Nike Unveils New Store Concept in Santa Monica

Nike opened its newest retail store at Santa Monica Place in California. The new two-story, 20,000-square-foot location unveils Nike’s newest store concept, including the introduction of Nike+ Run Club and team customization services. The store is t

Mizuno Q1 Profits Surge on Flat Sales

Mizuno reported profits rose 23.0% to ¥1.24 billion ($13 mm) as revenues edged up 0.4% to ¥41.1 billion ($447 mm) in the first quarter ended June 30. The company said rising sales and better inventory management increased its gross margin by 7.4% to ¥17.5

Former New Balance COO Tapped to Head Spira

El Paso-based Spira Footwear announces the hiring of Jim Tompkins, the former president and COO of New Balance Athletic Shoe Inc., as president of the patented WaveSpring-inspired Spira brand…

Gildan Reaches Settlement in 2008 Securities Case

Gildan Activewear Inc. has entered into an agreement to settle all proposed securities class action proceedings filed in 2008 before the Ontario Superior Court of Justice, the Quebec Superior Court and the United States District for the Southern District

DealerCamp Draws 120 Shops and 53 Brands

More than 450 manufacturers, suppliers, retailers, media and advocates convened at the inaugural DealerCamp, July 29-31 at Deer Valley Resort in Park City, Utah, according to event organizer Lifeboat Events. DealerCamp is designed to bring together bicycl

Dorel’s Recreation/Leisure Sales Rise 7.2% in Q2

Dorel Industries Inc. reported total revenue for the quarter ended June 30 was up 10.3% to $607.7 million from $551.1 million for the same quarter a year ago. Net income was $35.1 million or $1.05 per diluted share compared with $24.8 million or 74 cents

House Approves Full Funding for LWCF

The House of Representatives passed a bill Friday that will grant full and guaranteed funding for the Land and Water Conservation Fund. The Consolidated Land, Energy, and Aquatic Resources Act of 2010 (H.R. 3534) will dedicate $900 million each year to L

NRF Hails Bill to Help States Collect Internet Sales Tax

The National Retail Federation urged Congress to move quickly on the “Main Street Fairness Act,” which would make it easier for states to require Internet retailers and other out-of-state merchants to collect sales tax the same as local bricks-and-mortar

OR Launches SmartPhone App

Outdoor Retailer (OR) launched a smartphone app called “OR 2010” to give attendees a convenient and comprehensive way to navigate OR Summer Market 2010 features before, during and after the show…