SGB Update Apparel
Skechers Sees Mammoth Opp for Cali…
Skechers reported that its biggest customer was itself, with owned-retail accounting for approximately 20% of total sales through its more than 180 company-owned stores. International is also a large business for the company, pegged at about 20%…
G-III Catches Performance Bug…
G-III Apparel Group plans to introduce Calvin Klein Performance, a technical apparel line featuring moisture wicking fabrics and other performance materials. The collection will debut in February with distribution including Macy's and Paragon Sports
Report: Nike Close on Bauer Deal…
Nike is close to completing a deal to sell Nike Bauer to a financial buyer from outside the industry, according to Canada's Globe and Mail newspaper. Sources familiar with the bidding process told the newspaper that the steep price tag for Nike Bauer
Warnaco Sees Beach Erosion…
Joe Gromek, president and CEO of The Warnaco Group, said he expects only modest growth from the Speedo business in 2008, despite having the benefit of the upcoming Beijing Olympics…
Cuts Start at Expanded Jarden…
Stearns, Inc., which was part of the K2 Inc. sporting goods empire acquired by Jarden Corp. last year, has laid off more than 20 employees, including company president Paul Ebnet. According to reports in the St. Cloud Times, the downsizing will be taking
Consolidators See Outdoor Divisions Still Making Biggest Contributions…
VF Corp.’s outdoor coalition of brands will play the lead role in helping the apparel giant meet its recently upgraded five-year growth plans, the company’s new CEO told analysts last week. Wolverine World Wide, Inc. is looking at revenues in the range of
Volcom Adds Sunglasses; Lowers Q4 Outlook…
Volcom began its discussion at ICR with a welcome to the newly acquired Electric Visual business, which was founded by industry veterans, Kip Arnette and Bruce Beach. Electric is mainly known for its sunglasses and goggles, though approximately 15% of the
Hi-Tec Sports Appoints Product Manager
Hi-Tec Sports appointed Mark Cooper as Global MTO Product Manager. With over 21 years of industry experience in sales and product development, Cooper has worked for numerous brands including Adidas UK, Ascot, Patrick UK and Dunlop/Slazenger International.
Augusta Sportswear Flipped to New PE Firm…
Augusta Sportswear Holdings Inc. has been flipped to a new private equity firm backing members of Augusta's management team. Terms of the deal were not disclosed, but reports on TheDeal.com had the acquisition valued in the $405 million to $450 milli
Sports Direct Warns of Tough Six Months Ahead
Sports Direct International, the U.K. sporting goods retailer, predicted an “increasingly difficult” sales environment over the next six months, but still expects to meet its recent guidance…
Apparel Companies Look to New Channels and Categories to Diversify Growth…
Delta Apparel, Inc., parent company to M.J. Soffe, took the stage at both Cowen and ICR to highlight the progress of recent initiatives designed to bolster sales and improve profitability. While it continues to see growth in the screenprint market, Gildan
Skins Supports Cycling Teams
Skins, the compression apparel company, has been named an Official Supplier to Team Inferno, Team Bissell, Team Flexpoint, Kelly Benefit Strategies/Medifast Pro Cycling and Skins/Summit Six Racing Team. The product will be supplied for use to all team me
Latest SIA Retail Audit Reveals a Sluggish Market Through Nov…
The SnowSports Industries America is reporting that snow sport sales for the 2007 August to November period reached $897 million, an increase of just 2% over last season’s anemic early season sales…
Camelbak Begins Shipping BPA-free Bottles
CamelBak said it began shipping its first BPA/Phthalate-free bottles today, a week ahead of schedule, and that its entire line of bottles would BPA-free by summer 2008. CamelBak announced in November that it would move away from BPA/Phthalate because of
Canada’s Golf Town Plots Expansion
Golf Town, based in Toronto, plans to open five new stores in key markets throughout the Quebec region over the next twelve months. Established in 2002, it and currently operates eight retail stores across Quebec. It has over forty across Canada…
