DSW and Zappos Settle Lawsuit
DSW Inc. and Zappos have settled a lawsuit over affiliated online marketing that included the DSW name, the companies said in a statement. As reported, DSW Inc. filed a lawsuit in May 2008 charging Zappos.com Inc. with misuse of DSW service marks. The sui
VW Signs Multi-year Major League Soccer Deal
VW Volkswagen of America entered into a multi-year deal with Major League Soccer (MLS) and its marketing arm, Soccer United Marketing. Tim Ellis, VP of marketing, Volkswagen of America, Inc., noted in a release that the relationship builds a relationship
Columbia/Easton Earn MC Sports Vendor Awards
MC Sports recognized Columbia Sportswear and Easton Sports as the softlines and hardlines vendors of the year for 2008, respectively. Mike Prock from Asics won the softlines rep of the year while Scott Cusack with HMT Marketing earned the nod hardlines re
RECALL: 2009 Electra Bicycles with Front Trays
The U.S. Consumer Product Safety Commission, in cooperation with Electra Bicycle Company LLC of Vista, CA, has issued a voluntary recall of 2009 Model Electra Bicycles with Front Trays. Consumers should stop using recalled products immediately unless othe
$26 Million in Wetland Grants Awarded
Secretary of the Interior Ken Salazar said the the Migratory Bird Conservation Commission has approved more than $26 million in grants to protect and restore more than 200,000 acres of wetland areas and wildlife habitat in the United States and Mexico…
Hanesbrands Amends Credit Agreement
Hanesbrands Inc., the parent of Champion, amended its first-lien credit agreement and is aiming to reduce its long-term debt in 2009 by at least $300 million. The amendment applies to the company's $990 million of term loans, as well as its revolving
Luxottica Q4 Sales Rise 4%, Earnings Drop 44%
Luxottica Group S.p.A., the parent of Oakley and Sunglass Hut, reported forth quarter sales rose 4% to €1.24 billion ($1.58 bn) from €1.19 million ($1.51 bn). At constant exchange rates, sales were unchanged at current exchange rates. Assuming the inclusi
Pacific Sunwear Sales Slide 8.5% in Fourth Quarter
Pacific Sunwear of California, Inc.'s decreased 8.5% in the fourth quarter ended Jan. 31, to $351.7 million from $384.3 million a year ago as comps slumped 10%. The company recorded a loss from continuing operations of $27.6 million, or 42 cents a sh
REI Receives 2009 Social Innovation Award
Recreational Equipment, Inc. (REI) has received a 2009 Social Innovation Award by the Financial Times and JustMeans in recognition of the company's social and environmental efforts…
RECALL: Tippmann A-5 Paintball Markers
The U.S. Consumer Product Safety Commission, in cooperation with Tippmann Sports announced a voluntary recall of about 13,000 Tippmann A-5 Paintball Markers. Tippmann Sports, based in Fort Wayne, IN, has received three reports of the end cap assembly brea
Crocs Names Managing Director, Europe
Crocs appointed Robin Akeroyd as managing director of Crocs Europe BV. He succeeds Dick Wijsman, who established the company in Europe four years ago and will continue his work at Crocs in a global position. Akeroyd has been the Deputy Managing Director o
AVIA Adds to Triathletes Team
AVIA, which is part of American Sporting Good, added Eneko and Hector Llanos to its team of professional triathletes. Spanish natives, the Llanos brothers have spent over a decade racing at triathlon events around the world including the Olympics…
Christy Sports Seeks Rehearing in Deer Valley Case
Christy Sports has asked a federal appeals court to rehear its case against a Utah ski resort. Christy alleges that Deer Valley ski complex in Utah violated antitrust laws by restricting Christy Sports from offering ski rentals and competing with a resort
Dick’s SG’s Comps Slide 8.6% in Q4; Sees Comps Down 8% to 12% in 2009
Dick's Sporting Goods, Inc. saw a net loss of $104.4 million, or 93 cents a share, in the fourth quarter after a non-cash impairment charge and costs related to the Golf Galaxy and Chick's Sporting Goods integration. Excluding the special items,
Sperry Top-Sider to Sponsor Yacht Race
Sperry Top-Sider will serve as the exclusive footwear sponsor of the inaugural New York Yacht Club Invitational Cup to be held Sept. 15-19, 2009, in Newport, R.I., as well as be involved in additional New York Yacht Club events…
