SGB Update Apparel
The Finish Line to Acquire Genesco in $1.5 Billion Deal
The Finish Line, Inc. and Genesco Inc. Boards of Directors have unanimously approved a definitive merger agreement under which The Finish Line will acquire all of the outstanding common shares of Genesco for $54.50 per share in cash. The total transaction
Ashworth Fiscal Q2 Income Falls on 9.3% Sales Decrease
Ashworth, Inc.'s second quarter ended April 30, 2007 consolidated net revenue decreased 9.3% to $59.9 million as compared to $66.0 million for the second quarter of 2006. The Company reported consolidated second quarter net loss of $2.5 million, or 1
Everlast Buyout Deal Sees More Opposition…
Galt Investments on Tuesday became the second stakeholder to say it will vote against Everlast Worldwide Inc.'s $146 million buyout offer because it believes the price for the boxing equipment maker is too low. Galt, which owns about four percent of
Dynacraft to Hawk New Bikes…
Bicycle distributor Dynacraft BSC, Inc. has entered into an exclusive licensing partnership with Tony Hawk, who is perhaps best known as a pioneer in the skateboarding business. Hawk has exclusive footwear and apparel licensing deals with Kohl’s departme
RECALL: Cannondale Mountain Bikes…
Cannondale and the CPSC are recalling about 6,700 Mountain Bicycles with Lefty Speed SL and Lefty Speed DLR Forks. The forks can break during use, causing the rider to lose control of the bicycle, fall and suffer serious injuries.
Cannondale has received
One Year Later: The GoLite / Timberland Deal…
A year after sealing a rather unique acquisition deal, the GoLite/Timberland partnership has more than met expectations, but both sides says they've only started to reach the partnership’s potential. Under the deal announced last year, Timberland pur
Vail Resorts Promotes New General Counsel
Vail Resorts, Inc. announced that Fiona Arnold, most recently deputy general counsel of Vail Resorts, has been named the Company's new Senior Vice President and General Counsel. As general counsel, Arnold will oversee all legal affairs of the Company
Zoot Sports Introduces Triathlon Footwear Line
Zoot Sports has introduced a triathlon-specific footwear line – the ULTRA Footwear Collection. Zoot said its ULTRA Footwear project is led by footwear industry veterans Aaron Azevedo (formerly with Saucony, Reebok, North Face), Bob Carroll (formerly with
Converse Hires Hip-Hop Artist as Endorsee
Converse announced that Common, Grammy award winning hip-hop artist and actor, will be the face of Converse (PRODUCT) RED. Common will appear in Converse's first national print campaign to further support Converse's partnership with (PRODUCT) RE
Timberland Appoints VP Men’s CasualGear Footwear
The Timberland Co. appointed Tom McGee to Vice President of Men’s CasualGear Footwear. In this role, McGee will be responsible for the global strategic vision for the Men’s CasualGear Footwear division and will provide direction for the footwear design, d
Eagle Creek Hires New Luggage Specialty Sales Manager
Eagle Creek has hired Julie Goetz as national sales manager for the luggage specialty market. Goetz most recently served as regional sales manager at Briggs & Riley. Previously she served in sales management roles at Heritage Industries/Kenneth Cole Trav
Dynacraft to Launch Tony Hawk Bikes
Dynacraft BSC, Inc., the U.S. bicycle distributor, entered into an exclusive licensing partnership with skateboarding legend and action sports pioneer, Tony Hawk. Under terms of this agreement, Dynacraft will develop several new lines of bicycles under th
NSGA: Females Represent Majority in Fitness Activities
Among sports participants age seven and older, females constitute a majority of participants in four of six fitness activities, according to data in the new NSGA Sports Participation reports. After aerobic exercising (71%), females represented 50% or more
Helen McCluskey Takes Over Warnaco Swimwear Business
The Warnaco Group, Inc. announced that Helen McCluskey, its Group President Intimate Apparel, has added to her responsibility global management of the Company's Swimwear brands…
Bike Barn acquires ACME Bicycle
Bike Barn has acquired ACME Bicycle Co. and now operates six stores in the greater Houston area, according to the Houston Chronicle…
