Nordstrom Reports 3.3 Percent Comps Growth in Second Quarter
Nordstrom, Inc. reported net sales of $3.3 billion for the second quarter, up 6.2 percent compared with the same period in fiscal 2013. Total company comparable sales for the second quarter increased 3.3 percent…
Performance Sports Group Reports 15 Percent Organic Sales Growth
Performance Sports Group Ltd (PSG) reported revenues in the fiscal fourth quarter ended May 31 increased 30 percent to $112.9 million compared to $86.7 million in the same year-ago quarter. Organic sales, or sales excluding recently acquired Easton Baseba
The Golf Group Reports on Latest Counterfeit Raid in China
The U.S. Golf Manufacturers Anti-Counterfeiting Working Group reported that raids by Chinese law enforcement resulted in the seizure of almost 62,000 counterfeit golf products from two factories in the last two months…
Ballmer Closes on Acquisition of L.A. Clippers
Former Microsoft CEO Steve Ballmer closed on his acquisition of the Los Angeles Clippers Tuesday from The Sterling Family Trust after a court ruled disgraced former owner Donald Sterling had been properly removed as a co-trustee by his wife…
Macy’s Fiscal Q2 Growth Can’t Offset First Quarter Shortfall
Macy’s, Inc. lowered its guidance for full year sales growth, saying fiscal second quarter sales growth was not enough to offset disappointing first quarter results…
Flip Flops Shops Middle East Franchisee Opens First Shop
Flip Flop Shops, which sells a wide array of skate, surf, beach and outdoor brands, said a franchise partner opened the first of 50 shops planned for the Middle East in Kuwait City on Aug. 10…
Foot Locker Launches Follow-Up Commercial Campaign
Foot Locker recently launched the second television commercial in a two-part series. The spot features NBA star James Harden and retiring soccer star Landon Donovan…
Grassroots Outdoor Alliance Names Wes Allen President
Grassroots Outdoor Alliance named Wes Allen as its new president. A former national sales manager for Chaco and co-owner of Sunlight Sports in Cody, WY, Allen will start in his new position Sept 1…
Crailar Doubles Production Despite Air Quality Issues
Crailar Technologies Inc., a development stage company which has received financial support from Adidas and Ikea to provide commercial quantities of environmentally sustainable nature fibers, doubled production at its plant in the second quarter despite a
Leupold Announces New Sales, Leadership Promotions
Leupold & Stevens, Inc. has selected Scott Cain as vice president of global sales…
Finish Line Youth Foundation Awards Second Quarter Grants
The Finish Line Youth Foundation named recipients of $148,805 in grants for the second quarter of 2014. The 19 grants went to organizations that focus on healthy lifestyles, youth development and special needs in 14 states, including…
Birkenstock Enters Licensing Business
Birkenstock has entered an exclusive agreement with a German company to license its brand in four strategic new markets, including…
Athos Receives New Funding for Biometric Fitness Apparel
Athos, which has announced plans to launch a line of biometric fitness apparel this fall, has closed $12.2 million in Series B financing. The Redwood City, CA company said it will use the funds to…
Abeo Biomechanical Footwear Names Tracy Sheffer as Vice President of Sales
Abeo Biomechanical Footwear, the comfort footwear brand, announced the hire of industry veteran Tracy Sheffer as vice president of sales…
IOC Recognition Persuades Rival Skateboarding Federation To Cooperate
Street League Skateboarding (SLS) and the International Skateboarding Federation (ISF) have agreed to work together to create official guidelines for street skateboarding competition in the wake of the International Olympic Committee's decision to re
