January Import Data Foreshadow Shift Toward Cheaper Bikes

U.S. bicycle imports hit a record in January, but only because of a surge in low-price bikes imported by mass merchants that dragged down average FOB values by nearly 20 percent, according to an analysis of government import data by Gluskin Townley Group.

Li and Fung’s 2013 Profits Rise 17 Percent

Li & Fung Ltd. said its 2013 net profit rose 17 percent, thanks to a turnaround in its U.S. distribution business. The Hong Kong company's revenues rose 3 percent to US$20.75 billion from US$20.22 billion…

Worldwide Golf Reopens the Edwin Watts in Lexington

Roger Dunn Golf Shops, a privately held company and largest golf specialty retailer on the West Coast, has reopened and remodeled the Edwin Watts Golf Store in Lexington, Kentucky. The company spent many months in renovating the existing structure as well

DSW Sees Challenging 2014 Amid Omni-Channel Push

DSW reported fourth-quarter earnings, adjusted to exclude non-recurring items, slid 8.6 percent to $28.7 million, or 31 cents, on flat comparable-store sales. But it also delivered a cautious 2014 outlook, in part due to an “aggressive” push t

Bauer Sees Q3 Revenue Gain

Bauer Performance Sports reported preliminary results for its fiscal third quarter ended Feb. 28, 2014. Revenues are expected to range from $61 million to $63 million, up from $54.9 million a year ago…

Athleta Re-ups Sponsorship of Esprit de She Series

Athleta has extended its title sponsorship of the Esprit de She – The Spirit of Her Race Series, for the second year in a row. The event drew 15,000 participants when it was launched last year, according to Life Time Fitness…

Yakima Working to Halt Gray Market Sales to Costco

Yakima assured its authorized dealers Thursday that it was working with an international distributor to halt sales of two unauthorized Yakima SKUs by Costco Wholesale Corp. Costco sourced the products through one of Yakima's international distributor

Firearms Industry Contributes $150,000 to NAWCA

The National Shooting Sports Foundation (NSSF announced it has contributed another $150,000 to supplement Congressional funding of the North American Wetland Conservation Act (NAWCA), a grant program providing federal cost-share funding to support the Nor