Deep Distribution Adds Beck(y) to Inventory
Deep Distribution is proud to announce partnership with Beck(y), the accessories line that turns used skateboards into fashion-forward, usable bags…
The New Sports Authority Exceeds Expectations for Q3; Disappoints for Q4…
Things look to be moving along nicely with the integration of the former TSA and Gart businesses, but it is increasingly apparent that the new management team will have a lot of work – and expense — ahead of them cleaning up the dozens of TSA stores that
QBP Will Distribute Thule
Thule Car Rack Systems, the world-leading manufacturer of car rack systems, announced that they have appointed Quality Bicycle Products (QBP) of Bloomington, MN, as their exclusive U.S. distributor to the independent bicycle channel…
Epstein Suddenly Departs Fila Parent…
Just days after Liz Claiborne finalized its acquisition of the Enyce brand from Fila, the architect of Fila’s management buyout by Cerberus Capital Management has resigned as president and CEO of the company set up to run the business. Sports Brands Inte
Wellspring Capital Acquires Edwin Watts Golf
Edwin Watts Golf, a leading retailer of golf equipment, apparel and accessories, announced today it has entered into a partnership with Wellspring Capital Management LLC, a New York-based private equity investment firm.
WRC After Lands’ End This Time…
Lands’ End is seeing the same kind of pressure from the Workers Rights Consortium that nearly drove New Era to move their production overseas. WRC conducted an assessment at the company’s Primo Factory in El Salvador, which is a source for much of Lands’
Brown Shoe Company Closes Ontario Manufacturing Facility
Brown Shoe Company announced plans to close its Perth, Ontario, manufacturing facility by early March 2004 in an effort to reduce costs and focus its Canadian operation on building market share for its Naturalizer brand.
Gildan Activewear to Move into Retail Channel, Change to U.S. Dollar Reporting…
The Canadian supplier of blank t-shirts, sport shirts and fleece, with offices in Barbados and manufacturing in Latin America, will now be using the U.S. dollar as its functional and reporting currency. The company also indicated that it will build addit
Brown Shoe Loses Colorado Environmental Impact Suit
A Colorado State Court jury in Denver found a subsidiary of Brown Shoe Company partially responsible for alleged environmental impacts on a neighborhood near a former Brown plant…
Huffy Shares Plunge after Company Issues Q4 Warning…
In a hastily arranged conference call with analysts last week, executives at Huffy Corporation lowered their guidance for the fiscal fourth quarter based on lagging November and flat October sales…
Joy Athletic’s Barnhill Indicted for Fraud
Jeffrey Barnhill, the former president and director of the now-bankrupt Joy Athletic apparel company, has been indicted for fraud. Barnhill and other defendants allegedly falsified financial statements, created false invoices and checks, used nonexistant
Martin Resigns CFO Post at Russell Corp.
Russell Corporation announced that Robert D. Martin, senior vice president and chief financial officer, will leave the company effective December 31, 2003. Eric N. Hoyle, Russell's CFO from 1998 to 2000, will assume responsibility as interim chief fi
Callaway Moving Hogan to Carlsbad…
We’ve been waiting for the other shoe to drop as Callaway Golf Company moves to consolidate the operations of its recently acquired Top-Flite Golf divisions…
G-III Repositions for Profitable Growth…
G-III Apparel Group, Ltd. has been busy cleaning up inventories and building a sportswear business to flatten out its sales cycles that have always depended upon outerwear sales…
At Retail, Apparel Means Profits in Q3…
While it appears at first glance that the Sporting Goods sector in our Q3 Retailer Performance Report (see page 11) outperformed the other sectors in net income growth, one only has to look at the extremely poor return on sales in the sector and it’s clea
