SGB Update Apparel
Timberland Acquires Skate Brand IPATH
The Timberland Company acquired substantially all of the assets of IPATH, LLC through a new wholly-owned subsidiary, IPATH Footwear Inc. IPATH designs, develops and markets skateboarding-inspired casual footwear, apparel and accessories. The IPATH busines
Exel Sports N.A. Restructures
Exel Sports NA, a fully owned subsidiary of Exel Plc, a Finnish manufacturer and developer of composite consumer
products including cross-country ski, alpine ski, trekking and Nordic Walking poles announced today that Chris Griffin has been appointed as p
Neiman Marcus’ Computer Equipment Stolen
The Neiman Marcus Group announced that computer equipment owned by a third-party pension benefits plan consultant containing files with sensitive employee information was reported stolen. The Company has no reason to believe that the data contained in the
lucy to Open Arlington Store
lucy is expanding its East-Coast presence by opening a new store in Arlington, Virginia. The new lucy store is located at Pentagon Row. lucy will join other stores, including Chico’s, Elizabeth Arden and Bombay.
Foot Locker Goes Public with Genesco Acquisition Attempt…
Foot Locker, Inc. on Friday made public its recent attempts to acquire all of the outstanding stock of Genesco Inc. for $46 per share. In a letter sent April 19 to Hal Pennington, chairman, president and CEO of Genesco Inc., from Matthew Serra, chairman
Wolverine Worldwide Gets Another Solid Quarter from Outdoor; Lifts Guidance…
Tim O’Donovan last week conducted his last analyst conference call as the CEO of Wolverine World Wide, Inc. as Blake Krueger, company president and COO, assumed the reins as CEO under a succession plan previously approved by the company’s board of directo
FeelFree Adds to Rep Force
Feelfree Kayak has hired Dennis and Diane Peters, of Simply Kayaking, Inc., as the exclusive Feelfree dealer sales representatives for Florida. The company has also announced the addition of Rich Lookabaugh as its sales representative for California, Ariz
Sportcraft Snags Classic Sport…
Sportcraft, Ltd. has acquired Classic Sport Companies, Inc. in a merger of two privately-held sports games companies. Terms of the deal were not disclosed. Since being founded in 1994, Denver, Colo.-based Classic Sport has expanded from its original infla
Skechers to Re-file Asics Suit…
Skechers USA, Inc. will be re-filing its lawsuit against Asics Corporation and Asics America Corp. for trade libel, unfair competition and tortious interference with prospective economic advantage and economic business relations. The suit will be re-filed
RECALL: Life is Good Kid’s Sweatshirts
The U.S. CPSC and the Independent Trading Co. of San Clemente, CA are recalling approximately 1,200 Life is Good children's sweatshirts. The garments have a drawstring through the hood, posing a strangulation hazard to children. In February 1996, CPS
Golfsmith Expects Expanded Q1 Loss
Golfsmith International Holdings, Inc. expects a net loss in the range of 31 cents to 32 cents per diluted share in the first quarter, widening from earlier guidance of a loss of 20 cents to 22 cents. The company also expects to report revenues of approxi
Rock Creek Outfitters Gives $1500 to the Cumberland Trail Conference
Rock Creek Outfitters's Rock Creek River Gorge Trail Race raised $1500 for the nonprofit Cumberland Trail Conference (CTC). According to CTC Executive Director Paul Freeman, Rock Creek's donation will go to the CTC's Spring Build, support
Orange 21 Doubles Loss in Q4 Despite 28% Sales Gain
Orange 21 Inc. reported net sales for the fourth quarter of 2006 increased 28% to $11.4 million compared to $8.9 million in the fourth quarter of 2005. The company reported a net loss for the fourth quarter of 2006 of approximately $4.0 million, compared
Callaway Golf Sees Strong Q1 on Higher Driver, Iron and Accessory Sales
Callaway Golf Company, based on current information, estimates net sales for the first quarter will be $330 million to $335 million, an estimated increase of approximately 10%. The company expects a corresponding increase of approximately 42% in earnings
Nike Receives Most Brand Exposure at Masters
Nike received the most brand exposure during the final round broadcast coverage on CBS held on April 8, according to Brand Exposure Analysis, a digital monitoring and valuation service conducted by Chicago-based Relay Worldwide. The firm said Nike earned
