Billabong Completes Surfection Acquisition

Billabong International Limited moved to 100 percent control of the Sydney-based retailer Surfection, a business previously operated under a joint venture between the Billabong Group and interests associated with retailer Chris Athas. The acquisition was

Sessions Separates from Samsung America

After two years of working together, snow sports outerwear company Sessions LLC has separated from the multi conglomerate company, Samsung Clothing & Textile America, Inc., Sessions President Cindi Busenhart said…

Nike Delivers Double-Digit Q1 Sales Growth

Nike Inc. reported revenues climbed 17.5 percent to $6.1 billion from $5.2 billion, and increased 11 percent on a currency-neutral basis. Earnings jumped 15.4 percent to $645 million, or $1.39 a share. Excluding currency changes, reported orders would hav

TOMS Shoes Founder’s Book Lands On Best-Seller List

TOMS Founder Blake Mycoskie's book, Start Something That Matters, has landed on USA Today's Best-Selling Books list at No. 24. He's been helped by interviews on CNBC and PBS and a positive review in The Wall Street Journal, according to USA

Derby Cycle and Pon Holdings B.V. Agree to Merge

Derby Cycle AG said Pon Holdings B.V. of the Netherlands had agreed to offer Derby Cycle shareholders EUR 28.00 ($38) a share as part of a friendly deal the company's signed Thursday that will help the Germany company bike maker avoid a potential tak

Kantar Retail: Q4 Retail Sales to Grow 2.8 Percent

Retail sales growth for the fourth quarter holiday period will be 2.8 percent, or half of what it was in 2010, Kantar Retail forecasts. The outlook for the 2011 holiday season is not a matter of whether it will be weak, but rather how weak it will be in