Point6 Selects Five European Distributors
Point6 added five distributors to its European sales force to grow retail distribution in Austria, Denmark, Norway, Sweden, and the United Kingdom (including Ireland). The company already distributes in Italy, Germany and Canada…
Portland Targets Athletic and Outdoor Industry Cluster
Economic development leaders in Portland, OR unveiled their plans to recruit more companies to the region’s athletic and outdoor industry cluster at a meeting last week…
Reebok Sued Over Toning Claims
A lawsuit filed in Boston's federal court asserts that Reebok made false claims about the fitness benefits of its EasyTone shoes. The lawsuit by Massachusetts consumer Sandra Altieri claims that because of Reebok's marketing campaign, Altieri an
Dick’s Sporting Goods Again Hikes Guidance on Strong Third Quarter
Riding higher comps and margins, Dick's Sporting Goods’ earnings, excluding one-time items, climbed 38% in the third quarter to $26.7 million, or 22 cents. The sporting goods giant beat its prior guidance and raised its earnings forecasts for t
FansEdge Parent Online Sales Drive Q3 Top Line
Dreams, Inc., which owns Fansedge.com, reported net sales for the fiscal third quarter ended Sept. 30 were up 30.0% to $19.8 million from $15.2 million a year ago…
Phoenix Footwear Q3 Sales Slide
Phoenix Footwear Group, Inc. lost $1.1 million, or 14 cents a share, in the third quarter versus earnings of $60,000, or 1 cent, in the year-ago quarter. Revenues slid 10.9% to $4.9 million. Sales were down 9% for the Trotters brand and off 6% at Softwalk
Geox’s Q3 Revenues, Earnings Rise
Italian shoemaker Geox SpA's sales rose 4.1% in the third quarter to €310.0 million ($419 mm). Net earnings increased 4.2% to €34.5 million ($47 mm)…
Bearpaw Responds to Deckers’ Ugg Suit — Kind Of
Bearpaw Footwear responded to the Deckers Outdoors lawsuit charging the brand with copying the designs of its Ugg brand. Bearpaw said the Deckers suit has only come about due to the “momentum” the company is experiencing in the marketplace and defended th
TapouT Parent Acquires Sinister
Authentic Brands Group, which recently acquired the Tapout brand, has purchased Sinister, an apparel and accessories company with origins in the mixed martial arts space…
Aldila Acquires Victory Archery
Aldila, Inc., the golf equipment company, signed a non-binding letter of intent to acquire the assets of the Victory arrow business from Miramar Strategic Ventures, LLC in a cash and stock transaction targeted to close by Dec. 31, 2010…
Orange 21 Narrows Q3 Loss
Orange 21 Inc., the parent of the O’Neill and Spy Optic, reported Q3 sales decreased 6.3% in the quarter ended Sept. 30, to $8.2 million from $8.8 million a year ago…
NRF: Gift Cards Could Make Come Back As Consumers Spend More Freely
Gift cards could enjoy resurgence this year as consumers shift their gaze from heavily discounted merchandise back to America's favorite gift, according to NRF’s 2010 Gift Card Consumer Intentions and Actions survey…
Exceed Grows Q3 Sales, Doubles Profits
Exceed Company Ltd., which owns the “Xidelong” sportswear brand from China, reported revenue jumped 25.8% to RMB832.4 million ($124 mm) in the third quarter versus the third quarter last year…
Qatar Football Federation and Nike Sign Sponsorship Deal
Qatar Football Association President HE Sheikh Hamad bin Khalifa bin Ahmed Al Thani announced a new sponsorship agreement with Nike Inc. to become the official national team kit supplier…
Gramicci Appoints Director Of Design and Sales Director
Gramicci hired James Sowins as director of design. Both men's and women's design teams along with the technical design team will report directly to Sowins. Paul Cronin has also been hired as a VP and sales director, managing all U.S. and Interna
