Nike’s Q2 Profit Slips 4%; Futures Orders Up 4%

Nike, Inc. reported second quarter revenues decreased 4% for the fiscal 2010 second quarter ended Nov. 30, down from $4.6 billion last year to $4.4 billion in the current year; changes in currency exchange rates had a minimal impact on reported revenue re

Puma Partners with Second City

Puma joined The Second City, the famous comedy theatre and school of improvisation, as the organization celebrated its 50th anniversary at an event in Chicago. Puma also announced the PUMA & The Second City “LOL” Scholarship Program, offering ten scholars

European Optical Titan to Acquire FGX International

FGX International Holdings Limited, which makes Foster Grant, Gargoyles, Ironman, Champion and Body Glove sunglasses, has agreed to be acquired by France's Essilor International for $565 million including debt. If approved, FGX would remain independe

Supreme Court Refuses to Hear Case Against Gun Maker

The U.S. Supreme Court on Monday handed Beretta U.S.A. and the firearms industry another victory by rejecting the Brady Center's appeal of Adames v. Beretta U.S.A. Corporation challenging the constitutionality of the Protection of Lawful Commerce in

QBP Launches Freeride Initiative

QBP is piloting a new initiative focused on supplying bike dealers with freeride components, accessories and apparel for skilled mountain biking. The category includes downhill, slopestyle, dirt jumping, and street riding…

Lead in Logo Prompts Timberland Boot Recall

Timberland recalled about 21,000 pairs of its Classic Scuffproof boots for children because the logo stamped onto the boots' insoles contains excessive levels of lead, violating the federal lead paint standard…

Advanced Sports Acquires Oval Concepts

Advanced Sports, Inc. has purchased the Oval Concepts brand, trademarks, and tooling and has entered into a license agreement for its patented technology. Oval Concepts, based in Switzerland, is well-known for its innovations in handlebars, stems, aero-ba

Sara Lingafelter Joins Waypoint Outdoor

Sara Lingafelter recently joined Waypoint Outdoor as a Field Service Representative. Lingafelter is better known in the outdoor industry as TheClimberGirl on Twitter, and the climber and writer behind RockClimberGirl.com…

Collective Brands Names SVP, Retail

Collective Brands Inc. has named John D. Smith as senior vice president and general manager of retail for Collective Brands' performance and lifestyle group…