Sports Direct International PLC has acquired an 18.9 percent stake in Findel PLC, owner of Kitbag, a money losing seller of replica soccer kits and other sports merchandise that also manages retail operations for major soccer clubs…
Author: Charlie Lunan
Chrome Industries to Kick Off 20th Anniversary at NYC Store
Chrome Industries will kick off a seven city tour celebrating its 20th anniversary at its New York City Chrome Hub location Oct. 7…
Mammut Sports Cuts Sales and Manufacturing Jobs
Mammut Sports Group cut 25 sales jobs at its corporate headquarters in Switzerland and will outsourcing rope manufacturing in a bid to cut costs amid declining sales and margin pressures created by adverse currency effects…
Vail Resorts E-commerce Exit Boosted FY15 Retail Margins
Gross margins improved 190 basis points at Vail Resorts Inc. Retail/Rental operation in the year ended July 31 thanks largely to its decision to shutter an e-commerce platform in that was dragging down margins…
Survey Reveals Apparel Brands’ Sustainability Gains
Textile Exchange said that while 73 percent of apparel brands it surveyed could provide data on the use of organic cotton, the numbers dropped off dramatically for other preferred materials such as recycled polyester and preferred cellulosics such as lyoc
Fung Group Unveils Omnichannel Test Lab in Shanghai
Fung Group unveiled a retail laboratory it has developed in Shanghai with IBM and a brand activation company to help global brands test omnichannel techniques in one of the world's most tech-savvy cities…
Landlords Expected to Start Adjusting Rents for In-Store Pickups
Landlords will develop new formulas for calculating rent in the next five years that could take into account the number of online orders picked up in a store, according to a report released by the International Council of Shopping Centers…
Quick Release Issue Prompts 17 Brands to Recall 1.3 Million Bikes
The country's major specialty bike vendors recalled about 1.3 million bicycles sold under 17 brands in the United States since 1998 after concluding they use quick releases that can become entangled in the bike's front disc brake rotor when impr
Vail Resorts Retail/Rental Sales Up 3.2 Percent in Fiscal 2015
Vail Resorts Inc. reported retail/rental revenue increased 3.2 percent in the fiscal year ended July 31, or well below the pace of overall Mountain segment revenue growth during the period…
ITF Elects Americas as First New President
The ITF, which is the world governing body of tennis and beach tennis and manages the Olympic Tennis Event, elected American David Haggerty as its first new president in 16 years on Friday…
37.5 Targets Bedding Markets
37.5, formerly marketed under the Cocona brand name, is taking its technology to the bedding market in an exclusive partnership with Pacific Coast Feather Company…
Polartec and EMS Event to Spotlight Recycled Technical Fabrics
Polartec LLC will co-host an an event at the Eastern Mountain Sports store on Harvard Square this weekend that aims to educate consumers about cutting-edge technical garments composed of recycled fabrics…
Kickstarter Converts to B Corp.
Kickstarter, which has helped entrepreneurs as well as established brands finance the launch of dozens of new outdoor, fitness and other sporting goods, has converted to a Public Benefit Corporation…
Chaco’s Outdoor Retailer Sales Raise Money for OIWC
Chaco raised more than $7,000 for the Outdoor Industry Women’s Coalition (OIWC) by selling hundreds of its classic flips in the first day of the Outdoor Retailer show…
Columbia Appoints GM for Canadian Subsidiary
Columbia Sportswear Company promoted David M. Brulé to serve as general manager of the company’s wholly owned Canadian subsidiary, based in London, Ontario, Canada…
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