Merrell On Track to Be Wolverine’s First $1B Brand
Despite some concerns after the Merrell brand showed a single-digit growth rate in the second quarter, Wolverine still expects Merrell will eventually become the company's first brand to reach sales of $1 billion…
Eastern Mountain Sports Sponsors Conservation Festival
Eastern Mountain Sports plans to host “The Nor’easter powered by Eastern Mountain Sports” Sept. 26-28. The weekend festival will feature rock climbing competitions and clinics along with music from Rustic Overtones and Adam Ezra, among others…
Icebreaker Goes Live with CenterStone’s iVendix
Icebreaker, the New Zealand-based manufacturer of merino wool activewear, has gone live on CenterStone’s iVendix B2B e-commerce application. iVendix will provide Icebreaker’s sales reps and more than 2,000 dealers with a 24/7 on-line ordering solution in
Nike Launches $5B Stock Buyback Program
Nike Inc. announced that its board of directors had approved a new four-year, $5 billion program to repurchase shares of Nike’s Class B Common Stock. The new program will commence upon the completion of the company’s current $3 billion share repurchase pr
Gap Inc. Acquires Athleta for $150M
Gap Inc. has agreed to acquire Athleta Inc., the women’s sports and active apparel catalog company based in Petaluma, CA, for about $150 million in cash. The Gap said the acquisition will allow it to enhance its presence in the growing $31 billion women’s
Neville to Become CEO of Boathouse Sports
Shawn Neville, former president of Keds, has agreed to join Boathouse Sports, the performance-fabric team uniforms manufacturer, as its CEO, SportsOneSource has learned. The company, based in Philadelphia, currently produces team uniforms for eight sport
Nike to Pull Out of Competitive Swimwear
Nike Inc. on Monday confirmed that is pulling out of the competitive swimsuit market because the sport is not part of its long-term strategy. A spokesman said, “We will continue to supply coaches and collegiate institutions under Nike sponsorship with com
DC Opens Fourth Flagship in Orange County
DC, a subsidiary of Quiksilver, Inc., opened its fourth flagship store in the Irvine Spectrum Center in Irvine, CA. DC hosted a grand opening event on Saturday, September 20th. Located in the heart of Orange County, this is the closest flagship store to
Lion Brothers Names President
David F. Paulus was named president of Lion Brothers, the Owings Mills, MD-based manufacturer of apparel decoration and uniform identification. Paulus is an addition to the firm and reports to Susan J. Ganz who continues in her role as CEO…
SportsOneSource Expands Media Team; Creates Key Management Roles
The SportsOneSource Group has strengthened its media team and promoted a number of other employees to new positions of responsibility. SportsOneSource has hired Chuck Lee as group publisher and Lou Dzierzak has been appointed group editorial director. I
1% FTP Announces Launch of Online Store
One Percent for the Planet (1% FTP), a global network of businesses committed to the preservation and restoration of the natural environment, annouced the launch of an online retail store designed to support its members by offering their products online..
1% FTP Launches Online Store
One Percent for the Planet (1% FTP), a global network of businesses committed to the preservation and restoration of the natural environment, annouced the launch of an online retail store designed to support its members by offering their products online..
Patagonia Taps Nike for Europe Managing Director
Patagonia, Inc. announced the selection of Holger Bismann as Patagonia Europe’s new managing director. Drawing upon his thirteen-year tenure at Nike, Holger will provide positive leadership and direction to Patagonia’s European business, which is based i
SRAM Says Lehman Deal Moving Forward
Bicycle component maker SRAM said a deal to sell 40% of the company to a unit of bankrupt Lehman Brothers has not closed but is moving forward. If the deal falls through, SRAM will merely look for a new strategic financial partner to help finance its glob
Under Armour Finalizes USF Sponsorship
Under Armour has finalized a five-year contract to make Under Armour the outfitter of the University of Southern Florida (USF). According to the St. Petersburg Times, the agreement had been in since November. USF is currently ranked number 12 in the count
