Retailers, Brands and Technology Providers Agree on Global Serial Number System
Major American retailers, brands and technology providers have agreed on a set of guidelines for assigning serialized identification numbers to individual items – making it possible to trace individual products as they move through the global apparel supp
Vans Unveils Bold Five-Year Plan, Eyes Athletic Channel Opportunity
At an investor meeting last week, Vans’ management and its parent, VF Corp., outlined an aggressive plan to add $1 billion in sales over the next five years. But the big surprise was the introduction of an athletic-inspired line, LXVI, designed to h
QandA: Bauer Performance Sports’ Kevin Davis
Bauer Performance Sports Ltd. last week entered into a definitive agreement to acquire Cascade Helmets Holdings, Inc., the maker of men’s and youth lacrosse helmets in North America, for a purchase price of U.S. $64 million. The acquisition is expec
Li Ning Sees Profit Decline in 2012
Li Ning Company said it expects 2012 profits to undergo a “rather substantial decline” over a year earlier, due to rising marketing costs and a one-off impairment loss due to intangible assets of licensing brand Lotto as well as sharp revenue declines…
Dick’s SG Sizes Up the Competition
At the William Blair & Co. Growth Stock Conference last week, Dick’s Sporting Goods’ officials received a slew of questions from investors in attendance about their potential competitors – from Amazon to other larger full-line stores. Not surp
PGA Tour Opens Second Chicago Area Store
PGA Tour Superstore is opening a second Chicagoland location on Thursday (June 14) in Downers Grove…
Canadian Tire Named One of Canada’s Most Socially Responsible Companies
Canadian Tire Corporation, Limited, which is Canada's largest sporting goods retailer, has been included on the 2012 Maclean's/Sustainalytics list of the 50 Most Socially Responsible Companies in Canada…
Vans Targets $1 Billion Growth, Reveals New LXVI Product Line
Vans at an investors meeting provided details on its strategy to add $1 billion in revenues over the next five years. Growth in the Americas, representing about 70 percent of total revenues in 2011, will account for nearly half of the anticipated growth,
Shoe Carnival Announces New Partnership with Vanderburgh County CASA
Shoe Carnival and Vanderburgh County CASA are forming a new partnership based on a mutual desire to help abused and neglected kids in our community. The organizations are teaming up to raise money in the first ever “Walk the Runway” benefiting the County&
Study: Shoes Reveal Personality
A study conducted by the University of Kansas found that people can judge a stranger's personality by looking at the person's shoes with more than 90 percent of accuracy…
Container Imports Suggest Continued Retail Sales Growth
Import cargo volume at the nation’s major retail container ports is expected to increase 4.8 percent in June compared with the same month last year, and year-over-year increases are expected to continue into the holiday season shipping cycle, accord
Jack Wolfskin Appoints Apparel Product Manager
Jack Wolfskin has filled the last spot in its development team by hiring Daniele Grasso as senior product manager for apparel shells. Grasso is responsible for the major weather-protection department, including the company's Texapore technology.
Fleet Feet to Award $18,000 in FITlanthropy Grants
Fleet Feet, Inc. will meet in Washington D.C. next week for its annual Franchise Conference. As part of the annual awards banquet, Fleet Feet, Incorporated will award $18,000 in grants to six stores on behalf of its major vendor partners. These grants,
Ray Rice Joins Xenith Team
Xenith, LLC has retained All-Pro Baltimore Ravens running back Ray Rice to serve as a brand ambassador for its football helmets and protective gear. Rice, who wore the company's X2 helmet last season, will promote Xenith's strategy for Building
Good Sports Partners with Sporting Goods Manufacturers Association
The non-profit group Good Sports has partnered with the Sporting Goods Manufacturers Association (SGMA)to distribute surplus sporting goods equipment to disadvantaged youth…