Crocs Inc. Will Miss Q3 Sales and EPS Guidance
Crocs, Inc. is revising its revenue and earnings guidance downward for the third quarter ended September 30, 2011. The company now expects revenue to be in the range of $273 million to $275 million for the third quarter versus previous guidance for $280
E-bike Battery Maker Receives Grant from Illinois
AllCell Technologies, LLC, which makes lithium ion bateries for e-bikes and other applications, received a $460,433 grant from the State of Illiinois as part of Governor Pat Quinn’s efforts to retool the Illinois economy to include thousands…
Li Ning Appoints COO, Chief Product Officer Resigns
Li Ning reported that Lu Ning, the former general manager of the sales operation of the Li-Ning brand, has been appointed its chief operating officer. Hsu Mao Chun, Morrison, the existing chief product officer of the Li-Ning brand, plans to resign from hi
Coleman Moving Top Execs From Wichita To Denver
Coleman Co. Inc. plans a new “leadership center” in Denver and will base 25 key executives there, according to reports from its headquarters city of Wichita, KS. The report indicated that it's unsure whether the company was moving its headquarters fr
Evolv Footwear Adds Steph Davis to Climbing Team
Evolv Sports added professional rock climber, alpinist, big-wall climber, BASE jumper and wingsuit pilot Steph Davis of Moab, Utah to its climbing team…
SD Sport Innovators Appoints Executive Director
Bill Walton, executive chairman of SD Sport Innovators (SDSI) managed by CONNECT, named Lisa Freedman as the organization’s executive director. Freedman brings a long track record in the sports event and facility management field, as well as busines
Black Diamond Makes More Apparel Hires
Black Diamond has hired another round of employees for its new apparel design and development team, which expects to launch the company's first apparel line in Fall 2013. The hires bring experience from Arc'teryx, Mountain Hardwear, The North Fa
Pony Sets U.K. Relaunch
Pony, the basketball footwear brand harking back to the 70s' and 80s', will be relaunched in the UK this coming spring…
Hertz Begins Renting E-bikes in Spain
The Hertz Corporation is now renting e-bikes in Spain following its successful launch of a similar program in London earlier this year…
Big Agnes Adds Hunter to Product Testing Team
Big Agnes Inc. added hunter and ultra-marathoner Cameron Hanes to its official product testing team…
Senate to Look at Sports Concussions and Marketing
A Senate committee plans a hearing next week on “questionable marketing” of sports equipment that's promoted as helping reduce the risk of concussions. Football helmet manufacturers such as Riddell have been criticized for claiming their helmets redu
Winmark Corp,’s Q3 Net Income Rises Nearly 30 Percent
Winmark Corporation, which franchises stores under the Play It Again Sports and other banners, reported net income rose nearly 30 percent in the third quarter ended Sept. 24 to $3.48 million, or 66 cents per share diluted…
Thai Chemical Company Building $150M Ingeo Plant
Thailand's largest chemical company, PTT Chemical Public Company Limited is investing $150 million to build a factory in Thailand that will supply Asia with Ingeo bioplastics created by Minnesota-based NatureWorks LLC. Ingeo offers the performance o
Liz Claiborne Agrees to Sell Namesake, Monet and Kensie Brands
Liz Claiborne Inc. is selling its namesake brand and several others to concentrate on its Juicy Couture, Lucky Brand and Kate Spade higher-end labels. The company, which hasn't had an annual profit since 2006, said it will change its name to reflect
Onitsuka Tiger Appoints Advertising Agency
Onitsuka Tiger, a lifestyle and fashion brand owned by Asics, has selected Pitch, an integrated marketing agency based in Culver City, CA as its local Agency of Record. Onitsuka Tiger will look to Pitch to help expand from a niche position as a fashionabl
