Jordan Brand Introduces First Running Shoe

For the first time since Air Jordan 1 was released in 1985, the Jordan brand has introduced its first running shoe. The Jordan Flight Runner shares some of the same technology in Nike running shoes, including increased heel support and cushioning. The Jor

Groupe Go Sport Parent Sells $500 Million in Bonds

Rallye, the French retailing company that owns a controlling interest in Groupe Go Sport and its Courir specialty running chain, said investors oversubscribed to its 7-year, 4 percent bond of €500 million, which it will use to refinance debt pay 8.5

REI Sales Hit Record $2 Billion in 2013

REI reported sales rose 2.9 percent to a record $2.02 billion in 2013 and disclosed its net income fell 5.1 percent due to one-time charges it took for canceling a private label product launch and writing down the value of software. Comp store sales, incl

Lole Unveils Destinations for its White Tour

Lole unveiled destinations for its 2014 Lole White Tour, a series of yoga events in major museums around the world that drew 10,000 participants in its first year. This year, the tour will stop in five cities: Barcelona, New York, Montreal, Toronto and Ed