Jim Gabel Named Adidas Group President, Canada
The Adidas Group announced that Jim Gabel has been appointed to the position of Adidas group president, Canada. Gabel had previously served as president of Reebok North America. Uli Becker will assume full responsibility in overseeing the day-to-day oper
ICON Health and Fitness Acquires Altra Footwear
Icon Health & Fitness, the maker of fitness products, has acquired Altra Footwear, a minimalist shoe developer. Founded in 2009, Altra Footwear claims to have introduced “the first Zero Drop, fully cushioned, foot-shaped, gender-specific footwear line.”..
VF Corp Sells $900 Million in Notes
VF Corp sold $900 million senior unsecured notes in two parts, according to IFR, a Thomson Reuters service…
Local Governments to Take Over Seven State Parks in Oklahoma
The Oklahoma Tourism and Recreation Department said seven state parks it had planned to close this fall due to budget cuts will remain open thanks to local governments that have agreed to take over their management…
Rockport and Dylan’s Candy Bar Partner for Fashion’s Night Event
The Rockport Companyhas partnered with Dylan's Candy Bar for an exclusive event to support Fashion’s Night Out in New York City on Sept. 8, 2011. Entitled “May Each Step You Take Be Sweet,” and co-hosted by celebrity stylist and Rockport style
Nordstrom Opening Charity Concept Store In Soho
Nordstrom is opening a concept called Treasure & Bond in the SoHo district in New York City. The store will be less than a tenth the size of a typical Nordstrom department store with all profits committed to charity…
Boathouse Sports Introduces Women’s Rugby Gear
Boathouse Sports introduced its new line of performance rugby gear specifically designed for female rugby players. Developed in collaboration with the women's rugby teams at Princeton University and West Chester University, it's the first line.
Gordon Brothers Acquires Assets of ArchBrook Laguna Holdings
Gordon Brothers Group has acquired principally all of the assets of ArchBrook Laguna Holdings, LLC, a New Jersey-based distributor of consumer electronics including GPS and fitness devices, as well as computers and appliances to retailers. ArchBrook had s
Orange 21 Posts $2.9 Million Q2 Loss
Orange 21 Inc., the parent of Spy Optic, reported revenues slid 5.7 percent in the second quarter, to $9.0 million from $9.5 million a year ago. The company incurred a net loss of $3.0 million for the three months ended June 30 compared to a net income of
Skechers Sued for Not Paying Models
Skechers USA is being sued for allegedly violating the rights of young model's images. The complaint filed in Los Angeles Superior Court states that Skechers knowingly failed to pay for, and not have the right to use, numerous images of its footwear
Deckers Outdoors, Tsubo Triple Comerica Credit Line to $60 Million
Deckers Outdoor Corp. and its subsidiary Tsubo, LLC tripled the amount they can borrow under a credit agreement with Comerica Bank to $60 million between now and November 30, 2011…
Dick’s SG Lifts FY Guidance on Strong Q2
Dick's Sporting Goods reported second-quarter revenues rose 6.5 percent to $1.31 billion from $1.23 billion a year ago with consolidated same store sales increased 2.5 percent. Consolidated non-GAAP earnings per diluted share increased 21 percent, pr
Old Navy to Open “Superfan Nation” Shop in All U.S. Stores
Old Navy announced the launch of 'Superfan Nation' a new in-store destination for fan gear. The move is an expansion of the brand's already successful licensing product strategy. In collaboration with the NFL and the Collegiate Licensing Co
Mountain Resorts Built Reservation Gains Prior to Market Swoon
Reservations at western mountain destinations in the United states continued to build through July 31 in both the summer-to-date period and for the upcoming ski season, according to Mountain Travel Research Program (MTRiP). Occupancy for the February thro
Foot Locker Kicks Off ‘Sneaker Thing’ BTS Promotion
Foot Locker has launched a back-to-school advertising campaign entitled “It's a Sneaker Thing.” The campaign in the U.S. kicks off with two spots, titled, “Wright Brothers” and “Newton.”…
