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Orange 21 Appoints Erik Darby as VP of Sales

Orange 21 Inc., the parent of Spy Optics, has hired Erik Darby as VP of sales. Effective immediately, Darby, a former director of sales at Converse, will direct all sales operations for the North American market…

Heelys Receives Deficiency Letter from Nasdaq

Heelys, Inc. has received a Nasdaq Staff deficiency letter on June 10, 2009 indicating that the company no longer complies with the Nasdaq audit committee requirement requiring a listed company to have an audit committee of at least three members. As a r

Geox Founder Bids for Diadora

According to Italian wire service Ansa, Diadora has received three offers, including one from Geox SpA's Founder and Chairman Mario Moretti Polegato. The other bidders were said to be private equity funds…

Turner’s Outdoorsman Acquired by Investment Group

Turner’s Outdoorsman, a 13-store chain in Southern California specializing in firearms, hunting, and fishing gear, was purchased by an investment group. The investors include Gene Lumsden, who was formerly vice president and operations manager of Turner’s

Forzani to Test GNC In-Store Shops

The Forzani Group Ltd. and General Nutrition Centres Co. announced a partnership that will put GNC performance nutrition boutiques within FGL stores. The first pilot market will be in Calgary, Alberta this fall…

Nike and Adidas Become Founding Sponsors of iHoops

Nike and Adidas will serve as founding partners for iHoops, the youth basketball initiative. The NCAA and NBA established iHoops to provide a structure and to develop programs to improve the quality of youth basketball in order to enhance the athletic, ed

Nike Names New U.K. Marketing Director

Nike named Gino Fisanotti as its new marketing director for the U.K. and Ireland. Fisanotti, currently EMEA brand director, replaces Simon Pestridge, who in early June was promoted to the role of global brand director, based in the U.S…

Recall: REI Bicycles

Recreational Equipment Inc., in cooperation with the U.S. Consumer Product Safety Commission, has announced a recall of 2005 Novara Trionfo Bicycles. The fork can separate from the steerer tube which can cause the rider to lose control, posing a fall haz

Tactical Holdings Acquires Massif Mountain Gear

Tactical Holdings and its equity partner, Golden Gate Capital, late last week completed an investment in Massif Mountain Gear Company. Massif manufactures and sells flame resistant performance technical apparel in the United States. Its primary customers

May Retail Results Temper Positive Outlook

There may have been few lonely bright spots twinkling through the haze of a languid May, but results were largely disappointing as the market made it clear to economists and analysts that any hints of recessional relief are just that — hints. With Wal-Ma

Costco’s May Comps Slide 7%

Costco said comparable-store sales in May fell 7%, while total sales fell 5% to $5.47 billion from $5.77 billion a year earlier. U.S. comparable-store sales fell 6%, while international sales fell 7%…

Nordstrom Sees 13.1% Fall in May Comps

Nordstrom, Inc. had preliminary retail sales of $653 million for the four-week period ended May 30, 2009, a decrease of 8.7% compared with retail sales of $716 million for the four-week period ended May 31, 2008. Same-store sales for May decreased 13.1% c