Kering SA of France and Safilo Group Spa of Italy are extending their partnership until 2020. Under a new agreement, Kering will pay $118 million to buy out the last two years of Safilo's Gucci license and enter a new four-year supply agreement start
Year: 2014
EMU Appoints VP OF North America
Australian footwear brand EMU appointed Dan Singer as vice president of North America…
OIA Appoints VP of Marketing and Communications
The Outdoor Industry Association announced that Jennifer D. Pringle has been chosen as its new vice president of marketing and communications. Most recently she served as a partner with 4Leaf Partners…
Aquabound/Bending Branches Joins Grassroots
Aquabound/Bending Branches has joined Grassroots Outdoor Alliance as a Vendor Partner…
Field and Stream to Open at Camp Hill, PA
Field & Stream will open a store at Capital City Mall in Camp Hill, PA…
Golf Rounds Pick Up in July
According to Golf Datatech, golf rounds played on a national level were up 1.1 percent during July compared to July 2013…
Durant Spurns Under Armour to Return to Nike
According to multiple reports, Nike signed NBA star Kevin Durant to a 10-year contract potentially worth about $350 million. Durant, the NBA's reigning most valuable player, had reportedly reached a tentative deal with Under Armour on a 10-year contr
Luxottica Moving to Dual CEOs in Wake of Guerra’s Departure
Luxottica Group S.p.A., which owns the Oakley and Ray-Ban sunglasses brands and Sun Glass Hut, parted ways with CEO Andrea Guerra Monday and unveiled a new management structure based on a co-CEO mode. Under the new model, one CEO focuses on Markets and th
PacSun Says Weak Denim Sales and Mall Traffic Drive Q2 Operating Loss
Pacific Sunwear of California Inc. reported its operating income dropped 83 percent in the second quarter due to highly promotional denim sales and store impairment charges at second tier malls…
L.L.Bean Says Changing Shopping Habits Enable Closing of Leased Call Center in 2016
L.L. Bean said a rapid change in the ratio of telephone to online orders will allow it to close a call center it leased in 2005…
Ralph Lauren Launches OMsignal-Powered Smart Shirt at U.S. Open
Ralph Lauren Corp. debuted a compression shirt on the first day of the US Open featuring biometric sensors. The launch demonstrated how smart apparel is leapfrogging the athletic industry and going straight to broader consumer markets…
Billabong’s Reports Tepid Teen Spending Increased Margin Pressure in Second Half
Billabong International Limited grew its sales in Asia, lowered its losses in Europe and is on track to increase sales in the United States for the first time in years, the company's CEO told investors last week…
RSG Appoints Run On! Founder as Advisor
The Running Specialty Group (RSG), the run specialty chain owned by The Finish Line, has appointed Bob Wallace, the former founder of Run On!, as senior adviser, strategic initiatives. The hiring follows a continuing upheavel in RSG’s management…
Tilly’s Traffic Weakness Continues in Q2
Tilly's didn’t offer any surprises in reporting a sharp drop in second-quarter earnings but did when it offered a profit outlook for the current quarter that missed Wall Street's expectations. In the quarter, profits tumbled 70.3 percent t
DSW Raises 2014 Guidance After Above-Plan Q2
DSW reported second-quarter earnings on an adjusted basis slid 24.7 percent but came in ahead of Wall Street's consensus estimate by 5 cents a share. Excluding items related to its merger with RVI as well as the termination of RVI's pension plan
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