• Features

Dick Baker Memorial Paddle Out Ceremony

On Sunday, May 31, hundreds of friends, family, and colleagues gathered in Doheny State Beach to honor the memory of former SIMA President/ Chairman Emeritus Dick Baker, who passed away on April 14 after a long battler with cancer.

josh hunter

• June 01 2009 | 722 views

• News

IRS Files Objection To Source Interlink’s Reorganization Plan

From Foliomag.com: “The objection said Source’s reorganization plan cannot be confirmed because it does not ensure adequate payment of the IRS’ tax claims. The IRS said Source and its affiliates have not filed a “staggering” number of federal tax returns.”

josh hunter

• May 27 2009 | 482 views | 7 comments

• News

Jim Gerson Joins VF Action Sports as President of Reef - Americas

VF Corporation announced today that Jim Gerson will be taking the reins as President of Reef. Gerson has been with VF Corp since 1986, and most recently served as Vice President of RD&D Soft Goods at The North Face.

Here’s the press release:

Carlsbad, CA – May 26th, 2009 - Reef is pleased to announce the appointment of Jim Gerson, currently Vice President of Apparel at The North Face, as President of Reef-Americas. In his new role, Jim will be responsible for developing the product line and brand strategy for the Reef brand worldwide and for the profitability of Reef-Americas beginning June 1st, 2009.

Gerson joined VF in 1986 as part of the Jantzen business and held progressive sales and merchandising roles leading their swimwear division. In 2000, he became Vice President of Swimwear for VF’s Tommy Hilfiger Licensee business. Gerson joined the The North Face as Vice President, Research, Design and Development and Brand Management in April 2001.

As The North Face grew, Jim transitioned to Vice President RD&D Soft Goods in 2005, overseeing all of the apparel business.

“Jim has spearheaded The North Face’s dedication to product innovation and has been a key contributor to the tremendous success of The North Face throughout his tenure with the brand,” said Stephen Murray, President of VF Action Sports Americas. “His successful background in managing key accounts in sales and leading merchandising initiatives brings to Reef a wide range of knowledge and experience from all angles of the business. I am confident that his expertise will prove to be a great asset to Reef.”

Gerson adds, “Reef is a strong brand with a rich heritage and a history for creating outstanding products. I look forward to sharing my product and brand experience to help Reef reach its full potential.”

Gerson holds a Bachelor of Science degree from the University of Idaho, with a Marketing emphasis in Management. He will transition to his new position at Reef effective June 1.

Media Contact: Lindy_Williams@vfc.com / 760.431.2366

josh hunter

• May 26 2009 | 420 views | 4 comments

• Features

Zumiez Makes $7.2 Million Bid For Active

Based on the offer made by Zumiez, Active proposes to sell its assets for a total consideration of up to as much as $7.2 million cash, depending upon the outcome of Zumiez valuation of inventory and determination of number of stores to acquire.

josh hunter

• May 18 2009 | 5,520 views | 37 comments

• Features

Billabong Trading Update

Billabong announced today that the company expects to report a full-year net profit in the range of $160-$165 million (ASD) for the year ending June 30—down from $176.4 million (ASD) in 2007-08.

josh hunter

• May 18 2009 | 242 views | 8 comments