Allied Capital Buys Minority Stake in Wear Me Apparel
Allied Capital Corp. has invested $176.5 million for a minority stake in Wear Me Apparel, a major children's wear manufacturer. Besides its proprietary brands, Wear Me Apparel also makes kids clothes under licensed brands including characters from Di
Under Armour Launches Survivor Search as Part of ‘Power in Pink’ Campaign
Under Armour will host a national search for breast cancer survivors whose stories of courage and survival illustrate why a physically active lifestyle is so vital to a healthy life with or without cancer. The search is the centerpiece of Under Armour’s 2
Rudy Project Adds to Sales Staff
Rudy Project Technically Cool Eyewear appointed industry veteran Shane Kanderis to the position of Western Regional Sales Director. Kanderis’ responsibilities will include leading Rudy Project’s Western Sales Team and working with and supporting Rudy Proj
Peak Resorts Completes Mount Snow and Attitash Deal
Peak Resorts completed the purchase of Mount Snow and Attitash resorts from American Skiing Company. The sale agreement, originally announced on February 16, includes all properties and assets of Mount Snow and Attitash resorts, for a purchase price of $
Thule Inks Promotional Deal with World’s Strongest Man Super Series
Thule, Inc. has partnered with the World's Strongest Man Super Series to launch its Professional line of contractor-grade rack systems and accessories during the Grand Opening Event of Joe's Sports, Outdoor & More in Bellevue, Washington…
Apparel Sales Story for 2006 Was About Performance…
While the women’s trend in sport footwear held the overall business in footwear in check last year, the reverse was true for the sports apparel business. Strength in the women’s sports apparel business, particularly in performance apparel, kept the overa
Stride Rite Sees More Keds Weakness Fiscal Q1…
The Stride Rite Corporation saw continued weakness in the Keds business cut into gains elsewhere for the company’s fiscal first quarter ended March 2. Net income growth still outpaced sales growth by a wide margin for the quarter, due in large part to a
Iconix Closes on Rocawear Acquisition
Iconix Brand Group, Inc. has completed the acquisition of the brand Rocawear. The purchase price for the transaction was $204 million in cash with contingent payments of an additional $35 million of Iconix stock based upon the brand surpassing certain pr
Delta Apparel Appoints Dr. Gatewood to Board of Directors
Delta Apparel, Inc. has elected Elizabeth J. Gatewood, Ph.D. to its board of directors. Dr. Gatewood is the Director of the University Office of Entrepreneurship & Liberal Arts at Wake Forest University, a position she has held since 2004. The Office of E
Golfsmith Names Hanaka as Chairman of Board
Golfsmith International Holdings, Inc. named Martin E. Hanaka as chairman of the board of directors. He replaces First Atlantic Capital, Ltd.'s Charles Shaw, who will retire from the board in May after serving as Golfsmith chairman since October 2002
Play It Again Sports’ 2006 Sales Increase 1.2%
Play It Again Sports, a division of Winmark Corporation, saw revenues reach $254 million in 2006, up 1.2% from $251 million last year…
Gildan Plans Five North American Factory Closures
Gildan Activewear Inc. plans to close its two remaining textile facilities in Montreal, Canada, as well as its cutting facility in Bombay, N.Y., in the fourth quarter of the current fiscal year. Two sewing facilities in Mexico, which are supplied with fab
Sports Direct’s Ashley Buys Adidas Stake
Sports Direct’s Mike Ashley has invested £183m (U.S. $350 million) on a 3.14% stake in adidas…
REI Announces Board Election Results
Recreational Equipment, Inc. announced its 2007 board election results during its annual membership meeting held March 26. Cooperative members voted to return incumbents Anne Farrell and Tom Harville, and elected John Hamlin and Edward M. Schmults to thr
Finish Line Taps Nordstrom Exec for Chief Merchant Role
The Finish Line appointed Samuel Sato as EVP and chief merchandise officer of Finish Line. Sato will be responsible for all product lines for Finish Line stores and reports to Glenn Lyon, president. Lyon had been overseeing merchandising for the retailer.
