Puma reported earnings in the second quarter declined 33.3 percent as sales dropped 4.0 percent on a currency-adjusted basis. Revenues were hurt by falling sales in China and southern Europe as well as the effects of the weak yen in Japan, its second-bigg
Category: Footwear
Cross Optical Sales Up Nearly 18 Percent in Second Quarter
A.T. Cross Company reported sales of its Cross Optical Group (COG), which owns the Costa and Native eyewear brands, reached $32.4 million, a quarterly record for the business and an increase of 17.9 percent compared to last year…
Two Ten Footwear Foundation Announces a New Scholarship Fund for US Veterans
Two Ten Footwear Foundation announced The Footwear Warriors Scholarship Fund developed exclusively for military veterans working in or returning to the footwear industry. This scholarship is made possible by a new endowment fund launched by Quabaug Corpor
Lapierre North America Launches New Website
Lapierre, the performance-driven mountain and road cycling brand born in France, launched its official North American website today. The site is home to North American product offerings, technology, team information, dealer locator, consumer blog and mont
Nike Demand Creation Expenses Increase 5 Percent in Fiscal Year
According to its just-released annual report, Nike Inc. reported demand creation expense grew 5 percent in its fiscal year ended May 31, to $2.74 billion from $2.6 million. The gains were mainly driven by an increase in sports marketing expense, marketing
High 5 Gear To Sponsor Professional Bowling Association
The PBA has announced a new three-year agreement with High 5 Gear to become the official PBA Tour bowling jersey manufacturer, replacing Gemini Custom Apparel…
SFIA Announces Winners of Inaugural Future Leaders Program
The Sports & Fitness Industry Association (SFIA) announced the inaugural 2013 class of the Future Industry Leaders Scholarship Program. The winners include employees from MC10, Easton-Bell, Johnson Health Tech, Under Armour and Life Time Fitness…
Nike Hosts Elite Lacrosse Event at World HQ
On July 22 and July 23, Nike Lacrosse's is holding “The Ride” at its world headquarters in Oregon. The inaugural event is focused on growing the game and driving competition by providing premier high school athletes with elite training, coaching and
Academy Sports Signs Deals with the University of North Carolina and Carolina Panthers
Academy Sports + Outdoors announced multi-year partnerships with the University of North Carolina Tar Heels and the Carolina Panthers. Academy recently opened two new stores in the Charlotte, North Carolina area in early March – one in Concord and one in
Snow + Rock Hires Berghaus Chief as Next CEO
Snow + Rock, which operates 22 stores in the United Kingdom and Ireland, has hired former Berghaus president Richard Cotter as CEO, according to a report by Retail-Week.com…
Mizuno USA Restructures to Accelerate Growth
Mizuno USA announced a number of organizational changes to better create a more effective, efficient operational structure. The organizational changes will streamline divisional operations with the combination of Diamond Sports/Volleyball and Golf divisio
Patagonia Footwear to Pay Tribute to Patagonia’s 40th Anniversary
Patagonia Footwear will host a series of special events at Outdoor Retailer Summer Market 2013 focused around key collaborations with its ambassadors along with a nod to Patagonia's 40th anniversary…
Burton to Open Two Stores In San Francisco
Burton Snowboards will open two new flagship stores in the San Francisco Bay Area this fall, with the first store opening in Berkeley followed by a second store on Haight Street…
Report: Starwood Capital Joins Bidding for Saks
Starwood Capital has offered between $17 and $18 a share for the chain, equal to an offer from Hudson's Bay Co. (HBC), according to a report from the New York Post…
Eureka! Survey Confirms Technology Undermining Youth Participation
More than half (51 percent) of Americans say that “competition with technology” is the number one reason kids are not enjoying the great outdoors, according to a survey of more than 1,100 Americans conducted by Eureka!…
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