SGB Update Apparel
Court Dismisses Tobacco Claims Against Amer Sports
The District Court of Helsinki has dismissed all claims for damages based on Amer Sports Corporation's already discontinued tobacco business. The District Court of Helsinki ordered the plaintiff's to compensate all the legal costs Amer Sports Co
Callaway Golf Forecasts Q3 Loss
Callaway Golf Co. reported a preliminary third quarter loss and lowered its guidance for the year because of the global financial turmoil. The golf equipment provider said that based on current information, it expects to lose 12 to 14 cents per share for
CFO Survey: Credit Tightens for 4 in 10 Large Retailers
Nearly half (41%) of CFOs at U.S. retailers with more than $100 million in sales have experienced a tightening of credit by their lenders, according to a new study by BDO Seidman, LLP, one of the nation’s leading accounting and consulting organizations. I
Gen. Norm Lezy Joins ProLink’s Strategic Advisory Board
ProLink Solutions, a wholly-owned subsidiary of ProLink Holdings Corp. and a provider of GPS golf course management systems and digital out-of-home on-course advertising, announced that retired United States Air Force Lieutenant General Norm Lezy has joi
Former Okaland Raider Appointed President of Ridell
Easton-Bell Sports Inc. appointed Dan Arment as president of its Riddell unit, make of the official helmet of the NFL. A former linebacker for the Oakland Raiders, Arment joined Bells Sports in 2001 as VP of mass sales and has been serving as EVP and GM o
MEC Implements TEXbase Material Development Software
One of Canada’s largest outdoor retailers, Mountain Equipment Co-Op (MEC), has implemented TEXbase software solutions to help streamline its internal material development process…
REI Launches Music Playlist
REI has launched REIGoPlaylist.com, a website offering the complimentary download of a 10-song playlist to inspire snow sports and music lovers alike while skiing the slopes. REI teamed with Burton, K2, Marmot, Ride, Rossignol, Smith, Salomon, The North F
Easton-Bell Appoints Arment as President of Riddell
Easton-Bell Sports, Inc. has appointed Dan Arment as president of Riddell, the official helmet of the NFL. Arment, who joined Bell Sports in 2001 as vice president of mass sales, has served as Easton-Bell Sports’ executive VP, General Manager – Mass Marke
Easton-Bell Appoints Arment as President of Riddell
Easton-Bell Sports, Inc. has appointed Dan Arment as president of Riddell, the official helmet of the NFL. Arment, who joined Bell Sports in 2001 as vice president of mass sales, has served as Easton-Bell Sports’ EVP, general manager, Mass Market Business
The SportsOneSource Debate: The Election…
Turns out our industry is about as divided as the rest of the country around which Presidential candidate is best qualified to steward our country. Late last week, SportsOneSource queried subscribers asking how the election of John McCain or Barack Obama
TaylorMade-adidas Golf Company to Acquire Ashworth, Inc.
The adidas Group and Ashworth, Inc. announced that the TaylorMade-adidas Golf business segment has entered into a definitive agreement to acquire all of the outstanding shares of Ashworth, Inc. for $1.90 per share in cash. The transaction value is $72.8 m
BPSA Releases Schedule for 2009 Bicycle Leadership Conference
The Bicycle Product Suppliers Association (BPSA) announced a preliminary agenda for its 2009 Bicycle Leadership Conference (BLC) to be held in conjunction with the Sea Otter Classic, Apr. 15-17, 2009, at the Embassy Suites in Seaside, CA….
Industry Exhibits Silver Lining Amidst Stock Market Travesty
As the media highlighted the historic downturn last week as the worst week ever in the market, there were actually a few positives to be taken from the data compiled on Friday. Crazy swings are often seen as an indicator of a market that is looking for t
Buckle Continues Comps Hot Streak, But PacSun and Zumiez Down
Pacific Sunwear of California Inc. reported that sales of $91.2 million for fiscal September decreased 4% from sales of $95.1 million in the year-ago period. Comps for the same period decreased 5%. The numbers include only results from the company’s PacSu
Crocs Sells Foam Creations Unit
Crocs Inc. has sold certain assets of its Foam Creations business unit located in Quebec City, QU, to a Canadian corporation led by former Foam Creations founder Andrew Reddyhoff…
