SGB Update Apparel
U.K.’s Sports Direct Raises $1.82B in IPO
Sports Direct International PLC, the United Kingdom’s largest sporting-goods retailer, on Tuesday raised US$1.82 billion (929 million pounds; euro1.4 billion) in an initial public offering after owner Mike Ashley sold a 43 percent stake in the business. A
Marmot Promotes Three
Marmot Mountain L.L.C. made three internal promotions within the company. Laura Miera has been appointed to Vice President of Global Production; Beng Hook is the new Manager of Technical Design; and Jamie Ruderman has been appointed to Creative Director..
Warm Winter Causes Bob’s Stores to Miss Q4 Targets…
The TJX Cos. Inc. saw its Bob’s Stores division just miss its target of halving the operating loss as forecast at the start of the year. On a conference call with analysts, newly anointed CEO Carol Meyrowitz attributed the near miss to the “unusually wa
Pacific Sunwear Breaks Down Business at Roth OC Conference…
At the Roth OC Conference, Pacific Sunwear gave a little more insight into their business than they typically have in the past. The company said that at PacSun, the business splits 57/43 between guys and girls, but that they hope to get the girls side up
SOS Expands Media Team…
The SportsOneSource Group has expanded its Media Services Group team, adding one additional full-time editor and a west coast ad sales manager. Tom Ryan, who had been an editor with SGB and ran the Outdoor Business online venture for VNU, has joined the c
Pacific Brands’ Slow Outdoor Sales Offset H1 Footwear Gains…
Thanks to strong gains in its Homegoods and Footwear groups, Pacific Brands Limited was able to post increases on both the top and bottom line for the first half of fiscal 2007. However, decreases in both sales and EBIT in the Outerwear & Sport division o
Telemark Companies Choose Sides
Garmont is seeing their business diversify this year, as more specialty ski shops take on telemark and alpine touring brands. As a result, the SIA show cycle is getting more important to the company. Also because of this, they are beginning to see more in
American Skiing Co. to Focus on Utah and Maine Resorts…
American Skiing Company has been selling off several of its resort holdings over the past three months. Just last week, the resort holding company announced plans to sell Mount Snow and Attitash resorts for $73.5 million, and in December announced a deal
NEOS Sold to Norcross Safety Products…
Norcross Safety Products recently announced a deal to acquire NEOS Overshoes. The deal closed in September 2006, but no details were released until recently. Norcross will be moving NEOS into its Rock Island, IL headquarters. Scott Hardy, founder of Willi
Rodale, owner of Runners World, Acquires Running Times
Running Times has been acquired by Rodale Inc., the owner of Runner's World. Terms of the transaction were not disclosed. Running Times will continue to operate under the Running Times brand, and will be independent of Runner's World…
Sunny’s Great Outdoors To Liquidate
Sunny’s Great Outdoors filed for bankruptcy in early February and is closing its doors, according to court documents. The Elkridge-MD-based retailer operates 13 stores around the Mid-Atlantic region and employs 150 full-time and part-time workers…
Warnaco’s Swimwear Profits Sink in Q4 on Ocean Pacific Sale
The Warnaco Group Inc. said its swimwear group's sales grew 1.3% in the fourth quarter, to $84 million from $83 million a year ago. Operating income in the segment, which includes Speedo, fell to $8.4 million from $12.5 million, reflecting losses rel
Payless, Nike Launch High-Tech Sneaker
Nike Inc. brought out soccer stars Brandi Chastain and Hope Solo and world-renowned volleyball player Logan Tom at a New York press event to help launch Tailwind, a women’s performance footwear and accessories brand that will be exclusive to Payless ShoeS
WSA Decides to Keep Later Spring ’08 Show Dates
The WSA Show announced the decision to maintain existing dates and locations for the February 2008 show. The show, in the three-day format which will begin in August, will take place as scheduled Feb. 21-23, 2008 at The Mandalay Bay Convention Center and
Adidas Appoints New Divisional Heads
Adidas has appointed Bernd Wahler as chief marketing officer Sport Performance and Hermann Deininger as chief marketing officer Sport Heritage/Sport Style. Both executives will report directly to Erich Stamminger, president and CEO of the adidas brand…
