Nike Faces Protests in Indonesia

Nike, Inc. found itself the focus of protests in Jakarta, Indonesia as it planned to end shoe production at two factories there, according to various reports coming out of the region. Nike said it decided to cut production due to product from the factorie

REI Completes Phase One of Boulder Store

REI's Boulder, CO prototype store has reached the second phase in its expansion and renovation. Upon completion, the store will serve as a working laboratory to analyze new retail concepts and the performance of green building features. REI will oper

RECALL: Thule Bicycle Racks

In voluntary cooperation with federal authorities, Thule, Inc. of Seymour, Connecticut has issued a recall of a number of its discontinued hitch-style bicycle racks. Thule has determined that a pinch point exists between the bike arm bracket and the uprig

Nike to Cut Orders from Indonesian Factories

According to published reports, several Indonesian factories that produce Nike products may need to eliminate up to 14,000 jobs because of reduced orders from the Portland-based footwear company. Nike is actually ramping up manufacturing in Indonesia, but

Big 5’s Eleven Year Comps Run Comes to an End…

Big 5 Sporting Goods said same-store sales declined 0.2% for the fiscal 2007 second quarter, representing its first quarterly decrease in comp store sales in over eleven years. Net Q2 sales increased 2.9% to $217.8 million from $211.8 million. The compa

American Skiing Company Sells The Canyons for $100 Million

American Skiing Company entered into a definitive agreement to sell The Canyons resort, located near Park City, Utah, to Talisker Canyons Finance Co. LLC, an affiliate of Talisker Corporation, for $100.0 million in cash. The transaction is not expected to

Jansport President Corvino Killed in Car Accident…

Michael Corvino, president of JanSport, was killed Saturday in a car accident. Corvino, who was 46 years old, died when he lost control of the 1970 Dodge Charger he was driving, veering off the road and hitting a tree, according to a California Highway P

Everlast Signs International Boxing License

Everlast Worldwide Inc. signed a worldwide license agreement with The International Boxing Association (AIBA) to be an official licensee for competition gloves and headgear. This four year agreement will allow Everlast gloves and headgear to be used aroun

Nike Hires New U.S. Brand Manager

Nike hired Ken Dice as vice president of USA brand management. Most recently, Ken held the position of EVP of marketing for Discovery Communications. For the last three and a half years, he led the marketing teams for The Discovery Channel, The Learning C