New Balance Settles Louis Vuitton Lawsuit
New Balance Athletic Shoe, Inc. and Louis Vuitton Malletier have resolved the lawsuit filed by New Balance concerning its iconic 574 model shoe and the design of Louis Vuitton’s Minstrel shoe. Louis Vuitton acknowledges that New Balance owns valid a
SGMA Creates Association of Fitness Retailers, Manufacturers
The Sporting Goods Manufacturers Association (SGMA) has created the Association of Fitness Industry Retailers & Manufacturers (AFIRM) – a new trade association dedicated to developing benefits, products, and services specifically for fitness industry manu
Academy Sports Launches 8th Annual Holiday Bike Donation
Academy Sports + Outdoors kicked off its 8th annual youth bike donation program. Each year, at least one store in every market where Academy does business partners with select schools, not-for-profit organizations or local grassroots programs to donate bo
Kraton Performance Polymers Goes Public
Kraton Performance Polymers, a maker of polymers for such industrial and consumer applications as footwear, adhesives, and paving and roofing supply, has completed an initial public offering. The company sold 10.3 million shares on Wednesday priced at $13
Nominations Open for SGD TEAM Business 2010 Roadman of the Year Awards
Sporting Good’s Dealer TEAM Business magazine is proud to announce a new effort to honor the road warriors of the team sports business. This marks the company’s inaugural efforts to highlight the efforts and lifetime achievement of the team de
Puma Partners with Second City
Puma joined The Second City, the famous comedy theatre and school of improvisation, as the organization celebrated its 50th anniversary at an event in Chicago. Puma also announced the PUMA & The Second City “LOL” Scholarship Program, offering ten scholars
Delta Apparel, Inc. to Acquire Art Gun Technologies
Delta Apparel, Inc. signed a letter of intent and expects to acquire substantially all of the net assets of Art Gun Technologies, LLC by Dec. 31, 2009. Through its “virtual art studio”, Art Gun provides shoppers the ability to design apparel products by c
Gildan Q4 Sales Decline in Weak Pricing Environment
Gildan Activewear Inc. said its fourth quarter sales declined 7% mainly because it marked down inventory at its distributors to help them compete. The Canadian company said it is prepared to continue to price aggressively in an environment of weak global
West 49 Reports Strong Earnings Gains
West 49 Inc. reported net income in the third quarter improved 38.1% to Canadian $2.9 million (U.S. $2.8 mm), or CN5 cents per share, compared to CN$2.1 million ($2 mm), or CN3 cents per share, a year ago. Sales for the Canadian action sports chain declin
JC Penney Promotes Three Merchants
J.C. Penney Co. said it promoted three executives, who have all been with the company since 2000, to its senior merchandising team.
Bakers’ Q3 Loss Widens
Bakers Footwear Group Inc.’s loss widened in the third quarter as sales continued to slide. The shoe retailer lost $10.2 million for the 13 weeks ended Nov. 1, compared with a loss of $8.3 million a year earlier…
Salazar Highlights Dangers of Climate Change
Secretary of the Interior Ken Salazar highlighted the growing threat of climate change to the National Wildlife Refuge System and the vital habitat it conserves during a visit to the country’s first refuge…
NJ to Considered Several Firearm-Related Bills
On Monday, December 7, the New Jersey Assembly passed two bills that will impact New Jersey gun owners; A4304 passed 77-0 and A4301 by a vote of 72-3-2, according to a release by the National Rifle Association…
Wolf Litigation Continues as Elk Foundation Files New Legal Brief
The Rocky Mountain Elk Foundation again has entered into federal court an amicus curiae brief supporting wolf population management via state-regulated hunting in Idaho and Montana…
Lululemon Q3 Sales Rise 29.7% on 10% Comp Gain
Lululemon athletica inc. said income from operations soared 60.3% on a 29.7% increase in net revenue to $112.9 million in the third quarter ended Nov. 1. Comps store sales rose 10% on a constant dollar basis…
