Skechers Swings to Q4 Profit on Surge in Sales
Seeing momentum across its lines, Skechers USA Inc. reported sales grew 30.4% in the fourth quarter to $388.6 million. Backlogs were up 40% as of Dec. 31 and are running even higher so far in the first quarter…
Billabong Sees Weakness Continue in North America
Billabong International Limited said currency fluctuations pushed sales in its Americas segment down 6.2% to A$317.5 million ($282.9 million) in constant-currency terms for the fiscal first half ended Dec. 31…
Spyder Divests Cloudveil; New PE Firm Taps Jim Reilly as President
Cloudveil has been sold yet again. This time, Spyder Active Sports sold the brand to Windsong Brands, a private equity firm based in Westport, CT. The new owners plan to quickly expand distribution of the brand within the outdoor specialty channel as well
Reebok Addresses El Salvador Sweatshop Allegations
In response to a report from that National Labor Committee that claimed that NFL jerseys were sewn under illegal sweatshop conditions in El Salvador, Reebok issued a statement last week saying it had conducted its own initial investigation and “believe th
OR Senate Shoots Down BPA Ban
Oregon's state Senate rejected a bill last week that would have banned BPA, or bisphenol-A, from baby bottles and sippy cups, after opponents concluded it might backfire on the state's food industry…
Evinrude Announces Ambassadors
BRP has introduced a team of four elite anglers as official ambassadors to Evinrude outboard engines. Dubbed “The E-TEAM,” the group will tour the U.S. over the next four months, outfitted with the Evinrude technology, sharing real experiences and interac
USFW Announces Firearms Rule Change for Possession in Nat’l Wildlife Refuges
The U.S. Fish and Wildlife Service said on Monday that effective February 22, 2010, the rules governing possession of firearms on National Wildlife Refuges will change as a result of legislation enacted by Congress. After this date, the law allows an indi
L-3 Communications to Acquire Insight Technology Inc.
L-3 Communications said late last week that it has entered into an agreement to acquire Insight Technology Incorporated (Insight)…
Quiksilver Claims Victory in Roxywear Lawsuit
Quiksilver, Inc. said it had once again prevailed in its Federal court trial against Kymsta Corporation and Kymsta's claims against Quiksilver and Quiksilver's “Roxy” trademark. Kymsta had appealed Quiksilver's last two trial victories in t
Nautilus Plant in Grayson, Co. Sold
The Nautilus plant in Grayson County, CO, has been sold to Med-Fit Systems…
Michael Phelps Becomes Youth Olympic Games Ambassador
Olympic swimming champion Michael Phelps became the first official Ambassador of the Youth Olympic Games (YOG)…
Rip Curl Founder Inducted into Australian Surfing Hall of Fame
Doug Warbrick, the founder of Rip Curl, became the 32nd member respectively of the Australia's Surfing Hall of Fame at the Australian Surfing Awards. Warbrick founded Rip Curl in 1967 with Brian Singer…
Foot Locker Tests Run Store in NYC
Foot Locker Inc. is testing a running-themed store on 14th Street in New York City. Said Peter Brown, SVP and chief information officer, “It's something new. It's just a test and we'll see how it works and go from there.”…
244 More Russell Athletic Jobs Head to Bowling Green
Officials with Fruit of the Loom announced that 244 more positions within Russell Athletic in Alexander City, AL, will be moved to the company's corporate campus in Bowling Green, KY…
Reebok Addresses El Salvador Sweatshop Allegations
In response to a report from that National Labor Committee that claimed that NFL jerseys were sewn under illegal sweatshop conditions in El Salvador, Reebok issued a statement saying it had conducted its own initial investigation and “believe there are a
