Avis CEO Joins Hanesbrands’ Board
Hanesbrands Inc., the parent of Hanes and Champion, said Ronald L. Nelson, chairman and chief executive of car rental company Avis Budget Group Inc., has been elected to its board of directors, effective July 21. Nelson, 55, will serve for a term that wil
Schwinn Picks Rebranding Agency
Schwinn Bicycles, owned by Dorel Industries, selected Philadelphia agency, STICK and MOVE, to partner in developing a rebranding campaign focused on building excitement with recreational cyclists. The campaign is slated to launch by the end of the summer
Quiksilver Sued by ESPN
Quiksilver Inc. was sued by sports network ESPN Inc. on claims it violated a trademark on the cable channel's X-Games competition franchise. Quiksilver uses a stylized “X” emblem on clothing, labels and accessories that is “confusingly similar” to ES
Puma’s U.S. Revenues Drop 14.2% in Q1
Puma said that in the U.S. market, sales were down 14.2% to $134.1 million (86.36 million euros), affected by the continued moderate environment in the mall-based business. Puma also said orders for the U.S. by the end of the quarter were down 20.8%…
InnoVision Headwear Partners with Boa Technology
Toronto-based InnoVision Headwear, Inc. has partnered with Boa Technology to bring its microadjustment technology to headwear. IV Headwear said the system allows wearers to instantly micro-adjust the fit of their headwear when they encounter high winds. T
KJUS Ski Brand Orders up 40% for Next Winter
LK International AG of Switzerland said worldwide net orders for the 08/09 winter collection of its KJUS Skiwear brand increased by 40%, including Austria with a 38% increase, Switzerland with 32%, and the United States of America with 27%…
Russell Partners with Pop Warner
Pop Warner Little Scholars, Inc., the world's largest non-profit youth football and cheerleading organization, and Russell announced an exclusive five year partnership agreement from 2008-2012. Russell also retains the option to extend the agreement
Performance Training: Will the Hype Pay Off?
Whether consumers or retailers are ready for it, the cross-training category is about to attempt a rebirth. The revival, which is now being heralded by major marketing campaigns touting Under Armour’s performance trainer introduction, as well as Nike’s SP
Callaway Golf Sees Focus on Fairway Pay Off in First Quarter…
Callaway Golf started fiscal 2008 off with a strong quarter, but still tempered its outlook to the low end of previous guidance on worries surrounding the economy as a whole. Though sales were relatively flat for the company in the domestic market, growth
Under Armour Reduces Profit Outlook as High Inventories Cut into Margins…
Under Armour Inc. posted another solid quarter for sales growth, but a sharp increase in marketing expenses and tighter margins cut into profits as net income plunged more than 71% compared to the year-ago period. The company is still struggling with the
Rocky Reaches Settlement in Case Against Former VP…
Rocky Brands, Inc. reached a settlement in its case against a former VP whom the company claims was attempting to copy some of its most popular shoes. The terms of the settlement involving Defendants Glen Bratcher, Westwood Footwear and Accessories LLC, a
Volcom Inc. Records Strong Q1 in All Sectors…
Volcom, Inc. shrugged off the sluggish economy to post strong first quarter sales gains, citing the “a powerful brand will sell regardless” ethos. The company is firing on all cylinders as margins expanded, expenses contracted and the bottom line grew in
Gander Registers 9.8 Million Shares
Gander Mountain Company said it registered 9.8 million shares of its common stock originally sold in two private placement transactions to major investors, both of whom serve on the company's board of directors and said they remain long-term investor
Pro Hockey Life Acquires Entrepôt du Hockey
Pro Hockey Life Sporting Goods Inc., the hockey superstore concept operating under the Sports Gilbert Rousseau and Pro Hockey Life banners, has completed a private financing round to fund the acquisition of Sports L.G.L. Inc. (“LGL”) in Quebec City, as we
Pro Hockey Life Acquires Entrepôt du Hockey
Pro Hockey Life Sporting Goods Inc., the hockey superstore concept operating under the Sports Gilbert Rousseau and Pro Hockey Life banners, has completed a private financing round to fund the acquisition of Sports L.G.L. Inc. (“LGL”) in Quebec City, as we