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

Bakers Footwear Posts $11 Million Loss for 2011

Bakers Footwear reported fourth-quarter sales were $53.6 million, a decrease of 8.0 percent from $58.2 million in the year-ago period. Comparable store sales decreased 7.1 percent following an increase of 2.6 percent in the prior-year period…

Life is Good Revamps Website

Life is Good has revamped Lifeisgood.com into an digital ecosystem with the ultimate goal of becoming the hub of optimism, the definitive reflection of the brand. The new website merges content, commerce, community and charity into an experience around op

Leonard Armato Steps Down at Skechers

Leonard Armato is exiting from his role as president of Skechers Fitness Group. Michael Greenberg, president, Skechers USA Inc., told SportsOneSource that Amarto, who joined Skechers in 2010, will become chairman of Leverage Agency, a sports-marketing fi

VF Corp. Divests John Varvatos Enterprises

VF Sportswear, Inc. and John Varvatos announced the sale of the majority ownership interest in John Varvatos Enterprises, Inc. to Lion Capital LLP, with Mr. Varvatos retaining an ownership position. Terms were…