Amer’s Atomic Division Acquires Volant
Atomic, The Winter Sports Division of Amer Group Plc. has acquired the Volant brand from Huffy Corporation. Under the terms of the agreement signed Monday, Atomic will acquire all patents, trademarks and intellectual property as well as the manufacturing
Huffy Issues Warning on Fourth Quarter Sales and Earnings
Huffy Corporation announced Monday that fourth quarter sales and earnings are below plan. Currently, sales in November are lagging sales for the same period last
year, orders for the balance of the quarter are running below anticipated levels and it is t
Canari Adds Tim Jackson To Its Flock
Canari Cycle Wear continues to strengthen its rep team, this time with the announcement of Tim Jackson…
Claiborne Completes Enyce Acquisition
Liz Claiborne Inc. announced today that it has completed the purchase of all of the equity interest in ENYCE HOLDING LLC for a purchase price of approximately $114 million, including the retirement of debt at closing…
Vendors See Upside from Healthy Retail Market…
Tighter inventories and stronger retail sales have led to improving margins for industry apparel and footwear vendors while the hardlines companies continued to lag the total industry numbers for the third quarter ended September. For those companies not
JC Penney Completes Mexico Divesture
J. C. Penney Corporation, Inc. and its subsidiary, J. C. Penney Mexico, Inc., announced Monday that it has successfully completed the sale of its six Mexico department stores to Grupo Sanborns S.A. de C.V. of Mexico City. The sale transaction, which was a
Dan Cooke Steps Down as Chairman/CEO of Next, Inc.
Next, Inc. announced that Dan F. Cooke has decided to take a leave of absence from his position as Chairman and Chief Executive Officer for personal reasons. Mr. Cooke also has stepped down from the Board of Directors…
Gates and Gore Confirm New Partnership Deal
As first reported in The B.O.S.S. Report, GATES Gloves and Gear has announced their renewed partnership with W.L. Gore & Associates. GATES has recently been licensed to manufacture gloves featuring the GORE-TEX® and WINDSTOPPER® fabrics…
Retail Executive Survey Sees Positive Outlook Slip
Retailers experienced some moderation in traffic and sales in November according to the latest findings of the NRF-BTM Executive Opinion Survey, a monthly index by the National Retail Federation and the Bank of Tokyo-Mitsubishi Ltd. The Retail Sector Per
Dwindle Opens Chop Chop Wood Shop in China for Skate Decks..
Dwindle Distribution announced this week that they will now be producing all of their skateboard decks in China. The new facility has been named the “Chop Chop Wood Shop” and is expected to allow the company to increase the number of man hours spent on ea
Amer Takes on ATEC, Dumps Tobacco…
Wilson Sporting Goods has purchased the Athletic Training Equipment Company from Sport Supply Group for a cash consideration of $10.5 million. ATEC, which manufactures pitching machines and training equipment, posted $11 million in sales last year and we
Genesco Adds Nike to Mall Mix…
Genesco is tapping into the renewed focus on athletic in the mall, deciding to add Nike to their broad breadth of footwear suppliers at Journeys and Underground Station. The company said it will add Nike to a “majority” of Underground Station stores and
Exclusive Product Will Make the Difference at Famous Footwear…
Brown Shoe Company management made the declaration last week in a call with analysts that “Famous Footwear is no longer a low-priced footwear chain”, stating that the chain offers top brands at exceptional value…
Carnival Held Back by Boot Weakness…
Although Shoe Carnival didn’t meet analysts’ (or its own) expectations for comp store sales for the third quarter, the retailer controlled expenses and saw improvement in gross margin through better inventory management to deliver results in line with the
Spalding to Provide Arena Football League Balls
Spalding, a division of Russell Corporation, and the Arena Football League (AFL) announced an agreement that will make Spalding the exclusive provider of the AFL's official game ball, beginning with the 2004 season which kicks off in February. Finan
