Brick-and-Mortar Traffic Off Sharply Week Before Christmas
Last week was the last chance for procrastinators to finish last-minute holiday shopping, but the weather prevented many from getting to the stores, according to ShopperTrak. The company estimated shopper traffic at bricks-and-mortar stores decreased by 2
Nike Inc. Sees Brighter Futures Ahead…
Nike Inc. reported an impressive 9 percent gain in revenues on a currency-neutral basis in the fiscal second quarter ended Nov. 30, with a 9 percent gain for Nike Brand and 11 percent for Converse. Even more encouraging, future orders were up 13 percent a
Billabong’s New CEO Unveils Turnaround Plan
Billabong’s new CEO Neil Fiske last week outlined a seven-point turnaround plan, which includes rebuilding the company’s global brands, sorting emerging brands, and fine-tuning merchandising strategies with fewer better styles…
Adidas Group Invests in Natural Fibers Company
Adidas Group's in-house venture capital fund agreed Dec. 19 to invest CN$2.0 million in CRAiLAR Technologies Inc., a Canadian company that makes natural fibers from flax, hemp and other plants that can be used to make a garment that is as soft and du
Club Ride Apparel Raises Capital to Fuel Expansion
Club Ride Apparel, one of the leaders in the casual-technical cycling apparel segment, secured $1 million in additional capital from Royal Street Investment & Innovation Center to support the company’s continued expansion…
Lids Assumes Retail Concessions for NHL’s Edmonton Oilers
Lids was awarded the rights to operate retail concessions inside Rexall Place, the home arena of the NHL’s Edmonton Oilers and its junior team, the Western Hockey League’s Edmonton Oil Kings. The deal marks the first NHL relationship for Lids
RG Barry Explores Possible Sale
R.G. Barry Corporation entered into a non-disclosure and standstill agreement with Mill Road Capital Management LLC in regards to the PE firm's potential bid to acquire the company…
Under Armour Partnering with Lockheed Martin on Speedskating Suit
Under Armour is partnering with Lockheed Martin, the defense and aerospace giant, to come up with the fastest speedskating suit. The suit will be unveiled at the Winter Olympics in February…
Final Week Comps Growth Exceeded 2012 Levels at Major Retail Chains
Weekly sales a major U.S. retail chains rose by 2.7 percent in the week ending Dec. 21 compared with 2.0 percent in the comparable period of 2012, according to the International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales
Neil Pryde to Retire
Neil Pryde will retire as Managing Director of Pryde Group, effective Dec. 31…
Lids Assumes Retail Concessions for NHL’s Edmonton Oilers
GCO Canada, Inc., a subsidiary of The Lids Sports Group, announced it has been awarded the rights to operate retail concessions inside Rexall Place, the home arena of the NHL’s Edmonton Oilers and its junior team, the Western Hockey League’s E
Finish Line Raises FY Guidance on Q3 Rebound
The Finish Line Inc. earned $2.3 million, or 5 cents a share, in its third quarter ended Nov. 30, rebounding from a loss of $103,000, or less than one cent a share, a year ago. Results were 5 cents ahead of Wall Street's consensus estimate. Comps inc
ARK Defense Group Acquires Osprey Defense
ARK Defense Group announces the acquisition of Osprey Defense LLC, a manufacturer of a self-cleaning piston conversion kits for the AR15/M4/M16 platform…
Evernham Sales Appointed Swab-its Rep Group for Midwest Stat
Super Brush, makers of Swab-its brand firearms cleaning swabs announces that they have appointed the manufacture rep group Evernham Sales Associates, Inc. to represent Swab-its in the Central and Northern Midwest United States…
Epicosity Partners with Evatt Marketing Group
Outdoor marketing firm, Epicosity announces that it has signed an agreement with former FMG executive Steve Evatt and the Evatt Marketing Group to combine efforts in the outdoor and firearm industry…
