The National Retail Federation is asking President-elect Barack Obama to add a series of national sales tax holidays in the anticipated economic stimulus legislation. The federation says such holidays would be an important step toward rebuilding consumer
Tag: People
Metal Mulisha Hires Marketing Director
Metal Mulisha, which is part of La Jolla Group, promoted Ryan Hagy to the position of director of marketing. Hagy will report to Bill Gage, vice president of sales and marketing, and will be based out of the offices in Irvine, CA…
Christy Sports Introduces Ultimate Demo Ski Pass
Christy Sports debuted its Ultimate Demo Ski Pass that allows skiers guaranteed access to various types of this year’s top-of-the-line skis. The 10-day rental pass costs $250, the 20-day pass $350, and an unlimited pass (called the Season Pass) $450. The
Lifetime Acquires Jumping Jack Trailers
Lifetime Products, Inc. has acquired the assets of Jumping Jack Trailers, Inc., adding Tent/Trailer to Lifetime's own lineup of consumer products. All products previously produced by Jumping Jack will now be manufactured at Lifetime's 2.6 millio
Litespeed Launches First Consumer Rebate Program
In response to a tightening economy, the makers of Litespeed Bicycles are launching the industry’s first ever direct-to-consumer rebate program. Specialty hangtags are being distributed this week to all Litespeed dealers to launch and promote the campaign
VF Confirms Plans for Job Cuts
VF Corp. said that with economic weakness expected to continue in 2009, a modest number of jobs will be cut across its units. In a statement, the company declined to say how many jobs would be eliminated pending notification of affected employees, but ind
TaylorMade Cuts 170 jobs After Ashworth Acquisition
TaylorMade-Adidas Golf is cutting 170 jobs, or about 12% of its local work force, as it integrates its new Ashworth acquisition. TaylorMade acquired Ashworth Inc., also based Carlsbad, CA, for $73 million on Nov. 21. According to the North County Times in
Kohl’s Grabs Mervyns Locations
Kohl’s Corporation prevailed in a joint bid with Forever 21, Inc. in an auction of leaseholds held last week for Mervyns sites. Together, the retailers acquired 46 locations for approximately $6.25 million. Kohl’s will assume 31 of the locations while For
Pacific Sunwear Apparel Grows as Footwear is Eliminated
Pacific Sunwear VP of Investor Relations Gar Jackson clarified the circumstances surrounding Division President Thomas M. Kennedy’s recent resignation during the Pacific Sunwear presentation at the Wedbush Morgan Securities California Dreamin’ Management
JJB Sports Sees 7.5% Comps Decrease
JJB Sports reported that total group comparable store sales decreased 7.5% compared to last year for the period between July 28 and Dec. 7, 2008. This decrease consisted of a 6.7% increase in revenue for health clubs and an 8.9% decrease in retail sales.
SIA: Snow Sports Pre-Season Sales Up 9%
Just as snow sports reps began hitting the road to show lines and take orders for next winter, Snowsports Industries America reported industry retail sales rose 9% to $506.8 million in the August to October period.
However, reps would be well served to br
Investment Firm Acquires Three Ski Properties
CNL Lifestyle Properties, Inc., a real estate investment trust focused on lifestyle properties has acquired the privately held assets of three ski and mountain lifestyle properties: Vermont’s Okemo, Colorado’s Crested Butte and New Hampshire’s Mount Sunap
Ahnu Expands Retail Footprint with Eddie Bauer, The Walking Company Doors
Ahnu Footwear has formed two new retail partnerships that will send the brand past the 800-retailer milestone in spring 2009. Both The Walking Company and Eddie Bauer will begin carrying Ahnu men’s and women’s designs…
Sullivan Named Cloudveil Prez
Cloudveil named Co-Founder Stephen Sullivan President of the company following the resignation of Co-Founder and President Brian Cousins. Cousins leaves Cloudveil after helping to complete its integration with parent company Spyder Active Sports to pursue
Dunning Names Mike Dwyer Head of Menswear
Dunning has hired Mike Dwyer – former Senior Director of Menswear at Burberry Ltd. and Senior VP of Sales & Marketing at Lacoste US – as its Head of Menswear…