Leon A. Gorman, chairman of the board of L.L. Bean, Inc., will be awarded The Bowdoin Prize, the highest honor the Bowdoin College bestows upon one of its members. Gorman was a member of the Bowdoin College Class of 1956, and trustee emeritus of the Colle
Category: Sports/Fitness
Former Zoot CEO Joins Active Network
The Active Network, Inc. hired Brian Enge, former CEO of Zoot Sports, as vice president of strategic projects for all corporate endeavors…
Small Business Bill Approved in House, Headed to Obama
The Small Business Lending Fund Act of 2010 is headed to President Obama for signing after being passed Thursday in the U.S. House of Representatives. The legislation provides a host of tax incentives and federal grant money aimed at spurring small busine
Finish Line’s Continuing Profits Jump 43% in Second Quarter
The Finish Line, Inc. reported earnings from continuing operations jumped 43% in its second quarter ended Aug. 28, to $16.8 million, or 31 cents a share, from $11.8 million, or 21 cents, a year ago. Sales increased 0.8% to $301.1 million from $298.7 milli
Conference Board Still Sees Economic Improvement
The Conference Board, a private research group, said its index of leading economic indicators increased 0.3% last month after rising 0.1% in July and undergoing a 0.2% decline in June…
Survey: Triathletes Hooked on the Sport
According to a survey by The Active Network, Inc., over 90% of triathletes plan to participate in a triathlon event in 2011 with 32% indicating they plan on participating in five or more triathlons in 2011. The survey also found that regardless of income
U.S. Army Corps of Engineers Expects Thousands to Volunteer Saturday
The U.S. Army Corps of Engineers expects more than 100,000 volunteers to turn out Sept. 25 at 130 of its sites nationwide to participate in this year's 17th annual National Public Lands Day. Activities include clean up, repair, construction, refurbi
Interbike 2011 Show Stirs Mixed Reactions
Putting an end to speculation, Interbike organizers said the 2011 show will be held Aug. 8-12 in Anaheim, CA. The city is slated to play host through 2013…
Under Armour Looking for Fashion Boost in Apparel; Plans for Basketball Launch
While continuing to be rooted in performance and on-the-field product, Under Armour is looking to bring in more fashion to encourage people to wear its apparel for more casual purposes…
Collective Brands, Inc. Sees Slow Turnaround for Payless
Collective Brands Inc. (PSS) does not see its Payless business rebounding anytime soon in lower-income urban neighborhoods due to high unemployment, CEO Matt Rubel told analysts at the Goldman Sachs Retail Conference last week…
Canadian Tire Shuffles Team
As part of a previously announced management realignment, Canadian Tire will record a one-time pre-tax charge of approximately CN$15 million in fiscal Q3 for severance costs associated with the departure of some senior managers and employees The flow thro
TORSPO Hockey Appoints Director of Pro Services
Torspo Hockey International, Inc. appointed Jason of “Bear” Berrett of Denver as director of pro services…
Nike NYC Flagship Hit by Bedbugs
Niketown on 57th Ave. became the latest New York City store to be infested with bedbugs. Store windows on Friday were covered with brown paper with the notice “temporarily closed until further notice.”…
Suunto to Sponsor XTERRA America Tour
Suunto USA has been chosen by the XTERRA America Tour as the official timing sponsorship of the four remaining main events of the season…
The North Face Signs Action Sports Athletes
The North Face announced skiers Tom Wallisch, Nick Martini and Mike Riddle, and snowboarder Kaitlyn Farrington have joined its athlete sponsors team. The North Face has a team of more than 60 professional global athletes which includes snowboarders, skier