Gilt Groupe Lays Off 10 Percent of Staff
Gilt Groupe, the flash-sales fashion site, has confirmed that it has laid off about 10 percent of its workforce – about 90 workers – with most of the departures coming from Gilt City, the company's daily-deals site. The company will also close about
Collective Brands Appoints Rick Blackshaw as Keds Brand President
Collective Brands Performance + Lifestyle Group appointed Rick Blackshaw as president of the Keds brand. Blackshaw has extensive footwear experience with brands including Converse, Timberland, and the former division of Reebok, Avia, and most recently ser
Mizuno Names Creative Agency
Mizuno USA, Inc. has named McKinney, Durham, NC, as their new advertising agency of record. McKinney will provide integrated branding communications solutions, including print, collateral, direct…
Jarden Updates 2011 Guidance
Jarden Corporation, which owns Coleman, K2, Rawlings and other sporting goods brands, expects revenue of $1.72 to $1.74 billion for the fourth quarter of 2011 and approximately $6.68 billion for the full year, according to preliminary estimates it release
Jake Burton’s Cancer Treatments Successful
Burton Snowboard Founder and CEO Jake Burton told his employees in a Jan. 19 e-mail that he appears to have beaten testicular cancer…
NOCSAE Approves More Than $845,000 to Fund Concussion and Head Injury Research
The National Operating Committee on Standards for Athletic Equipment (NOCSAE) awarded more than $845,000 in new research to advance the science of sports medicine related to concussion and head injury, and approved second year funding for existing concuss
Asics Highlights Gel-NEO33 in Latest Ad
Asics kicked off an international multi-media campaign for its lightweight GEL-Neo33, the latest addition to the Asics 33 Collection. In the 30 second ad by agency of record, Vitro, runners crisscross an urban cityscape carrying glowing balloons…
The North Face’s $750,000 Pledge Rounds Out $3.5 Million Campaign at The Conservation Alliance
The North Face committed an additional $750,000 over three years to The Conservation Alliance Legacy Fund, enabling it to reach its $3.5 million endowment goal. Earnings from the Legacy Fund will cover operating expenses for the organization…
Lenzing AG Defends Lyocell Patents
Lenzing AG, the global market leader for man-made cellulose fibers and the world’s only large-scale industrial provider of Lyocell/TENCEL fibers, is taking legal action against the violation of its Lyocell patents…
Nike Launches FuelBand Smart Wristband
Nike Inc. unveiled the Nike+ FuelBand, a wristband meant to track activities and provide wearers with NikeFuel scores. The ergonomic Nike+ FuelBand captures and displays four different metrics: time, calories, steps and NikeFuel – a new metric that will
K2 Plots 2013 Launch of Expansive Outerwear and Softgoods Collection
K2 Sports executives publicly confirmed rumors regarding the ski and snowboard manufacturer's plans to launch an expansive outerwear program. The company will introduce a men's and women's winter sports outerwear program for the 2013-14 sea
Lids Team Sports Acquires Transfer Magic
Lids Team Sports, part of Genesco's Lids Sports Group, announced the acquisition of Transfer Magic, a technology company that specializes in online embellishment services based in Anderson, IN. Lids Sports Group will principally utilize Transfer Magi
City Sports Moves To Bigger Location in Ardmore, PA
City Sports announced plans to relocate its Ardmore, PA location in the Suburban Square shopping center, providing a completely revamped retail experience. City Sports' Ardmore store will move from its present location within the Suburban Square comp
Obesity Rates Stabilizing But Not Improving
New statistics cited in two papers report only a slight uptick in obesity rates since 2005. The statistics from the Centers for Disease Control and Prevention showed that more than 35 percent of U.S. adults (78 million people) are obese, defined as having
REI Ranks Eight on Fortune’s 100 Best Companies to Work For
REI (Recreational Equipment, Inc.) is number eight on FORTUNE magazine’s 2012 list of “100 Best Companies to Work For.” The recognition marks the highest-ever ranking for REI and 15th consecutive year of being named to the list…
