Adidas Group Net Income Falls 93% on Lower Sales, Margins
Adidas Group sales declined 8% on a currency-neutral basis in the second quarter of 2009 due to sales declines in all segments with the exception of TaylorMade-adidas Golf, which got a boost from the inclusion of Ashworth this year. Currency-neutral adida
FGX Intl. Sees Q2 Profits Climb
FGX International, the maker of prescription and sunglasses, reported second-quarter sales increased 12% to $75.1 million from $66.8 million in the second quarter of 2008. Net income from continuing operations increased 54% to $6.1 million, or 27 cents a
Sport Chalet Narrows Q1 Loss, Comps Drop 14.7%
Sport Chalet, Inc. saw sales decrease 8.9% to $79.4 million for the first quarter of fiscal 2010 from $87.1 million a year ago. Comps tumbled 14.7%. The net loss was narrowed to $3.0 million, or 21 cents per share, compared to a loss of $4.5 million, or 3
Zumiez Reports July Comps Slip 5.6%
Zumiez Inc., announced that total net sales for the four-week period ended August 1, 2009 decreased 5.6% to $29.9 million, compared to $31.7 million for the four-week period ended August 2, 2008…
American Bird Conservancy Petitions EPA to Ban Import
American Bird Conservancy has petitioned the U.S. Environmental Protection Agency (EPA) to ban the import of crops containing any residues of 13 pesticides that are banned or restricted for use in the United States…
Intervet/Schering-Plough Animal Health Joins PF as National Sponsor
Pheasants Forever (PF) announces Intervet/Schering-Plough Animal Health as the organization's newest national sponsor. A world-renowned leader in the research, development, manufacturing and sale of veterinary medicines, Intervet/Schering-Plough Anim
O�Riordan Resigns from ASG; Turner Takes Over as President and CEO
Tom O�Riordan, chief executive officer and president of American Sporting Goods (ASG), has resigned from the company effective immediately. Chairman Jerry Turner will take the reins and continue to guide the company in its 25th year in business…
New Report Finds Pregnant Women Should Exercise
Physicians should recommend low to moderate exercise for their pregnant patients, even if they have not exercised prior to pregnancy, says a report in the August issue of the Journal of the American Academy of Orthopaedic Surgeons…
Nordstrom Rack to Open in Tampa by Fall ’10
Nordstrom, Inc. announced it will open a 45,000-square-foot Nordstrom Rack, a unit of the company's off-price retail division, in Tampa, Fla. in fall 2010. The new store will be located in the Walter's Crossing neighborhood at the intersection o
Quiksilver to Sell Swimwear in Vending Machines
Quiksilver reached an agreement to sell co-branded, board shorts and bikinis available pool side in automated dispensing machines at Standard Hotels, which has locations are in downtown Los Angeles, Hollywood, New York, and Spa Miami…
American Sporting Goods Tom O’Riordan Resigns
American Sporting Goods announced that Tom O'Riordan, chief executive officer and president, has resigned from the company effective immediately. Chairman Jerry Turner will take the reins and continue to guide the company as it enters its 25th year i
Alp-n-Rock Names Intl. Sales Manager
Alp-n-Rock named Michael Ryan, industry veteran, to lead its efforts for international sales. Ryan, founder, owner and CEO of Blue Agency will work in tandem with Alp-n-Rock founder Susanne Reich to increase the brand’s presence in the global market place
RECALL: Spalding In-Ground Basketball Hoops
About 1,700 Spalding in-ground basketball hoops are being recalled. The bolts at the base can fail, causing the unit to fall, possibly striking bystanders…
NFL Licenses Toiletries
The National Football League has partnered with Procter & Gamble in an endorsement deal for toiletries. Under the multi-year pact, P&G will be allowed to use a “Official Locker Room Product of the NFL” label on products including Old Spice deodorant and
Pony Claims Victory in Nike Lawsuit
Pony, Inc. dismissed its suit against competitor Nike Inc. over Nike's much-hyped international “V for Victory” advertising and marketing campaign. Nike notified Pony that the campaign is no longer being used, after Pony filed its lawsuit in April of
