New Balance Sues Converse Over Trademark Rights

New Balance Athletic Shoe Inc. has filed a lawsuit against Converse Inc. in a apparent bid to protect its PF Flyers designs. The lawsuit noted that Converse in mid-October went to the International Trade Commission seeking to assert trademarks on classic

Gildan Activewear Appoints CFO

Gildan Activewear Inc. appointed James Kehoe as executive vice-president, chief financial and administrative officer. Kehoe succeeds Laurence G. Sellyn, who is retiring from this position…

Chaco Sends Nearly 100 Kids to Camp

Chaco made a $46,945 donation to the American Camp Association’s “Send a Child to Camp” scholarship fund for 2014–enough to send 94 underprivileged children to camp…

Nike Fights Off FX Headwinds to Deliver Robust Q2

With a 15 percent revenue gain and 120-basis point improvement in gross margins, Nike Inc. chalked up yet another impressive quarterly performance. Earnings rose 22.7 percent to $655 million, 74 cents a share, exceeding Wall Street’s consensus estim

Finish Line Lowers Outlook on Margin Pressure

Finish Line Inc. reported third-quarter earnings fell short of Wall Street's expectations as it dealt with merchandise margin pressure. It also lowered its earnings outlook for the year and said it would cut spending to protect profitability until th

Finish Line Lowers FY Guidance on Q3 Shortfall

The Finish Line, Inc. lowered its guidance for the year as margin pressure led it to miss third-quarter earnings forecasts. Excluding non-recurring items, the company showed a loss of 2 cents a share in the quarter ended Nov. 29, far short of Wall Street&

Asics Opens Times Square Store

Asics America has opened the doors on its newest retail store in the heart of Times Square. Located on 42nd Street between 6th and 7th Avenue, the Times Square location, with more than 4,000 square feet, is the second Asics storefront in New York City as