MLS to Relaunch L.A. Club in 2017

Major League Soccer pulled the plug on its struggling Los Angeles franchise Chivas USA Monday and said it will announce a new ownership group Thursday, Oct. 30 that will field a new club beginning with the 2015 season. The news came a day after MLS releas

Fjällräven Building Chicago Area Store

Fjällräven, the Swedish outdoor brand, is opening its first store in Chicago in a building under construction in the Bucktown area, according to a report by Chicago Real Estate Daily…

Alta Bicycle Share Finds Buyer

Alta Bicycle Share, which operates bike sharing systems in several U.S. cities, has agreed to be acquired by Bikeshare Holdings LLC, an investment group that plans to relocate Alta headquarters from Portland, OR to New York City…

Big 5’s Q3 Earnings Slip

Big 5 Sporting Goods Corporation reported net sales increased to $265.1 million in the third quarter from $259.1 million a year ago. Same store sales increased 1.0 percent. Net earnings slumped 18.3 percent to $7.5 million, or 34 cents a share, but were i

Skechers Pier to Pier Friendship Walk Breaks Records

The Skechers Foundation announced that the 2014 Skechers Pier to Pier Friendship Walk broke records and raised over $1.1 million for children with special needs and education. Co-sponsored by Nickelodeon, the Walk was the largest to date – with more than

Crocs’ Q3 Earnings Slide on Charges

Crocs Inc. reported operating earnings tumbled 93.8 percent to $1.1 million from $17.9 million a year ago after restructuring and asset impairment charges. Revenues grew 4.8 percent to $302.4 million from $288.5 million with gains of 13 percent in Europe

Cotopaxi Names Marketing Director

Cotopaxi, the first-ever venture-backed company to launch as a Benefit Corporation, has named Allison Schwam as marketing director to further develop Cotopaxi’s marketing strategy and branding opportunities…