Hanesbrands Staff Cuts Continue
Hanesbrands Inc., the parent of Champion and Duofold, eliminated 46 hourly employees at its service center in Martinsville, VA. Prior to the job reductions, the plant employed a workforce of approximately 300…
Lululemon Sees Net Income Down on Charges, Comp Sales Decline
Lululemon, Inc. management said they were pleased to have met earnings expectations in light of the current economic environment, but the company was not completely immune to its effects. The yoga lifestyle vertical retailer said they have been nimble an
Shock Doctor Gets Injunction Against XO Athletic…
Shock Doctor, Inc. said XO Athletic Company had consented to a permanent injunction prohibiting it from infringing Shock Doctor’s Gel Max Mouthguard patent…
Under Armour CEO Misses ’08 Bonus
Under Armour, Inc. CEO Kevin Plank voluntarily cut his $500,000 salary to $26,000 last year, according to a filing with the SEC. When the company recently fell short of its 2008 revenue target of $775 million by nearly $50 million, Plank also became ineli
Li and Fung 2008 Sales Up 20%; Profits Slip
Li & Fung Limited reported revenues for the year ended December 31 was HK$110.7 million ($14.2 million), a 20% increase from last year’s numbers…
NRA Hails Gun Advocates in Senate
The attempt to blame America’s lawful gun owners and its gun laws for the horrific violent acts of Mexican drug cartels continues, spurred on by Secretary of State Clinton and her foray south of the border…
USA Racquetball Appoints Marathon Projects as Licensing Agent
USA Racquetball (USAR), the national governing body for the sport of Racquetball and for the U.S. Olympic Committee, appointed Marathon Projects as its licensing agent. Marathon Projects will develop and oversee the program with a focus on a complementar
NGP Names Distributor for Middle East
National Golf Products (NGP) has named Synergy LLC as its official distributor in the Middle East. NGP's first partner in the Middle East, Synergy LLC, based in the Sultanate of Oman, is the region's leading supplier of golf maintenance equipmen
Ringstar Hires Director of Marketing and Brand Strategy
Chris Langathianos, a 12-year footwear veteran, has joined martial arts footwear manufacturer Ringstar, Inc. as Director of Marketing and Brand Strategy. In this new role, Langathianos will focus on developing the performance brand’s overall business stra
The Finish Line Narrows Q4 Loss Despite Comp Sales Decline
The Finish Line Inc.'s sales decreased 4.9% in the fourth quarter ended Feb. 28, to $364.1 million from $382.8 million a year ago. Consolidated comps were down 3.9%. By concept, comps were down 2.3% at Finish Line and 25% at Man Alive. The company re
ASICS Continues Sponsorship of Constantina Dita
ASICS Corp entered into a new four-year sponsorship contract for 2008 Beijing Olympic Marathon gold medalist Constantina Dita.The Kobe, Japan, sporting goods company has provided Dita with her footwear and clothing since 2003, and has had sponsorship agre
Targeted Endorsement Dollars Still a Wise Spend
Athlete and celebrity endorsement dollars are best spent when targeting a younger or minority sports or outdoor consumer in the U.S. That is one conclusion generated by the SportsOneSource 2009 Brand Strength Report that measures how American consumers v
Rossignol to Cut 30% of Workforce
Rossignol plans to reduce 30% of its global workforce, or about 450 jobs in total. According to www.france24.com, Rossignol chairman Bruno Cercley said in a statement that the layoffs were “unavoidable,” adding that the group was “determined to get back i
Jimmy Jazz Opens First Store in Indiana
Jimmy Jazz, the urban apparel and footwear chain, will be opening its first store in Indiana on April 3rd in the Lafayette Square Mall, located in the capital of Indianapolis. Additionally, Jimmy Jazz said it is anticipating up to 20 new store openings be
New Website Helps Merrell Raise Money for Youth Outdoors Legacy Fund
Merrell has raised $15,575 for Youth Outdoors Legacy Fund (YOLF) through online orders in the first month of its newly designed website. From Feb. 1 through Mar. 1, Merrell pledged to donate $5.00 per online order to YOLF, an organization that invests ann
