SGB Update Apparel
Jeff Weidman Takes a Step Back from Rutabaga…
After five years at the helm of Rutabaga, store co-owner Jeff Weidman is reducing his day-to-day involvement, as well has his share of the business. Darren Bush, Weidman’s business partner, will be stepping up and taking on more responsibility. Bush has b
Garmin Inks Deal to Acquire Its Danish Distributor…
Garmin signed a letter of intent to acquire Fairpoint Navigation, the distributor of the company's consumer products in Denmark. The completion of the acquisition – expected to occur in January 2008 – depends on negotiations and the execution of a de
Saucony Looks to Pick Up Share in Run Specialty; Sees New Focus on Originals…
Richie Woodworth, president of Saucony, Inc., said the company has three very distinct and main areas of focus for the future. First, they will continue to focus on continued growth in the core running specialty channel. Woodworth said they now hold the
West Marine Sees Store Closures Hurt Sales Line in Q3
West Marine, Inc. saw comps sales inch up 0.3% for the third quarter as net sales decreased 4.1% to $187.5 million from $195.6 million last year, following the closing of 35 stores in 2006…
Nautilus Cuts 80 HQ Jobs
Nautilus, Inc. plans to reduce its workforce by 140 positions, including 80 spots at the company's headquarters. The rollback will cause the company’s expense line to be diminished by “more than $10 million on an annualized basis.”…
The Finish Line/Genesco Merger Deadline Extended…
The Finish Line Inc. said Thursday its lenders will extend the termination date for financing the retailer's proposed $1.5 billion takeover of Genesco Inc. UBS Loan Finance LLC and UBS Securities LLC extended the termination date to April 30, 2008, f
Pro Golf of America Acquired By Investment Group…
Pro Golf of America Inc., the franchisor for 80 independently owned Pro Golf stores, has been acquired by an investment group in bankruptcy proceedings. Terms of the deal were not disclosed. Pro Golf’s assets were sold after Ajay Sports Inc., the former m
Pony Partners with PPG Industries
Pony International announced a partnership with PPG Industries, a supplier of paints, coatings, chemicals, optical products, specialty materials, glass and fiberglass. Pony said that PPG's state-of-the-art coating systems will enable Pony to infuse
Rock/Creek StumpJump Raises $4,000 for Cumberland Trail Conference
The 7th annual Rock/Creek StumpJump 50K sold out months in advance, attracting 400 runners and raising $4,000 for the Cumberland Trail Conference. Friday before the race, Rock/Creek hosted the general public for a Vendor Fair, and then served racers a cat
Nike Names CEO of Hurley; VP of Global Apparel
Nike, Inc. named Jill Stanton as VP of global apparel for the Nike brand. She succeeds Roger Wyett, who has been named CEO of Hurley International. Joe Serino, who brings over 25 years of experience in the apparel industry, will become the new VP of appar
ExOfficio Supports Cascade Land Conservancy
ExOfficio is joining the Cascade Land Conservancy (CLC) to help restore the Duwamish River. ExOfficio will kickoff its on-going initiative at the third annual Duwamish Alive! event on Saturday, October 13, 2007 from 10am to 2pm at the Duwamish Riverbend
Jack Wolfskin to Build New EU Warehouse
ProLogis will build a new industrial warehouse in northern Germany for Jack Wolfskin, a leading European provider of outdoor equipment, footwear and apparel. The 366,000 square foot facility will be developed on land recently acquired by ProLogis southwes
Quiksilver Opens Store in Toronto
Quiksilver has opened a 2,300-square-foot, company-owned, full-priced retail store on Queen Street in the heart of one of Toronto's most vibrant communities. The new store, the company's second in Canada, offers a distinctive selection of Quiks
Under Armour’s Plank Donates $75,000 to Univ. of Maryland
Under Armour founder and CEO Kevin Plank donated $75,000 to the University of Maryland, his alma mater, towards the new fund for the Smith School's Dingman Center for Entrepreneurship. Plank, a 1996 graduate of the Smith School, launched Baltimore-ba
Hydrapak Purchases Gel-Bot Product Line from vDw
Hydrapak said is has purchased Gel-Bot product Line from Venture Design Works. The main offering of the line is the patented GEL-BOT bottle, a water bottle that incorporates a separate nutritional gel chamber for a product that uniquely combines hydration
