Interbike Rings Closing Bell on Another Successful Season

Some old and some new, it seemed as though all 1,200 brands represented had something to talk about. From Bell Helmets cultural revitalization, to the Electra cruiser booth, to fixed-gear specific bicycle manufacturers and Honey Stinger introducing its li

Adidas Slashes Growth Outlook for Reebok

Adidas AG last week raised its long-term growth rates for the Adidas Brand as well as its Other Businesses segment, driven by strength at TaylorMade-Adidas Golf. But all the attention went to management’s decision to sharply lower its 2015 revenue t

Cornell Severs Adidas Ties, Cites Workers’ Rights

Cornell became the first university to sever its licensing contract with Adidas over recent allegations of labor abuses. Cornell said that due to the company’s refusal to pay severance to 2,800 workers displaced in the 2010 closing of an Indonesian

Nike Vows to Improve Profitability

At Nike’s shareholder meeting held at its Beaverton headquarters, CEO Mark Parker spent much of his presentation detailing how the company’s commitment to innovation, connections with athletes, and inspiring stories helped drive the company&#8

Richemont Acquires Peter Millar

Richemont, the Geneva, Switzerland-based owner of a luxury portfolio that includes Alfred Dunhill and Cartier, has acquired the menswear golf brand Peter Millar from majority stakeholder Winona Capital Management. The terms of the deal, which is expected

NICA to Enter Arizona, New York and Tennessee

The National Interscholastic Cycling Association (NICA), which is creating high school mountain biking leagues nationwide, is expanding into Arizona, New York and Tennessee next, it accounced at a press conference during the annual Interbike trade show in

Adidas Group Slashes Growth Targets for Reebok

Adidas AG lowered its 2015 long-term growth forecast for sales at the Reebok brand, to €2 billion from €3 billion target set in November 2010. Adidas cited the loss of a contract to supply National Football League apparel, revised reporting of

Premiere of NBC’s

The Thursday (Sept. 20) night season premiere of NBC’s hit comedy series “The Office” will feature employees at the fictional paper company Dunder Mifflin using a slackline from Gibbons Slacklines in a team building event in the parking