In the latest development regarding Steve & Barry’s bankruptcy filing, a judge has delayed the auction date by two weeks. Steve & Barry’s assets, originally scheduled to be auctioned on July 29, will instead be auctioned on Aug. 12…
Tag: Trade
LaCrosse Opens Denmark Subsidiary
LaCrosse Footwear, Inc. has established a subsidiary in Copenhagen, Denmark named LaCrosse Europe, ApS. LaCrosse, Inc. purchased the assets for $3.2 million in cash from its established distributor partner, Gateway Footgear…
Shoe Pavilion Looks to Close 71 Doors
Shoe Pavilion, Inc., which filed for bankruptcy last week, is seeking court approval to close 71 of its 113 stores. According to documents filed in the U.S. Bankruptcy Court for the Central District of California, the off-pricer, based in Sherman Oaks,
NexCen Receives Nasdaq Deficiency Letter
On July 8, 2008, NexCen Brands, Inc. received a Nasdaq Staff Deficiency letter indicating that, for the last 30 consecutive business days, the bid price for the ompany’s common stock has closed below the minimum $1.00 per share requirement for continued l
Hincapie Sportwear Hires New Design Director
Hincapie Sportswear, Inc. has hired Nikole Rock as its new Director of Design & Development. Rock will be responsible for all aspects of design, development and sourcing of the Hincapie retail apparel line…
Timbuk2 Goes Live on CenterStone’s iVendix Platform
CenterStone Technologies, Inc. announced that Timbuk2 is now “live” on the company’s iVendix software application. iVendix provides Timbuk2 with a business-to-business (B2B) on-line ordering solution for their retail dealers and sales reps. Dealers and sa
Customs Retreats on First Sale Rule…
At a June 24 hearing before the Senate Finance Committee, U.S. Customs and Border Protection (CBP) Commissioner Ralph Basham said his agency is no longer trying to revoke the First Sale Rule…
Interbike to Remain in Vegas…
After two years of collecting data from potential host cities and polling retailers, manufacturers and industry partners, Interbike management announced the trade show will remain in Las Vegas. Interbike said that they are currently finalizing an agreeme
Fleet Feet Inc. Honors Their Best at Annual Conference
Fleet Feet, Inc. honored the outstanding contributions and accomplishments of its franchisees, employees and vendors during its annual National Franchise Conference that was held at Elkhart Lake, WI June 22-27, 2008. The company also honored Brooks Sport
Consumer Confidence Hits 16-year Low
The New York-based research group Conference Board said its Consumer Confidence Index dropped to 50.4 in June from a revised 58.1 in May. The reading was the lowest since February 1992, when it was 47.3. Economists had expected the index to decline to 56,
SmartWool Founders Bypass Dealers with point6…
Six months after their no-compete agreement expired, SmartWool Founders Peter and Patty Duke have launched another merino wool sock company on-line. On Tuesday, their point6.com web site featured outdoor, active, lifestyle, cycling, running, skiing and sn
Owners of Tour de France and AEG Partner to Promote Cycling…
Amaury Sport Organisation S.A. (ASO) and AEG, owners respectively of the Tour de France and the Amgen Tour of California, have formed a marketing partnership to grow and develop each other’s events…
Luxottica Confirms Fiscal 2008 Outlook
Luxottica Group SpA, the owner of Oakley and Sunglass Hut, plans to confirm its fiscal 2008 guidance during a conference call with investors this week. The company previously forecast earnings of $1.29 to $1.32 per share for the full year at constant exch
Suntech Optics Appoints President
Suntech Optics, based in Vancouver, appointed James B. Murray as president and COO. Murray joined Suntech, which also owns Bugaboos Eyewear, as COO in January 2007. Prior to entering the eyewear industry, he worked for Costco Wholesale and SAM'S CLUB
Alleson Athletic to Make Uniforms for Under Armour
Alleson Athletic reached an arrangement to make custom uniforms for youth, high school and collegiate teams under the Under Armour brand. Terms of the acquisition were not disclosed. The company said the Under Armour work could potentially double its sale
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