SGB Update Apparel
Teko Picks British Firm for European Expansion
Boulder, Colo.-based teko has partnered with UK-based Anatom Ltd. to expand into Europe. The companies will introduce teko's products to European customers at the January ISPO Trade Show in Munich. Anatom Ltd has been the distributor for Superfeet in
New Era Cap Responds to Teamsters Union
New Era Cap Co., based in Buffalo, issued a statement in response to rallies organized by the Teamsters Union in Alabama. The statement included the fact that it is the only headwear manufacturer in the U.S. and that 81% of New Era's Alabama workfor
Skechers Sees Mammoth Opp for Cali…
Skechers reported that its biggest customer was itself, with owned-retail accounting for approximately 20% of total sales through its more than 180 company-owned stores. International is also a large business for the company, pegged at about 20%…
G-III Catches Performance Bug…
G-III Apparel Group plans to introduce Calvin Klein Performance, a technical apparel line featuring moisture wicking fabrics and other performance materials. The collection will debut in February with distribution including Macy's and Paragon Sports
Report: Nike Close on Bauer Deal…
Nike is close to completing a deal to sell Nike Bauer to a financial buyer from outside the industry, according to Canada's Globe and Mail newspaper. Sources familiar with the bidding process told the newspaper that the steep price tag for Nike Bauer
Warnaco Sees Beach Erosion…
Joe Gromek, president and CEO of The Warnaco Group, said he expects only modest growth from the Speedo business in 2008, despite having the benefit of the upcoming Beijing Olympics…
Cuts Start at Expanded Jarden…
Stearns, Inc., which was part of the K2 Inc. sporting goods empire acquired by Jarden Corp. last year, has laid off more than 20 employees, including company president Paul Ebnet. According to reports in the St. Cloud Times, the downsizing will be taking
Consolidators See Outdoor Divisions Still Making Biggest Contributions…
VF Corp.’s outdoor coalition of brands will play the lead role in helping the apparel giant meet its recently upgraded five-year growth plans, the company’s new CEO told analysts last week. Wolverine World Wide, Inc. is looking at revenues in the range of
Volcom Adds Sunglasses; Lowers Q4 Outlook…
Volcom began its discussion at ICR with a welcome to the newly acquired Electric Visual business, which was founded by industry veterans, Kip Arnette and Bruce Beach. Electric is mainly known for its sunglasses and goggles, though approximately 15% of the
Augusta Sportswear Flipped to New PE Firm…
Augusta Sportswear Holdings Inc. has been flipped to a new private equity firm backing members of Augusta's management team. Terms of the deal were not disclosed, but reports on TheDeal.com had the acquisition valued in the $405 million to $450 milli
Apparel Companies Look to New Channels and Categories to Diversify Growth…
Delta Apparel, Inc., parent company to M.J. Soffe, took the stage at both Cowen and ICR to highlight the progress of recent initiatives designed to bolster sales and improve profitability. While it continues to see growth in the screenprint market, Gildan
Latest SIA Retail Audit Reveals a Sluggish Market Through Nov…
The SnowSports Industries America is reporting that snow sport sales for the 2007 August to November period reached $897 million, an increase of just 2% over last season’s anemic early season sales…
Canada’s Golf Town Plots Expansion
Golf Town, based in Toronto, plans to open five new stores in key markets throughout the Quebec region over the next twelve months. Established in 2002, it and currently operates eight retail stores across Quebec. It has over forty across Canada…
The hartford sales group Awards MVP; Adds New Rep
The hartford sales group recognized Justin Hartford as the sales agency's MVP for the Fall 07 selling season at their recent sales meeting in Florida. Juston covers the Bay Area and Northern California cast for the agency. Larry Hartford, the agency
Vail Resorts Names Chief Human Resources Officer
Vail Resorts, Inc. announced the appointment of Mark R. Gasta to the position of senior vice president and chief human resources officer. He will assume responsibility for all facets of human resources leadership and management…
