Genesco Q2 Shows Some Recovery

Aided by better-than-expected sales across banners, Genesco Inc. reported second-quarter earnings that easily exceeded Wall Street’s targets. On a conference call with analysts, Bob Dennis, chairman, president and CEO, said the healthy top-line grow

RECALL: 23,000 Cannondale Mountain Bikes

Dorel Sports' Cycling Sports Group of Wilton, CT, is recalling about 23,000 Cannondale mountain bikes because their OPI stem and steering tube assemblies can fail and pose a risk of injury…

Precor to Produce Spinner Cycles

Precor will manufacture a new line of commercial Spinner indoor cycling equipment through an exclusive, worldwide distribution agreement with Mad Dogg Athletics Inc….

Finish Line Seeks to Expand Headquarters

The Finish Line Inc. plans to spend $1.3 million to add new equipment and create 100 jobs at its Indianapolis headquarters and distribution facility, according to Indiana Business Journal. The company disclosed the tax-abatement request the city released

OBIT: L.L.Bean’s Leon Gorman

Leon Gorman, the 80-year old grandson of L.L.Bean and longtime CEO of the company, died Thursday at his home in Yarmouth, ME. He was president and CEO from 1967 to 2001, chairman from 2001 to 2013, and chairman emeritus from 2013 until his death…

Shock Doctor/McDavid Form United Sports Brands

Shock Doctor Sports and McDavid Inc. unveiled United Sports Brands as the name of their combined global organization. United Sports Brands will serve as the corporate parent for Shock Doctor, McDavid, Cutters and XO sporting goods brands…