Seizure of Counterfeit Goods Surged in FY13

The number of federal seizures of counterfeit and pirated goods increased nearly 7 percent in FY 2013, thanks in part to a surge in seizures of counterfeit pro sports apparel and a crack down on rogue websites, according to an annual tally by the federal

Shoe Carnival Profit Falls; Outlook Weak

Shoe Carnival reported fourth-quarter earnings fell 81.4 percent to $598,000, or 3 cents a share, as snowy conditions led to declining traffic throughout most of December and January. The family footwear chain also provided first-quarter guidance that tra

Nike’s Q3 Impresses; FX Headwinds Cloud Outlook

With both its basketball and running segments clicking, Nike Inc. seems to have few challenges these days driving demand for its products. But even the sporting goods giant can’t do much about currency fluctuations. The company delivered third-quart

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.