Just four months after being acquired, Cervélo announced it will no longer introduce its new bicycle models every summer regardless of inventory levels at its dealers or its ability to ship new models. The Toronto company said that from now on it will tim
Category: Footwear
Neiman Marcus Earnings Rise on Higher Sales
Neiman Marcus, Inc. reported total revenues of $1.10 billion in its fiscal third quarter compared to $1.06 billion in the prior year. Comparable revenues increased 3.6 percent. Operating earnings for the third quarter of fiscal year 2013 were $150.3 milli
US Skier Visits Rebounded 11 Percent in Winter 2012/13
Skier days totaled 56.60 million in the United States last season, up 11 percent, according to preliminary data released by the National Ski Areas Association indicate. Although a vast improvement from the prior season, it fell short of the record 60.54 m
Zagster Partners With Northern New England Passenger Rail Authority
Zagster, a company that provides turnkey bike sharing services, has partnered with the Northern New England Passenger Rail Authority (NNEPRA), which manages the Amtrak Downeaster, to make Zagster bikes available to passengers disembarking at the Portland,
Patagonia Promotes Doug Freeman to COO Post
Patagonia Inc. promoted Doug Freeman to the position of chief operating officer, effective immediately. Freeman's portfolio includes advanced product R&D, material R&D, sourcing, social and environmental responsibility and the company's distribu
NRF Launches Retail Industry Job Board
The National Retail Federation announced the launch of Retail Jobs powered by NRF, a recruiting and search tool developed for retailers and job seekers. The job board will serve as a fundamental part of NRF’s This is Retail: Careers, Community, Inno
Smart Apparel Startup OMsignal Gets $1M in Seed Funding
Montréal-based OMsignal Inc., a startup company which develops bio-sensing clothing that connects with mobile devices, has obtained a $1 million seed-stage round of financing. The deal involved Canadian venture capital firms Real Ventures and Golden Ventu
Edwin Watts Golf to Host Chainwide Clinic Series
Edwin Watts Golf Shops, with over 90 locations, announced that Saturday, June 8, 2013, will kick-off the chain-wide monthly clinic series for 2013, and the overarching theme of the special day will be improving playability with long and short irons…
STX Expands into Ice Hockey Market
Baltimore-based STX, LLC announced the launch of its ice hockey division. STX, currently manufacturing lacrosse, golf, and field hockey equipment, will begin production and sales of its ice hockey equipment in the Fall of 2014…
Respect Your Universe Closes Private Placement
Respect Your Universe, Inc. completed a private placement of 7,290,000 units at a price of $0.25 USD per unit for gross proceeds of $1.82 million…
Nina Footwear Appoints President
Nina Footwear appointed Alan Johnson as president of Nina Footwear Corp, a new position at the company…
Gander Mountain Announces Major Texas Expansion
Gander Mountain will add four new Texas stores in the coming months, expanding the nation’s largest network of outdoor specialty stores to Lewisville, Mesquite, Round Rock and San Antonio. All four stores are scheduled to open in fall 2013…
REI Limits Returns to One Year
REI refined its returns policy effective Tuesday, telling more than 3 million of its members that it would limit returns to one year from the date of purchase…
Cudas Footwear Appoints West Coast Sales Chief
Cudas Footwear announced that Jeff Clark of West Coast Sales, Inc., has joined the Cudas sales team. Clark will oversee efforts in Arizona, California, Idaho, Montana, Nevada, Oregon and Washington…
DeFeet Cuts Cycling Team Loose After Rider Test Positive for EPO
DeFeet, the North Carolina sock maker, announced it had ended its sponsorship of the Vini Fantini professional cycling team because two of its members tested positive in recent weeks for the performance enhancing substance EPO.