Groupe Lafuma Courted by South Korean Retail and Fashion Giant E.Land
South Korea’s E.Land is talking with Groupe Lafuma about a possible acquisition of the French company, which owns the Oxbow action sports, Millet and Lafuma outdoor and La Chameau equestrian lifestyle brands…
VF Still Eyes Outsized Growth in China
Driven by growth from its five largest brands in the region – Timberland, Lee, The North Face, Vans and Kipling, VF Corp. expects to reach $2 billion in sales in the Asia Pacific (APAC) region by 2017. The target represents an annual growth rate of 17 per
Nike Vows to Improve Profitability
At Nike’s shareholder meeting held at its Beaverton headquarters, CEO Mark Parker spent much of his presentation detailing how the company’s commitment to innovation, connections with athletes, and inspiring stories helped drive the company
Cannondale to Become Title Sponsor for Pro Cycling Team
Cannondale is significantly increasing its investment with Brixia Sport to become the title sponsor of their pro cycling team, newly named “Cannondale Pro Cycling Team” starting Jan.1, 2013…
Nike Approves $8 Billion Stock Buyback
Nike, Inc. announced that its board of directors has approved a new four-year, $8 billion program to repurchase shares of Nike’s class B common stock. The company’s current $5 billion share repurchase program will be completed during the secon
Austin Canoe and Kayak Wins Fourth Straight Bizrate Award
Outdoor retailer, Austin Canoe and Kayak (ACK), a division of MSP Holdings, LLC is once again honored to have accepted the Bizrate Circle of Excellence award for the fourth year in a row…
Kids Foot Locker Partners with American Heart Association
Kids Foot Locker is promoting its “Keep Kids Fit” campaign in-stores nationwide and on its e-commerce site, www.kidsfootlocker.com, in support of the American Heart Association, from now through…
Field and Stream Agrees To Sell Certain Trademarks To Dick’s SG
Field & Stream Licenses announced that it has signed an agreement with Dick's Sporting Goods to sell to Dick's SG the intellectual property rights to the Field & Stream trademarks in the hunting, fishing, camping and paddle categories. Previous
IBM Reports Social and Mobile Sales Continue to Gain Share
IBM reported that shopper referrals to retailer sites from social networks generated 1.6 percent of sales on such sites in July, an increase of 25.1 percent over last year. This trend continued in August reaching 1.8 percent, an increase of 69.7 percent.
LaCrosse Footwear Reveals New Campaign
LaCrosse Footwear unveiled its 2012 marketing campaign, entitled Revolutionary Footwear. The campaign launches with an all-new LaCrosse website and social media platform…
Timberland Plots Aggressive Expansion in China
According to China Daily, Timberland plans to open 40 to 50 stores in China annually over the next five years while upgrading and expanding some of its existing stores. After launching in the Chinese mainland six years ago, Timberland now has 150 outlets
Dorel Recreational/Leisure Acquires and Launches Bike Fitting System for IBDs
Dorel Recreational/Leisure has acquired and launched Guru Experience, a bike fitting and consultative retail system for Cannondale, Schwinn, GT and Mongoose bike dealers. The company is making the system, which includes a fitting station and Guru’s
Westcomb Outerwear Expands Canadian Rep Force
Responding to a rapid and broad increase in consumer demand, Westcomb Outerwear has expanded Canadian representation by engaging four sales agencies…
Go Barefoot For One Day Set for Oct. 11
Soles4Souls, a charity committed to providing shoes to people in need, is urging people to go barefoot on October 11 “to spread awareness of the impact a pair of shoes can have on a child's life, by taking off their own.”…
Bauer Appoints Bernard McDonell as Chairman
Bauer Performance Sports Ltd. announced the board of directors has unanimously appointed Bernard McDonell as chairman, effective immediately. McDonell replaces W. Graeme Roustan, who resigned…
