SGB Update Apparel
Genesco Files Suit to Force Finish Line into Merger
Genesco Inc. has filed suit in Chancery Court in Nashville, Tennessee, seeking an order requiring The Finish Line, Inc. to consummate its merger with Genesco and to enforce The Finish Line's rights against UBS under the Commitment Letter for financin
GSI and QVC Report Success from NFL Partnership
QVC and GSI Commerce Inc. report success from their recent partnership to sell NFL merchandise through QVC.com. The partnership reports that the 20th anniversary of QVC's “Today's Special Value” television program resulted in more than 9,000 cus
Kellwood Receives $21 Per Share Takeover Bid
Kellwood Company has received an unsolicited letter from Sun Capital Securities Group, LLC, indicating the group's interest in pursuing an acquisition of all of Kellwood's outstanding shares at a price of $21 in cash per share. The Sun Capital p
Shred Alert Names Frey As VP
Shred Alert, Inc. added Tripp Frey to head its sales team as vice president of the company. With extensive financial analyst and management experience, Frey will lend his business expertise directing the sales force and market forecasting…
Cocona Receives Capital Infusion
Cocona Inc. (formerly Traptek, LLC) has received a “major capital investment” from Fairhaven Capital, a leading early- and growth-stage venture capital firm based in Boston, Massachusetts. Sources at both Cocona Inc. and Fairhaven declined to disclose th
Christina America Acquires Baltex Swimwear
Montreal-based Christina America has purchased the assets of Baltex Swimwear. The deal maintains the Baltex name and secures a significant number of Baltex jobs. The transaction price was not disclosed…
Kjus Inks Deal with Bode Miller
World ski racing champion Bode Miller has chosen KJUS systems skiwear as his official uniform supplier for his new independent race team through at least the 2010 Olympic Winter games in Vancouver, Canada. The news was announced today by LK International
adidas to Sponsor 2012 London Olympics
adidas has reached an agreement to sponsor the 2012 summer Olympics in London. The deal is valued at $99.6 million, and is expected to be formally announced on Thursday during a press conference featuring U.S. sprinters Tyson Gay and Allyson Felix. Both A
Warnaco to Sell Most Designer Swimwear Brands
In a bid to enhance profitability, Warnaco Group Inc. said it plans to sell its Catalina, Anne Cole and Cole of California brands, leaving it with only Calvin Klein and Speedo among its swimwear brands. The company added that it will explore strategic alt
More From the Floor: SEW Talks Education with the PGA…
As player participation is forecasted to steeply increase in the coming years with baby boomers moving into retirement, Brian Whitcomb, president of PGA America, sat with SEW to talk about the future of golf, both in those playing and those working in the
UBS Concerned About Financing Finish Line – Genesco Deal
The Finish Line, Inc. said it has received two letters from UBS Loan Finance LLC and UBS Securities LLC, which have been provided to Genesco Inc. As previously announced, UBS provided The Finish Line with a commitment letter regarding financing for its pr
Nordica USA Opens New Headquarters
Nordica USA has officially opened for business in its new corporate headquarters in West Lebanon NH. Commemorating the new building, Nordica held its first national sales meeting in the new facility August 21-23…
ESPN Founder Launches CollegeFanz.com
Bill Rasmussen, the founder of ESPN, has launched CollegeFanz.com, an interactive online experience featuring sports content and information for collegiate fans, their friends and alumni…
Mainland Headwear H1 sales and Profits Decline
Mainland Headwear H1 turnover was HK$255.1 million ($32.7 mm) representing a drop of 20% when compared with the same period last year. The decrease in turnover was mainly attributable to the Group’s disposal of its subsidiary Drew Pearson Marketing Inc. i
Brine to Supply Lehigh University Men’s Lacrosse
Brine Corp renewed its contract with Kevin Cassese as a member of the Brine Pro Player R&D Team. Brine Corp also announced that it has signed an official equipment supplier agreement with the Lehigh University Mountain Hawks Men's Lacrosse Team, wher
