Brain-Pad Reaches Agreement with FTC on Advertising

In a settlement reached with the U.S. Federal Trade Commission (FTC), Brain-Pad and its president, Joseph Manzo, have been barred from making unsupported claims that the company's mouthguards reduce the risk of concussions from lower jaw impacts, red

Callaway Golf Company Announces Refinancing

Callaway Golf Company announced that the company entered into separate, privately-negotiated exchange agreements under which it will issue $63.2 million in aggregate principal amount of new 3.75 percent Convertible Senior Notes due 2019, and 5.9 million s

Lance Armstrong Drops Fight Against USADA Doping Charges

Lance Armstrong said he would no longer fight the U.S. Anti-Doping Agency’s allegations against him, removing the last obstacle to the organization's efforts to strip him of his seven Tour de France titles and ban him for life from participatin

Nike Stands Behind Lance Armstrong

Nike Inc. said it continues to support Lance Armstrong after the cyclist was stripped of his seven Tour de France titles Thursday. Armstrong said he is ending his fight against doping charges. Armstrong continues to maintain his innocence.

Puma Opens First Sustainable Puma Store

Puma opened a sustainable Puma Store in India, the first one worldwide. The store – located in the Bangalore suburb Indiranagar – is spread over a total of 800 sq. meters, has been locally developed and sourced and incorporates a number of revolutionary a

Collective Brands Shareholders Approve Sale of Company

Shareholders of Collective Brands, owner of the Payless and Stride Ride shoe store chains, have approved the sale of the company to an investment group that includes Wolverine Worldwide Inc. for more than $1.3 billion. Collective stockholders voted at a s

Power Force Apparel Hoists Times Square Ad

Power Force Apparel LLC has installed a 100-foot high, 60-foot wide billboard in New York City's Times Square, according to The Birmingham News. The shirtless model pictured is Power Force CEO Guy Sav­age…

Tilly’s Q2 Comps Improve 5.1 Percent

Tilly's Inc. reported a loss in the second quarter after a one-time charge, but said earnings would have grown 49.3 percent on an adjusted basis. Total net sales for the quarter were $105.1 million, an increase of 20.4 percent compared to the second

Participation in Outdoor Recreation Hits Five-Year High

Participation in outdoor recreation reached a five-year high in 2011 with nearly 50 percent of all Americans ages six and older enjoying the outdoors. That equates to 141.1 million American outdoor participants, according to The Outdoor Foundation's