Exceed Co.’s Q2 Revenues Decline 37.6 Percent Amid Struggles in Chinese Market
Exceed Company Ltd., the owner and operator of the “Xidelong” brand, reported a 37.6 percent decrease in second quarter revenue as a result of weakening consumer demand in China due to the economic slowdown in the country. Revenue from Footwear declined 4
NICA Joins US Anti-Doping Agency’s TrueSport Initiative
The National Interscholastic Cycling Association (NICA)has partnered with the U.S. Anti-Doping Agency’s (USADA) initiative TrueSport to encourage high school cycling league athletes to focus on fair competition, healthy choices and fun…
Unifi Expanding Yarn Capacity for NAFTA, CAFTA Production
Unifi, Inc. has purchased nine DTY (drawn textured yarn) machines and a sample machine, all of which will be relocated to it Yadkinville, N.C., manufacturing facility to support growing demand for synthetic yarns in the Western Hemisphere…
National Geographic Explorer Journeys To Downtown L.A. Sport Chalet
Sport Chalet, Inc. will host National Geographic Emerging Explorer Juan Martinez for an exclusive in-store event at the FIGat7th location in Downtown Los Angeles on Saturday, Aug. 10…
Cramer Products Acquired by Performance Health
Performance Health, manufacturer and marketer of Thera-Band, Biofreeze, Perform and Hygenic branded products, announced a merger with Cramer Products, Inc. The partnership will result in little initial change in how each company conducts business with the
J.C. Penney Denies Report Of Credit Woes
J.C. Penney issued a statement Thursday denying a report of challenges gaining funding to support merchandise delivery. On Wednesday, the New York Post said CIT Group, the largest factoring firm, “abruptly” ceased financing deliveries to the d
Steve Madden Posts 7.6 Percent Q2 Profit Growth
Steve Madden reported net sales increased 3.1 percent to $297.6 million compared to $288.7 million in the same period of 2012. Retail comparable store sales increased 2.5 percent…
Coolcore Files Patent Infringement Suit Against Grabber and Implus
Coolcore today filed suit against Grabber and Perfect Fitness, a division of Implus, in the United States District Court of New Hampshire. The lawsuit alleges Grabber and Perfect Fitness infringe upon Coolcore’s 'process of making a fabric'
Craft Sportswear North America Hires New Category Sales Manager
Craft Sportswear North America hired Katie Gould Swenson as its sales & marketing manager for Craft base layers & nordic skiing. As part of this newly created position, Swenson will be responsible for…
Under Armour Partners with DC Comics on Fitness Apparel
Warner Bros. Consumer Products, with DC Entertainment, has partnered with Under Armour, Inc., to empower athletes and unleash their alter egos. Inspired by the popular DC Comics Super Heroes like Superman, Batman, Wonder Woman and more, the Under Armour A
Li Ning Suspends Contract with Jamaican Sprinter
Li Ning has suspended its deal with Jamaican sprinter Asafa Powell after revelations earlier this week that the Jamaican runner along with five other athletes tested positive for banned substances earlier this year…
LaCrosse Footwear’s President Exits
Robert Sasaki, who was appointed president of LaCrosse Footwear, Inc., in May, has left the company…
RECALL: 2,300 LED Lanterns Sold Exclusively by REI
Industrial Revolution of Tukwila, WA has recalled about 2,300 LED lanterns sold exclusively by REI because the wall charger plug can fail during normal use and pose a fire hazard…
Karma Athletics Closes $1.5 Million Private Placement Financing
Karma Athletics Ltd., a Canadian-based maker of fashion inspired yoga and fitness apparel, announced the closing of a $1.5 million private placement financing…
Sportsman’s Warehouse Opens Distribution Center in Salt Lake City
Sportsman's Warehouse has moved into a new distribution center to support continued company growth. The new center, located at 1630 South 5070 West in Salt Lake City, offers 507,000 square feet of warehouse space compared to the previous center'