Bearpaw Responds to Ugg Lawsuit
Bearpaw responded to Decker Outdoors' lawsuit charging the brand with copying the designs of its Ugg brand. Bearpaw said the suit has only come about due to the “momentum” the company is experiencing in the marketplace and defended the craftsmanship
RECALL: Giant Anthem X 29ers
Giant Bicycle Inc. of Newbury Park, CA. has recalled about 370 Giant Anthem X 29ers because their frames can crack at the junction of the seat post and top tube, according to the U.S. Consumer Product Safety Commission…
Fortune Brands May Spin Off/Sell Golf Unit
Fortune Brands may cooperate with activist shareholder William Ackman's plea to split up the company's three business units, people familiar with the matter told the Wall Street Journal. That would include a possible sale or spin off of Acushnet
Nuun Appoints Managing Director of Golf
Nuun, the creators of the portable, electrolyte hydration drink, hired David Everett to the newly created position managing director of golf…
Indy’s Running Company Becomes BlueMile
The Running Company, based in Indianapolis, said it is renaming its stores BlueMile, effective Nov. 18…
Nordstrom’s Q3 Profits Soar on 6% Comp Gain
Nordstrom, Inc. reported earnings jumped 42.6% in the third quarter, to $119 million, or 53 cents per diluted share, from $83 million, or 38 cents, for the same quarter last year. Third quarter same-store sales increased 5.8% compared with the same period
Adidas Group Builds New Road for Growth
The Adidas Group launched an ambitious five-year program, entitled “Route 2015,” with a goal of expanding revenues by 45% to 50% over the next five years. At the same time, management unveiled a new U.S. growth program, “Generation U.S. 2015,” for the Adi
Easton-Bell Sports Sees Q3 Earnings Halved Despite Solid Sales Gains
While one of its biggest competitors in football helmets is taking it in the chin, Easton-Bell Sports, Inc. is busy building on its helmet businesses — from football and other team sports to snow sports and cycling. Revenues increased 10.2% to $198.8 mil
Delta Apparel Appoints Two Independent Directors
Delta Apparel, Inc., the parent of M.J. Soffe, appointed Dr. G. Jay Gogue and Sam P. Cortez to its board of directors on Nov. 11, 2010…
Heelys Inc. Third Quarter Revenues Fall Double-Digits Again
Heelys, Inc.'s sales slid 23.3% in the third quarter, to $8.2 million. Losses were cut to $69,000, or less than 1 cent a share, from $1.1 million, or 4 cents, a year ago. Sales slid 15.6% to $6.9 million internationally due to lower sales to the Germ
Head NV Capitalizes on Winter Sports Gains in Q3 But Earnings Tumble
Head NV saw continued strength in its key Winter Sports segment drive healthy growth for the three months ended Sept. 30, although profit slipped significantly as a result of certain expenses…
FansEdge Parent Cuts Third-Quarter Losses
Dreams, Inc., the parent of FansEdge.com, reported revenues were up 30.0% in the third quarter to $19.8 million, compared to $15.2 million generated in the same period last year…
Broder Bros. Swings to Q3 Profit
Broder Bros. reported that sales for the fiscal third quarter ended Sept. 25 increased 9.2% to $210.7 million from $193.0 million a year ago. Net income was $6.0 million compared to a net loss of $1.4 million for Q3 2009…
Container Traffic May Reflect Positive View
The National Retail Federation said import cargo volume at the nation's major retail container ports remains on track for a 14.6% increase over 2009 as retailers restock their shelves and increase inventories to cater to a more confident consumer…
Chinese Textile Cotton Prices Doubling
Chinese textile companies were quoting price increases of as much as 30% at the massive Canton Trade Fair, telling customers that a global cotton shortage and persistent labor shortages were driving up costs, according to several reports…