Phoenix Footwear Looks to Gain Stock Listing Compliance
Phoenix Footwear Group, Inc. said that on Dec. 24, 2009, the company received notice from the NYSE Amex LLC that it has accepted the company's plan of compliance. The company had received a notice on Oct. 9, 2009 from the NYSE Amex LLC, indicating th
JD Sports Increases Canterbury Stake
JD Sports Fashion, the U.K. based retailer, paid £1.6 million ($2.5 mm) to extend its control of the global distribution of the Canterbury sportswear brand. JD has bought 100% of Canterbury International Australia and 51% of Canterbury of New Zealand…
ComScore: Website Traffic Jumps In November
Nearly four out of five consumers who went online in November visited an online retail site, and the web sites of department stores and toy stores saw the biggest traffic increases from October, according to a monthly analysis of U.S. online activity by c
Newcastle United Jumps from Adidas to Puma
Newcastle United, the U.K. soccer club, is planning to announce a new kit deal with Puma, ending a 14-year relationship with adidas, according to various sources…
Inventor of Air Sole Technology Dies
Frank Rudy, the inventor of the Nike Air Sole technology, died at the age of 84 at his home in California, according to the Oregonian. Rudy is credited with inventing the Nike Air shoe cushioning system in the late 1970s…
Gander Mtn. Expects Stock Split to Occur Jan. 14
Gander Mountain Company said its expects it will consummate a reverse stock split Jan. 14, 2010 as part of its plans to become a private company, which it announced in September…
New York Resort Plans Continent’s Longest, Highest Zip Line
Hunter Mountain has teamed up with New York Zipline Adventure Tours (NYZAT) to build the longest and highest ziplines and canopy tour in North America in the Catskills. The longest tandem ziplines, extending from the summit, will be over 3000’ long
Yakima Acquired by Taiwan Supply Chain Partner
Yakima, the manufacturer of vehicle cargo management solutions, has been merged with Kemflo International Co. Ltd., a long-term strategic supply chain partner with headquarters in Taiwan. Yakima, formerly owned by the Arcapita investment firm, will become
Study: Tiger Woods Scandal Costs $12 Billion in Stock Losses
Shareholders of Nike, Gatorade and other Tiger Woods sponsors lost a collective $5 to $12 billion in the wake of the scandal involving his extramarital affairs, according to a new study by researchers at the University of California, Davis…
K2 Sports Licenses Adio to LandS Group
K2 Sports reached an agreement to license the Adio skate brand to Anthony L&S Footwear Group. Terms were not disclosed. L&S, which makes footwear under the Fubu, U.S. Polo Association, Mt. Gear, Levi's, Cadillac and Greedy Genius names, is now headed
Mizuno Renews ING Georgia Marathon Sponsorship
Mizuno signed an extension with the ING Georgia Marathon and Half Marathon to remain as the “Official Footwear and Apparel Supplier” for the March 21st race…
MasterCard Estimates Holiday Sales Rose 3.6%
U.S. retail sales rose a surprising 3.6% this holiday season from a year earlier, helped by online shopping and purchases of electronics, according to estimates released by MasterCard Advisors’ SpendingPulse…
Study Shows Limited Use of First Sale Rule
The International Trade Commission has found the “first sale” rule used to reduce duties on a wide range of imports was used to value only 2.4% of U.S. imports for the year which ended Aug. 31. Congress will use the study to determine whether or not to el
Outdoor Channel Shoots Deal With Archery Trade Association
Outdoor Channel has been named the official cable network of the upcoming 2010 ATA Trade Show. Under the deal between the Archery Trade Association and network parent Outdoor Channel Holdings, Inc., the service will have the exclusive rights to produce an
Fire Damages Montana Hunting Shop
A fire caused serious damage to Buck's Sporting Goods in Choteau, MT Wednesday. Officials were still investigating the cause of the fire, but a local media report indicated it may have been started by a wood-burning stove…