Paddlesports – A Look Ahead at 2010…
Looking ahead at the upcoming paddlesports season is a lot like running a river for the first time. Even if you think you know what lies ahead, you’re never sure until you round the corner for yourself…
A.T. Cross Repurchases Shares
A.T. Cross, the parent of Native Eyewear, repurchased 1.5 million of the company's Class A common stock for approximately $5.1 million. All of the shares were purchased from Galal Doss, a member of the company's Board of Directors. Upon completi
Essilor Acquires FGX International Holdings
French opthalmic-lens giant Essilor International plans to acquire FGX International Holdings, the Smithfield, RI-based owner of Foster Grant, Gargoyles, Ironman, Champion and Body Glove sunglasses. Under the terms of the merger, FGX International shareh
Advanced Sports Acquires Oval Concepts
Advanced Sports, Inc., which owns Kestrel, Breezer, Fuji and other bike brands, is buying the cycling components company Oval Concepts. ASI said it has purchased the Oval Concepts brand, trademarks and tooling and has entered into a license agreement for
SGMA Launches Trade Association for Fitness Manufacturers
The Sporting Goods Manufacturers Association (SGMA) has created the Association of Fitness Industry Retailers & Manufacturers (AFIRM) to cater to the government affairs, educational and market research needs of fitness industry manufacturers and retailers
Essilor Acquires FGX International Holdings
French ophthalmic-lens giant Essilor International plans to acquire FGX International Holdings, the Smithfield, RI-based owner of Foster Grant, Gargoyles, Ironman, Champion and Body Glove sunglasses…
Delta Acquires Custom Clothing Biz
Delta Apparel Inc has agreed to buy graphics apparel business Art Gun Technologies, LLC in a move that takes it into the customized apparel market for the first time. Through its “virtual art studio,” DLA said Art Gun provides shoppers the ability to desi
Gramicci Finds Growth Partner in Haggar
Haggar Clothing Co., the men's dress and casual apparel giant, has secured the master license agreement for the Gramicci brand. The current Gramicci team will continue to operate the business under a licensed agreement but is expected to benefit from
True Temper Completes Restructuring
True Temper Sports, Inc. completed its financial restructuring plan in bankruptcy proceedings. An investor group led by Newport Global Advisors and Providence Equity Partners joined together to acquire a majority equity interest in the golf shafts and per
Amer Won’t Sell Mavic Cycling Business
Amer Sports has decided to keep France-based bicycle component unit Mavic. Amer had announced in September it was mulling “strategic alternatives” with respect to Mavic…
SGMA Launches New Trade Association for Fitness Market
The Sporting Goods Manufacturers Association (SGMA) has created the Association of Fitness Industry Retailers & Manufacturers (AFIRM) to cater to the government affairs, educational and market research needs of fitness industry manufacturers and retailers
Preferential Trade Programs Could Expire Dec. 31
The U.S. House of Representatives approved legislation last week to extend by one year the Generalized System of Preferences (GSP) and the Andean Trade Preferences Act (ATPA) programs. It is now up to the Senate to pass the legislation before both expire
Louis Vuitton Settles with New Balance
Louis Vuitton agreed to stop selling its Minstrel shoe line as part of a settlement reached with New Balance Athletic Shoe Inc., which had accused the French luxury goods company of copying New Balance's best-selling 574 shoe. New Balance, which file
Outdoor Q3 Profits Surge on Modest Sales
Last year, the third quarter marked the true beginning of the financial crisis. Credit markets were frozen, consumers stopped shopping and retailers were left looking at full stock rooms and virtually no foot traffic…
The North Face Sues The South Butt Over Parody
The North Face filed a lawsuit against the teenage owner of The South Butt, claiming that the St. Loius-area parody company is infringing on the established apparel-maker's trademark and products…
