The Finish Line, Inc. announced the grand opening of its newly revamped store within The Mall at Millenia in Orlando to include an enhanced in-store experience and the addition of the latest Nike Track Club shop-in-shop. The brand will also host several e
Year: 2014
Trek to Occupy Much Larger Distribution Center in 2015
Trek Bicycle will be expanding its Wisconsin distribution capabilities in 2015 with a move from its existing global distribution center in Oconomowoc to a new 250,000-square-foot facility in Johnson Creek…
Intrawest CEO Resigns, Replaced by Investment Banker
Intrawest Resorts Holdings, Inc., which went public in February, announced its CEO had resigned for personal reasons and been replaced by investment banker Thomas F. Marano effective immediately…
Billabong and RVCA Sales Trends Improving in the U.S.
At its annual meeting, Billabong officials noted that Q1 wholesale sales for the Billabong brand in the U.S. grew 14 percent, representing a rebound for the brand in the region. In the fourth quarter ended June 30, wholesale sales in the U.S. were down 1
Slow Down at West Coast Ports Extends to Bargaining Table
Bargaining talks between top negotiators representing the ocean container lines and terminal operators serving West Coast ports and the International Longshore and Warehouse Union representing dock workers have stopped until Dec. 1, although talks continu
Nike Raises Quarterly Dividend 17 Percent
Nike, Inc.'s board of directors on Wednesday declared a quarterly cash dividend of $0.28 per share on the company’s outstanding Class A and Class B Common Stock, a whopping 17 percent increase over the previous quarterly rate of $0.24…
SIA’s On-Snow Demo to Host Race Benefit for Adaptive Sports
Retailers and others attending the 6th annual On-Snow Demo/Ski-Ride Fest & Nordic Demo after the 2015 SIA Snow Show next February are encouraged to register teams to compete in the Rhythm Rally, a banked slalom race to benefit Adaptive Action Sports (AAS)
Foot Locker Q3 Earnings Rise 15 Percent
Foot Locker, Inc. reported third-quarter earnings rose 15.4 percent to $102 million, or 82 cents a share. Excluding a non-recurring charge, earnings rose to 83 cents from 68 cents, exceeding consensus estimates of 79 cents a share.
Third quarter comparabl
Hibbett Sports’s Same-Store Sales Edge Up in Fiscal Third Quarter
Hibbett Sports Inc. reported net sales for the 13-week period ended Nov. 1, 2014, increased 5.0 percent to $218.3 million compared with $208.0 million for the 13-week period ended Nov. 2, 2013. Comparable store sales for the third quarter increased 0.6 pe
SRAM to Co-sponsor Women’s Pro Cycling Team
SRAM and Velocio Apparel will serve as title sponsors of the women's pro-cycling team Velocio Sports in 2015, the team announced…
Ocean Carriers Retreat on Port Congestion Surcharges in Wake of Fed Scrutiny
Container cargo companies quickly suspended so-called “port congestion” surcharges they had tied to a work slow down by dock workers at West Coast ports after a raft of complaints by shippers prompted scrutiny by the Federal Maritime Commission…
American Rec Names Director of Field Sales for Kelty and SJK
American Rec of Boulder, CO has hired Steve Randall as the director of field sales for its Kelty and SJK brands…
Kelty and Slumberjack Ramp Up Sales Team
Kelty and Slumberjack (SJK) announces the additions of Steve Randall as the director of field sales and Bryan Hays for the northwest territory manager role…
Prodeco Technologies Agrees to Acquisition by OTCQB Company
Prodeco Technologies LLC, a Florida e-bike manufacturer, has agreed to be acquired by PayMeOn Inc in an all-stock transaction, according to PayMeOn. In a press release issued Thursday, PayMeOn said it would use 53.4 million of its shares to pay for the 80
Princeton Tec Expands Global Distribution Network
Princeton Tec, producer of U.S. manufactured headlamps and handheld lights for the outdoor, bike, tactical, industrial and SCUBA markets, is expanding its global reach for 2015…
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