Lululemon’s Same-Store Sales Grew 5 Percent in Q4

Lululemon Athletica Inc. beat consensus earnings estimates in the fourth quarter thanks to net revenue and same-store sales growth of 15 and 5 percent respectively, but disappointed investors with updates to its forecasts for the first quarter and current

ProdecoTech Acquisition Could Close in April

Paymeon Inc. expects to close on its all-stock acquisition of the remaining 80 percent of e-bike maker ProdecoTech in the next 30 days, the penny stock company disclosed in an annual report filed Thursday…

REI’s Omnichannel Might Fuels Strong FY14 Growth

In a show of omnichannel might, Recreational Equipment Inc. grew sales and profits at their fastest pace in years in fiscal 2014. REI reported sales of $2.2 billion for the 53-week period ended Jan 3, 2015, a 9.9 increase from the fiscal year ended Dec. 2

ABG and WWE Launch Tapout Joint Venture

WWE and Authentic Brands Group, LLC announced a joint venture for Tapout, a newly repositioned fitness lifestyle brand that serves as the official fitness and training partner of WWE…

Hi-Tec Sports Donates Single Shoes

Hi-Tec Sports USA will donate 364 single pairs of shoes to National Odd Shoe Exchange, a non-profit organization that is a source of footwear for those requiring single shoes or pairs of differing sizes…