Retail sales at sporting goods, hobby, book and music stores fell in May, according to advance estimates of U.S. retail sales released by the U.S. Census Bureau Thursday…
Category: Footwear
Lululemon Cuts 2014 Guidance as Sales Weaken
Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a constant dollar b
FootBalance’s CEO Exits
The board of FootBalance has appointed CFO Klaus Rauhansalo as acting CEO from the beginning of June. FootBalance´s current President and CEO Tom Jungell has made a decision to move on to new challenges…
Survey: Millennials Make World Cup More Social
Influenster, a community of social media tastemakers, said 75 percent of its members will use online social networks to keep up-to-date with the World Cup. Facebook and Twitter lead as the most popular…
SureFire LLC Names Veteran as of VP Sales and Marketing
SureFire LLC welcomes Jamie Wiedeman back to the company as vice president of sales and marketing…
Field Logic, Inc. Acquires Production House
v2 Studios, a full service production house, has been acquired by by archery company Field Logic, Inc…
Loudmouth Golf Names President
Loudmouth Golf, whose brightly colored golf pants and shirts enable golfers to “play LOUD!” has appointed former Disney, Hurley and Nike executive, Dennis Green as president effective Wednesday…
Leupold and Stevens, Inc. Names New Product Development Director
Leupold & Stevens, Inc. has announced the hiring of Tim Lesser to the newly created role of director of product development…
FN Manufacturing, FNH USA to Consolidate Operations into FN America
Herstal Group CEO Philippe Claessens has announced the decision to consolidate FN Manufacturing, LLC in Columbia, SC and FNH USA, LLC in McLean, VAP into a single entity, FN America, LLC…
Lululemon Founder Chip Wilson Blasts Company’s Board for Short-term Focus
Lululemon Athletica Inc.'s Founder and largest shareholder Chip Wilson announced Wednesday that he voted against the re-election of two directors to the company’s board, arguing their focus on short-term results was coming “at the expense of pr
SFIA State of the Industry Report: Technology Driving Product Interest and Sales
Technology in sports and fitness products continues to be a growth driver for the industry, according to the latest State of the Industry Report published by the Sports & Fitness Industry Association (SFIA). Acquiring new technology (40 percent) ranked se
L.L. Bean to Reopen Pop-up Shop in Natick Mall
L.L. Bean will be reopening its Natick Mall pop-up shop in Massachusetts June 30. The retailer opened its first-ever pop-up store in Natick for the 2013 holiday season activity at the kiosk-type shop exceeded expectations…
Black Diamond Given Year to Appoint More Independent Directors or Lose NASDAQ Listing
Black Diamond Inc. has been given a year to appoint a majority of independent directors to its board or risk losing its listing on the NASDAQ following shareholders' election last week of six company nominated directors…
New Balance Introduces Authors Collection
New Balance is introducing a series of sneakers for their “Made in USA” collection that pays tribute to some of the greatest American novels ever written. Specific color combinations and choice materials will tell the story behind each shoe…
Tactical Gear Distributors offer Custom Marketing Tools
Tactical Gear Distributors (TGD), a wholesaler of performance firearms and tactical gear for military, law enforcement and tactical sport retailers is offering new marketing tools to its client base…
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