Adidas Urged to Keep NBA Uniform Production in USA
Sen. Charles Schumer (D-N.Y.) urged adidas AG to maintain its NBA jersey production at American Classic Outfitters Inc. in Perry, NY, rather than ship the work overseas. Adidas had previously notified its U.S-based manufacturers — including American Class
Easton-Bell Sports Sells $350 MM in Notes
Easton-Bell Sports Inc on Friday sold $350 million of senior secured notes in the 144a private placement market. The size of the deal was increased from an originally planned $325 million…
NSGA Study: Female Fitness Participation Grows
Among the 39 sports surveyed by the National Sporting Goods Association (NSGA), exercise walking, swimming and exercising with equipment attracted the greatest number of female participants seven years of age and older in 2008, according to data in the As
Cleveland Golf Names Product Manager for Women’s/Juniors
Cleveland Golf/Srixon said Jilayne Lovejoy has been promoted to the position of product manager for the Women’s & Junior categories. Lovejoy, who began her career at Cleveland Golf as an intern in the marketing department, has also served as a buyer
SandP Lowers Foot Locker’s Debt Ratings
Standard & Poor's lowered the debt ratings of Foot Locker Inc. one notch to B+ from BB-. The rating agency cited operational challenges due to poor same-store sales and eroding credit-protection measures…
NRF Sees 134 MM Black Friday Shoppers
According to a preliminary Black Friday shopping survey, conducted for the National Retail Federation by BIGresearch, up to 134 million people will shop this Friday, Saturday or Sunday, higher than the 128 million people who planned to do so last year. Ac
TAG Signs Factoring Pact
Total Apparel Group, Inc., a master distributor and licensee of international trademarks in the branded apparel, footwear and accessories sectors, entered into a receivables factoring agreement with Coral Capital Solutions that will expedite the cash flow
Billabong to Acquire Swell.com
Billabong International Limited announced it has entered into a conditional agreement to acquire the United States-based online boardsports retailer Swell.com (Swell). Swell, founded in 1999, is a online retailer in the US boardsport sector and sells many
Brown Shoe’s Earnings Rise, Famous Footwear’s Comps Up 4.7%
Brown Shoe Co. reported net sales decreased 1% in the third quarter to $625.6 million from $631.7 million a year ago. Same-store sales for Famous Footwear increased 4.7% during the quarter and Specialty Retail same-store sales increased 4.1%…
NanoHorizons Opens New Headquarters
NanoHorizons Inc., the provider of nanosilver antimicrobial solutions marketed under the SmartSilver brand, has consolidated its corporate offices, manufacturing operations, and laboratories into a new facility located in Bellefonte, PA…
DSW Doubles Earnings, Comps up 8.7%
DSW Inc. doubled its earnings per diluted share in the quarter ended Oct. 31 on the strength of 8.7% comp store sales gains. The company reported net income doubled to $26.6 million on net sales of $444.6 million, up 13.5% from the the quarter ended Oct.
Hibbett Sports Gets Q3 Boost from Greater Focus on Performance
Helped by tighter expense controls and better product margins, Hibbett Sports, Inc. reported third quarter earnings increased in the mid-teens and raised its outlook for the year. Overall EPS of 30 cents per share in the quarter came in ahead of Wall Stre
Gregory Packs Adds New Designer to RandD Team
Gregory Mountain Products added a new product designer to its research and design division. John McGuire joins the Gregory team with experience in the outdoor backpack, commuter/lifestyle and travel bag categories…
The Buckle Sees Online Transactions Boost Third Quarter Sales
The Buckle, Inc. continued to bury its competition, posting impressive results in an otherwise dreary retail third quarter as the self-described “denim destination” continued to ride strength from online sales and growing comps. Net sales for
IPATH Names Director of Marketing
IPATH, the skate footwear brand owned by Timberland Inc., appointed Craig Metzger as its new director of marketing. Metzger brings to IPATH more than fifteen years experience in the action sports industry, including work in brand management, marketing and
