Nike has pulled its “Air Stab” shoe line from stores in the UK following a recent spate of fatal knife attacks across the country. Nike pledged to discontinue the shoe range 11 days after two security guards at the Niketown store in London were stabbed wh
Author: sportsoneauthor
Judge Delays Steve and Barry’s Auction Date
In the latest development regarding Steve & Barry’s bankruptcy filing, a judge has delayed the auction date by two weeks. Steve & Barry’s assets, originally scheduled to be auctioned on July 29, will instead be auctioned on Aug. 12…
Adams Golf Anticipates 6% to 10% Q2 Sales Growth
Adams Golf reported that it expects growth for the second quarter. Though not divulging any specifics on that growth, the company said net sales should increase between 6% and 10% from the $30.4 million it recorded in the second quarter of 2007 to a range
Skechers Disputes Crocs Lawsuit
Crocs Inc. sued Skechers USA Inc., accusing it of selling knockoffs of its patented designs. But Skechers responded in a statement categorically denying all allegations, and called the lawsuit “nothing more than a never-ending attempt by Crocs to monopoli
Shoe Pavilion Files for Bankruptcy
On July 15, Shoe Pavilion, Inc. voluntarily filed for bankruptcy protection. According to its court filing at the U.S. Bankruptcy Court for the Central District of California-San Fernando Valley Division, the Sherman Oaks, CA-based off-price retailer had
Play it Again Parent Posts Q2 Gains
Winmark Corp., the parent of Play It Again Sports, reported net income for the quarter ended June 28 jumped 116%, to $930,500, or 17 cents a share, from $430,500, or 8 cents, a year ago. Revenues grew to $8.7 million from $7.6 million…
Play it Again Parent Posts Q2 Gains
Winmark Corp., the parent of Play It Again Sports, reported net income for the quarter ended June 28 jumped 116%, to $930,500, or 17 cents a share, from $430,500, or 8 cents, a year ago. Revenues grew to $8.7 million from $7.6 million…
Columbia Signs Lease for Chicago Store
Columbia Sportswear Company has signed a lease with Grosvenor for a new Columbia branded store at 830 N. Michigan Avenue in Chicago. Columbia's plan to open a store along the Magnificent Mile next year is part of the company's strategy to elevat
Columbia Signs Lease for Chicago Store
Columbia Sportswear Company has signed a lease with Grosvenor for a new Columbia branded store at 830 N. Michigan Avenue in Chicago. Columbia's plan to open a store along the Magnificent Mile next year is part of the company's strategy to elevat
SGI Goes Public with Dispute After Ruling
The once-private fight between two of the sporting goods industry’s business-to-business trade publishers moved into the public arena last week after an arbitrator ruled in a case involving trademark licensing and a partnership dispute. ..
LaCrosse Opens Denmark Subsidiary
LaCrosse Footwear, Inc. has established a subsidiary in Copenhagen, Denmark named LaCrosse Europe, ApS. LaCrosse, Inc. purchased the assets for $3.2 million in cash from its established distributor partner, Gateway Footgear…
Brooks Names Apparel Chief
Brooks Sports, Inc. named Michelle Avé to the new position of director of global apparel. Prior to joining Brooks, Avé held various positions at Reebok, most recently senior global apparel product manager for running. Avé will lead strategic development,
Sport Supply Sees Q4 Beating Expectations
Sport Supply Group, Inc. stated that results for its fourth fiscal quarter appear higher than the year-ago period and as much as double current consensus analyst expectations for the quarter of 8 cents per share. The company predicted FY08 revenues would
Lenzing, Weyerhauser Team Up for New Fabric
Lenzing, the world market leader in cellulose staple fibers, and Weyerhaeuser, one of the world’s largest forest products companies, will work together on the development of novel lyocell-based nonwoven fabrics…
Carl Zeiss Optical Announces Hires
Carl Zeiss Optical, Inc. has created the positions of Eastern and Western regional sales team leader to increase sales coverage and regional focus…