Heelys Extracts $1.4M and Licensing Deal in Settlement…

Heelys, Inc. has agreed to settle its patent and trademark infringement dispute with Elan-Polo, Inc. for $1.4 million. Heelys also reached a licensed agreement with Elan-Polo to sell certain wheeled sneakers. Under terms of the settlement, Elan-Polo will

Connecticut Retailer Blazing New Trail in New Haven

Connecticut retailer Trailblazer is living up to its name by splitting its 9,000-square-foot store in downtown New Haven into three smaller specialty shops that will focus on its two most popular categories, action sports and the traditional outdoor sport

B.O.S.S. Goes One-On-One with Grassroots’ Dave Matz

Dave Matz, president of Grassroots Outdoor Alliance, attended ispo china winter 08. In the following interview, we asked him about his impressions of the outdoor industry in China, where he addressed dozens of members of the Chinese Outdoor Retailers Asso

NGF: January Rounds Played Slump 4.3%

The National Golf Foundation reports that rounds played for the month of January decreased 4.3% for th month, compared to the same period last year. The group noted that this downturn does not necessarily bode poorly for the year ahead as January typicall

Steven Madden CEO Resigns

Steven Madden Ltd.'s chairman and chief executive, Jamieson Karson, has resigned. The company said Edward Rosenfeld, executive vice president of strategic planning and finance, has been named interim chief executive…

Nike Reports 15.7% Third Quarter Revenue Increase

Nike, Inc. posted a strong fiscal third quarter as sales jumped 15.7% to $4.54 billion for the period ended February 29, 2008 from $3.93 billion for the same period last year. Changes in currency exchange rates increased revenue growth by 6 percentage poi

Li Ning Sales Rise 36% on Strong Chinese Demand

Li Ning Group Limited, one of the leading sports brand enterprises in China, said revenue grew by 36.7% to RMB4.35 billion ($572mm) for the year ended Dec. 31. The company's LI-NING branded products saw sales surge 34.0% to RMB4.24 billion ($558mm).

Reebok Pays $1MM Fine for Lead Jewelry

Reebok International will pay a record $1 million civil penalty to settle allegations that it imported and distributed charm bracelets that contained toxic levels of lead, the U.S. Consumer Product Safety Commission said. The agency said in March 2006, a

Washington Bicyclists Team with German Embassy

Just weeks after cycle advocates made their annual pilgrimage to Washington D.C. to lobby Congress for greater support of cycling, the Washington Area Bicyclist Association (WABA) announced it had found government support of another sort. WABA said it has

City of Chicago Adopts Bicycle Safety Ordinance…

The Chicago City Council passed an ordinance Wednesday that allows the city to fine motorists from $150 to $500 for endangering cyclists. The new fines would apply to motorists caught parking or otherwise obstructing a bike lane, turning left or right in

A Look Inside the GSCO/FINL Settlement…

At the beginning of its quarterly conference call with analysts, Genesco chairman and CEO Hal Pennington provided an overview of the details of the settlement with The Finish Line and UBS. While the settlement calls for GCO to receive a cash payment of $

Pacific Sunwear’s Q4 Net Sinks 33.9%

Pacific Sunwear of California, Inc. reported sales from continuing operations for the fourth quarter decreased 7.8% to $420.1 million from $455.8 million. Same-store sales decreased 2.2%. By concept, PacSun same-store sales increased 2.1% and demo same-st

City Sports Acquired by PE Firm; Hanaka Takes Board Seat

City Sports has been acquired by Highland Consumer Fund, with the firm also supplying City Sports with a substantial growth equity investment. The move will enable City Sports to further invest in its growth strategy and enhance its leadership position in