Candian Tire Charity Launches $2M Fundraiser

Canadian Tire’s Jumpstart announced its One Million Red Balls campaign, which begins May 4 and culminates with the charity's fourth annual Jumpstart Day on May 26. The campaign aims to raise $2 million to help 20,000 children from low-income fa

Prince Sports Files for Bankruptcy Protection

Prince Sports has filed voluntary petitions for Chapter 11 reorganization in the U.S. Bankruptcy Court for the District of Delaware. Prince has also filed with the bankruptcy court its proposed plan of reorganization plan that calls for the company to be

Action Sports/Apparel Lawyer Joins SDSI Advisory Board

Bill Walton, Executive Chairman of SD Sport Innovators (SDSI), announced Jason Femrite to the SDSI Advisory Board. Jason is a partner in the Action Sports and Apparel Group of the San Diego-based law firm Procopio, Cory, Hargreaves & Savitch LLP…

Big 5’s Q1 Comps Dip 2.9 Percent, Hurt by Mild Weather

Big 5 Sporting Goods Corp. reported that sales slid 1.2 percent in the first quarter, to $218.5 million from $221.1 million a year ago. Same store sales decreased 2.9 percent for the first quarter of 2012. The company's first quarter sales were negat

Sears’s Q1 Comps Decline 1.3 Percent

In advance of its annual meeting of shareholders to be held on May 2, 2012, Sears Holdings Corporation announced its expected first quarter ended April 28. Sears' Domestic operates experienced an 1 percent comparable-store decline. Sears Domestic ach

Adidas Marketing Exec Sent to Prison in Fraud Scheme

Britney Obstar, a former marketing manager at Adidas, was sentenced today by United States District Judge Garr M King to serve one year and one day in prison for orchestrating a fraud scheme that resulted in a $336,000 loss to Adidas. Judge King also orde

NRF Hails Senate Push Against Yarn Forward Rule in TPP

The National Retail Federation applauded a bipartisan letter from 15 members of the Senate that urged President Obama to abandon yarn forward rule of origin requirements in textile and apparel provisions being negotiated as part of the Trans-Pacific Partn