Iconix Brand Group, Inc. has completed the acquisition of the brand Rocawear. The purchase price for the transaction was $204 million in cash with contingent payments of an additional $35 million of Iconix stock based upon the brand surpassing certain pr
Tag: People
Delta Apparel Appoints Dr. Gatewood to Board of Directors
Delta Apparel, Inc. has elected Elizabeth J. Gatewood, Ph.D. to its board of directors. Dr. Gatewood is the Director of the University Office of Entrepreneurship & Liberal Arts at Wake Forest University, a position she has held since 2004. The Office of E
Yue Yuen Q1 Sales and Profit Rise
Yue Yuen Industrial (Holdings) Limited saw turnover for the fiscal first quarter ended 31st December, 2006 increase 9.4% to $960.3 million with net profit increasing 5.4% to $93.3 million. The Group has recorded steady growth in the core footwear manufact
Stride Rite Sees Record Q1 on Sperry and Saucony Strength
The Stride Rite Corporation first quarter fiscal 2007 sales were $194.7 million, an increase of 6% compared to the same period in the prior year. Net income for the first quarter totaled $11.1 million or 30 cents per diluted share, compared to the net inc
RECALL: Dynacraft Bikes
The CPSC and Dynacraft BSC Inc., of American Canyon, Calif.
are recalling about 32,000 Triax PK7 and Vertical PK7 Bicycles. The bicycles were manufactured by Shun Lu Bicycle Company, of Guangdong, China. The bicycle frame can crack while in use, causing t
Newton Running Goes Live
Newton Running launched its first e-commerce site this week. Founded by a group of elite runners, coaches and inventors in Boulder, Colorado, Newton Running uses patented technology inspired by Sir Isaac Newton’s elemental laws of motion…
EMS to Open Boston Flagship Location
Eastern Mountain Sports will open a new flagship location in Boston in May. Located in the heart of Harvard Square in Cambridge, Mass., this store will showcase Eastern Mountain Sports’ new store design. The format will feature a larger selection of outd
REI Announces Board Election Results
Recreational Equipment, Inc. announced its 2007 board election results during its annual membership meeting held March 26. Cooperative members voted to return incumbents Anne Farrell and Tom Harville, and elected John Hamlin and Edward M. Schmults to thr
Snow Sports Sales Declines Level-off in January…
The slow start to the ’06-’07 winter season continued into the New Year, but specialty retailers managed to gain some ground back from the losses experienced in December. At the end of December, overall Snow Sports sales were down 4% to roughly $1.1 billi
Burton to Open Chicago Flagship Store
Burton Snowboards will open a flagship Burton retail store in the Gold Coast shopping district of Chicago in late fall, 2007. At over 8,000 square feet, the Burton store will showcase a wide selection of products in a multi-floor, townhouse-style building
Perry Ellis Sees Strength in Swim, Signs Gotcha License…
Perry Ellis International saw overall revenues improve 8.3% to $232 million for the fourth quarter; however, for the full year, total revenues declined 2.3% to $829.8 million from $849.4 million last year…
Backcountry.com Sees 56% Sales Growth in 2006
Backcountry.com 2006 sales increased 56% to $82 million from $52 million in 2005. The company recorded its busiest day on December 11, one week after Cyber Monday when the company shipped nearly 12,000 orders…
Helly Hansen Restructures North American Operations
Helly Hansen is reorganizing its North American operations looking to centralize its executive, marketing, retail, product management and customer service operations. As part of the transition, Gary Davis was named general manager of Helly Hansen North Am
Earth Committs to Ergo-Friendly Packaging/Products
Earth Inc., the maker of Earth footwear, announced a series of initiatives to devote itself to more eco-friendly packaging and products…
Brooks Sports Names Director of Apparel Sales
Brooks Sports, Inc. has hired Liz Wilson as Director of Apparel Sales. Her major responsibilities include strategically developing and leading all aspects of apparel sales, for both the running specialty and the non-running specialty channels…
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