MasterCard SpendingPulse Sees Pick-up in Small Retailer Sales in November
Spending at small retailers in November picked up a percentage point since October, showing a 5.2 percent year-over-year improvement, according to a report from MasterCard Advisors and Wells Fargo. This was enough to put its growth rate from October to
Rab Embraces Traceable, Hydrophobic Down
Rab is phasing traceable down into all its products effective immediately and will phase hydrophobic treated down into its sleeping bags and clothing starting with its 2013 winter season, the U.K.-based maker of technical outerwear announced…
Chaco-sphere Earns Accolades
Internet Retailer Magazine recently announced their list of Hot 100 E-Retailers of 2012, including Chacos.com in their competitive apparel and accessory category. The Hot List recognized Chacos.com for creating an interactive platform called the Chaco-sph
Quiksilver Posts Pre-Tax Loss In Q4
Quiksilver Inc. reported earnings slid sharply in the fourth quarter ended Oct. 31 but sales rose in the period. The loss was also cut during the year with sales improving across all regions. Bob McKnight, Jr., CEO and president, said, “We are pleased, de
Former Vibram USA CEO to Debut Topo Athletic at Outdoor Retailer
Tony Post, former president of Vibram USA, has formed Topo Athletic, a brand based on the unique belief that products should innately amplify, not modify, the body's natural biomechanics. The company has raised $5 million in series A funding from Nor
Puma’s CEO to Step Down
The Administrative Board of Puma SE announced that, by mutual agreement, Franz Koch will step down from his position as CEO of Puma at the end of March 2013. Along with the resignation as chairman in early December of former long-time CEO Jochen Zeitz, Pu
Lululemon’s Founder to Sell Some Stock
In a regulatory filing, Lululemon Athleta said that on Dec. 10, Dennis J. Wilson, founder and chairman, informed the company that he intends to establish a pre-arranged stock trading plan to sell a portion of his stock in the company over time as part of
Brian Anderson Named CEO of Madd Gear
Madd Gear, the action sports brand, named Brian Anderson to the newly created role of president and CEO of Madd Gear Americas…
Hydrapak Adds to Design Team
Hydrapak, a supplier of active-lifestyle hydration equipment, hired Daniel Stearman as a product designer. Stearman has held design positions within The North Face, One Industries, and SixSixOne…
Icebreaker Opens First Retail Store in Australia
Icebreaker, the New Zealand-based merino-wool specialist, opened its first retail store in Melbourne, Australia…
Whistler Blackcomb Holdings Cuts Q4 Loss on Record Summer Visits
Whistler Blackcomb Holdings Inc. reported its loss declined nearly 65 percent in the fourth quarter ended Sept. 30 thanks to record summer visitation. As of Dec. 2, season pass sales and bookings for lodging were running 4 and 5 percent ahead of their lev
Pivotal 5 Appoints VP of Sales
Pivotal 5, a leader in wellness and handheld fitness products announces the hiring of Craig Bradley as vice president of sales for fitness facilities and specialty markets…
Crocs Renegotiates Credit Line
Crocs, Inc. entered into an amendment to its amended and restated credit agreement, expanding the existing $70M line of credit set to expire in December 2016 with a five year $100M revolving line of credit, which includes a 50 basis point reduction in int
Phil Knight Donates $1125MM to Cardiovascular Health
The Oregon Health Sciences University (OHSU) Cancer Institute said it received a $125 million gift from Nike co-founder and chairman Phil Knight and his wife, Penney. The gift is believed to be largest philanthropic investment to advance cardiovascular me
SFIA Appoints New Director of Marketing/Communications
The Sports & Fitness Industry Association (SFIA), formerly known as SGMA, has promoted VJ Mayor to director of marketing and communications. He replaces Mike May, who will remain as director of the Don’t Take My Bat Away (DTMBA) coalition in additio
