Dick’s Sporting Goods Hits Top-End of Q1 Guidance with Positive Comps
Dick's Sporting Goods, Inc. first quarter Net income increased 90% to $21.7 million and earnings per diluted share increased 81% to 38 cents, compared to prior year net income of $11.4 million, or 21 cents per share. Net sales for the quarter increas
NFL, GSIC and QVC Ink Strategic Alliance
QVC, the National Football League and GSI Commerce Inc. have entered into a strategic alliance to create a new, multichannel marketing opportunity for NFL-licensed products. Under terms of the agreement, QVC will become the NFL's “official television
EMS Opens New Flagship Store
Eastern Mountain Sports celebrated the official grand opening of its new location in Harvard Square, which was named the new flagship store for the New England-based company. Its reformatted store is double the size of its previous location and allows for
Petzl Launches Co-Branded Advocacy Effort with HERA
Petzl America is launching a partnership with the HERA (Health, Empowerment, Research, and Advocacy) Foundation, in which sales proceeds of a co-branded carabiner will raise funds for HERA’s initiatives in treating ovarian cancer. HERA is a non-profit fou
Corliss, Camacho Resign from The Athlete’s Foot
Bob Corliss and Don Camacho have resigned, effective July 1, 2007 from their positions at The Athlete's Foot and NexCen Brands, Inc. Chuck Zona, EVP of brand management and licensing for NexCen Brands, will serve in the interim role of acting preside
Nike and Foot Locker Collaborate on New Basketball Retail Concept
Nike, Inc. and Foot Locker, Inc. expect to open up to 50 “House of Hoops by Foot Locker” retail stores in the United States over the next three years. House of Hoops will be a “hub for all things basketball,” offering exclusively Nike, Jordan and Converse
VF Imagewear Extends MLB License Agreements
VF Imagewear, Inc. announced that it has extended its strategic licensing agreements with both Major League Baseball Properties and the Major League Baseball Players Association. The agreements cover authentic, replica and fanwear products for all size ra
SkyGolf Adds Golden as VP Business Development
Brian Golden has been named VP of business development at SkyGolf, LLC, marketer of the SkyCaddie GPS Rangefinder. In his new role, Golden will be responsible for working on sales and marketing initiatives, as well as building an International distributio
Payless to Acquire Stride Rite; Change Name to Collective Brands
Payless ShoeSource, Inc. has signed a definitive agreement to acquire The Stride Rite Corporation for approximately $800 million plus the assumption of Stride Rite debt. The all-cash offer of $20.50 per share represents a 32% premium over Stride Rite'
Spalding Launches ‘The Science of Basketball’ Curriculum
Spalding is spreading the word on the scientific principles of its NEVER FLAT basketball in classrooms across the country. “The Science of Basketball” curriculum which provides more than 11,000 science teachers across the country with handouts and posters
Genesco Warns on Q1 Results; Will Shutter Doors…
Genesco Inc. announced last week that it expects to report weaker first quarter comp store sales results at its Hat World chain and sharply lower comps at its Underground Station group, prompting the company to lower its earnings forecast for the first qu
Phoenix FW Sees Solid Q1, but Tough Q2 Ahead…
Phoenix Footwear returned to profitability after reporting a heavy loss in the fourth quarter of fiscal 2006. Net sales for the first quarter increased 4.3% to $42.1 million compared to $40.3 million last year.
Asics Sees Annual Revenues Driven by U.S. and E.U.
Asics Corp. reported a 13.7% increase in global net revenues to ¥194.52 billion ($1.67 bn) for the fiscal year from ¥171.04 billion ($1.51 bn) last year. Operating income jumped 23.1% to ¥20.25 billion ($173.3 mm), but increased tax expenses caused net in
NSGA: Power Boating is Fastest Growing Sport
Among 16 sports and recreation activities with more than 20 million participants in 2006, power boating had the highest rate of growth, up 6.2% to 29.3 million power boaters, according to the new Sports Participation studies published annually by the Nati
IMG Acquires Licensing Partners International…
One week after completing its acquisition of Collegiate Licensing Company, IMG acquired CLC sister company, Licensing Partners International.
