Former JJB Sports CEO Tom Knight unveiled plans for Intersport Sporting Pro, a new retail chain that will be financed by UK fashion and homewares retailer Matalan in a bid to fill the void left by the 2012 bankruptcy of JJB Sports…
Category: Footwear
Giant Group Rides Asia to 4.1 Percent Growth in First Half
Giant Group, believed to be one of the world's largest bicycle manufacturers, reported revenue rose 4.1 percent to TWD27.2 billion ($914 mm) for the first six months ended June 30, largely on the strength of sales in Asia…
Hireko Golf to Distribute Aerotech Golf Shafts
Aerotech Golf of Bellingham, WA has added club manufacturer Hireko Golf as an authorized dealer of its composite iron shafts, which are the most popular being used on the PGA and Champions Tours…
Dillard’s Sees 25 Percent Earnings Gain in Q2
Dillard’s, Inc. reported a 25 percent increase in second quarter earnings per share compared to the prior year. Net sales for the 13 weeks ended Aug. 3 were $1.48 billion. The company also saw a 1 percent increase in comparable store sales…
Hibbett Sports Renews $30 Million Credit Facility
Hibbett Sports, Inc. executed a new Master Note Aug. 9 renewing its existing unsecured revolving credit facility between it, its subsidiaries and Regions Bank…
Activist Investor Ackman Quits J.C. Penney Board
J. C. Penney announced late Monday that William A. Ackman of Pershing Square Capital Management, JCP's largest investor, has resigned from the Board effective Aug. 12, 2013. Ackman is best known for his actions to bring in former Apple retail chief R
SIA Releases Addendum to Retailer to Consumer Marketing Guide
SnowSports Industries America (SIA) has released an Addendum to the Retailer to Consumer Marketing Guide (RMG) it released last year that delves deeper into how snow sports dealers can drive traffic to their shops…
Imperial Headwear Opens New Production Facility in MO
Imperial Headwear has opened a new production facility in the Southern Missouri town of Ellington. It is the second manufacturing plant Imperial operates in Missouri…
U.K. July Retail Sales Post Highest Growth Since April 2011
U.K. retail sales values were up 2.2 percent on a like-for-like basis from July 2012, when they had increased 0.1 percent on the preceding year. On a total basis, sales were up 3.9 percent, against a 2.0 percent increase in July 2012, the fastest July gro
Foot Locker Rolls Out New Commercial Featuring NBA Stars Harden and Curry
Foot Locker, Inc. unveiled its newest national commercial highlighting its “Approved” sneakers and gear. The spot features James Harden of the Houston Rockets and Stephen Curry of the Golden State Warriors…
Trips for Kids Distributes $50,000 in Grants Raised Largely from Industry
The Trips for Kids board of directors is awarding up to $50,000 in grants to support the Trips for Kids' international network of chapters thanks in large part to the generosity of corporate sponsors across the cycling and outdoor industries…
U.S. Electric Bike Sales Doubled in Year Ended July 31
During the year ended July 31, U.S. sales of electric bikes doubled from a year earlier, according to the just released 2013 edition of Electric Bike Reports Worldwide, which is produced by eCycleElectric International Consultants…
Sea to Summit to Distribute CamelBak Hydration Products in China
CamelBak named Sea to Summit as the exclusive distributor of its hydration packs and reusable BPA-free water bottles in China…
July Retail Sales Inched up 0.3 Percent
Sporting goods, hobby, book and music stores’ sales were up 1.0 percent seasonally-adjusted month-to-month and 3.9 percent unadjusted year-over-year, according to data released by the U.S. Department of Commerce…
Nike’s VP of Sport Performance Footwear Retires
Bruce Connelly has decided to retire from Nike after nearly 26 years with the company. Connelly has served as Nike's VP of sport performance footwear for the past three years…
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