SGB Update Apparel
Finish Line Closes Man Alive Transaction
The Finish Line, Inc. has closed its transaction with Man Alive Acquisitions, LLC (“MA”), an entity controlled by Jimmy Khezrie, the owner and operator of Jimmy Jazz stores. Finish Line had previously announced plans to exit the Man Alive business on June
Nexcen Brands Cash, Debt Flat in Q1
NexCen Brands, Inc., the parent of The Athlete's Foot, reported its cash on hand was approximately $8 million at the end of its first quarter ended March 31, remaining consistent with cash on hand at Dec. 31, 2008. Debt was approximately $142 million
VF Corp. Unveils New Licensed Sports Group
VF Imagewear has officially renamed the VF Activewear group as the VF Licensed Sports Group, a division focused on the development of both on-field and licensed sports apparel. Sources inside the company told SEW there were no changes in staff or office
U.S. Supreme Court to Hear NFL Apparel Licensing Case
The Supreme Court agreed last week to decide whether the National Football League and its 32 teams can enter an exclusive licensing deal with a maker of team jerseys and other gear without violating federal antitrust law. The court said it will hear an ap
SEW Goes One-On-One with… Foot Locker’s MATT SERRA
Last week, Foot Locker, Inc. announced that Ken Hicks, president and chief merchant of J.C. Penney Co., would become its new president & CEO, effective August 17. Hicks will succeed Matt Serra, who has been CEO of Foot Locker since March 2001 and chairman
OIA Celebrates 20 Years of Industry Leadership
While roaming the halls at any Outdoor Retailer trade show, it would be hard to imagine a time when the industry wasn’t represented by the dedicated folks at the core of Outdoor Industry Association. Outdoor Retailer Summer Market this year will be the si
B.O.S.S. Goes One-On-One with OIA’s Frank Hugelmeyer
Frank Hugelmeyer is a 22-year outdoor industry veteran with extensive experience in global retail, distribution and manufacturing. Prior to OIA, he directed North American sales and marketing for Lowe Alpine Holdings, a worldwide manufacturer of technica
Vendors and Retailers Have Tough Q1 as Margins and Profits Shrink
The first quarter of 2009 was a very different experience for outdoor industry vendors and retailers versus the first quarter of 2008. Last year at this time, retailers were happy after a long cold winter, and vendors were beginning to feel concerned abou
Ortovox USA Opens New Western DC
Avalanche safety equipment company Ortovox USA has opened a new western U.S. sales and distribution center in West Valley, UT to support its growth. The Ortovox’s West Valley facility, located in a suburb of Salt Lake City, will handle all shipping and re
Adidas to Raise €500mm in Bond Issue
Adidas AG is raising €500 million ($694 million) by selling five-year bonds. Adidas is offering investors a yield of 200 basis points more than the benchmark mid-swap rate, according to Bloomberg News…
Schutt Touts American-Made Helmets
Schutt Sports, Inc. recently introduced a new batters helmet, the AiR-5, that continues its tradition of domestic production. The company said it's the only major brand still making helmets in the U.S…
NRA: Kansas Attorney General Moves to Recognize ‘Non-Resident’ Carry Permits
Kansas Attorney General Steve Six (D) announced recently that the state of Kansas will now recognize non-resident Right-to-Carry permits issued by any of the 22 states already recognized.
FWS: Overall Duck Numbers Up in 2009
The preliminary estimate of total ducks from the 2009 Waterfowl Breeding Population and Habitat Survey was 42 million, which is 13 percent greater than last year’s estimate and 25% greater than the 1955-2008 average, the U.S. Fish and Wildlife Service ann
K-Swiss Launches Skate Program
K-Swiss announced plans to launch a new skateboarding category for Spring 2010. As part of the effort, K-Swiss has partnered with a team of design and creative experts including Skate Legend Greg Lutzka, who has signed an extended agreement to serve as th
Everlast Extends International Licensing Deals
Everlast Worldwide has agreed to new terms for existing licensing deals with three of its partners — namely Chile-based Commercial Sportex, Argentina-based Leading Brands and UK-based Wilson Imports…
