SGB Update Apparel
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
JJB Sports Looks to Sell Non-Core Assets
JJB Sports is reviewing the potential sale of its non-core assets to maximize value for its shareholders. In a statement, the U.K. retailer said that discussions were ongoing and that “there can be no certainty that any transaction will occur or as to the
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
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
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…
Cabela’s Inc. Cuts 10% of Corporate Headquarter Jobs
Cabela's Inc. reduced its workforce by approximately 10% at its corporate headquarters in Sidney, NE. After completing a review of its organizational structure, the company decided to reduce staffing levels in selected areas. The company expects app
Winter Sports Retailers Usher in Season with Lean Inventories and High Hopes
Despite coming off one of their fattest seasons in years, snowsports retailers are entering the winter with their leanest inventory ever and leaving brands equally anxious over the credit crunch on one hand and lost sales on the other. The consensus is th
REI to Begin Selling GT Bikes
Recreational Equipment Inc. (REI) will begin selling GT bikes at 47 of its stores by the end of the year. This deal follows REI's decision to phase out K2 bikes, which are made by World Wide Cycle Supply…
Coleman Names New Sales VP
The Coleman Company Inc. has named Michael Bach VP of sales with responsibility for leading the field sales team and the food/drug and home channels…