Mizuno Corp. for the second year in a row lowered its fiscal full-year forecast after weak fiscal third quarter sales brought new realities of the business into focus. The company reported last week that the declines in the golf business had moved into positive territory again, but declines continued in the Americas and Japan. Decreased […]
Category: Footwear
Organic Cotton Production Grows 20%
Global organic cotton production rose by 20% in 2009 tipping the scales at 175,113 metric tons (802,599 bales) grown on 625,000 acres (253,000 hectares), according to a report from Organic Exchange (OE). Still, organic cotton now represents just 0.76% of
R.G. Barry Names Jay Smith to Top China Sourcing Post
R.G. Barry Corporation, the parent of Terrasoles, has named veteran product development, sourcing and marketing professional Jay Smith its China-based vice president of sourcing…
Street Surfing Partners with Marvel
Street Surfing, LLC is transporting Spider-Man from comic books to skate parks and streets this spring with the introduction of the Spider-Man 3-D Wave Board, the first licensed casterboard in the market. As part of its agreement with Marvel Entertainment
ThreadLites – Illuminated Apparel Launches Collegiate Series
U.S. Branding Group, LLC announced their receipt of Authorized Collegiate Licensing, from the Licensing Resource Group (LRG), and Strategic Marketing Affiliates (SMA) for their ThreadLites & TechnoThreadZ – Illuminated Branded Apparel Line…
Nike Edges Past ESPN in Sports Brand Survey
In its second Forbes Fab 40, Nike edged out ESPN in its survey of the top-ten Sports Business Brands. The survey placed Nike's sales at $10.5 billion versus $10.3 billion for ESPN. The remaining eight brands on the list included Adidas, $7.3 billion;
OR Winter Market: The Backcountry…
The backcountry market continued to break trail at Outdoor Retailer’s Winter Market tradeshow, both in product innovation and industry buzz. “Backcountry wintersports has become the hardgoods core around which the show revolves,” says Ou
REI Doubles 2009 Net on 1.5% Increase in Sales
Recreational Equipment, Inc. (REI) reported pre-audited earnings in 2009 more than doubled to $29.8 million from $14.5 million a year ago. Revenues improved 1.4% to $1.45 billion from $1.43 billion…
REI Doubles 2009 Net Profit on 1.5% Increase in Sales
Recreational Equipment, Inc. (REI) reported pre-audited earnings in 2009 more than doubled to $29.8 million from $14.5 million a year ago. Revenues improved 1.4% to $1.45 billion from $1.43 billion…
January Retail Sales Up 3.2%
January retail sales increased 0.5% over December results, according to a report by the U.S. Department of Commerce – slightly better than the 0.3% increase originally forecast by economists surveyed by Dow Jones Newswires. The report also showed Decembe
Interbike and HFB to be Co-Located
Interbike and the Health and Fitness Business Expo will be co-located in Las Vegas in September. Nielsen Business Media has decided to combine the shows in one venue this year…
Weakness Continues for Cutter and Buck
Wave Group's Sports & Leisure segment, which includes Cutter & Buck and Craft and Seger, saw its revenues decrease 13% for the fourth quarter, to SEK (Sweden Kronor) 344 million ($47.5 mm) but EBITDA increased 8.5% to SEK 31.9 ($4.4 million). Craft s
ispo Sets Record as Attendance Climbs 7%
Financial tremors in Europe failed to squelch enthusiasm for the 70th annual ispo show in Munich, where attendance grew 7%, according to show owner Messe München International (MMI)…
Kmart Gets New Apparel Chief
Sears Holdings named Tara Poseley as SVP and president – Kmart Apparel. Poseley was formerly President for BEBE SPORT, and in six months created..
Khombu Footwear Moves Headquarters
Khombu, a maker of apres ski footwear, said it is moving its headquarters from Avon to Canton, MA and building a sales staff to focus on children's footwear…