Nike’s Q3 Impresses; FX Headwinds Cloud Outlook

With both its basketball and running segments clicking, Nike Inc. seems to have few challenges these days driving demand for its products. But even the sporting goods giant can’t do much about currency fluctuations. The company delivered third-quart

January Import Data Foreshadow Shift Toward Cheaper Bikes

U.S. bicycle imports hit a record in January, but only because of a surge in low-price bikes imported by mass merchants that dragged down average FOB values by nearly 20 percent, according to an analysis of government import data by Gluskin Townley Group.

Shoe Carnival Announces 10 New Stores in Eight Cities

Shoe Carnival set the grand opening of 10 new stores in eight cities opening their doors in March 2014. The stores are Chicago, IL, Lansing, MI, Detroit, MI, Indianapolis, IN, Grand Rapids, MI, Chattanooga, TN, Charlotte, NC and Bowling Green, KY…

Bauer Sees Q3 Revenue Gain

Bauer Performance Sports reported preliminary results for its fiscal third quarter ended Feb. 28, 2014. Revenues are expected to range from $61 million to $63 million, up from $54.9 million a year ago…

Li and Fung’s U.S. Business Bounces Back

Li & Fung reported net profit attributable to shareholders rose 17 percent in 2013, to $725 million, aided by a turnaround in its U.S. business. Sales grew 3 percent to $20.7 billion. The Hong-Kong sourcing giant also proposed a spin off of its global bra

Athleta Re-ups Sponsorship of Esprit de She Series

Athleta has extended its title sponsorship of the Esprit de She – The Spirit of Her Race Series, for the second year in a row. The event drew 15,000 participants when it was launched last year, according to Life Time Fitness…

Reef Adds Hawaiian Surfer to Sales Team

Over the past several years, Reef has brought a number of talented surfers still performing at top levels into the family as part of the Reef sales force. Most recently, Hawaiian former Association of Surfing Professionals World Tour surfer Roy Powers has

Nikes Supports Military Veterans

Team Red, White and Blue (Team RWB), a national nonprofit supporting military veterans, announced the support of Nike, Inc., who will serve as its official outfitter for athletic apparel…

Cushe Partners with Hoffman California Fabrics

Cushe Footwear, a division of Wolverine World Wide, announced the launch of Cushe x Hoffman Collection, a collaboration with legendary Hoffman California Fabrics, a company who has been creating authentic Hawaiian and Balinese prints that have helped defi