Shimano’s Q1 Profits Soar as Cheap Yen Boosts Sales
Shimano Inc. of Japan reported better than expect financial results for the first quarter thanks in part to the cheaper yen and brisk sales of bicycles…
Adidas Extends Partnership with FC Bayern Munich
Adidas AG extended its kit deal with the professional soccer team Bayern Munich FC for an additional 10 years…
West Marine Comps Surge in First Quarter
West Marine, Inc. reported comparable store sales excluding a calendar shift, surged 7.3 percent in the fiscal first quarter ended April 4, 2015 compared with a year earlier thanks in part to a new Super Sale in March…
Adidas Partners with Spotify on Running App
Adidas has partnered with Spotify to launch Adidas Go, the first running app that uses iPhone’s accelerometer to instantly match a runner’s favorite music to their workout.
Iconix’s Q1 Earnings Improve
Iconix Brand Group Inc. reported earnings rose 5.1 percent in the first quarter, to $62.8 million, or $1.21 a share…
Scheels Plans First Colorado Store
Scheels plans to open its first Colorado store in Johnstown. The store is scheduled to open in spring 2018…
Gildan Activewear Appoints CFO
Gildan Activewear Inc. appointed Rhodri J. Harries as executive vice-president, chief financial and administrative officer…
TomTom Invades Action Camera Market
TomTom of The Netherlands introduced its first GPS enable digital action camera Wednesday in a move aimed squarely at taking on category leader GoPro Inc…
Mammut Names New Distributor for Iberian Peninsula
Mammut Sports Group named BM Sportech S.A. its distributor for Spain and Portugal effective immediately…
Garmin Ltd. Eyes Expanding Headquarters
Garmin Ltd. is exploring expanding on a new piece of property it has acquired adjacent to its headquarters near Kansas City, according to a report by the Kansas City Business Journal…
RECALL: 5,000 Pedego Lithium-Ion Batteries
Pedego Electric Bikes of Irvine, CA has recalled about 5,000 lithium rechargeable batteries because they can overheat and pose a fire hazard…
Thule Expects Lagging U.S. to Rebound in Back Half
Thule Group AB turned in strong growth in the first quarter, albeit with little help from the United States, where executives expect new products to ignite growth this month…
Chaco Introduces Grateful Dead Collection
Chaco is celebrating 50 years of the Grateful Dead with limited-edition webbing options featuring the classic Dancing Bears and Steal Your Face designs…
Foot Locker Signs New Lease for 34th St. Flagship
Foot Locker, Inc. signed a new retail lease to retain its flagship location at 112 West 34th Street, in the heart of Manhattan's bustling 34th Street corridor, announced landlord Empire State Realty Trust, Inc…
Wolverine: Sperry and Merrell Can Still Hit Annual Growth Targets
Despite reporting flattish first quarter sales, executives at Wolverine Worldwide Inc. insisted they can still grow sales 2-to-4 percent this year as a big boost in spending, expedited product launches at Merrell and growing momentum at it resurgent Sperr
