SGB Update Apparel
prAna’s Opens Boulder Flagship Store
Only two weeks after the founders and management of prAna bought their company back from Liz Claiborne, prAna on October 13 opened its flagship store in a prime location on the Pearl Street mall in Boulder. The upper level will be dedicated to showcasing
InGear Files for Bankruptcy
InGear Corp., based in Buffalo Grove, IL, filed a Chapter 11 petition on Feb. 7 in Chicago. The company makes luggage sets, sports bags, backpacks and insulated containers under licensed brands, including Champion, Spalding, Rubbermaid, Hummer and Laura A
Wolverine Adds Gerber to Board of Directors
Wolverine World Wide, Inc. appointed William K. Gerber to the company's Board of Directors. Mr. Gerber has not been appointed to serve on any committees of the company's Board of Directors…
Outdoor and SnowSports Deals Abound…
It was a busy and a good week for the outdoor and snowsports industries with five acquisitions, including two that could restore the luster of authentic brands hindered in recent years by botched acquisitions. The deals came in several flavors, including
Sports Direct Partners with China’s ITAT…
Sports Direct International PLC, the UK sporting goods conglomerate, announced a strategic relationship with China's ITAT Group to move into the rapidly expanding Chinese retail market before the Beijing Olympics in August. Sports Direct will invest
ASICS Nine-Month YTD Revenue Jumps 16.7%; Names New President…
ASICS reported 16.7% revenue growth for the first nine months of the year to ¥166.01 billion ($1.42 bn) from ¥142.21 billion ($1.23 bn) for the year-ago period. The company saw strong operating income growth of 14.9% to ¥19.15 billion ($163.5 mm), but onl
Red Oak to Cease Operations…
Red Oak Sportswear, the maker of licensed sports apparel in College Station, TX, plans to cut 124 jobs as it winds down operations, according to documents filed with the Texas Workforce Commission. The company, a division of Illinois-based Knights Apparel
Timberland Posts a Disappointing Year; Timeline for Turnaround Undefined…
The Timberland Company saw the fourth quarter of 2007 as the culmination of “a very challenging and disappointing year” for the company. Weak retail market conditions were cited as an issue that exacerbated fashion shifts away from the brand…
Deals are Flowing as Valuations Come Down…
It was a busy and a good week for the outdoor industry with five acquisitions, including two that could help restore the luster of authentic brands hindered in recent years by botched acquisitions. Five deals were done in total and four appear to be legit
Co-Founders Buy Back prAna…
The week's second high-profile deal involved Beaver Theodosakis and his co-founders taking back prAna from Liz Claiborne with help from PE firm Steelpoint Capital Partners in a management led leveraged buyout. prAna was acquired by Liz for $34.4 mil
Zumiez Sees Comps Rise 1.7%…
Zumiez reported comp store sales increased 1.7% for the four-week period on top of a 12.4% gain for the comp period last year. Total net sales for fiscal January decreased 11.7% to $20.7 million from $23.4 million in the five-week 2006 month…
More from Softgoods on the Trade Show Circuit…
Holden founder and now co-owner Mike LeBlanc sat down with BOSS to talk over the major developments for his brand, namely, the end of the company’s relationship with K2 and new parent company, Jarden Corp. Previously, the Holden side of the business took
ASICS Sees Nine-Month Revenue Jump 16.7%; Names President
ASICS Corp. reported 16.7% revenue growth for the first nine months of the year to ¥166.01 billion ($1.42 bn) from ¥142.21 billion ($1.23 bn) for the year-ago period. The company saw strong operating income growth of 14.9% to ¥19.15 billion ($163.5 mm), b
Riddell Fights Staph and MRSA Infections
Riddell has partnered with Indiana based Sports-O-Zone in the fight against staph and MRSA infections. The Sports-O-Zone patented sanitizing system uses ozone to attack and kill bacteria…
World Industries Partners with Dynasty Apparel for Youth Apparel
World Industries has partnered with apparel manufacturer Dynasty Apparel Industries to launch a young men's and boys apparel program. World Industries apparel will round out its existing business in skateboards, footwear, snow products and accessorie
