SPIN Fitness Acquires Exclusive Distribution of Bodyblade
SPIN Fitness (Mad Dogg Athletics, Inc.), creators of the Spinning program and Spinner bikes, have acquired the exclusive distribution rights for the Bodyblade product line…
Xtreme Sports ID Partners with Coastal Surf Supplies
XtremeSportsID, makers of emergency identification wristbands, has partnered with Coastal Surf Supplies, an east coast distributor for surf and skate specialty retailers. The bands will now be more widely available along the eastern seaboard, appealing to
Collective Brands Uses New eCommerce Technology Platform for Sites
Collective Brands, Inc. has implemented a new eCommerce technology platform developed by ATG an eCommerce technology provider, which has launched first with Payless.com. Over the next 12 months, the new technology will be extended into the company's
VF Corp. Misses on First Quarter; Outlook Pared for Year
VF Corporation saw a tough trading environment in the first quarter of 2009, as revenues declined 2% on a constant currency basis and fell 7% on a GAAP basis to $1.73 billion compared to $1.85 billion in Q1 last year. Most of the revenue decline originat
Timberland Q1 Net Declines as Revenues Fall Double-Digits
The Timberland Company first quarter revenue declined 12.9% to $296.6 million, reflecting declines in Timberland brand apparel, in part due to the transition to a licensing model for the company’s North American wholesale apparel business, and declines in
Vail Resorts on EPA’s Top 50 Green Energy List
The E.P.A. has released its top 50 green energy list. Combined, these top 50 largest purchases amount to nearly 11.8 billion kilowatt-hours annually, which represents more than 70% of the green power commitments made by all EPA Green Power Partners. Inclu
Genesco Exchanges Convertible Debentures for Common Stock
Genesco Inc. has entered into separate exchange agreements whereby it will acquire and retire $56.4 million in aggregate principal amount of its 4.125% Convertible Subordinated Debentures due June 15, 2023 in exchange for the issuance of 3,066,713 shares
Skechers Q1 Net Earnings Fall, but Beats Expectations
Skechers USA, Inc. net sales for the first quarter ended March 31, 2009 fell 10.8% to $343.5 million compared to $384.9 million in the first quarter of 2008. Net earnings for the first quarter of 2009 were $8.2 million versus net earnings of $32.8 million
GSI Commerce Q1 Revenues Show Slight Increase
GSI Commerce Inc. said net revenues for the first quarter ended April 4, 2009 increased slightly to $196.5 million from $195.5 million. Non-GAAP net revenues increased 14% to $106.3 million from $93.3 million. Loss from operations was $13.0 million compar
Physical Fitness Bill Introduced in Congress
According to the SGMA, Congressman Ron Kind (D-WI) has introduced the Personal Health Investment Today Act of 2009 (PHIT) in the U.S. House of Representatives. The PHIT Act would change current federal tax law to allow for the deduction or use of pre-tax
RECALL: Under Amour Protective Cups
Under Armour, Inc., in cooperation with the U.S. Consumer Safety Commission, has issued a recall for 211,000 protective athletic cups, which the company said can break if hit-thus posing an injury threat to the wearer.
Vans Forms Distribution Team in Canada
Vans has formed a team in Canada that will assume the responsibility of sell-in and distribution of Vans’ product lines for 2010 and beyond. Vans’ Canadian business will be led by Michel Bilodeau, Director, Sales and Marketing, who is overseeing Vans’ tr
Source Interlink Files Chapter 11, Plans to Privatize
Source Interlink Companies, Inc., which publishes multiple action sports magazines and web sites, including Surfing, Surfer, Skateboarder and Snowboarder, has filed for Chapter 11 bankruptcy as part of a recent restructured agreement with its lenders to e
Shoe Carnival Partners with Soles4Souls
Shoe Carnival and Soles4Souls are partnering for the second straight year on a promotion aimed at putting shoes on the feet of people who need them most. From May 6th through May 26th, all Shoe Carnival customers will have the opportunity to donate $1 dur
Eastern Mountain Sports Opens SoHo Store
Eastern Mountain Sports will open a new SoHo location at the corner of Spring and Broadway in May. The 18,097 square-foot store triples the size of its former location. The store showcases apparel and gear for backpacking, camping, climbing, hiking, snows
