JD Sports Increases Canterbury Stake

JD Sports Fashion, the U.K. based retailer, paid £1.6 million ($2.5 mm) to extend its control of the global distribution of the Canterbury sportswear brand. JD has bought 100% of Canterbury International Australia and 51% of Canterbury of New Zealand…

Inventor of Air Sole Technology Dies

Frank Rudy, the inventor of the Nike Air Sole technology, died at the age of 84 at his home in California, according to the Oregonian. Rudy is credited with inventing the Nike Air shoe cushioning system in the late 1970s…

ComScore: Website Traffic Jumps In November

Nearly four out of five consumers who went online in November visited an online retail site, and the web sites of department stores and toy stores saw the biggest traffic increases from October, according to a monthly analysis of U.S. online activity by c

K2 Sports Licenses Adio to LandS Group

K2 Sports reached an agreement to license the Adio skate brand to Anthony L&S Footwear Group. Terms were not disclosed. L&S, which makes footwear under the Fubu, U.S. Polo Association, Mt. Gear, Levi's, Cadillac and Greedy Genius names, is now headed

Benchmade Partners with USA Shooting

Benchmade Knife Company is said to have partnered with USA Shooting in order to help in their mission of preparing American athletes to win Olympic medals and promote shooting sports throughout the United States…

Congress Renews Preferential Trade Pacts

The U.S. Senate has approved a bill to extend for one year the the Generalized System of Preferences and the Andean Trade Preference Act, as amended by the Andean Trade Promotion and Drug Eradication Act. President Obama is expected to sign the bill, whic