SGB Executive Outdoor
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
Skechers Opens First Store in Ireland
Skechers USA, Inc. opened the first Skechers-branded retail store in Ireland. The new store in Dublin are part of a program to bring the total number of Skechers stores by early 2011 to more than 400 worldwide…
Yue Yuen’s October Revenues Climb 31%
Yue Yuen Industrial Holdings Ltd.'s operating revenue in October grew 31% to $532.2 million from $405.92 million a year ago…
Ironclad Q3 Sales Sip 6% on Lower Int’l Orders, Promotions
Ironclad Performance Wear Corporation reported net sales for the third quarter ended Sept. 30 were $3.38 million, a decrease of 6.0% from the third quarter of 2009 of $3.60 million. The company said the decrease is primarily the result of lower internatio
CIT: Retailers Boosting Staff, Inventory and Advertising for Holidays
More than half (57%) of retailers expect to stock more inventory, more than two thirds (69%) say they will advertise more aggressively and nearly three quarters (72%) expect they will discount more this holiday season than in 2009, according to the second
