Nike, Inc. returned to top– and bottom-line growth in the fiscal third quarter through February as management calls out improving trends across all Nike brand product types, categories and regions…
Author: sportsoneauthor
DSW, Inc. Swings to Q4 Profit on Double-Digit Comp Store Sales Gain
DSW Inc.’s fourth quarter revenues increased 15.7% to $402.6 million, due in large part to a double-digit increase in comp store sales…
Sport Supply to Be Acquired by PE Firm
Sport Supply Group last week agreed to be acquired by private equity firm Oncap Management Partners, a unit of Canada’s Onex, for around $172 million…
Skechers Breaks Ground on New Distribution Center: Green Factors
Skechers USA looks to minimize both cost and energy consumption in the design of the company’s new 1.82 million square foot distribution center, which recently broke ground in Rancho Belago, CA, and is slated for completion in 2011.
Shoe Carnival Q4 Boosted by Boots and Toning
Sparked by robust demand for boots and toning shoes, Shoe Carnival’s fourth quarter sales climbed 8.8% to $170.8 million on the same 8.8% comp gain. With fewer promotions, earnings reached $2.6 million, or 20 cents a share, rebounding from a loss of
Tiger to Return at The Masters
Following a series of uncanny proceedings, golfer Tiger Woods is expected to make his 2010 debut at the Masters Championship next month at Augusta National in Augusta, GA…
NRF Names New President/CEO
Matt Shay has been selected to serve as the next president and CEO of NRF…
Easton-Bell Fiscal Fourth Quarter Suffers from Budget Cuts, Cycling
After a third quarter that saw weakness from the Team Sports business cripple overall revenues for Easton-Bell Sports, management at the Van Nuys, CA-based manufacturer said operations for the fourth quarter of fiscal 2009 had finally exhibited a degree
Burton Phasing Out Manufacturing in Vermont
Burton will shift premium snowboard production from its small, Vermont-based Burton Manufacturing Center (BMC) to Austria, where the company has been building snowboards for more than 25 years. Forty three employees will be affected by BMC's closure
Perry Ellis Eyes Growth for its Sports Businesses
Perry Ellis International is forecasting mid- to high-single digit revenue gains in its golf apparel business for 2010 while its swim and action sports business are both expected to grow double digits…
Blacks Leisure Rejects Bid
Blacks Leisure has rejected an offer of £26 million ($38.4 million) from main competitor, Sports Direct. Blacks Leisure proclaimed the offer as “wholly inadequate” and indicated plans to sell company stock to supplement the company’s tu
Li Ning 2009 Revenues Improve Strong Double Digits
During a year it called “extremely challenging,” management at China-based Li Ning Group Limited said revenues improved by 25.4% to RMB 8.39 billion ($1.22 bn) for the year ended December 31. Management said results were “satisfactory&#
Nike Files Suit Against Alleged Counterfeiters…
Nike Inc. has taken legal action in an attempt to bring down approximately 66 counterfeiting Web sites which have been illegally using company trademarks as a means of attracting consumer interest…
NRF: Financial Services Bill Should Address Credit Card Swipe Fees
The National Retail Federation expressed disappointment that a wide-ranging financial services reform bill unveiled last week by Senate Banking Committee Chairman Christopher Dodd, D-CT, doesn’t address the $48 billion in credit card swipe fees paid
OIA: Affordable Footwear Act Still Alive in Congress
According to a report in Reuters, U.S. Trade Representative Ron Kirk told a meeting of the American Apparel and Footwear Association March 12 that the Obama administration is not supporting legislation that would eliminate most tariffs on imported footwea
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