SGB Executive Outdoor
Report: Asics to Introduce Lower-Priced Running Shoes
Asics Corp. plans to bring in more lower-priced running shoes as part of its plan to almost double sales in five years, according to a report in Bloomberg News…
Phillips-Van Heusen Inks NFL Sponsorship
Phillips-Van Heusen Corporation entered into a sponsorship agreement with the National Football League for its Van Heusen brand, launching Thanksgiving weekend. The sponsorship comes on the heels of a first-of-its-kind multi-year sponsorship of the Pro Fo
J. Crew Sold to Buyout Groups
J.Crew inked an acquisition deal with TPG Capital and Leonard Green & Partners L.P. valued at $3 billion. Millard Drexler will continue as Chairman and CEO and maintain a significant equity investment in J.Crew…
Moving Comfort Names Manager for Bra Line
Moving Comfort hired Heather Cvitkovic as senior product line manager of sports bras and apparel. She joins the company from Columbia Sportswear, where she most recently served as key account sales manager for REI and Amazon. Moving Comfort estimates its
Nike Increases Dividend by 15%
Nike, Inc.'s board of directors increased the company's quarterly cash dividend by 15% to 31 cents per share. The new dividend is payable on Dec. 30 to shareholders of record at the close of business on Dec. 6…
Ibex Hires New Sales and Production Managers
Ibex has hired Jeff Busic as vice president of sales and Chris Leyes as global production manager…
NSGA Names Hammond Director of Marketing and Communications
Bruce Hammond, a marketing and communications veteran with experience in the not-for-profit sector, has been named NSGA director of marketing & communications. He will start November 29…
Johnson Outdoors Lowers Borrowing Costs
Johnson Outdoors Inc. has amended its credit agreements and, as a result, expects to reduce Fiscal Year 2011 borrowing costs by more than 15% compared to Fiscal Year 2010. The new agreements relax restrictions regarding what acquisitions the company can m
China’s Exceed Co. Posts 26% Revenue Gain in Q3
Exceed Company Ltd., which owns the “Xidelong” sportswear brand of China, reported revenue rose 25.8% to RMB832.4 million (US$124.4 million) in the third quarter ended Sept. 30. The company said it was able to raise prices thanks to heavier advertising an
Reebok Sued Over EasyTone’s Claims
A lawsuit filed in Boston's federal court asserts that Reebok made false claims about the fitness benefits of its EasyTone shoes. A Reebok statement defended both the technology and the performance of the product…
Team Express Becomes Exclusive Provider to Eteamz.com
Active Network named Team Express, a distributor of sporting goods, apparel and footwear, as the exclusive provider of team uniforms and sports equipment for users of Active Network's media property, http://www.eteamz.com…
Aldila Agrees to Acquire Victory Archery
Aldila, Inc., the golf equipment company, signed a non-binding letter of intent to acquire the assets of the Victory arrow business from Miramar Strategic Ventures, LLC in a cash and stock transaction targeted to close by Dec. 31, 2010…
Nordstrom Rack to Open in Orange, CA
Nordstrom, Inc. announced plans to open a new Nordstrom Rack in Orange, CA…
DT Swiss Opens Polish Factory
DT Swiss opened its new factory in Poland to meet demand for wheels it designs and develops in Switzerland. The plant, which employs 110, has begun production. The factory and an adjoining European Service Center span 5,000 square meters…
WalMart Ups Free Shipping Ante
Walmart is offering free shipping to residences on nearly 60,000 holiday items — with no minimum purchase requirement or subscription fees — now through Dec. 20 at Walmart.com. The announcement was the latest volley in an escalating market share battle be
