Consumer confidence rose to 52.5 in March from 46.4 in February. Analysts surveyed by Thomson Reuters had expected a reading of 50…
Category: Footwear
Titleist Wins Decision in Pro V1 Patent Dispute with Callaway
Acushnet, which makes Titleist golf balls, said it won a long-running golf ball patent dispute with Callaway Golf Co. Callaway had asserted that certain Titleist golf balls had infringed on four patents originally owned by Spalding and later purchased by
2010 Brand Strength Index: Nike Leads But Adidas Closes Gap
More than two years after the “Great Recession” officially commenced it is clear that U.S. consumers have made fundamental changes in the way they shop, where they shop and the brands they buy. The Brand Strength Index was originally formulat
Cycling Sports Group Increases Asia Pacific Distribution
Cycling Sports Group (CSG), a business unit of Dorel Industries, announced expanded distribution for its Asia Pacific Sales Department. The expansion is part of an overall growth strategy focused on increasing distribution to build visibility for CSG bran
Yue Yuen’s Q1 Sales Dip 3.2%
Yue Yuen Industrial (Holdings) Limited said revenue declined 3.2% in the first quarter ended Dec. 31, to U.S.$1.32 billion while profit attributable to equity holders increased 10% year-on-year to $120.2 million…
SportsOneSource 2010 Brand Strength Report Sees the Strong Get Stronger in a Tough Economy
More than two years after the “Great Recession” officially commenced it is clear that U.S. consumers have made fundamental changes in the way they shop, where they shop and the brands they buy…
The Finish Line Swings to Fourth Quarter Profit; Blows Past Wall Street Estimates
The Finish Line’s revenues rose 8.9% to $374.5 million in their fiscal fourth quarter ended February 27, propelled by a 10% same-store sales hike on the strength of the running and toning categories…
REI Doubles Profits on Flat Sales in 2009
Recreational Equipment, Inc. released audited financial statements confirming that its net income more than doubled to $29.8 million from $14.5 million in the prior year…
Phillips-Van Heusen Swings to Q4 Profit on Calvin Klein Brand
Bolstered by global brand strength in its Calvin Klein label, apparel maker Phillips-Van Heusen reported fourth quarter earnings that exceeded Street expectations…
Adidas Agrees to Contract with NBA Europe
In preparation for the 2010-11 NBA season, Adidas AG has extended its agreement with the league, granting the company exclusive rights to all apparel in Europe…
SportsOneSource Announces 2010 SGB 40 Under 40 Award Recipients
The honorees for the annual SGB 40 Under 40 awards have been selected and once again include some of the brightest young stars in the sporting goods industry…
NOC’s Great Outpost Opens in Gatlinburg
Nantahala Outdoor Center, already known as one of the nation’s premier whitewater outfitters, will open NOC’s Great Outpost in Gatlinburg, TN this weekend…
Iowans Look at New Sales Tax to Fund Conservation Trust
Iowa took a step closer to becoming at least the fourth state to dedicate tax revenue to conservation when its House of Representatives approved the Natural Resource and Outdoor Recreation Trust Fund act.
ECCO’s 2009 Profits Fall as Sales Slide 6%
ECCO reported revenue fell by 6% in 2009 DKK $5.04 billion ($912.7 million) while pre-tax profits fell by 38% to DKK 460 million ($83.2 million) due partly to significant investment in retail stores and in-store shops. Said the Danish-shoe maker in a stat
Wolverine World Wide Names Nick Schwartz VP, Sales – Apparel and Accessories
Wolverine World Wide appointed Nick Schwartz as VP, sales – Apparel and Accessories. His immediate focus will be on Merrell Apparel, where he will lead the sales team. Schwartz joins the Wolverine team from Columbia Sportswear Co. Inc…
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