Total Apparel Group, Inc., a master distributor and licensee of international trademarks in the branded apparel, footwear and accessories sectors, entered into a receivables factoring agreement with Coral Capital Solutions that will expedite the cash flow
Category: Sports/Fitness
Brown Shoe’s Earnings Rise, Famous Footwear’s Comps Up 4.7%
Brown Shoe Co. reported net sales decreased 1% in the third quarter to $625.6 million from $631.7 million a year ago. Same-store sales for Famous Footwear increased 4.7% during the quarter and Specialty Retail same-store sales increased 4.1%…
ComScore Forecasts 3% Growth in Holiday Online Spending
ComScore reported e-commerce spending for the first 22 days of the November – December 2009 holiday season were $8.21 billion, marking a 2% increase versus the corresponding days last year…
NSGA Study: Female Fitness Participation Grows
Among the 39 sports surveyed by the National Sporting Goods Association (NSGA), exercise walking, swimming and exercising with equipment attracted the greatest number of female participants seven years of age and older in 2008, according to data in the As
Zumiez Third Quarter Comps Down 8%; New Stores Boost Revenues
Zumiez, Inc. reported comps slipped 8% in the third fiscal quarter of 2009 but new stores drove revenues to minimal growth. Sequentially, management said sales trends were promising as the back-to-school quarter resulted in same-store sales that were bett
Orange 21’s Q3 Sales Fall 27%; Posts Loss…
Orange 21 Inc. reported that consolidated net sales for the three months ended Sept. 30, were $8.8 million compared to net sales of $12.0 million a year ago. The company incurred a net loss of $1.1 million for the quarter compared to net income of $6,000
Gordini USA Expands Global Ski Team
Gordini USA said top ranked pro skiers Lynsey Dyer and Eric Hjorleifson have joined its global ski team for 2010/2011….
Adidas Ends Manufacturing Relationship with Philippine Firm
Adidas Group said had decided to end its business relationship with SS Venture Inc, a Philippine-based manufacturer of vulcanized footwear, according to The Philippine Star…
Pheasants Forever Adds Conservation Program Experts in North Dakota
Pheasants Forever is expanding its Farm Bill Biologist program in North Dakota with the addition of two new positions created in partnership with the U.S. Department of Agriculture’s Natural Resources Conservation Service (NRCS) and local Soil Conse
Timberland Names VP, North America Wholesale Sales
The Timberland Co. promoted Mike Noonan to VP of North America wholesale sales. In this role, he will lead the sales operations for Timberland's wholesale customers throughout North America. Departments reporting to Noonan will include field sales –
Son Replaces Father as CEO at CytoSport
Michael Pickett is replacing his father Greg Pickett as president and CEO at the sports nutrition company Cytosport. Greg Pickett, who led the company with Michael Pickett since its inception, will remain the chairman of the board of directors. Michael Pi
Hibbett’s Q3 Earnings Rise 15%; Comps Dip 0.2%
Hibbett Sports, Inc.'s sales increased 4.1% for the 13-week period ended Oct. 31, to $145.9 million compared with $140.1 million a year ago. Comps decreased 0.2%. Net income advanced 14.7% to $8.8 million, or 30 cents a share, from $7.7 million, or 2
Golf Equipment Counterfeiters Sentenced to Prison in China
According to a press release from Nike, eight people in China have been sentenced to jail and fined after being convicted of counterfeiting registered trademarks, as well as manufacturing, distributing and selling counterfeit golf equipment…
Nike Tops Annual Climate Action Scores
Nike has topped Climate Counts' third annual corporate climate performance scorecard with 83 points (out of a possible 100) for the second year in a row. Stoneyfield Farm followed closely with 81 points. Unilever received 80 points. The climate perfo
Pou Sheng Expects FY09 Loss
Pou Sheng International (Holdings) Ltd., the retail arm of footwear maker Yue Yuen Industrial (Holdings) Ltd., said it expects to swing to a net loss in the fiscal year ended Sept. 30. The company attributed the net loss to narrower profit margins on Conv
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