New Balance Inks New Korean Distributor
New Balance has entered into an exclusive 11-year Korea distribution agreement with E-land, also known as The Group, an integrated fashion and retail company in Korea, as part of the company’s plan to expand its presence in key international markets
ASI Acquires Oval Concepts
Advanced Sports, Inc., the parent company of Fuji and Kestrel bicycles, has purchased the Oval Concepts brand, trademarks and tooling and has entered into a license agreement for its patented JetStream and SCCS technology. Silver Steep Partners served as
Aetrex Settles Software Lawsuit
The Business Software Alliance (BSA), an advocate for the commercial software industry, announced settlements with BreakAway Ltd. of Hunt Valley, MD and Aetrex Worldwide, Inc. of Teaneck, NJ. Breakaway paid $75,000 and Aetrex paid BSA $100,000 in damages.
Sports Direct Raises Full Year Forecast
Sports Direct International Plc reported lower pre-tax profit for the first half of the year ended Oct. 25, hurt by lower gross margins and finance income compared to last year, notwithstanding a more than 10% increase in revenues…
Forzani Sales Up 4.1% on 2.3% Rise in Comps
The Forzani Group Ltd. said sales rose 4.1% to Canadian $255.3 million (US$242.9 mm) for the third quarter ended Nov. 1, 2009, compared to CN$245.3 (US$233.4 mm) for the same quarter a year ago. Same store sales for the period rose 2.3% compared to 3.8% i
Nike 6.0 Continues Sponsorship of NSSA
The NSSA (National Scholastic Surfing Association) announced an extended and upgraded two-year partnership with Nike 6.0. This new partnership designates Nike 6.0 as the “Official apparel and shoe sponsor of the NSSA.”…
Under Armour Opens NYC Pop-Up Store
Under Armour opened its first pop-up store in New York City. The 3,300 square foot store, at 3 West 57th Street, displays several of the uniforms for the U.S. team members competing in the Vancouver 2010 Olympics. These include the USA Freestyle Ski team
Nautilus Sells Portion of Commercial Assets
Nautilus, Inc. has entered into definitive agreements for the sale of certain assets of its commercial business to Fit Dragon International Ltd. for $12.3 million. The agreements provide for the sale of certain assets of StairMaster and Schwinn Fitness, i
Columbia Sues Crocs Over Trade Secrets Dispute
Columbia Sportswear Co. is now suing Crocs Inc. for misappropriating trade secrets in a lawsuit involving a former footwear designer. The accusations were added to a lawsuit Columbia filed in August accusing Brian O'Boyle of designing footwear for Cr
The Athlete’s Foot Launches “The 12 Days of TAF”
The Athlete's Foot (TAF) is presenting “The 12 Days of TAF,” an online sweepstakes, taking place December 11-22. During the sweepstakes period, customers can visit www.theathletesfoot.com to enter for a chance to win a brand-exclusive adidas Remix sh
Yue Yuen November Revenues Down 3%
Yue Yuen Industrial (Holdings) Ltd. said its operating revenue in November fell 3.0% from a year earlier to US$436.5 million from $450.1 million in the same month last year…
Burton Unveils US Snowboard Team Uniforms
Burton unveiled its US Snowboard Team Uniforms for the upcoming 2010 Winter Olympics. The uniforms were made through a partnership with the Gore-Tex brand, the official fabric of the 2010 US Snowboard Team's Olympic outerwear…
Somnio Running Appoints New Director for Somnio Europe
Customizable running shoe brand, Somnio Running, announced that Saskia Stock has been named Managing Director for Somnio Europe…
DSW Partners with Miss America
DSW Shoe Warehouse will become the official provider of shoes for the Miss America pageant and a national sponsor for The Miss America Organization…
SGMA Gets LinkedIn
SGMA has launched a LinkedIn Group Page with more than 950 members. The group, which is run by SGMA, provides a forum for anyone in the sporting goods industry to discuss topics ranging from football helmet safety to the latest in social media…
