Nike and Mike Ashley in Talks Over Umbro Buyout

Nike is in talks with Mike Ashley, the founder of U.K. sporting goods retailer Sports Direct, regarding its pending acquisition of Umbro, the Financial Times reported. A spokesperson for Ashley said that he is not opposed “in principle” to Nike's buy

Heelys Hires Edelman as PR Agency-of-Record

Heelys, Inc. has named Edelman as its public relations agency-of-record. Edelman’s Dallas office will be responsible for extending Heelys brand recognition in the youth wheeled footwear, footwear, apparel, and accessories markets…

NSSF Ranks Economic Impact of Hunting and Fishing

A ranking of states in categories including total number of hunters and anglers, spending by sportsmen, jobs supported, taxes generated, number of days spent hunting and fishing and the most traveled to states by hunters and anglers has been released. Nat

REI Selects Creative and Media Buying Agencies

Recreational Equipment, Inc has awarded its national creative advertising and media buying accounts to BBDO Atlanta and Prometheus Media Services respectively. The company completed its nearly two-month closed agency review process earlier this week. The

One Percent for the Planet Auction Raises $20,000

One Percent for the Planet raised close to $20,000 on their first online auction. The online auction offered over 100 items of varied merchandise including a surf session for two with Patagonia Founder Yvon Chouinard and Chris Malloy, a signed guitar from

Outdoor Retailer Launches Webinar Series

Outdoor Retailer will launch a series of webinars beginning Jan. 8, at 2:00 p.m. ET, with a 45-minute webcast co-sponsored by Cotton Incorporated called, “Cotton’s Environmental Impact: Debunking the Myths.” Featuring Kater Hake, vice president of agricu

TJX Settles with Banks Over Stolen Credit Card Information

The TJX Companies, Inc. has entered into a settlement agreement with all but one of the seven banks and bankers associations that sued TJX in a putative class action as a result of the intrusion into TJX’s computer system. Under the agreement, the Massach

VF Reaffirms Guidance for Q4

VF Corporation reaffirmed its guidance for record fourth quarter revenues and earnings, which were initially provided on October 18, 2007…

Nike Q2 Sales Jump 14%; Futures Orders Up 13%

Nike, Inc. reported 14% revenue growth for the second quarter ended November 30, to $4.3 billion, compared to $3.8 billion for the same period last year. FX rates boosted revenue growth by 4 percentage points. Second quarter net income grew 10% to $359.4

Sports Direct Reports 73% Profit Drop

Sports Direct, the U.K. discount sporting goods chain, reported a 73% drop in pre-tax profits in the first half of the year, to £20.1 million. Revenues were down 7.1% to £668.1 million from £719.1 million. The decline was blamed on dismal summer weather,

True Temper Division Partners with Miura Golf

True Tempers' elite Tour Concept club maker network has formed an alliance with the premier component head manufacturer, Miura Golf, and its' network of specialty fitters. This affiliation is expected to elevate the custom fitting programs for b