Speedo’s Parent Swings to Profit

PVH Corp, the parent of Speedo and Izod, reported fourth-quarter revenues inched 0.8 percent to $2.07 billion but grew 5 percent on currency-neutral (c-n) basis. Said Manny Chirico, chairman and CEO, on a conference call with analysts, “Overall we w

TaylorMade Golf Names New CEO

Adidas Group named David Abeles as the new CEO of TaylorMade Golf Company. Abeles immediately replaces former CEO Ben Sharpe, who resigned from the company for personal reasons…

ABG and WWE Launch Tapout Joint Venture

WWE and Authentic Brands Group, LLC announced a joint venture for Tapout, a newly repositioned fitness lifestyle brand that serves as the official fitness and training partner of WWE…

PacSun’s Q4 Comps Jump 6 Percent

Pacific Sunwear of California reported comps grew 6 percent in the fourth quarter, its 12th straight quarter of positive comparable store sales. The retailer also reduced its loss from continuing operations before special charges…

TIA Summit: Tennis Not Engaging Youth

At the 2015 Tennis Industry Association (TIA) Tennis Summit, held Mar. 17 to 18 in Indian Wells, CA, a lineup of tennis, sports and business executives discussed opportunities but also many challenges keeping the sport relevant in today’s business c

Wilson Snaps Up Louisville Slugger

In a merging of two historic sports brands, Wilson Sporting Goods Co., a division of Amer Sports Corp., reached an agreement to acquire Louisville Slugger, a division of Hillerich & Bradsby (H&B), for $70 million in an all-cash transaction. Under the term

Sanuk Announces Expanded Instagram Promotion

Sanuk has rolled out an expanded version of a marketing campaign to select retailers that offers rewards to consumers who try on any pair of the brand's footwear and share their experience on Instagram…

Karmaloop Undergoes Restructuring, Seeks Buyer

Karmaloop Inc., a 15-year-old online retailer specializing in streetwear, action sports and music-inspired clothing for 18-35 year old males, began a formal restructuring and is setting up a sales auction process in bankruptcy court…