SGB Update Apparel
Delta Fiscal Q1 Slips to Loss Despite Sales Gains
Delta Apparel net sales for the fiscal first quarter, which ended September 29, 2007, increased 15.8% to $72.6 million compared to $62.7 million in the prior year’s first quarter. The increase was driven primarily by the FunTees and Junkfood businesses, b
20 Degrees North Inks Xterra Footwear and Apparel License
20 Degrees North has signed a licensing agreement with TEAM Unlimited to design, market and produce performance and lifestyle footwear, apparel and accessories under the Xterra brand name. All products – geared for the ageless, active-minded multi-sport
Iconix Q3 Licensing Revenue Nearly Doubles
Iconix Brand Group licensing revenue for the third quarter of 2007 increased 93% to approximately $42.7 million, as compared to approximately $22.1 million in the third quarter of 2006. Net income for the third quarter increased 114% to $17.0 million vers
Under Armour Q3 Income Climbs 25%; Sales Jump 46%
Under Armour, Inc. net revenues increased 46.3% in the third quarter to $186.9 million from $127.7 million a year ago. Apparel revenues catapulted 44.8%. Net income increased 25.4% to $20 million, or 40 cents a share, from $16 million, or 32 cents. Result
Sports Direct Doubles Stake in Umbro
Sports Direct, headed by U.K. billionaire Mike Ashley, filed papers notifying the London stock exchange that the retail chain has acquired a 29.9% stake in Umbro, almost doubling its original holdings in the company. Previously, Sports Direct owned roughl
Reef Promotes Marketing Directors
Reef, a subsidiary of VF Corp., promoted Lindy Williams to Girls’ Marketing Director and PJ Connell to Men’s Marketing Director. Said Kevin Flanagan, Reef VP of Marketing. “Both have been instrumental in growing Reef during the brand’s explosive year wher
L.L.Bean Earns Worker Safety Standards
L.L.Bean has become the 15th Maine employer to enroll in a program that lets companies develop and maintain employee protections beyond federal safety regulations. A ceremony on Tuesday marked the entry of L.L. Bean's Brunswick manufacturing facility
Hanesbrands Inc. Inks Disney Deal
Hanesbrands Inc. signed a wide-ranging marketing deal with Walt Disney Co. that includes product co-branding, attraction sponsorships and signage at Disney parks and resorts. Under the 10-year deal, all basic apparel sold by Disney at its parks and resort
Millet Hires Todd Johnson as U.S. Brand Manager
Millet, the alpine climbing label that's part of Lafuma Group, has appointed Todd Johnson as its new US Brand Manager. Johnson, formerly Wholesale Manager at Montbell USA, will be based in the Lafuma Group US headquarters in Broomfield, CO. Johnson b
Nike Expands Soccer Footprint with Umbro Deal
It is ironic that in a week that saw American football invade London, as the New York Football Giants took on the Miami Dolphins in the first NFL regular season game outside the U.S., that an American company would reveal its plans to acquire the U.K.
RECALLS
Collegiate Pacific is recalling approximately 800 Power Packs for Portable Team Hydration Units, because the battery inside the unit’s power pack box can cause excessive gas buildup, which can burst the lid of the power pack box…
Nautilus, Inc. Adopts Shareholder Rights Plan
Nautilus Inc. said its board adopted a shareholder rights plan, a provision that would make hostile takeovers difficult. An acquisition of 20 percent or more of its outstanding shares without the board's approval would trigger the rights plan. The s
Graphite Design Names Promotions Manager
Graphite Design has appointed Erik Boysen as promotions manager. Boysen, most recently sales and marketing manager for Sonartec Golf, will oversee Graphite Design’s staff of professional tour representatives and work directly with original equipment manu
Soles4Souls Inc. Sends 50,000 Pairs California Wildfires Victims
Soles4Souls Inc. announced that it was sending more than 50,000 pairs of new shoes to victims of the Southern California fires. The shoe charity is coordinating the effort and partnering with several other relief organizations and government agencies to e
USA Basketball Looks at Possible HQ Move
USA Basketball is considering the relocation of its headquarters and national training facilities following the conclusion of the 2008 Summer Olympic Games. USA Basketball has issued a request for proposal (RFP) to solicit proposals from cities intereste
