China’s PPI Up 6.1% in January

The Chinese government reported that the Producers’ Price Index (PPI) for manufactured goods rose by 6.1% in January over the same month last year. Purchasing prices for raw material, fuels and power rose by 8.9%, according to the National Bureau of Stati

Stonefly Partners with Etonic on Walking Line

Stonefly S.p.A. has entered into an agreement with Etonic Worldwide LLC for the sales and distribution of its line of comfort footwear in the U.S. market. In addition, the two companies are planning to develop a line of casual walking products under the

Quick-release Axle Under Attack in N.J.

The board of directors for the National Bicycle Dealers Association Board has voted to spend another $7,500 to defend the widely used quick-release axle. A bill in the N.J. legislature would ban the components in the wake of injuries incurred by children

Head Sees Weak Snow Sales Lead to 2007 Net Loss

Head N.V. saw global net revenues decrease 11.4% to €109.2 million ($158.2 mm) for the fourth quarter leading to a decrease of 78.8% for net income to €0.7 million ($1.0 mm). The company saw a 19.3% decline in Winter Sports sales offset mid-singles gains

Puma Taps Chalayan as Creative Director

PUMA has appointed Hussein Chalayan as the creative director for PUMA with immediate effect, responsible for designing, creating and developing the sport fashion collections of the brand. PUMA also acquired a majority stake in Chalayan's London-based

Selle Royal Completes crankbrothers Merger

Italian saddle and accesories maker Selle Royal S.p.A. has completed its merger with peddal maker crankbrothers, inc. This deal added crankbrothers to Selle Royal’s group of premium cycling companies which include fi’zi:k, Brooks, and Selle Royal. Crankbr

Deckers Posts 56.2% Q4 Sales Jump

Deckers Outdoor Corporation saw fourth quarter net sales increase 56.2% to $194.2 million versus $124.4 million last year. UGG Brand net sales for the fourth quarter increased 61.8% to $177.7 million, while Teva Brand net sales increased 6.8% to $13.9 mil

Warnaco Sees Swimwear Sales Drop in Q4

The Warnaco Group, Inc. reported fourth quarter net revenues rose 6% to $473.0 million from $447.6 million in the prior year period. Sportswear Group revenues increased 10% to $245.7 million from $223.3 million in the prior year quarter, while Swimwear Gr

Prince Sports Acquires Viking Athletics

Prince Sports, Inc. plans to acquire the platform tennis brand, Viking Athletics. Details of the deal are not yet finalized. The Viking brand will be managed by Scott Winters, VP of Small Court Sports at Prince who is responsible for the strong growth and