Lafuma Swung to Loss in Fiscal 2012

Lafuma Group reported that it lost €15.2 million ($19.7m) in the year ended Sept. 30, compared to net income of €3.9m last year, due in large part to a write down of goodwill on the Oxbow surf brand…

Li-Ning Becomes an Official Partner of the Miami Heat

Li-Ning Company announced it has become an official partner of the NBA Champion Miami Heat, effective immediately. The partnership is part of a comprehensive marketing program to support Wade, a new athletic footwear and apparel collection that Li-Ning re

Colorado Resorts Hit by More Snow

Every resort in Colorado Ski Country received fresh snow over the weekend with those in the Southwest benefitting from some of the top accumulation totals the state has seen so far this season. Wolf Creek amassed 30 inches, Purgatory received 20 inches, S

Sports Direct’s Revenues Jump in First Half

Sports Direct, the U.K. sporting goods chain reported underlying profit before tax increased 26.4 percent in the half ended Oct. 28, to £125.1 million ($203 million). Group revenue jumped 22.5 percent to £1.09 billion ($1.76 billion) with significant grow

Puma’s CEO to Step Down

The Administrative Board of Puma SE announced that, by mutual agreement, Franz Koch will step down from his position as CEO of Puma at the end of March 2013. Along with the resignation as chairman in early December of former long-time CEO Jochen Zeitz, Pu

Phil Knight Donates $1125MM to Cardiovascular Health

The Oregon Health Sciences University (OHSU) Cancer Institute said it received a $125 million gift from Nike co-founder and chairman Phil Knight and his wife, Penney. The gift is believed to be largest philanthropic investment to advance cardiovascular me

Delta Galil Acquires LittleMissMatched

Delta Galil, the manufacturer of branded and private label apparel products, has agreed to acquire the trademarks of LittleMissMatched, best known for its sock line for girls…

Vans Appoints VP of Apparel

Vans appointed Vicki Redding as VP, apparel. Most recently, Redding was SVP, merchandise and design for La Jolla Group, directing the apparel, accessories and footwear business for five different brands including O’Neill, Metal Mulisha, The Berrics,