JC Penney to Revise Pricing Methods and Limit Promotions

J. C. Penney Company, Inc. is shifting to a three-tier pricing model in a bid to improve shopper experience. Going forward the department store operator will offer everyday, regular prices; month-long values on seasonal items; and best prices on clearance

RECALL: 2,070 Nitto Handlebars

Euro Asia Imports of La Crescenta, CA, The Merry Sales Co., of South San Francisco, CA and Bicycle Technologies Intl., of Santa Fe, NM are voluntarily recalling about 2,000 bicycle handle bars in the United States and 70 in Canada because they can break w

Lafuma Group Reports First Quarter Sales Rose 4.4 Percent

Lafuma Group said revenue rose 4.4 percent in the first quarter ended Dec. 31, 2011 to 54.7 million euros, marking the fifth straight quarter of growth and the highest quarterly sales performance recorded in three years. Sales of its Great Outdoors divisi

POW Named Company of the Year by Avalaunch

Protect Our Winters (POW) was named “Company of the Year” at the inaugural Avalaunch Winter Market Awards presented by Outdoor Retailer. The awards took place during ORWM12 in Salt Lake City last week…

OR Names University of Cincinnati Student Project OR Winner

Outdoor Retailer (OR) concluded another successful cycle of Project OR when it named Margaret Mussman, a junior at University of Cincinnati, the winner of its eighth cycle held at OR Winter Market 2012. Mussman designed a breathable, waterproof, and tempe

Diamondback Fitness Joins Forces with LifeCore Fitness

LifeCore Fitness and Raleigh America announced that they have executed an exclusive global licensing agreement transferring to LifeCore Fitness operation of theDiamondback Fitness (DBF) division. Effective Jan. 23, 2012, all operations of Diamondback Fitn

Report: VF, Puma Among Bidders for Helly Hansen

Puma and VF Corp are among the bidders for Helly Hansen AB, according to a report in the U.K.'s Sunday Times. The Norwegian clothing company was put up for sale last month. Sources told the newspaper that Helly Hansen the could fetch 200 million poun

Clean Bottle Featured on Shark Tank

Clean Bottle, the water bottle that unscrews at both ends for easy cleaning, received an offer to invest $60,000 from billionaire, Mark Cuban, on the season Premier of ABC's Shark Tank. Clean Bottle owner David Mayer teamed up with his biggest suppor

Hudson Bay Merging with Lord and Taylor

Hudson's Bay Co., the Canadian retail conglomerate, said it completed its acquisition of its affiliate Lord & Taylor LLC, after having invested $427 million to pay down the U.S. department-store chain's corporate debt. Hudson's Bay Co now w

Prince Expands Collaboration with IMG Academies

Prince Sports, Inc. and IMG Academies announced an enhanced renewal of their long-standing relationship that calls for Prince to establish a flagship, first of its kind, advanced tennis innovation facility on site at IMG Academies, set to open in 2012…

Swix Sport AS Acquires Lundhags

Swix Sport AS, announced the acquisition of Lundhags Skomakarna AB from the EQT Opportunity Fund. The formal take over will take place in February 2012…

Avia Partners with Ringstar

Avia and martial arts brand Ringstar have developed a licensing partnership to bring a line of fight and training shoes to market under the Avia brand…

Anakie Partners with Sales Guys to Serve US Retailers

Anakie has partnered with Sales Guys to handle their sales and marketing in the United States using a business model that essentially eliminates a layer of distribution and enables the Australian company to offer its women's snowboard apparel at high