Nike, Inc. announced two management appointments in two important areas of its global business, retail and women’s…
Category: Footwear
Yue Yuen Reports 1H Loss After Setting Aside $90 Million for Worker Benefits
Yue Yuen Industrial Limited reported a loss for the first half of the year after setting aside $90 million to provide social insurance and housing to settle a massive strike at one its factories in China. The company, which is the largest producers of ath
Beckerman and Jackson Elected to Sporting Goods Hall of Fame
The Sporting Goods Industry Hall of Fame Committee has elected David Beckerman, the founder and CEO of Starter, and the late Bill Jackson of Bill Jackson’s Shop For Adventure in Pinellas Park, FL to the 2015 Class of the Hall of Fame…
Nordstrom Reports 3.3 Percent Comps Growth in Second Quarter
Nordstrom, Inc. reported net sales of $3.3 billion for the second quarter, up 6.2 percent compared with the same period in fiscal 2013. Total company comparable sales for the second quarter increased 3.3 percent…
Performance Sports Group Reports 15 Percent Organic Sales Growth
Performance Sports Group Ltd (PSG) reported revenues in the fiscal fourth quarter ended May 31 increased 30 percent to $112.9 million compared to $86.7 million in the same year-ago quarter. Organic sales, or sales excluding recently acquired Easton Baseba
The Golf Group Reports on Latest Counterfeit Raid in China
The U.S. Golf Manufacturers Anti-Counterfeiting Working Group reported that raids by Chinese law enforcement resulted in the seizure of almost 62,000 counterfeit golf products from two factories in the last two months…
Ballmer Closes on Acquisition of L.A. Clippers
Former Microsoft CEO Steve Ballmer closed on his acquisition of the Los Angeles Clippers Tuesday from The Sterling Family Trust after a court ruled disgraced former owner Donald Sterling had been properly removed as a co-trustee by his wife…
RYU Names Briglio VP of Sales and Marketing
Respect Your Universe, Inc. has hired Alex Briglio as vice president of sales and marketing. Alex joins RYU from glove maker Swany Canada…
Macy’s Fiscal Q2 Growth Can’t Offset First Quarter Shortfall
Macy’s, Inc. lowered its guidance for full year sales growth, saying fiscal second quarter sales growth was not enough to offset disappointing first quarter results…
Flip Flops Shops Middle East Franchisee Opens First Shop
Flip Flop Shops, which sells a wide array of skate, surf, beach and outdoor brands, said a franchise partner opened the first of 50 shops planned for the Middle East in Kuwait City on Aug. 10…
Foot Locker Launches Follow-Up Commercial Campaign
Foot Locker recently launched the second television commercial in a two-part series. The spot features NBA star James Harden and retiring soccer star Landon Donovan…
Grassroots Outdoor Alliance Names Wes Allen President
Grassroots Outdoor Alliance named Wes Allen as its new president. A former national sales manager for Chaco and co-owner of Sunlight Sports in Cody, WY, Allen will start in his new position Sept 1…
Globalstar Reports Spike in SPOT Equipment Sales in Q2
Globalstar Inc. reported that revenue from SPOT equipment sales increased 76 percent from the second quarter of 2013 thanks to the release of SPOT Gen3 and SPOT Trace, which were not available during the second quarter of 2013…
Bike America Acquired by Barmer Enterprises
Barmer Enterprises has acquired Bike America, which owns seven bike stores in Palm Beach and Broward counties in South Florida…
Athos Receives New Funding for Biometric Fitness Apparel
Athos, which has announced plans to launch a line of biometric fitness apparel this fall, has closed $12.2 million in Series B financing. The Redwood City, CA company said it will use the funds to…
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