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Pacific Brands Restructures As H1 Sales Down 2.9%

Pacific Brands is implementing a new strategy – Pacific Brands 2010 – in which it will discontinue some of its smaller labels and brands to reduce complexity and cost and divest some non-core businesses and facilities, some as going concerns. These change

Hanesbrands Revises Earnings Growth Forecast

Hanesbrands Inc., the parent of Champion and Duafold, said it does not expect to achieve its earnings target in 2009 and that it its amending its credit facility. The company predicted low to mid-teen percentage unit volume declines in early 2009 amid low

Report: JJB to Close 46 Lifestyle Stores

Reports out of the U.K. have KPMG, which was named administrator of JJB's lifestyle Original Shoe Company and Qube stores, closing 46 of the 77 door in operation. This move will in turn cause 438 positions to become unnecessary for the retailers…

Suunto Names Sales Rep of the Year

Suunto has named Kevin Hirsh as their North American Sales Rep of the Year for 2008. Hirsh, of FHB Sales, covers Northern California and Northern Nevada and has been working with Suunto for over a year and a half…

Somnio Running Names Denny, ink. PR Agency of Record

Customizable running shoe company Somnio has named communications firm Denny, ink. as its public relations agency of record. Denny, ink. will oversee all public relations initiatives for the Santa Cruz-based shoe company. Effective immediately, Denny, ink

Asics Lowers Guidance Despite Solid Q3

Asics Corp. reported third quarter net sales of ¥60.42 billion ($628.9 mm), increasing 5.5% from net sales of ¥57.27 billion ($506.3 mm) last year. The company saw growth in both footwear and apparel more than offset a slight decline in equipment sales, b

McDavid Partners with Inside Lacrosse

McDavid Sports Medicine has partnered with Inside Lacrosse as part of an effort to increase its presence within the lacrosse market. The arrangement with Inside Lacrosse gives McDavid’s HexPad collection of protective apparel an on-field presence at some

Sports Direct Reiterates Full Year Guidance

Sports Direct International Plc. forecast full-year earnings in line with guidance as it reported a 12% increase in third-quarter sales. The U.K.-based company, which owns the Sports World and Lillywhites stores as well as brands such as Slazenger, Lonsd

Joe’s Sports Temporarily Lays Off Half of Warehouse Workforce

Joe's Sports, Outdoor & More will temporarily lay off half the work force at its Wilsonville, OR distribution center, reported The Oregonian. Employees were told this week that the warehouse, which distributes to all 31 of the chain's stores, wo

The Finish Line Tests New Urban Concept

The Finish Line Inc. plans to test a new concept called Decibel that eventually could replace its Man Alive chain, according to the Indianapolis Business Journal. The retailer is rebranding four Man Alive stores for an April launch and is remerchandising

Life Fitness Opens New Retail Store in United Arab Emirates

Life Fitness has opened a company branded store in Dubai located in the United Arab Emirates (UAE). The store is the first of its kind in UAE to sell Life Fitness equipment exclusively, and is designed to be inviting and approachable to encourage customer

Timberland Opens SoHo Location

Timberland will open a new brand store on lower Broadway in New York City’s SoHo district on Friday, Feb. 13, 2009. The new 2,000 square foot Timberland store is located at 474 Broadway, between Broome and Grand Streets, and incorporates salvaged industri

City Sports Opens Flagship in Manhattan

City Sports announced the opening of a high-profile flagship store in the heart of Manhattan at Rockefeller Center, 64 West 48th Street, between 5th and 6th Avenues. The retailer said the opening underscores “the company's growth strategy and commitm

Insider Trading Charges Settled in DSG/Galyan’s Case

The U.S. Securities and Exchange Commission settled an insider trading case against four individuals, including the former vice president of real estate at Dick's Sporting Goods Inc., related to DSG's acquisition of Galyan's Trading Company

Adrenalina Launches Board Fight at Pacific Sunwear

Adrenalina, which has made multiple bids to acquire rival Pacific Sunwear of California, has nominated a four-member slate to PacSun's board and called for the resignation of PacSun's CEO…