Sheex Sues 37.5 for Patent Infringement

Sheex Inc. sued Cocona Inc. for patent infringement, alleging that its Sleep 37.5 sheets infringe on two patents Sheex received in 2013 to protect inventions it developed through years of research and development. In response, Cocona told Sports Executive

Perry Ellis Dismisses Buyout Talk

Perry Ellis International, the parent of several major golf brands and the Nike swim licensee, showed progress in its turnaround efforts, slashing its loss in the third quarter amid continued sluggish sales. But the apparel conglomerate spent much of last

Foot Locker’s Hot Streak Continues

Led by robust sales across its Jordan portfolio as well as in marquee basketball footwear and lifestyle running product, Foot Locker Inc.’s earnings rose 15.4 percent in the third quarter, to $102 million, or 82 cents a share. On a conference call w

GoPro to Raise $97MM in Stock Sale

GoPro, which went public on June 26, is expected to raise $96.5 million before underwriting expenses through the sale of 1.29 million shares in a secondary offering. The offering was priced last Thursday at $75 a share…

Jay Leno Cancels SHOT Show Performance

The National Shooting Sports Foundation (NSSF) in a statement said it was “clearly disappointed” that Jay Leno has cancelled his performance at the upcoming SHOT show in Vegas. On Tuesday, several gun violence-prevention groups called on the comedian to

Perry Ellis Trims Q3 Loss Amid Shareholder Revolt

Perry Ellis International, which is being pressured by at least two of its largest shareholders to consider breaking up, reported it cut its losses sharply in the third quarter on a 5.3 percent decline in revenue. In its earnings release, and a separate l

Cocona Claims Sheex’s Lawsuit Without Merit

Responding to Sheex Inc.'s patent infringement lawsuit, Cocona Inc., the maker of 37.5 technology, said it “can state in unequivocal terms that the lawsuit is wholly without merit, and we do not believe that Cocona has infringed on these patents.”..

Icebreaker to Open Store in Calgary

Icebreaker announced the launch of its newest retail “TouchLab” in Calgary’s Chinook Center, one of North America’s highest-performing shopping destinations. Icebreaker now has 13 North American stores…

Nike Launches Its First Store Devoted to Women

Nike opened its first store dedicated to women. The 6,000-plus square-foot location in the Fashion Island lifestyle center in Newport Beach, CA also features an in-store studio for group or personal fitness training sessions – the first in a U.S. Nike ret

The Buckle’s Q3 Earnings Flat

The Buckle, Inc. reported third-quarter earnings were essentially flat at $40.6 million, or 84 cents per share. Net sales for the 13-week fiscal quarter ended Nov. 1, 2014 increased 1.9 percent…

Report: Nike Doubles Headquarters-Expansion Plans

Nike is planning to doubling the size of the headquarters-expansion project originally set two years ago, according to The Oregonian. Revised plans call for the building of two office buildings and two parking garages on the northeast side of its World He