s offered top dollar last week to buy Sanuk, one of the few lifestyle brands out there capable of duplicating the success of the Ugg Australia brand…
Container Imports Level Off for First Time in 18 Months
Import cargo volume at the nation's major retail container ports is forecast to level off this month at about the same numbers as last year after nearly 18 months of year-over-year gains, according to the monthly Global Port Tracker report released b
Zumiez Inc. Swings to Profit in Fiscal First Quarter
Zumiez Inc. reported revenues improved 18.8 percent to $105.9 million in the fiscal first quarter ended April 30 on an increase in transactions and improvement from the company’s e-commerce channel…
Steve Madden Buys Topline Corp for $55 million
Steve Madden acquired privately held Topline Corp for $55 million in cash, in a bid to bolster its private label footwear business. Topline reported 2010 net sales of about $189 million…
ANSGear.com Buys Action Village
ANSgear announced that it has acquired ActionVillage.com. Reports last week indicated that the paintball and action sports e-commerce site had shut down and was being auctioned off in order to pay creditors. The purchase price was not disclosed…
Above The Rim Extends Grant Program to Harlem
Above the Rim, which is owned by Collective Brands, said Hoops By the River, Inc. (HBTR) in Harlem was named the fourth non-profit to receive funds through the A.T.R. Project (Assisting The Rise), the brand's community-based youth development grant p
Keen Expands U.S. Production
Keen said it now expects to build 13 footwear styles in its new plant in Portland, OR in coming years. With one production line up and running, the facility currently employs about 15 people, a number that will grow when the second production line revs up
Puma Takes Over Puma Bodywear and Socks Company Dobotex
Puma will acquire 100 percent of its Dutch licensee Dobotex, which develops, produces and distributes Puma socks and bodywear. Puma currently holds 50.1 percent of Dobotex' shares and will acquire the remaining stake on the 1st of January 2012…
U.S. Soldiers Wearing Foreign-Made Athletic Shoes
Maine lawmakers are asking the U.S. Department of Defense to explain a procurement policy that allows U.S. service members to acquire foreign-made athletic shoes. New Balance, which operates shoe plants in the U.S., including three in Maine, has spoken ou
Masseys Launches Online Travel Hub
Masseys has created an online hub for customers to access local and destination adventures on its web site. Masseys customers will be able to quickly locate and book trips with local canoe, backpacking, fishing, and surfing guides. The site will also sign
Timberland Launches Geocaching Campaign in Europe
Timberland has launched a GPS-enabled treasure hunt that spans six European cities to promote its Earthkeeper footwear range. The Trail of Heroes campaign will run in Berlin, Brussels, London, Madrid, Milan and Paris until June…
Deckers Outdoor to Acquire Sanuk for $120 Million Plus
Deckers Outdoor Corporation signed a definitive asset purchase agreement to acquire the Sanuk brand for $120 million plus earn outs, or nearly three times Sanuk's 2010 sales of $43 million. Deckers said Sanuk is profitable, will be accretive to earni
New Balance Creates Casual-Comfort Company
New Balance announced the creation of an independent company to accelerate the growth of company's two casual-comfort footwear brands, Aravon and Dunham, as well as create new brands in the casual-comfort space. Bob Infantino was named president of
Antigua Extends License Agreement with LPGA
The Antigua Group, Inc. and the LPGA Tour have agreed to extend their license agreement for an additional three years through 2013…
