Macy’s Comps Fall 7.1%

Macy's Inc. said same-store sales fell 7.1 percent in January. Much of that drop, however, was attributed to one fewer week in January 2008 versus January 2007, but same-store sales still missed Macy's estimate of minus 4 to 6 percent…

Nitches Acquires Backwoods

Nitches announced it has acquired outdoor lifestyle retailer Backwoods Equipment Company, whose operations consist of Backwoods stores and travel service Backwoods Adventures. Jennifer Mull will continue as CEO and President of Backwoods. Nitches, which i

Amer Sees Winter Sports Weakness Drag Q4, 2007 Results

Amer Sports reported a 14.5% decrease in fourth quarter sales to €497.1 million ($720.0 mm) from €581.6 million ($750.0 mm) for the year-ago period. For the full year, net sales decreased 7.8% to €1.65 billion ($2.26 bn) from €1.79 billion ($2.25 bn) last

Centerstone Software Processed $1.2Bn in Orders in 2007

CenterStone Technology’s e-commerce solutions, Escape and iVendix, processed more than $1.2 billion in wholesale transactions in 2007. The number of companies actively using iVendix grew 53 percent to 9,725 over 2006. iVendix processed 144,002 orders, an

Spyder Acquires Cloudveil

Spyder Active Sports, Inc said it acquired Cloudveil Mountain Works, Inc. Under the agreement, Cloudveil will remain a separate brand entity and operate as a wholly owned, independent division of Spyder Active Sports. Cloudveil’s founders, President Brian

CadenceTV Launched for Group Workouts

Cadence Cycling and Multisport Centers launched CadenceTV, an interactive video platform that allows cyclists to train and participate in live group workouts from a remote location. CadenceTV will stream live video of Cadence's two-time daily indoor

Saucony Names VP of Marketing

Saucony named Mary (Creedon) O’Brien to the role of vice president of marketing and promoted Pete Calichman to vice president of national accounts. Both O’Brien and Calichman are veterans of Saucony, having launched their sports marketing careers with th

Adidas Partners with US Youth Soccer

The United States Youth Soccer Association (US Youth Soccer) and adidas formally announced an extension of its marketing partnership that initially began in 1989. In this extension that will run through 2010, with option years that could extend the relati

Sports Direct Partners with China’s ITAT

Sports Direct International PLC, the UK sporting goods conglomerate, announced a strategic relationship with China's ITAT Group to move into the rapidly expanding Chinese retail market before the Beijing Olympics in August. Sports Direct will invest

Saucony Names Veterans to Sales and Marketing Posts

Saucony, Inc. named two veterans to senior positions in sales and marketing. The performance running brand appointed Mary (Creedon) O’Brien to the role of vice president of marketing and promoted Pete Calichman to vice president of national accounts…

Burton Acquires Alien Workshop and Habitat

Burton has acquired DNA Distribution, which includes skateboarding brands Alien Workshop, Habitat and Reflex. DNA Distribution will continue to operate in Dayton, Ohio and CEO and Co-Founder Chris Carter will continue to oversee the DNA brands, which incl

Bakers Footwear Gets Funding

Bakers Footwear Group issued 350,000 shares of common stock and entered into a $7.5 million subordinated secured term loan with Private Equity Management Group (PEMG) and an entity affiliated with PEMG. Bakers received net proceeds of about $6.7 million a

Spyder Acquires Cloudveil…

Spyder Active Sports, Inc. has acquired Cloudveil Mountain Works, Inc. Terms of the deal were not disclosed. Under the agreement, Cloudveil will remain a separate brand entity and operate as a wholly owned, independent division of Spyder Active Sports. Cl

L.L. Bean Seeks New Ad Agency

L.L. Bean has placed creative duties on its $40 million advertising account into review, according to adage.com. L.L. Bean currently does not have a creative agency of record and has been farming out work to agencies on a project basis. Its media agency

Duofold Extends PSIA and AASI Partnerships

The Professional Ski Instructors of America (PSIA), the American Association of Snowboard Instructors (AASI), and Duofold have extended their base layer products partnership. Entering their 18th year of continued partnership, PSIA-AASI and Duofold have de