Nike Secures Automatic-Lacing Patent
Nike Inc. has secured a patent with the World Intellectual Property Organization for an “automatic lacing system.” Many stories circling around the Internet linked the product to the footwear worn by Michael J. Fox's character Marty McFly in the 1989
RILA Taps Engineer to Head up Sustainability Efforts
The Retail Industry Leaders Association (RILA), whose board of directors includes the CEOs of VF Corp. and REI, hired an aeronautical engineer with an MBA from MIT to head up its sustainability initiatives. Adam Siegel was named vice president of sustaina
GoFit Reaches Endorsement Deal with Biggest Loser’s Bob Harper
GoFit, the hand-held fitness equipment maker, signed Bob Harper, Co-host of NBC's show The Biggest Loser, to an endorsement contract…
Performance Bicycle Names VP, Visual Merchandising
Performance Bicycle appointed James Hilyard as vice president of visual merchandising…
Health+Fitness Business Expo 2010 Expanded
In order to accommodate all the fitness product manufacturers wanting to exhibit at the Health+Fitness Business Expo 2010 (HFB), show organizer Nielsen Expositions has expanded its sold-out show hall adjacent to the Sands Expo Convention Center for the 20
Pacific Sunwear’s Q2 Comp Sales Fall 10%
Pacific Sunwear said net sales for the second quarter of fiscal 2010 ended July 31, 2010, were $218 million versus net sales of $243 million for the second quarter of fiscal 2009 ended August 1, 2009. Total company same-store sales decreased 10% during th
West 49 Shareholders Approve Billabong Merger
West 49 shareholders voted almost unanimously in favor of Billabong's $99-million takeover bid for the Canadian clothing retailer. West 49 said 99.9% of its shareholders were in favor of the sale to Australia's Billabong International…
DSW Becomes Lead Sponsor for Miss America Pageant
DSW Designer Shoe Warehouse entered a long-term partnership to be the lead sponsor for the broadcast of the 2011 Miss America Pageant on ABC in January…
PacSun Acquires License the Modern Amusement Brand
Pacific Sunwear of California, Inc. entered into an exclusive agreement to license the MODERN AMUSEMENT brand. The brand was acquired in 2004 by Mossimo Giannulli, the founder of the Mossimo label. The license covers apparel, footwear and accessories…
Foot Locker Opens Second Run by FL Store
Foot Locker Inc. has opened its second RUN by Foot Locker store in Menlo Park Mall in Edison, NJ. The first RUN by Foot Locker opened in February on 14th Street in New York City…
UW Approves Adidas Sponsorship Agreement
Adidas and the University of Wisconsin athletic department received approval from the UW System Board of Regents to sign a new five-year sponsorship agreement that will outfit the school's 23 athletic teams…
Freedom Group Sees Year-ago Comparisons Sink Q2; Mountain Khakis Deal Terms Confirmed
Freedom Group, Inc., the parent company of the Remington, Bushmaster, DPMS/Panther Arms, Marlin, Mountain Khakis, EOTAC and Dakota Arms brands, among others, reported sluggish results across the board for a second quarter that suffered from insurmountabl
NRF: Inconsistency Seen in July Spending
According to the National Retail Federation, retail industry sales for July (which exclude automobiles, gas stations, and restaurants) increased 3.1% unadjusted year-over-year and also declined 0.2% seasonally adjusted month-to-month. The estimates exclud
Perry Ellis Boosts 2010 Full Year Guidance
Perry Ellis International, citing continued strong gross margin expansion, said it expects a second-quarter loss ranging from 15 cents to 17 cents a share, a sharp reduction from a 42 cents-loss a year ago. Revenues are expected to reach $162 million, up
OR Summer Market: Hardgoods Go Back to Basics
In an industry driven for so long by innovation, it’s ironic to discover that as technology changes a great many things remain the same. Equipment meant to get people outdoors aims simply to provide comfort and security while hauling supplies, creat
