Sears Holdings to Launch Everlast Soft Goods Line in Spring
Everlast Worldwide Inc. announced the signing of a long-term direct-to-retail, licensing deal with Sears Holdings, including both its Sears and Kmart banners…
Mountain Gear Launches Textile Recycling Program
Spokane outdoor specialty retailer Mountain Gear has begun collecting used textiles at its store in Spokane, WA for recycling. Textile waste currently accounts for 5% of household solid waste streams, but only 10% of textiles are reused or recycled…
Hong Kong Economist Urges Exporters to Focus on China
Frugal consumers and an end to the inventory replenishment cycle will put downward pressure on prices of Chinese exports, according to a leading Hong Kong economist, who advised Hong Kong exporters to shift their attention toward China's booming dome
Sports Direct First-half Earnings Climb 40%
Sports Direct, the largest sporting goods chain in the United Kingdom, reported a 40% rise in first-half profit, helped by a boost from this summer's soccer World Cup…
PE Firm Beats Out Rawlings in Schutt Sports Auction
Schutt Sports Inc. won court approval to sell virtually all its assets to Kranos Intermediate Holding Corp, a unit of Los-Angeles private equity giant Platinum Equity LLC, for about $33.1 million. The winning bid came after a 19-hour bidding marathon betw
Honey Stinger Offers Discounts to Top Athletes
Honey Stinger launched a grassroots sponsorship program called “The Hive” to offer preferred pricing on Honey Stinger products and merchandise to athletes and teams identified by Honey Stinger as influential in their sport, region or community
U.K. Footwear Retailer Office Sold to PE Firm
U.K. private equity firm Silverfleet Capital has acquired footwear retailer Office from Scottish entrepreneur Sir Tom Hunter, in a deal that will also see the company's management take a stake in the business…
Jones Group Founder Shifts to Non-Executive Chair
Sidney Kimmel, the founder of Jones Group Inc., will transition from executive chairman to nonexecutive chairman of the company on Jan. 1…
REI to Open 10th Store in San Francisco Bay Area
REI (Recreational Equipment, Inc.) plans to open a new store in Dublin, CA at Amador Plaza in the fall of 2011, filling in a gap in its ring of nine stores encircling the San Francisco Bay area…
Quiksilver’s Q4 Operating Profits Up Despite Sales Decline
Quiksilver Inc. reported sales from continuing operations for the fourth quarter of fiscal 2010 decreased 8%, to $495.1 million from $538.7 million a year ago. Pro-forma income from continuing operations was $21.8 million or 12 cents per share, compared t
Teva to Make Mountain Biking Shoes
Teva said it plans to launch its first-ever mountain bike shoe in Fall 2011. The brand collaborated with Teva athlete and professional mountain biker Jeff Lenosky to design the Links, a freeride mountain bike shoe with technical features…
Osprey Adds to Customer Service Team
Osprey Packs, Inc., a manufacturer of packs, announced the addition of Katie Koppenhafer and Chris Horton to the Osprey customer service team…
Prana Introduces Fair Trade Certified Apparel
Prana has released the women's Soul T, its first Fair Trade Certified garment…
Scott Sports Hires News Wintersports Marketing Director
Scott Sport’s Wintersports Division has hired Kerry McCarthy as its wintersports marketing coordinator. McCarthy will be responsible for driving the Scott brand in the Wintersport and Outdoor categories…
Cybex International Stock Plunges on News of $66M Verdict
A New York court has awarded a 30-year-old woman $66 million in a product liability case against exercise equipment maker Cybex International, Inc. and a physical therapy company. Stock analysts said that if the ruling stands, it could force Cybex into ba
