Nike Inc. on Monday confirmed that is pulling out of the competitive swimsuit market because the sport is not part of its long-term strategy. A spokesman said, “We will continue to supply coaches and collegiate institutions under Nike sponsorship with com
Category: Footwear
DC Opens Fourth Flagship in Orange County
DC, a subsidiary of Quiksilver, Inc., opened its fourth flagship store in the Irvine Spectrum Center in Irvine, CA. DC hosted a grand opening event on Saturday, September 20th. Located in the heart of Orange County, this is the closest flagship store to
Lion Brothers Names President
David F. Paulus was named president of Lion Brothers, the Owings Mills, MD-based manufacturer of apparel decoration and uniform identification. Paulus is an addition to the firm and reports to Susan J. Ganz who continues in her role as CEO…
SportsOneSource Expands Media Team; Creates Key Management Roles
The SportsOneSource Group has strengthened its media team and promoted a number of other employees to new positions of responsibility. SportsOneSource has hired Chuck Lee as group publisher and Lou Dzierzak has been appointed group editorial director. I
1% FTP Announces Launch of Online Store
One Percent for the Planet (1% FTP), a global network of businesses committed to the preservation and restoration of the natural environment, annouced the launch of an online retail store designed to support its members by offering their products online..
1% FTP Launches Online Store
One Percent for the Planet (1% FTP), a global network of businesses committed to the preservation and restoration of the natural environment, annouced the launch of an online retail store designed to support its members by offering their products online..
Patagonia Taps Nike for Europe Managing Director
Patagonia, Inc. announced the selection of Holger Bismann as Patagonia Europe’s new managing director. Drawing upon his thirteen-year tenure at Nike, Holger will provide positive leadership and direction to Patagonia’s European business, which is based i
SRAM Says Lehman Deal Moving Forward
Bicycle component maker SRAM said a deal to sell 40% of the company to a unit of bankrupt Lehman Brothers has not closed but is moving forward. If the deal falls through, SRAM will merely look for a new strategic financial partner to help finance its glob
Under Armour Finalizes USF Sponsorship
Under Armour has finalized a five-year contract to make Under Armour the outfitter of the University of Southern Florida (USF). According to the St. Petersburg Times, the agreement had been in since November. USF is currently ranked number 12 in the count
Wigwam Sponsors Project Athena
Wigwam, the socks manufacturer based in Sheboygan, Wis., has signed on as a sponsor for the Project Athena Foundation, a non-profit organization helping women with breast cancer and other medical or traumatic setbacks live their athletic and adventurous d
Outdoor Industry’s Margins Squeezed in Q2
Second-quarter sales were brisk for outdoor vendors and retailers, but declining margins caused declines in profits and return on sales. Sales growth nearly kept pace with inventory growth, a good sign as the industry continues to encounter increasing cos
Lululemon Doubles Second Quarter Net Income; Expansion Continues
Lululemon Athletica Inc. more than doubled second quarter net income and the company maintained its earnings guidance in the face of a tough retail environment. LULU also said it continues on its plans to open 35 stores this year. The sales gain for th
Sher-Wood Hockey Acquires Inglasco Assets
Sher-Wood Hockey Inc. announced that it has purchased the inventory, receivables and certain manufacturing assets relating to Inglasco Ltd., a Sherbrooke, Quebec based producer and distributor of hockey related novelty products as well as NHL and CFL li
Ashworth Considers Sale After Q3 Revenues Slump
Ashworth, Inc. ended a disappointing third quarter with the announcement that it is exploring strategic alternatives including a possible sale or merger of the company. The company has retained Kurt Salmon Associates Capital Advisors as its financial advi
G-III Apparel Widens Q2 Loss
G-III Apparel Group, Ltd. said sales of licensed apparel, which includes sports licensed apparel from the four major sports leagues and the Touch by Alyssa Milano collection, increased 30.1% in the second quarter to $67.8 million from $52.1 million, prima
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