Collective Brands Will Try to Overturn Adidas Ruling

Collective Brands Inc. said it will file several motions in court seeking to set aside or reduce an unfavorable verdict in a lawsuit with Adidas. Last week, a federal jury in Oregon ordered Collective Brands to pay $305 million in damages to adidas AG. Th

Collective Brands Will Try to Overturn Adidas Ruling

Collective Brands Inc. said it will file several motions in court seeking to set aside or reduce an unfavorable verdict in a lawsuit with adidas. Matt Rubel, Collective Brands's CEO, said in a letter to shareholders, “If the trial court does not gran

Heelys Opens Office in France

Heelys, Inc. and its European company, Heeling Sports EMEA, announced an agreement with its distributor, Trotwood Import/Export to take over the distribution of Heelys in France, Monaco and Andorra. Heeling Sports France, a branch of Heeling Sports EMEA,

K2 Sports Reorganizes Sales Management Structure

K2 Sports made a handful of promotions as part of a reorganization of its sales structure. In all, K2 Sports promoted John O’Connor to U.S. sales director; Ben Wallace to national sales manager for K2 Skis; Kevin Lewis to national sales manager for Line S

TM-aG Posts Solid Q1 Growth on New Products…

Revenues at TaylorMade-adidas Golf increased 17% on a currency-neutral basis for the period and increased about 21% when measured in U.S. dollars, reflecting strong contributions from the metalwoods, golf ball and footwear categories. Management called o

Aldila Q1 Revenues Slide 19.3%

Aldila Inc.'s Q1 sales fell 19.3% to $16.7 million from $20.7 million last year. Golf shaft sales declined 18%. The average selling price of golf shafts decreased by 13% quarter on quarter on a 6% decline in unit volume. Composite materials sales wer

Pro Hockey Life buys Entrepôt du Hockey…

Pro Hockey Life Sporting Goods Inc. has acquired Sports L.G.L. Inc. and its network of specialized hockey stores in the Quebec City and Chicoutimi markets, which operate under the Entrepôt du Hockey banner…

SIA: Snow Sports Sales Up 10.4% for Season…

Record, albeit late, snow throughout much of the United States spurred a 10.4% increase in U.S. snow sports products this winter, according to Snowsports Industries America. Sales grew by $280 million to reach $2.97 billion for the 2007-08 season ending

Neiman Marcus’s Comps Dip 0.6%

Neiman Marcus, Inc. reported revenues dipped 0.6% during April to $343 million from $346 million. Comps declined 1.9%. Comps in the Specialty Retail Stores segment, which includes Neiman Marcus Stores and Bergdorf Goodman, decreased 3.6%…

Avis CEO Joins Hanesbrands’ Board

Hanesbrands Inc., the parent of Hanes and Champion, said Ronald L. Nelson, chairman and chief executive of car rental company Avis Budget Group Inc., has been elected to its board of directors, effective July 21. Nelson, 55, will serve for a term that wil

Schwinn Picks Rebranding Agency

Schwinn Bicycles, owned by Dorel Industries, selected Philadelphia agency, STICK and MOVE, to partner in developing a rebranding campaign focused on building excitement with recreational cyclists. The campaign is slated to launch by the end of the summer

Quiksilver Sued by ESPN

Quiksilver Inc. was sued by sports network ESPN Inc. on claims it violated a trademark on the cable channel's X-Games competition franchise. Quiksilver uses a stylized “X” emblem on clothing, labels and accessories that is “confusingly similar” to ES