Cheerleading Needs Sports Safety Rules
As a result of the increase in the number and severity of injuries, the American Academy of Pediatrics (AAP) has issued a statement urging coaches, parents and school officials to follow injury prevention guidelines, develop emergency plans and provide ch
Asics Launches Multi-Platform Takeover During NYC Marathon
Asics America Corporation, official sponsor of the ING New York City Marathon, is intensifying its support for the 2012 race by partnering with electro-funk duo Chromeo to create a marathon is bringing back its “Support Your Marathoner” progra
Lafuma Group FY Revenues Off 6.6 Percent, Le Chameau Sale Imminent
The Lafuma Group consolidated sales revenue for fiscal 2011/12 declined slightly to €248.7 million ($323 mm) due to fourth quarter activity slowing 6.6 percent to €77.6 million ($101 mm) compared to €83 million one year previous. The Fre
Academy Sports Apologizes For Leaking Astros Fan Gear
Academy Sports + Outdoors apologized to the Houston Astros fans, the Astros organization and Major League Baseball as a result of the inadvertent leak of small quantities of the new Astros product…
Cabela’s Q3 Profits Advance
Cabela's Inc. reported that for the third quarter, total revenue increased 9.2 percent to $741.2 million. For the quarter, comparable store sales increased 3.9 percent. Net income increased 28.5 percent to $42.8 million compared to $33.3 million and
Deckers Outdoor’s Q3 Hit by Weakness at Ugg
Hurt by weaker sales of Ugg due to rising prices and warm weather, Deckers Outdoor Corp reported net sales in the third quarter fell 9.2 percent to $376.4 million compared to $414.4 million for the same period last year. Net earnings slumped 32.3 percent
RECALL: Rim Tape for 800 Flo Cycling Wheels
Flo Cycling LLC of Las Vegas is recalling bicycle wheel rim tape provided with about 800 wheels because it can fail and break under pressure…
Callaway Golf’s Losses Deepen in Q3
Callaway Golf Company reported its losses in the third quarter widened to $89.2 million, or $1.33, in the third quarter from $60.1 million, or $1.01, a year ago…
Hanesbrands Counters Cotton Prices with Cost Cuts to Grow Q3 Profits
HanesBrands reported that sales for Champion activewear and Gear for Sports licensed apparel increased, but higher cotton costs suppressed segment operating profitability in the third quarter. Still, the company grew overall profits faster than sales duri
Iconix Acquires Umbro from Nike
Iconix Brand Group, Inc. signed a definitive agreement to acquire the Umbro brand and related intellectual property assets from Nike, Inc. for $225 million in cash. The transaction is expected to close by the end of the year…
The Bike Cooperative Adds Two Vendors
Profile Design and Bellwether have officially joined The Bike Cooperative’s growing family of supplier partners. Effective immediately, members of the cooperative will earn rebates on purchases of both brands and receive an additional co-op-exclusiv
Wolverine Appoints New VP and GM for Cushe
Wolverine Worldwide appointed Michael Hebreard as vice president and general manager for the company’s Cushe brand. Hebreard will assume the role currently held by Guillermo Perez, who will take on the newly established position of vice president, L
Intersport Corp. to Acquire The Athlete’s Foot
Global Franchise Group, LLC said it reached an agreement to sell The Athletes Foot (TAF) to Intersport International Corp. (IIC). TAF currently has 430 franchisee-owned stores in 27 countries, including the U.S., Mexico, Peru, the United Arab Emirates, Ku
Merrell Partners with Mast General Store to Help Fight Hunger
Merrell and Mast General Store are joining forces to help fight childhood hunger in local communities. For each pair of Merrell shoes purchased at Mast General Store Oct. 14 through Oct. 31, Merrell will fill a pack with food to feed a child for a weekend
Crocs Q3 Earnings Advance on 7.5 Percent Sales Gain
Crocs Inc. reported revenue for the third quarter increased 7.5 percent to $295.6 million compared with revenue of $274.9 million reported in the third quarter of 2011. Net income reached $45.1 million, or 49 cents per diluted share, compared with net inc
