SGB Update Apparel
Mike Ashley Buys adidas Stake; RBK Moves EU Headquarters
Sports Direct’s Mike Ashley has invested £183 million ($350 mm) on a 3.14% stake in adidas. The entrepreneur used his own resources to buy the adidas stake, rather than those of Sports Direct…
Gildan Plans Five North American Factory Closures
Gildan Activewear Inc. will close its two remaining textile facilities in Montreal, as well as its cutting facility in Bombay, N.Y., in the fourth quarter of the current fiscal year. Two sewing facilities in Mexico, which are supplied with fabric from Gil
Jetboil Hires Lathrop as VP of Sales
Jetboil hired Chris Lathrop as the company’s new vice president of sales. As VP of Sales, Lathrop will be responsible for overseeing Jetboil’s strategic sales growth and business development activities, marketing and branding initiatives, and will provide
Phoenix Footwear May Not Meet Financial Covenants for Q1
Phoenix Footwear Group Inc., the parent of Royal Robbins, said it does not believe it will meet its financial covenants for the first quarter and the company's independent public accountants have included a “going concern” qualification in its report
Delta Apparel Appoints Dr. Gatewood to Board of Directors
Delta Apparel, Inc. has elected Elizabeth J. Gatewood, Ph.D. to its board of directors. Dr. Gatewood is the Director of the University Office of Entrepreneurship & Liberal Arts at Wake Forest University, a position she has held since 2004. The Office of E
Mission-Itech Restructures Canadian Sales Team
Mission-Itech Hockey made several changes to the structure of its Canadian sales force. John Casey will move from his current position as the director of Canadian sales into a position as an independent sales representative with his company – John Casey M
Sports Direct’s Ashley Buys Adidas Stake
Sports Direct’s Mike Ashley has invested £183m (U.S. $350 million) on a 3.14% stake in adidas…
REI Announces Board Election Results
Recreational Equipment, Inc. announced its 2007 board election results during its annual membership meeting held March 26. Cooperative members voted to return incumbents Anne Farrell and Tom Harville, and elected John Hamlin and Edward M. Schmults to thr
Forzani Shares Reach Three-Year High on Continued Upside from Repositioning…
The Forzani Group continued to see improvements to its bottom line from the repositioning it initiated last year. Even with relatively low sales increases and expanding G&A and operating expenses in the fourth quarter, the company’s significant growth in
Companies Offer up More Insight at Merrill Lynch Conf…
Executives at Golfsmith Inc., Brown Shoe, Iconix Brand Group, and Warnaco, Inc. discuss strategy at Merrill Lynch Conference…
Finish Line Taps Nordstrom Exec for Chief Merchant Role
The Finish Line appointed Samuel Sato as EVP and chief merchandise officer of Finish Line. Sato will be responsible for all product lines for Finish Line stores and reports to Glenn Lyon, president. Lyon had been overseeing merchandising for the retailer.
Horizon Fitness Receives ISO 9001:2000 Certification
Horizon Fitness has received ISO 9001:2000 certification. To receive ISO 9001:2000 certification, Horizon Fitness underwent an extensive auditing process by a third-party registrar company. The review process, which took more than a year to prepare for, e
Payless ShoeSource Hires Women’s Footwear Designer
Payless ShoeSource hired Bernard Figueroa, most recently head of Footwear Design for Michael Kors, as Payless' Director of Design for Women's Footwear…
Earth Committs to Ergo-Friendly Packaging/Products
Earth Inc., the maker of Earth footwear, announced a series of initiatives to devote itself to more eco-friendly packaging and products…
Golf Galaxy Rolls Out GolfWorks
Golf Galaxy, Inc., a subsidiary of Dick’s Sporting Goods, announced that all 69 of its stores have been newly built or remodeled to include The GolfWorks store-in-store department, which caters to the hobbyist and professional golf clubmaker…
