Adidas Group First Quarter Profit Tumbles

Adidas AG reported first-quarter profit decreased 34 percent from the prior year, as revenues declined, hit by adverse currency and weakness in the golf unit. Revenue at TaylorMade slumped 38 percent in the first quarter as a result of increased discounti

Adidas Exploring Sale of Rockport

Adidas is considering offers for its Rockport comfort shoe brand, Chief Executive Herbert Hainer said Tuesday on the company's first quarter conference call…

Cyclists of the World Unite – No Really!

Representatives of the European Cyclists' Federation have thrown their support behind an initiative to create a World Cycling Alliance (WCA), a worldwide network of non-governmental organisations that will advocate for cycling before international in

Billabong Appoints Chief Operating Officer

Billabong CEO Neil Fiske announced the appointment of Jeff Streader to the role of global chief operating officer (COO) of Billabong. Streader’s background includes supply chain and operational leadership roles at Guess?, Kellwood, VF Corporation, F

Skateboard Community Raised $93K at Skate for a Cause

On May 3rd, 50 pro and am skateboarders, a dozen sponsors and more than 2,000 fans joined Ryan Sheckler in Lake Forest for the Sheckler Foundation's Skate for a Cause event, presented by etnies. Skateboarders in attendance included: Jamie Thomas, Sea

Sturm, Ruger’s Q1 Revenues Climb 9.0 Percent

Sturm, Ruger & Company, Inc. reported net sales of $169.9 million and fully diluted earnings of $1.22 per share, compared with net sales of $155.9 million and fully diluted earnings of $1.20 per share in the first quarter of 2013…