Unifi Returns to Profitability

Unifi Inc. earned $2.0 million, or 3 cents a share, in the second fiscal quarter ended Dec. 27, 2009, rebounding from a net loss of $9.1 million or 15 cents, for the prior year quarter. Net sales for the quarter increased $16.5 million or 13.1% to $142.3

Lafuma Creates Mountain Division, Eyes U.S. Growth

The Lafuma Group in Europe has created a new 'Mountain Division' since the acquisition of Eider and Killy. The division which includes Eider, Killy and Millet will share sourcing, logistics, customer support as well as credit services…

China Protests EU Tariffs

China filed a complaint against European Union shoe tariffs at the World Trade Organization as Beijing continued its legal assault on what it says is unfair Western protectionism. Europe has grown increasingly concerned about China's balance of trade

Costco Names President

Costco Wholesale Corp. named Craig Jelinek president and chief operating officer, effectively immediately. Jelinek, who will join the board, was previously executive vice president in charge of merchandising, a position he held since 2004…

Sideout Gains Girls Licensee

Cherokee Inc. has entered into an exclusive agreement in the U.S. with Evy of California for Girl's 0-16 sportswear for its Sideout brand…

Adidas America Announces Restructuring

Adidas America Inc. on Wednesday said it laid off a small number of employees as part of a U.S. restructuring at its Portland headquarters but indicated that it still expects to see job growth in the U.S. this year…

TAG Sold to Lansing Sports’ Philip Rosati

Team Athletic Goods (TAG), the buying group, has been sold to Philip Rosati Sr. of Lansing Sports Shop in Lansing, IL. Rosati, whose family has run the team dealer and retail store in since 1954, will become TAG's CEO…

Dick’s SG Set to Move Into New Findlay Headquarters

Dick's Sporting Goods plans to fully occupy its new corporate headquarters by the end of February. The $150 million, 670,000-square-foot complex occupies 116 acres of land beside the main runway at the Pittsburgh International Airport in Findlay, PA.

Wolverine World Wide’s Q4 Sales Slide 9.7%

Wolverine World Wide, Inc. reported fourth quarter revenues declined 9.7% to $312.5 million. Net earnings fell 31% to $16.7 million, or 33 cents a share, from $24.1 million, or 49 cents a share, a year earlier. Excluding 12 cents a share in restructuring