Brazil has replaced China as the most desirable country for global retail expansion, according to the latest Global Retail Development Index (GRDI) published by A.T. Kearny. Brazil rose from fifth place, while China fell to sixth place and Uruguay, Chile,
Category: Sports/Fitness
Portland, OR Plants Another Flag in Outdoor Apparel and Footwear Industry
Portland, OR took another step toward securing its place as a leading hub in the outdoor apparel and footwear industry last week with it announcement that it is underwriting a grant program to help local companies advance their sustainable business practi
Boxercraft Appoints CEO
Boxercraft Incorporated, a supplier of spiritwear, campus apparel, and licensed collegiate apparel based in Atlanta, announced the election of Charles A. Sutlief as the company's new chief executive officer…
Respect Your Universe Appoints Erick Siffert as COO
Respect Your Universe, the MMA brand, appointed Erick Siffert as chief operating officer effective June 7th, 2011. Siffert previously served as director of product operations at lululemon athletica…
Ski Barn joins SMC
Snowsports Merchandising Corporation (SMC), the buying group of specialty ski and snowboard shops in the wintersports industry is pleased to announce Ski Barn has joined the group…
VF Corp. to Acquire The Timberland Co. in $2B Deal
VF Corporation and The Timberland Company today jointly announced that they have signed a definitive merger agreement. VF will pay Timberland shareholders $43 per share, representing a total enterprise value of approximately $2 billion net of cash acquire
Fireman Capital Partners Invests in Newton Running
Paul Fireman, the Founding CEO of Reebok International, and his company Fireman Capital Partners, returned to the business of high performance athletic shoes with a “significant investment” in Newton Running Co., a manufacturer of natural running footwear
FFANY, Investor Conferences Provide Forward Look at Product, Margins and Strategy
Minimalism. During a week of sweltering temperatures that made New York City feel more like the Deep South rather than the Northeast, that one word — minimalism — was uttered more frequently by more brands to describe direction for Spring 2012 than any on
Lids Sports Group Acquires Buckeye Corner Stores
Lids Sports Group has acquired Buckeye Corner stores, which operates in the Columbus, OH area. The acquisition is made up of four store locations, an e-commerce website, and a catalog business. Terms of the deal were not disclosed…
Lululemon’s Q1 Earnings Soar on 16 Percent Comp Gain
Lululemon Athletica Inc. reported revenues jumped 35.1 percent in the first quarter ended May 1, to $186.8 million. Comps increased 16 percent on a constant dollar basis. Earnings catapulted 70.4 percent to $33.4 million, or 46 cents a share, from $19.6 m
Novascarpa to Drop Most of Chung Shi Line
Novascarpa Group LLC, formerly Ryn USA, announced that it will drop most of the chung shi line…
NRA Continues Fight for Intervenor Status in Wolf Delisting Challenge
The National Rifle Association and Safari Club International (SCI) said they will move for reconsideration after being denied intervenor status last week by the Montana Federal District Court in a new challenge to the wolf delisting contained in the conti
NSGA Participation Report: Only 12 Sports Have Positive Trends Since ’06
The National Sporting Goods Association (NSGA) recently released its annual Sports Participation in 2010 survey results. The annual survey includes data on 47 sports in two series, and participation is based upon those aged 7 or older who participated in
Nike Media Director Joins Canadian Olympic Committee
Derek Kent, formerly the US media relations director of Nike Inc., was appointed executive director, corporate and brand communications for the Canadian Olympic Committee…
Footbalance Appoints New NA President and Managing Director
Footbalance, the maker of custom-molded insoles, announced that Matt Kaplan was appointed its president and managing director for its North American subsidiary. Kaplan most recently served as vice president and business director for Suunto North America..
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