Nike’s Knight Issues Statement Defending Joe Paterno

Nike co-founder Phil Knight issued a statement on Monday criticizing the Freeh report's characterization of former Penn State head football coach Joe Paterno in the child sex abuse scandal involving assistant coach Jerry Sandusky, calling the Freeh r

Stage Stores January Comps Jump 10.5 Percent

Stage Stores, Inc. reported total sales of $100 million for the five week January period ended Feb. 2 versus $85 million for the prior year four week January period ended Jan. 28, 2012. Comparable store sales for the first four weeks of this year’s

Costco Reports U.S. Comps Grew 3 Percent in January

Costco Wholesale Corporation reported comp store sales for the five weeks ended Feb. 3 grew 8 percent in the United States. This year's period contained one less day compared to last year, due to the timing of the New Year's holiday, which negat

Stein Mart Comps Increase 4.6 Percent in January

Stein Mart, Inc. reported comparable store sales for the four-week period ended Jan. 26 increased 4.6 percent. Total sales for the five-week period ended Feb. 2 were $78.9 million, an increase of 31.3 percent over total sales of $60.1 million for the four

Nike Unveils New Super Bowl Uniforms

Nike has unveiled new uniforms for Super Bowl XLVII. The San Francisco 49ers and the Baltimore Ravens take the field wearing the NFL Nike Elite 51 uniform, and Nike athletes will wear the Alpha Pro cleat and Vapor Fly glove…

Castrol Launches Castrol U.S. Soccer Index

Castrol will expand the Castrol Index – a rankings system for men's professional soccer – to the U.S. Soccer Federation for the Men's National Team ahead of the team's Jan. 29 match against Canada in Houston, TX to open 2013…

PHIT America Initiative Set to Launch

This month, leading sports and fitness industry companies and organizations will launch PHIT America, a year-round, educational, advocacy, and social media marketing campaign designed to reach millions of Americans. PHIT America will combat the obesity an

Under Armour’s SVP of Footwear to Resign

Under Armour, Inc. announced that Gene McCarthy is resigning as senior vice president, footwear, effective February 22, 2013. Kip Fulks, chief operating officer, will assume responsibility of Footwear and continue to oversee the company's Operations