Rory McIlroy to Leave Acushnet

Acushnet Company, which manufactures the Titleist and FootJoy brands, announced that its relationship with Rory McIlroy will not extend beyond Dec. 31, 2012. The news comes as Nike is reportedly close to signing a mega-deal with the golf star…

Beijing AIC Fines Nike for Having Double Standard

Nike has been fined 4.87 million yuan ($779,700) for deceptive advertising in China, according to the Beijing Administration for Industry and Commerce recently. According to Want China Times, a model of Nike basketball shoes that sell for 1,299 yuan ($208

AAFA: U.S. Footwear Production Rose in 2011

Footwear production increased 7.9 percent in the United States in 2011 despite slightly lower domestic unit sales thanks to growing exports, according to the American Apparel & Footwear Association (AAFA)…

Deckers Outdoor’s Q3 Hit by Weakness at Ugg

Hurt by weaker sales of Ugg due to rising prices and warm weather, Deckers Outdoor Corp reported net sales in the third quarter fell 9.2 percent to $376.4 million compared to $414.4 million for the same period last year. Net earnings slumped 32.3 percent

Iconix Acquires Umbro from Nike

Iconix Brand Group, Inc. signed a definitive agreement to acquire the Umbro brand and related intellectual property assets from Nike, Inc. for $225 million in cash. The transaction is expected to close by the end of the year…

Intersport Corp. to Acquire The Athlete’s Foot

Global Franchise Group, LLC said it reached an agreement to sell The Athletes Foot (TAF) to Intersport International Corp. (IIC). TAF currently has 430 franchisee-owned stores in 27 countries, including the U.S., Mexico, Peru, the United Arab Emirates, Ku

Rocky Brands Sees Modest Q3 Revenue Gain

Rocky Brands, Inc. reported net income in the third quarter nudged ahead to $5.4 million, or 72 cents a share, from $5.2 million, or 70 cents, a year ago. Sales gained 2.1 percent to $72.5 million from $71.0 million a year ago…