SGB Update Footwear
Weakness Continues for Cutter and Buck
Wave Group's Sports & Leisure segment, which includes Cutter & Buck and Craft and Seger, saw its revenues decrease 13% for the fourth quarter, to SEK (Sweden Kronor) 344 million ($47.5 mm) but EBITDA increased 8.5% to SEK 31.9 ($4.4 million). Craft s
ispo Sets Record as Attendance Climbs 7%
Financial tremors in Europe failed to squelch enthusiasm for the 70th annual ispo show in Munich, where attendance grew 7%, according to show owner Messe München International (MMI)…
Kmart Gets New Apparel Chief
Sears Holdings named Tara Poseley as SVP and president – Kmart Apparel. Poseley was formerly President for BEBE SPORT, and in six months created..
Khombu Footwear Moves Headquarters
Khombu, a maker of apres ski footwear, said it is moving its headquarters from Avon to Canton, MA and building a sales staff to focus on children's footwear…
Counterfeit Apparel Seized During NBA All-Star Weekend
Nearly $200,000 worth of counterfeit sports merchandise was seized this weekend during the events surrounding the National Basketball Association's All-Star 2010 game in Dallas, federal officials said at a news conference…
Eco-Summit to be Held at Nike Headquarters
Executives from Nike, Starbucks and other companies will join Oregon Representative Garett Brennan and labor leaders at Nike's headquarters on February 16 to advocate national climate and energy policies to create new jobs, restore America's com
Organic Cotton Production Grows 20%
Global organic cotton production rose by 20% in 2009 tipping the scales at 175,113 metric tons (802,599 bales) grown on 625,000 acres (253,000 hectares), according to a report from Organic Exchange (OE). Still, organic cotton now represents just 0.76% of
NHL Apparel Sales up 6-7% Year-to-Date
The National Hockey League reported that NHL soft-goods apparel in the season-to-date period (Oct. 2009 – Jan. 2010) are pacing at 6-7% above year-over-year sales. NHL hard-lines realized a 7%gain in North America compared to plan for fiscal 2009-10…
Wolverine World Wide Launches $200M Stock Buyback Program
Wolverine World Wide, Inc. announced that its Board of Directors approved a new share repurchase program at its regularly scheduled meeting February 11, 2010, authorizing up to $200 million in share repurchases…
SGMA Applauds First Lady’s Childhood Obesity Program
The Sporting Goods Manufacturer's Association (SGMA) praised First Lady Michelle Obama's childhood obesity program, claiming its launch “confirmed the significance of SGMA's public policy initiative which is focused on reversing the negativ
Rab Names Mid-Atlantic Reps
Following on the heels of hiring sales forces in several other key territories in recent months, Rab, manufacturer of premium outdoor apparel, this week hired Ferrand Associates to represent the brand in the mid-Atlantic territory…
VF’s Q4 Net Drops After Goodwill Writedowns, Vans and The North Face Lead Topline Growth
VF Corp. said fourth quarter revenues inched up 0.2% to $1.92 billion from $1.9 billion a year ago. Net income fell 42.2% to $66.9 million, or 60 per share, from $115.9 million, or $1.05, a year ago after a charge to reduce the carrying value of the good
Buff to Sponsor Janss Pro-Am Classic
Buff, Inc., the technical headwear firm, said it will become a Silver Sponsor of the Sun Valley Ski Education Foundation's (SVSEF) Janss Pro-Am Classic in Sun Valley, ID March 4-6, 2010. Buff, Inc. will be providing the group with 200 Original Buff..
Big Agnes Recognizes Bert Hopp as 2009 Sales Rep of the Year
Big Agnes Inc., maker of sleeping bags, pads and tents, recently announced the recipient of their annual award, “Sales Rep of the Year,” to Bert Hopp of Hopp Outdoors…
Burton Cuts Small Percentage of Staff and Reinstates Salaries
Burton has restructured its North American staff, resulting in a layoff of less than 2% of its global employee base. The company also announced that it reinstated salaries and merit increases that were decreased eight months ago…
