Private equity firms TPG Capital Management and Apax Partners are among several parties interested in acquiring Cole Haan, three people familiar with the matter last week told Reuters. Nike had previously announced intentions to sell Cole Haan as well as
Tag: People
Foot Locker’s Q2 Profits Soar on 9.8 Percent Comp Gain
Foot Locker, Inc. reported earnings jumped 59.5 percent in the second quarter ended July 28, to $59 million, or 39 cents per share. Sales increased 7.2 percent, to $1.37 billion with comps ahead 9.8 percent. Excluding the effect of foreign currency fluct
Lululemon Lawsuit Alleges Patent Infringement by Calvin Klein, G-III Apparel
Lululemon Athletica Canada Inc. is alleging Calvin Klein Inc and G-III Apparel Group Ltd infringed on three U.S. patents for its popular yoga pants in a lawsuit filed in the U.S. District Court for the District of Delaware…
Easton-Bell Secured $3.4M in Tax Incentives for New DC
Easton-Bell Sports, Inc. reported that its massive new distribution, assembly and shared services center in Rantoul, IL qualified for up to $3.4 million in tax and other economic incentives from the Illinois Department of Commerce and Economic Opportunity
OIA VantagePoint: Outdoor Product Sales Maintain Moderate Growth in July
During the hottest July on record, sales growth for outdoor products maintained momentum according to point-of-sale data compiled by SportScanInfo for OIA VantagePoint. Retail sales of outdoor products grew 4.2 percent to $812.7 million in the fiscal mon
Freedom Group Names Scott Blackwell President
Freedom Group, Inc. (FGI), the firearms industry leader with brands including Remington, Bushmaster, DPMS and Marlin, has named Scott Blackwell president. Blackwell, an established industry veteran, served as chief sales and marketing officer since 2010..
Exceed Co. Sales Drop at it Slashes Production in Tough Chinese Market
Exceed Company Ltd. reported a 24.2 percent decline in second quarter revenue and said it expects revenues to decline by up to 43 percent in the third quarter as demand for its Xidelong branded sports apparel and footwear continues to weaken…
Dick’s SG Q2 Impacted by JJB Sports Charge
Dick's Sporting Goods took a pre-tax impairment charge of $32.4 million, or 22 cents a share, to write-off its investment in JJB Sports, the troubled U.K. sporting goods chain. But earnings excluding the charge rose 24.9 percent and ahead of expectat
Leatherman Tool Group Launches Product Innovation Lab
Leatherman Tool Group, Inc.(LTG) has officially launched their new product innovation group, FreeRangePDX. The group is an offshoot of the company with a dedicated team, entirely new location and wide open charter – find and develop ideas that improve pe
Report: PE Firms Bidding on Cole Haan
Private equity firms TPG Capital Management and Apax Partners are among several parties interested in acquiring Cole Haan, three people familiar with the matter told Reuters. Nike had previously announced intentions to sell Cole Haan as well as Umbro by t
Ibex Outdoor Clothing Names Global Production Director
Ibex Outdoor Clothing hired Ken Stone as global production director, which will make him responsible for product costing, sourcing, production planning, supply chain management, materials management and quality control…
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Sport Chalet Has First Profitable First Quarter in 5 Years
Sport Chalet returned to profitability in its fiscal first quarter for the first time in five years on the strength of solid comp stores and team sales growth…
Hestra Hires Marketing Director and Expands Sales Force
Hestra, the Swedish glove brand, has hired Erin Tulley as marketing coordinator and Ryan Genua and Rik Andresen as U.S. sales representatives…
Ibex Outdoor Clothing Lands on Internet Retailer List of Top E-commerce Sites
Ibex Outdoor Clothing was named among the top e-tailers of 2012 in Internet Retailer’s Second 500 Guide. In this year’s edition of the Second 500 Guide, Ibex ranked 37 in the apparel/accessories category and 671 overall…
Nautilus Narrows Q2 Loss on Strong Double-Digit Sales Gains
Nautilus, Inc. reported net sales for the second quarter 2012 totaled $39.6 million, an increase of 14.0 percent compared to net sales of $34.7 million for the same quarter in 2011. The company reported a net loss (including discontinued operation) of $0.
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