Nike Inc., largely as expected, reported earnings slid 12.1 percent in its first quarter ended Aug. 31 due to lower gross margin, higher SG&A, unfavorable currency translation and an increase in the tax rates. Excluding currency changes, revenues were up
Category: Sports/Fitness
Road Warrior Sports Hires Rocky Mountain Region Sales Rep
Road Warrior Sports, maker of a lightweight, aerodynamic sport trailer, announced that Marc Cutilletta has joined the company as the Rocky Mountain region sales rep…
Sports Direct to Acquire 60 JJB Stores in UK
Sports Direct International Plc will buy 60 stores of JJB Sports, the rival British retailer that announced Monday it was calling in administrators to liquidate its assets after failing to attracting investors…
Vibram USA Named Grassroots Outdoor Alliance Vendor Partner
Vibram USA, Inc., which turned Vibram FiveFingers into a $100 million brand within five years of launching the footwear brand through specialty retailers, has joined Grassroots Outdoor Alliance as a vendor partner…
Wolverine Worldwide Announces Pricing Of Senior Notes
Wolverine Worldwide announced the pricing of its offering of $375 million aggregate principal amount of 6.125 percent senior notes due 2020…
Kids Foot Locker Celebrates Nickelodeon’s Worldwide Day Of Play
Kids Foot Locker is partnering with Nickelodeon for its ninth annual Worldwide Day of Play, held on Saturday, Oct. 6, 2012…
Princeton Tec Praised By U.S. Secretary of Labor
Princeton Tec was praised by U.S. Secretary of Labor Hilda Solis as an example of insourcing and domestic manufacturing during her visit to the company's Bordentown, NJ headquarters…
Moosejaw Expanding Headquarters
Moosejaw has exercised its option to lease an additional 36,878 square feet of space at its headquarters building in Michigan to accommodate its growth…
Oil Prices Could Pressure Synthetic Fiber Suppliers
After a year of synthetic fiber prices remaining relatively stable in the midst of a volatile cotton market, gross margin erosion could become a more significant risk among companies using or producing goods such as nylon and polyester if crude oil prices
Nikwax N.A. Hires Newest Rep Agency
Nikwax North America hired Outdoor Marketing Alliance (OMA) as the company’s newest sales rep agency. The sales specialist and marketing group will support Nikwax in 20 states in the Southeast, South Central and Upper Midwest part of the U.S…
Schuh to Open Kids Stores
Schuh, the U.K. teen footwear chain acquired by Journeys-owner Genesco Inc. in June 2011, is launching Schuh Kids, the brand's first store dedicated to children’s footwear. It will iinitially launch in three locations in Braehead in Scotland, L
Hopkins Resigns as CEO of Cleveland Golf/Srixon
Cleveland Golf/Srixon announced that Greg Hopkins has resigned as CEO of the company, effective immediately…
Ruffwear Names Italian Distributor
Ruffwear, a provider of dog products based in Bend, OR, has appointed Kong as its exclusive distributor in Italy…
ICSC Forecasts 3.0 Percent Rise in Holiday Sales
The International Council of Shopping Centers (ICSC) is forecasting a 3.0% sales increase for the traditional November-December holiday period. Additionally, ICSC anticipates that the other two measures of U.S. industry holiday sales – shopping-center sal
Nike Backs Youth Fitness Initiative
A new report titled “Designed to Move” reveals a growing epidemic of physical inactivity threatening the social and economic prosperity of the world. Presented by Nike, The American College of Sports Medicine, The International Council of Science & Physic
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