Nike Names VP and General Manager for Nike Japan

Nike, Inc. named Carl Grebert as vice president and general manager of Nike Japan. In this role, Grebert will be responsible for leading the company's strategy for growth in Japan including product alignment, sales, marketing and consumer connections across the geography. Jim Godbout, previous vice president and general manager for Japan, will return to Nike's […]

Big 5’s Profits Slide 15%

Big 5 Sporting Goods reported third-quarter sales were essentially flat at $231.8 million versus $231.6 million a year ago. Same store sales increased 2.0%. Earnings slid 15% to $6.8 million, or 31 cents a share, from $8.0 million, or 37 cents, a year ago

Jarden Sells $300MM in 12-Yr Notes

Jarden Corp sold $300 million of senior unsecured notes. The size of the deal was increased from an originally planned $250 million. The 6 1/8% senior notes are due 2022…

Deloitte Survey: Holiday Spending to be Slightly Higher

Consumer spending during this year's holiday season is expected to be slightly higher than in 2009, despite worries about the general state of the economy, according to Deloitte's 25th Annual Holiday Survey. The survey found that 62% of those qu

Report: Adidas’ Portland Headquarters for Sale

Adidas America Inc. has put its North Portland headquarters up for sale, according to a report in the Portland Business Journal. The company is looking to lease back the facility in a money-saving move and a spokesperson said the brand remains committed t

ACE Publishes Annual Fitness Survey

The American Council on Exercise (ACE) announced the top ten fitness trends for 2011. With over 2,700 responses, the findings conclude that consumers have a more positive outlook on the future economy and also realize the importance of taking care of them

Collective Licensing Relaunches Above the Rim

Collective Licensing International last week relaunched the Above the Rim brand at an event held at the Hudson Hotel on W 58th St. in New York City. Former NBA players Darryl Dawkins, Anthony Mason and Bo Kimble as well as former WNBA star Kym Hampton att

Weyco’s Q3 Revenues Dip 1.4%

Weyco reported net sales for the third quarter were $57.1 million, compared to third quarter 2009 sales of $57.9 million. Net earnings were flat at $3.4 million, or 30 cents a share…

Above The Rim Names Australia and New Zealand Distributor

Collective Licensing International, LLC announced a three-year license agreement with premier hardgoods supplier Hyper Extension. Under the agreement, Hyper Extension will design, market and sell hard goods exclusively in Australia and New Zealand under t

Bisphenol-A Now Linked to Male Infertility

Bisphenol-A, a chemical responsible for the clear hard plastic found in many plastic bottles and other items, appears to adversely affect sperm in men, according to new research that showed Chinese factory workers exposed to…

Sports Authority Reportedly Refinancing Debt

The Sports Authority Inc. is seeking a $350 million term loan to refinance debt, according to reports. Bank of America Corp. and JPMorgan Chase & Co. will arrange the seven-year debt. The Sports Authority plans to use the proceeds from the term loan to re