GSI Commerce Sees Sporting Goods Drive Q4 Gains…

GSI Commerce Inc. said its Q4 revenues rose 14% to $148.7 million from $130.3 million. Merchandise revenues rose 17.2% to $223.1 million from $190.3 million last year. Service revenues jumped 67.4% to $112 million from $66.9 million. Sporting goods reven

Warnaco Sells Lejaby

The Warnaco Group, Inc. entered into an agreement to sell its Lejaby business to Palmers Textil AG for approximately €32.5 million (approximately $47 million) in cash and €12.5 million (approximately $18 million) in an interest free note due December 31,

NIKE Unveils Community Store Plans in New Orleans

Nike unveiled plans for a new community store in New Orleans. The store is scheduled to open in April 2008 on Carrolton Avenue. In addition to providing local jobs and management training programs, the store will host an annual grant program to support co

Jarden Sees 38% Hike in Q4 Revs

Jarden Corporation reported net sales increased 38% in its fourth quarter ended Dec. 31, to $1.5 billion from $1.1 billion. The latest quarter showed a net loss of $11.2 million, or 15 cents a share, compared to net income of $35.7 million, or 52 cents, a

Herbalife Sponsors L.A. Triathalon

Herbalife Ltd., a global nutrition and direct-selling company, and the Kaiser Permanente Los Angeles Triathlon announced a three-year agreement naming Herbalife the presenting sponsor and official nutrition company of the event, to be held on Sunday, Sept

Smith Names PR Communications Manager

Smith has appointed Greg Randolph to the newly-created position of PR Communications Manager within its marketing department. Since 2003, Randolph, a former Olympic and professional athlete, has been the Bike Promotions Manager at Smith managing a highly

REI Recognized for Conservation Work

The Natural Resources Council of America (NCRA) bestowed its Corporate Stewardship Award to Recreational Equipment, Inc. (REI) for unparalleled corporate leadership in support of conservation programs in America…

Bushnell Reports 25% Growth in Golf Sales for 2007

Bushnell Outdoor Products reports that sales in 2007 have eclipsed its previous record sales numbers set in 2006 with a 25% increase in golf sales. The Pinseeker 1500 Tournament Edition saw a 27% increase in 2007, building on its strong sales success in 2

Bjorn Borg Brand Sales Jump 35% in Q4

The Bjorn Borg brand saw brand sales increase 34.8% to SEK 651 million ($101.8 mm) for the fourth quarter ending December 31, 2007 from SEK 483 million ($69.4 mm) last year. For the company itself, net sales rose 28.8% for the period to SEK 139.8 million

Cybex Posts 16.5% Sales Growth in Fourth Quarter

Cybex International, Inc. reported net sales for the fourth quarter of 2007 increased by 16.5% to $44.5 million compared to $38.2 million for the corresponding 2006 period. This increase was driven by strong sales of both cardio and strength products. Net

New Era, Teamsters Settle Dispute

New Era Cap Co. and the local teamsters union have reached a deal at the company's 118-worker distribution center in Mobile, AL. Details weren't released. Said Christopher Koch, CEO of New Era. “This contract solidifies what I hope will be a lon

Puma Extends Swedish Athletic Sponsorship Through 2012

PUMA has extended its contract with the Swedish Athletic Association, which was initiated in January 2005, beyond the London Olympics in 2012. Under the agreement, PUMA will remain the official apparel and footwear supplier for all Swedish teams competing

Kellwood Will Go Private

Sun Capital Securities Group, LLC said 70.8% of the shareholders of Kellwood Co. tendered their shares to its affiliate Cardinal Integrated, LLC by a midnight deadline Tuesday, clearing the way to take the company private. Kellwood's outdoor brands i