City Sports to Open Its Largest Retail Location in NYC

City Sports will open its 22nd retail location in New York City's financial district on Tuesday, March 26. Coming on the heels of the successful re-location of their Chestnut Hill store in Boston, MA, this newest store will mark City Sports' th

MEC to Open New Store in Langley, BC

Mountain Equipment Co-op (MEC) will open its next new store in late June in Langley, BC. The 16,000-square-foot MEC store will mark the outdoor retail co-operative's third location in the Lower Mainland, its fourth in BC, and seventeenth in Canada…

Nike Inc. Fiscal Q3 Profits Climb 16 Percent

Nike, Inc. reported revenues from continuing operations rose 9 percent in its third quarter ended Feb. 28, to $6.2 billion, up 10 percent excluding currency changes. Nike brand revenues rose 10.0 percent with growth in all geographies except Greater China

RECALL: 110,000 Aqua Lung Buoyancy Compensators

Aqua Lung is recalling about 110,000 buoyancy compensators with SureLock II weight pocket handles because their rubber handles can detach as divers are trying to remove the weight pockets to rise to the surface in an emergency. This poses a drowning hazar

Lululemon See Q4 Earnings Climb 48 Percent; Warns on Q1

Lululemon Athletica Inc. reported revenues for the fourth quarter increased 31 percent on a 10 percent comp gain. Earnings jumped 48.8 percent. However, Lululemon warned that its recall of black yoga pants would shave up to $17 million off first quarter s