Dainese USA is expanding its sales and marketing teams as part of a new growth strategy and reenergized focus on the North American winter sports and bicycle markets…
Author: Charlie Lunan
Goal Zero Acquired by NRG Energy
Goal Zero, which makes portable solar power devices, has been acquired by NRG Energy, Inc, a publicly traded electric utility serving 3 miliion customers…
Leatt Losses Narrow Ahead of Interbike Helmet Launch
Leatt Corporation, a South African company planning to launch its first bicycle helmets at Interbike and Eurobike later this month, reported its sales grew 16.6 percent in the second quarter ended June 30…
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…
ICSC Foresees 4-5 Percent Increase in August Chain Store Sales
The International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index increased 3.2 percent for the week ending Aug. 9 – relative to the prior year and is expected to grow 4-5 percent for the month…
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…
Mammut Says Mild Winter Dragged Down 1H Growth
Mammut increased net revenue by 3.4 percent to CHF 103.6 million in the six months ended June compared the first half of 2013, as the mild winter in central Europe dragged on growth in the rest of Europe, the Americas and Asia..
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…
Adidas To Close Adams Golf Headquarters in Texas
TaylorMade-adidas Golf announced its is closing Adams Golf's headquarters in Plano, TX as part of a restructuring announced two weeks ago…
BPSA Creates E-Bike Committee
The Bicycle Product Suppliers Association (BPSA), responding to the current and future needs of its members, has created an Electric Bicycle Committee, chaired by Currie Technologies President Larry Pizzi…
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
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…
Ever-Glory Sales Surge in Second Quarter
Ever-Glory International Group, Inc. reported sales surged nearly 45 percent in the second quarter ended June 30, 2014 on strong demand from western apparel brands and rapid growth at its own retailing business in the PRC…
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