Fila USA announced the release of the Fila Body Toning System (BTS), a collection of body toning workout apparel for the women's fitness industry. The Body Toning System will first deliver to Dick's Sporting Goods stores and athletic specialty s
Tag: People
Steve Madden Acquires Betsey Johnson
Steve Madden (entered into a restructuring agreement with Betsey Johnson LLC to effect an out-of-court restructuring of the outstanding debt of BJ LLC purchased by the company in August 2010 for $27.6 million…
Whistler Blackcomb Files for IPO
North America’s largest ski resort has filed paper work for an initial public offering. Whistler Blackcomb Holdings Inc. of British Columbia said the IPO will allow its parent company Intrawest ULC to divest its stake in the resort. Terms of the dea
Retail CFOs Still See Only Modest Comp Sales Growth in 2010
While significantly more optimistic than a year ago, CFOs at major U.S. retailers are projecting only modest growth for 2010, according to a recent survey by BDO USA, LLP, one of the nation’s leading accounting and consulting firms…
Billabong Deal Boosts Retail Presence in Australasia Region
Similar to the company’s recent acquisition of West 49 in Canada, Billabong reached an agreement to acquire Australian retail assets from the General Pants Group and associated parties for an undisclosed price…
Arena Group Acquired by PE Firm
Arena Group, the Italian swimwear company, has been acquired by The Riverside Company, a private equity firm. Riverside bought Arena from Italian fund BS Private Equity using cash from Riverside Europe Fund IV. Arena's management invested alongside R
Genesco Closes Sports Avenue Acquisition
Genesco Inc. announced that its Hat World subsidiary, which operates the Lids Sports business, has completed its previously announced acquisition of the assets of Sports Avenue and related entities. Sports Avenue operates 48 fan stores across the U.S. and
Second Skin Garment Names Western Canadian Sales Manager
Second Skin Garment Company, parent company of the Second Skin and Hollas brands of golf apparel, announced that Rick Griffiths has joined the company as Western Canadian sales manager…
Federal Grant to Help Nicaraguan Apparel Sector
The U.S. Department of Labor has awarded a $2 million grant to the International Labor Organization in a bid to improve labor conditions in the Nicaraguan garment sector. The grant marks an expansion of the Better Work program pioneered in Cambodia ten ye
Macy’s Same-Store Sales up 4.8% in September
Macy's, Inc. reported total sales of $2.183 billion for the five weeks ended Oct. 2, an increase of 6.9% compared with total sales of $2.042 billion a year ago. On a same-store basis, Macy's, Inc. sales were up 4.8% in September…
Ruger Announces Q3 Stock Repurchases
Sturm, Ruger & Company, Inc. announced that during the third quarter of 2010, the company repurchased 412,000 shares of its common stock for $5.7 million in the open market. The average price per share repurchased was $13.83. ..
Silstar Appoints New Vice President Of Sales
Silstar Corporation of America, parent company of Pinnacle Fishing, has appointed Adrian Dare as its new Vice President of Sales…
Manhattan Beachwear Acquires Apparel Ventures
Manhattan Beachwear, Inc., has acquired Apparel Ventures, Inc., effectively merging two large portfolios of swim labels. Among the swim brands the combined company will manage are Ralph Lauren, Trina Turk, ABS, Puma, Kenneth Cole, Hobie and Split…
SCARPA North America Adds Weihenmayer to Roster
Climber Erik Weihenmayer, the only blind person to have summited the highest peak on each of the seven continents and an accomplished rock climber, alpinist, skier and motivational speaker, this month officially joined SCARPA North America’s team ro
NRF Forecasts Holiday Sales Increase of 2.3%
The National Retail Federation predicted that holiday retail sales are expected to increase 2.3% this year to $447.1 billion. While that growth remains slightly lower than the ten-year average holiday sales increase of 2.5%, it would be a marked improveme
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