Prince Global Sports is relocating its corporate headquarters to Atlanta. Prince is finalizing a lease agreement to move into commercial property in the Buckhead area…
Year: 2014
HanesBrands’ Analyst Meeting Highlights Margin Improvement
HanesBrands, the parent of Champion, Hanes and Gear For Sports, highlighted its margin-enhancing Innovate-to-Elevate strategy and priorities for use of cash flow at the company’s investor day meeting on Thursday, Feb. 27…
JC Penney Swings to 4Q Profit
JC Penney reported its first quarterly sales gain since the second quarter of 2011…
Timex Names New VP of Sports Sales
Timex Group USA has named Stan Brajer as a vice president for sports sales…
Kohl’s’ Q2 Profits Slide
Kohl's Inc. reported earnings declined 12 percent in the fourth quarter as comparable-stores sales slid 2.0 percent…
Safilo Group to Pay $21 Million to Settle ItaIian Tax Dispute
Safilo Group S.p.A., the Italian eyewear company that owns Smith Optics, will pay Italian tax authorities €21 million over the next three years to settle a dispute over how it handled transfer pricing and other international tax matters…
Deckers Posts Surging Q4 Profits on Double-Digit Sales Gains
Deckers Outdoor Corp. reported sales in the fourth quarter increased 19.2 percent to a record $736.0 million.
Among its larger brands, sales grew 18.1 percent at Ugg, 45.2 percent at Sanuk, and 13.6 percent at Teva. Retail sales increased 31.4 percent to
Boston Marathon Bans Personal Bags
The Boston Athletic Association announced a “no bags policy” for the 2014 Boston Marathon to expedite security checks and promote overall safety at the race in the wake of last year's bombing…
West Marine Trims Q4 Loss
West Marine, Inc. slightly reduced its net loss in the fourth quarter to $11.2 million from $11.7 million a year ago. Sales increased 0.5 percent, to $118.8 million compared to $118.2 million for the fourth quarter of 2012. Comparable store sales also inc
Fruit of the Loom Efforts in Honduras Recognized by EPA
Fruit of the Loom, Inc., which designs, makes and markets Spalding and Russell Athletic apparel, has been named a recipient of the EPA's Climate Leadership Award for its committment to reducing its carbon footprint in Honduras, which supplies 27 perc
15 Celebrity Athletes to March on Capitol Hill Promoting Pro Activity Legislation
The 15th annual National Health Through Fitness Day in Washington, D.C. has celebrity appeal. On Wednesday, Mar. 5, one Heisman Trophy winner (Herschel Walker) and two U.S. Olympic Gold Medalists (softball pitcher Jennie Finch and swimmer Cullen Jones) wi
GU Energy Promotes Three to VP and Director Positions
GU Energy Labs has promoted Michael Littleton to vice president of finance, Magdalena Lewy-Boulet to vice president of innovation and Lauren O’Connor to director of marketing…
TJX Eager to Open Sierra Trading Post Stores
The TJX Companies plans to open late this year its first Sierra Trading Post (STP) stores since acquiring the retailer and has grown much more enamored with the outdoor space, CEO Carol Meyrowitz said Wednesday. Meyrowtiz said the new stores would offer e
Bogs Sales Jump 22 Percent in Q4
Weyco Group, Inc. said North American wholesale sales of its Bogs outdoor footwear brand rose 22 percent in the fourth quarter. The boot brand benefited from the “harsh winter weather across significant parts of the U.S.,” said Thomas W. Flors
OIA Commends Washington Governor for Creating Big Tent Outdoor Coalition
Outdoor Industry Association (OIA) commended Governor Jay Inslee for creating a task force to support outdoor recreation in Washington state…
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