Sole Assets Holdings, LLC, a Buxbaum Group affiliate that currently owns the Gramicci brand, has restructured Gramicci’s back office and all of its operations under the guidance of Arnold Rubenstein, the company's operations manager. Notably, Rubenst
Tag: Supplier
Broder Bros. Sees Exit of Top Executives
Broder Bros., Co. on Tuesday announced the resignations of Vince Tyra, Chief Executive Officer, and Mark Barrocas, President. The Company also announced that Thomas Myers, Director, has been appointed Interim CEO effective immediately. The Company has com
Orange 21 Acquires Italian Manufacturing Facility
Orange 21 will purchase its Italian manufacturer, LEM S.r.l., subject to certain closing requirements. The transaction is expected to close in December 2005, at which time it is anticipated that LEM will become a wholly owned subsidiary of Orange 21 Inc..
Rocky Making Boots for Uncle Sam; Upgrades Outlook…
Rocky Shoes & Boots received a contract from the U.S. Military to produce “Hot Weather” boots for approximately $30 million. Shipment of the boots should start during Q4 with an estimated completion date of December 2006.
The company also reported that i
The Sportsman’s Guide Will Again Beat Guidance…
For the fourth quarter in a row, The Sportsman's Guide, Inc. has raised its guidance from previous estimates. Net sales for the quarter ended September 30 are now expected to be in the range of $61 million to $62 million, compared with net sales of
Russell Corp. Stands Behind Chairman in Extended Deal…
Russell Corporation has extended the employment contract of chairman and CEO Jack Ward through at least March 2009. Mr. Ward will receive an annual base salary of $850,000, subject to annual review and potential increase, and also will be eligible to rec
Timberland CIO, Brigham, Departs
The Timberland Co. confirmed that its CIO, Steve Brigham, will be leaving the company. His departure will be effective on October 31, 2005. Brigham succeeded Yusef Akyuz, who left Timberland in November 2000 to become CIO at The Stride Rite Corp. in Lexi
Unifi Q1 Sales Up 3.2%; Net Loss Down to $5.7 Mil
For the company's fiscal first quarter ended Sept. 25, 2005, Unifi, Inc. posted net sales from continuing operations of $185.4 million. Sales rose $5.8 million or 3.2% from net sales of $179.6 million last year. Net income from continuing operations
Unifi Explores Options for Company Direction
Unifi, Inc. announced that its Board of Directors is exploring strategic alternatives to improve shareholder value, including expanding within the textile industry, restructuring outstanding debt, moving into non-textile businesses, merging or selling the
Everlast Wins Vendor MVP from Modell’s
Everlast Worldwide Inc. announced that it received the annual Vendor MVP Award from Modell's Sporting Goods…
Oakley Appoints Shields as CFO
Oakley, Inc. announced the appointment off Richard J. Shields, CPA, as its chief financial officer. Mr. Shields, 48, will be in charge of the company's finance and accounting functions bringing more than 20 years of senior financial experience to his
Quiksilver Cuts 2006 Earnings Outlook on Accelerated Integration and FX Rates
Quiksilver continues to expect revenues between $582 million and $592 million and diluted EPS of approximately 26 cents to 27 cents for the fourth quarter of fiscal 2005. For FY 2005, the Company reaffirmed its outlook of revenues between $1.73 billion an
Everlast Expands License in Sports Medicine Products
Everlast Worldwide has expanded its relationship with M&M Fitness Equipment, Inc. by signing a licensing agreement for the launch of Everlast-branded neoprene and elasticized joint braces and wraps for sports and exercise use as well as for use in recover
Intrawest Makes Several Personnel Moves
Intrawest Corporation announced that Gary Raymond will resign from his position as head of Intrawest Placemaking and will be replaced by Drew Stotesbury, chief financial officer of Intrawest Placemaking, on an interim basis. Intrawest also announced that
Mueller Sports Wins Patent Infringement Suit
Mueller Sports Medicine has won a patent infringement lawsuit defending the company’s No Glare Strips. A federal court jury in Madison, Wisconsin recently ruled for Mueller against Houston-based SportStar Athletics, also finding SportStar’s actions to be
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