Hyde Joins Cerf Bros. Bag as VP of Sales
Cerf Brothers Bag Company, a 94-year-old manufacturer of packs, luggage and bags for the outdoor industry, has named industry veteran Ron Hyde as vice president of sales, said Brian Spanel, chief executive officer…
Adidas India to Open 200 Stores by Year’s End
Adidas India plans to open 200 outlets before year's end, reports indiaretailing.com. The stores will be located in a range of markets, from high to low tier cities. According to the report, adidas India presently has over 450 stores, 130 of which ar
Mainland Headwear/New Era to Host Supply Chain Symposium in China
Mainland Headwear Holdings Limited and New Era Cap Company, Inc. have jointly organized a two-day symposium in Shenzhen, “Benefits of Supply Chain Partnerships,” focused on achieving greater impact and sustainability in supply chain labor compliance throu
Steve Madden Raises Full Year 2009 Guidance
Steve Madden expects net sales for the first quarter 2009 to be between $106 million and $107 million. This compares to net sales of $100.5 million for the first quarter of 2008. EPS for the first quarter of 2009 is expected to be in the range of 35 cents
Hat World Paid $6.4 Million for Team Dealer
Hat World acquired the assets of Impact Sports, a dealer of branded athletic and team products for college and high school teams, for a purchase price of $5.1 million plus assumed debt of $1.3 million funded from borrowings under the credit facility, acco
Fiskars Outdoor Hires VP, Commercial Sales
Fiskars Outdoor – Americas, the parent of Gerber and Brunton, said Keith E. Paxton had joined their team as the Vice-President of Commercial Sales, effective March 2009. Paxton's responsibilities include leadership of the American Sales Team, market
Second Largest Mall Operator Lands in Bankruptcy Court
General Growth Properties Inc. filed the biggest real estate bankruptcy in U.S. history last week after amassing $27 billion in debt during an acquisition spree that turned it into the second-largest shopping mall owner in the U.S. The company listed $29.
Jarden Corp. Sees Q1 Above Wall Street Forecasts
Jarden Corp., the parent company of Coleman, K2, Marmot, Volkl and other outdoor brands, said it expects revenue for the first quarter of 2009 to be approximately $1.14 billion as compared to $1.22 billion in the prior year period…
Russell Athletic to Close Alex City Plant
Russell Athletic plans to close a woven plant in Alexander City, GA, on July 1. About 250 jobs are affected. Rick Medlin, executive vice president of manufacturing, said the closing is related to the general economic downturn…
Orange 21 2008 Loss Nearly Doubles
Orange 21 Inc., which owns Spy Optic, reported sales rose 2% to $47.3 million in 2008 from $46.5 million for 2007. The action sports company incurred a net loss of $15.2 million for the year ended Dec. 31 compared to a net loss of $8.0 million for the yea
Gwen Manto Exits Dick’s SG
Gwen Manto left her role as EVP and chief merchandising officer of Dick's Sporting Goods, Inc., effective April 13. According to a filing with the SEC, DKS does not expect to replace her in this position but will instead realign its merchandising org
Census Bureau: Gas, Auto Sales Declines Sank Retailers in March
The U.S. Census Bureau reported Tuesday that advance estimates of U.S. retail and food services sales for March, which were adjusted for seasonal variation and holiday and trading-day differences but not for price changes, were $344.4 billion, a decrease
NexCen Brands Appoints VP of Information Technology
NexCen Brands, Inc. has appointed Gerald Brouillette to the newly created position of Vice President of Information Technology for NexCen Franchise Management, Inc…
Smith and Wesson, USA Shooting Team Up
Smith & Wesson Corp., said the company will team up with USA Shooting to sponsor training clinics for top junior qualifiers as part of the National Junior Olympic Shooting Championships taking place April 15-20, 2009 in Colorado Springs, CO…
Darn Tough Vermont Socks Awarded $8.5 Million Army Contract
Darn Tough Vermont said its military issue flame resistant Merino wool boot sock will be included in the recently awarded Fire Resistant Environmental Ensemble known as the FREE Clothing System. This is a multilayered, versatile, insulating system that is
