Nike Extends Asian Soccer Sponsorship

The Asian Football Confederation (AFC) has extended its commercial partnership with sportswear behemoth Nike. Nike has worked with Asian soccer’s governing body since 2005…

Aldila Posts Wider Q1 Loss on Higher Input Costs

Aldila Inc. recorded sales of $15.9 million and a net loss of $449,000, or 8 cents a share for the three months ending Mar. 31, 2012 as compared to net sales of $11.3 million and a net loss of $535,000, 10 cents, for the comparable period in 2011…

Spy Inc.’s Q1 Sales Surge with Focus on Spy Brand

Spy Inc. reported net sales of its sunglasses and goggles increased by $1.4 million, or 22 percent, to $8.1 million for the quarter ended March 31, 2012, compared with total net sales of $6.7 million for the quarter ended March 31, 2011. Gross margins dec

Trek Names New Brand Managers

Trek Bicycle shifted the roles and responsibilities of several key members of the Waterloo, WI-based global marketing staff to address the changing realities of marketing to an increasingly global audience…

DOJ Seizes $1.5MM in Counterfeit Proceeds

The Department of Justice has seized more than $1.5 million in proceeds from the distribution of counterfeit sports apparel and jerseys via websites traced back to Chinese operators. The funds were seized from interbank accounts and six money service busi

Heelys Widens Q1 Loss

Heelys, Inc.'s revenues improved 19.7 percent in the first quarter, to $7.3 million but lower margins caused its net loss to expand to $1.6 million, or 6 cents a share, from $1.2 million, or 4 cents, the prior year…