TomTom Reports PND Unit Sales Rose 8% in Q4
TomTom, the Dutch maker of personal navigation devices (PNDs), reported unaudited sales rose 1% to €533 million ($878.2 mm) in the fourth quarter, reflecting the continued rapid decline in average sales price that is expected to accelerate this year
Sears Holdings Doubles Fourth Quarter Profits
Sears Holdings Corp. reported a surge in fourth-quarter profit, reflecting improved gross margins and the absence of last year's costs related to store closings and severance. Revenues declined year-on-year, but exceeded analysts' expectations,
Daiwa Launches E-Commerce in USA with In-Store Pickup
Daiwa, the maker of fishing rods, reels and tackle, has launched e-commerce on daiwa.com. It also includes a feature that allows products to be picked up or shipped from local authorized Daiwa retailers…
Brooks and Fleet Feet Sports, Raleigh Sponsors St. Patty’s Run Green 8K
MS Events, the volunteer organization coordinating Triangle-area bike and foot races, announces Tir na nOg Irish Pub; Fleet Feet Sports, Raleigh; Brooks Sports; and Green Planet Catering as presenting sponsors of the eco-friendly St. Patty's Run Gree
Consumer Confidence Plummets
The Conference Board, a New York-based research group, said its Consumer Confidence Index fell to 46.0 in February from 56.5 in January. According to a Briefing.com consensus survey, economists expected the index to fall slightly to 55.0 from 55.9…
Murphy USA Launches Youth Sports Sponsorship Site
Murphy USA, the discount gas station chain based in Arizona, launched their new Youth Sports Team Sponsorship website, www.teammurphyusa.com, in January 2010 in an effort to expand their community outreach in the upcoming years…
Prep Sportswear Partners with National High School Coaches Association
Prep Sportswear, a maker of customized apparel and merchandise for the school, team, sports, college and Greek markets, has joined forces with NHSCA to provide custom gear for the schools and tournaments that they connect with and sponsor each year…
Cloudveil President/Co-Founder Resigns
Cloudveil said its co-founder/president Stephen Sullivan has resigned. As reported, Spyder Active Sports last week sold the outerwear firm to Windsong Brands LLC, a private equity firm based in Westport, CT. In a statement Sullivan said his resignation wa
Finish Line Secures Credit Facility
The Finish Line, Inc. entered into an unsecured $50 million revolving credit facility credit agreement. The facility, which expires on March 1, 2013, provides that, under certain circumstances, the company may increase the aggregate maximum amount of the
Target Reports Q4 Profit Up 54%; Comps Essentially Flat
Target Corporation reported net earnings of $936 million for the quarter ended Jan. 30, 2010, compared with $609 million in the quarter ended Jan. 31, 2009…
GTX Corp Awarded Patents for GPS Shoe Technology
GTX Corp, the maker of 2-way GPS Personal Location Services (PLS) solutions, was recently awarded three new U.S. Patents that it said broadly covers fundamental aspects of providing a GPS location device in footwear…
GTX Corp Awarded Patents for GPS Shoe Technology
GTX Corp, the maker of 2-way GPS Personal Location Services (PLS) solutions, was recently awarded three new U.S. Patents that it said broadly covers fundamental aspects of providing a GPS location device in footwear…
Golf Town Names General Manager for Corporate Sales
Golf Town, Canada's largest golf retailer, named Dan Craig as general manager for corporate sales effective March 8th. Craig will oversee Accolade Reaction Promotion Group (ARPG) and Golf Town Corporate Sales…
Iconix Sees 21% Hike in Q4 Revenues
Iconix Brand Group, Inc. reported revenue for the fourth quarter of 2009 was approximately $65.8 million, a 21% increase as compared to approximately $54.3 million in the fourth quarter of 2008…
TaylorMade Names Marketing Execs to TMAG, Ashworth Brands
The TaylorMade-adidas Golf Company has named Bob Maggiore vice president of brand and product marketing for the TaylorMade brand and Harry Arnett vice president of brand and product marketing for the adidas Golf and Ashworth brands…
