The Athlete’s Foot to be Sold to PE Firm
NexCen Brands, Inc. entered into an agreement to sell its franchise business, including The Athlete's Foot, to an affiliate of Levine Leichtman Capital Partners, an independent investment firm with franchise management experience. The purchase price
Gildan Ups Sales Guidance After Record Q2
Gildan Activewear Inc. upped its sales outlook for 2010 to 25% from 17% growth over last year after reporting record net earnings of $48.8 million, or 40 cents per diluted share for its second fiscal quarter ended April 4, 2010. The company said cotton co
RECALL: Rome Snowboard Boot Bindings
Rome Snowboards Co. of Waterbury, VT voluntarily recalled 2,900 pair of boot bindings because the base plate on them can break at cold temperatures, posing a fall hazard to snowboards, the U.S. Consumer Product Safety Commission and Health Canada said…
FOX Racing Shox Hires Nike Exec as First CMO
FOX Racing Shox has hired former Nike GM Paul Fidrych as its first Chief Marketing Officer. The new CMO role has been created to expand the company’s marketing support for its mountain bike, powered sports and…
TNF Rolls Out PlanetExplore to Midwest
The North Face today has rolled out PlanetExplore, a new online resource for outdoor recreational activities, in the Midwest, starting in Chicago and Minneapolis/St. Paul. Created by The North Face, PlanetExplore is an online community designed to help in
NBA Opens Store at Shanghai World Expo
The National Basketball Association (NBA) is opening a new NBA Store inside the Shanghai World Expo…
SGMA and NSGA Pledge Closer Cooperation
The Sporting Goods Manufacturers Association (SGMA) and the National Sporting Goods Association (NSGA) are having substantive discussions about working together on projects and initiatives that will benefit the membership of both organizations…
Kohl’s Profit Jumps 45%
Kohl's Inc. reported a first-quarter profit of $199 million, or 64 cents a share, up from $137 million, or 45 cents, a year earlier. Revenue rose 11% to $4.04 billion from $3.64 billion last year…
Skechers Launches Leather Accessories Collection
Skechers USA, Inc. signed a licensing agreement with French Craft Leather Goods Co., Inc. to design, produce and distribute a Skechers-branded line of leather goods and accessories for men, women and kids. The new line of belts, buckles and wallets will h
Rocky Prices Secondary Offering at $8.40 per Share
Rocky Brands, Inc. priced 1.8 million shares of common stock for its upcoming public offering at $8.40 per share. The company has granted the underwriters in the offering an option to purchase up to 270,000 additional shares of common stock at the same pr
Head USA Appoints Racing and Promotions Manager
Head USA is pleased to announce that Ben Drummond has been named Racing and Promotions Manager for the company. He will manage the newly founded Head USA race department, as well as Head's freeride team and promotional efforts…
Life is Good to Sponsor Two-Day Music Festival
Life is Good will host a two-day music festival with the goal of raising $1 million to heal and strengthen children facing life-threatening challenges, including violence, illness, and extreme poverty…
Bass Pro Shops Becomes Title Sponsor of the 2010-2011 Bassmaster Opens
BASS and Bass Pro Shops have partnered to build upon a 'marketing alliance' formed last year by assuming title sponsorship of the Bassmaster Opens in 2010-2011. With the agreement, final-day weigh-ins of select Bassmaster Open events will be hel
Red Wing Shoe Gets $261K Grant to Expand
Red Wing Shoe Co., the owner of Vasque, Irish Setter Boots, and other shoe brands, has received a $261,270 grant to expand its plant in Potosi, MO, and add 42 new full-time jobs within two years, according to the St. Louis Business Journal…
Shoe Carnival Hikes Q1 Estimates
Shoe Carnival reported sales for the first quarter of 2010 increased 13.2% to $189.5 million from net sales of $167.3 million for the first quarter of 2009. Comparable store sales for the thirteen-week period ended May 1, 2010 increased 13.1%…
