Perry Ellis International saw swimwear revenues climb 15% in the first quarter, driven by Jantzen, Nike Swim, Perry Ellis Swim, and Jag. Gross margins improved by over 200 basis points. Management said Nike's growth was driven by men's, women&#
Category: Sports/Fitness
Lawsuit Over Metal Bat Ban Incident
The family of a boy in Wayne, NJ, who suffered brain damage after he was struck by a line drive hit off an aluminum baseball bat, has sued the bat's maker, Hillerich & Bradsby Co.; the bat seller, The Sports Authority; and Little League Baseball…
Shimano Rides Cycling to Strong Sales Increase in Q1
Shimano Inc. said net sales at its cycling business rose by ¥7.8 billion ($7.4 mm), or 22%, to ¥43.3 billion ($411 mm) in the first quarter ended March 31. Fishing tackle net sales, however, dipped by ¥142 million ($1.4 mm), or 1.2%, to ¥11.4 billion ($10
NSGA: Athletic Footwear Tallies $17.4 Billion in 2007
Retail sales of athletic footwear have surpassed the $17 billion mark for the first time, reaching $17.4 billion, an increase of 2.7% versus 2006, when sales were $16.9 billion, according to the National Sporting Goods Association’s just-released “Sportin
Nike, NoVo Launch $100M Grant to Help Girls
The Nike Foundation will partner with the NoVo Foundation on a $100 million grant aimed at helping adolescent girls in developing countries. Peter and Jennifer Buffett run the nonprofit NoVo foundation. Peter Buffett is the son of billionaire investor War
Granite Teams with Retailers to Donate Gear
Granite Gear partnered with retailers Midwest Mountaineering and Rutabaga to donate 20 Portage Packs to Big City Mountaineers for use in its summer paddling programs for urban teens from low-income families…
National Geographic To Give TOGAS at OR
National Geographic will be throwing a TOGA party at OR this August. The map and software maker began soliciting online applications Thursday for its first annual Outdoor Geographic Awareness Award, or TOGA, which will be presented at OR in Salt Lake in A
Women’s Coalition Launches Networking Site
The Outdoor Industries Women’s Coalition (OIWC) has launched their Online Membership Community at www.oiwc.org. The site is designed to provide OIWC members with enhanced networking opportunities with the group's 1,100 members, who work in the outdoo
Under Armour Title Sponsors HS Baseball Classic
Under Armour agreed to title sponsor the 2008 Under Armour All-America Baseball game, formerly called the Cape Cod High School Baseball Classic presented by Under Armour. The game will be played at Wrigley Field on Sunday, August 17…
Foot Locker Amends Credit Line
Foot Locker, Inc. entered into an amended credit agreement with its banks, providing for a $175 million revolving credit facility and extending the maturity date to May 16, 2011, according to a filing with the SEC. The credit agreement also provides for a
Wellman Raises Fortel Polyester Prices
Wellman, Inc. said rising oil prices were forcing it to raise the price of its Fortrel polyseter staple fiber by 4 cents per pound effective with June 2, 2008 shipments. The price increase marks the seventh since April 2007. Wellman has raised Fortrel pri
Gander Opens Stores in Minnesota and Florida
Gander Mountain opened its newest stores in Eau Claire, Minn. and Ocala, FL. Tuesday and will celebrate grand openings for both large format stores May 30…
Famous Footwear Workforce Largely Stays Behind…
About 60 of Famous Footwear's 270 employees in Madison, WI, have committed to relocating to St. Louis or otherwise taking jobs with the company, a Brown Shoe Co. spokeswomen told Sports Executive Weekly. For example, some have agreed to take jobs in
Forefront Q1 Loss Widens…
Forefront Holdings saw net sales decline 20.6% to $8.1 million from $10.1 million for the year-ago first quarter. Sales decreased in all product segments except for OEM/Internet and NFL…
Report: Nike to Replace Adidas as Yankees Sponsor
According to the Sports Business Journal, Nike and the New York Yankees have agreed in principle to a five-year sponsorship agreement to begin in 2009, the team’s first in the new Yankee Stadium. Adidas has been sponsoring the Yankees for the last 11 year
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