SGB Update Sports & Fitness
RECALL: Novara Afterburner Trailer Bicycles
REI is recalling approximately 5,200 Novara Afterburner Trailer Bicycles, because the trailer bicycle can detach from the adult bicycle, posing a fall hazard to children. REI has received one report of a children’s trailer bicycle detaching from the adult
Puma Partners with Peace One Day
In 2001 Peace One Day achieved its primary objective; having the UN general assembly adopt a resolution by all UN member states to formally establish an annual day of global ceasefire and non-violence. This International Day of Peace is September 21st. To
Asics Taps Industry Veteran as Apparel Product Manager
ASICS America Corporation has tapped industry veteran Patty Kelly as Apparel Product Manager. Patty, who specializes in brand and product launches, will focus her efforts on both Women's and Men's ASICS apparel.
Shred Alert Names Frey As VP
Shred Alert, Inc. added Tripp Frey to head its sales team as vice president of the company. With extensive financial analyst and management experience, Frey will lend his business expertise directing the sales force and market forecasting…
Cocona Receives Capital Infusion
Cocona Inc. (formerly Traptek, LLC) has received a “major capital investment” from Fairhaven Capital, a leading early- and growth-stage venture capital firm based in Boston, Massachusetts. Sources at both Cocona Inc. and Fairhaven declined to disclose th
Christina America Acquires Baltex Swimwear
Montreal-based Christina America has purchased the assets of Baltex Swimwear. The deal maintains the Baltex name and secures a significant number of Baltex jobs. The transaction price was not disclosed…
Bakers Footwear President Resigns
Bakers Footwear Group, Inc. announced that Michele Bergerac, President and Director, has resigned from the company to pursue other interests. In addition, Bakers named Mark Ianni, previously General Merchandise Manager to the position of Chief Merchandisi
Mainland Headwear H1 sales and Profits Decline
Mainland Headwear H1 turnover was HK$255.1 million ($32.7 mm) representing a drop of 20% when compared with the same period last year. The decrease in turnover was mainly attributable to the Group’s disposal of its subsidiary Drew Pearson Marketing Inc. i
New Sport Supply Group Looks Ahead after Year of Integration…
Sport Supply Group, the entity formed after Collegiate Pacific, Inc. acquired the former Sport Supply Group in November 2006, ended its first fiscal year as a combined business with bottom line gains that more than doubled compared to the previous fiscal
Boarding for a Better World?
The ASR show floor was awash in a wave of green, as has been happening in several industries after migrating initially from the Outdoor world. Several companies, like Simple, IPATH and Element, have always included an eco aspect to their brand message and
Kellwood Sees Second Quarter Loss Expand; American Rec. Sees Strong Growth in Q2
Kellwood Company Q2 net sales increased 1.3% to $465.4 million compared to $459.6 million in the second quarter last year. The company’s net loss was $65.8 million, or $2.54 per diluted share, versus net earnings of $7.2 million, or 28 cents per diluted s
Iconix to Acquire Pillowtex Brand Portfolio
Iconix Brand Group, Inc. has entered into a definitive agreement to purchase Official Pillowtex, LLC, a licensing company that owns a large portfolio of home brands including four primary brands, Cannon, Royal Velvet, Fieldcrest and Charisma and numerous
Saks Sees August Comps Jump 18.2%
Retailer Saks Incorporated saw owned sales total $213.5 million for the month of August compared to $178.2 million for the same period last year, a 19.9% increase. Comparable store sales increased 18.2% for the four-week period…
The Finish Line Q2 Comps Decline 4.7%; Expects Loss
The Finish Line, Inc. recorded net sales of $343.0 million second quarter, increasing 1.3% versus consolidated net sales of $338.6 million for the same period last year. Total company comparable store net sales for Q2 decreased 4.7%. By concept, Finish Li
Genesco Inc. Turns in Weak Q2; The Finish Line Looks to Re-Evaluate Merger…
Shortly after Genesco, Inc. reported its disappointing second quarter results last Thursday, The Finish Line, Inc., which is in the process of acquiring its rival, came out with an announcement of their own that signaled their own disappointment. FINL sa
