Crocs CEO Responds to Negative Media Reports

A story published in the Washington Post that raised questions about Crocs, Inc.'s health has prompted Crocs President and CEO John Duerden to post a blog on the company's website to reassure customers and investors of the company's viabili

Victoria’s Secret Expands PINK Collegiate Collection

Victoria's Secret's PINK Collegiate Collection has been expanded to more than 50 colleges and universities. VS PINK launched its co-branded Collegiate Collection in July 2008, which features VS PINK's brand iconography and the names and log

SGB Publishes 2009 Top 100 Retailers Report

The SGB Retail Top 100 list has had its years of change in the past – due mostly to mergers and acquisitions of late – but this year marks the exit of one iconic retailer in 2008 and another that saw its last entry in 2009. The turmoil of the last year h

Dept. of Education Awards $78 Million in PEP Grants…

The Department of Education announced the recipients of $78 million in Carol M. White Physical Education Program (PEP) grants. New PEP grants totaling $26.5 million will be distributed to more than 140 school districts and community based organizations ac

Riddell Inc. to Face Jury Trial in Heat Stroke Case

A federal judge in Ohio last Monday concluded that Riddell Inc. had a duty to warn former Minnesota Vikings offensive lineman Korey Stringer that its helmets and shoulder pads could contribute to heat stroke when used in hot conditions. Stringer died nea

L.L. Bean Reduces New Store Plans for 2009

L.L. Bean plans to open only one store this year rather than the anticipated eight. A plan to offer voluntary retirement incentives to some employees was also recently announced. According to reports, the company still has a goal of having 32 stores in op

Dorel Acquires Iron Horse

Dorel Industries Inc. has acquired certain assets of Iron Horse Bicycles, including inventory, various trademarks and trade names, as well as the “Iron Horse” brand, in a transaction valued at US$5.2 million. The assets were bought in a bankruptcy auction

Callaway Golf Lowers Guidance for the Year

Callaway Golf Co. said its preliminary financial results show its second-quarter per share profit fell sharply on weaker sales, prompting the company to lower its guidance for the rest of the year…