MEC Wins Canada’s Governance Award
Mountain Equipment Co-Op (MEC) is the overall winner of The Conference Board of Canada/Spencer Stuart 2008 National Awards in Governance, for its implementation of a sustainability strategy to ensure its short and long term success. MEC was the winner of
Speedo Unveils LZR RACER
To celebrate its 80th anniversary, Speedo launched the new SPEEDO LZR RACER, which the company said independent tests has shown to be the world’s fastest swimsuit. A retail version of the suit will go on sale in May 2008…
Wolverine World Wide Hikes Dividend by 22.2%
Wolverine World Wide, Inc. declared a quarterly cash dividend increase of 22.2% to 11 cents a share. The dividend is payable on May 1, to stockholders of record on April 1, and represents a 44 cents per share annual dividend…
Converse Launches New Dr. J. Commercial
To celebrate 100 year anniversary, Converse will launch a television spot featuring one of its biggest former endorsers, Julius “Dr. J” Erving. The :15 second television spot features slow motion game footage of a famed Dr. J. dunk from the 1985-86 NBA s
prAna’s Opens Boulder Flagship Store
Only two weeks after the founders and management of prAna bought their company back from Liz Claiborne, prAna on October 13 opened its flagship store in a prime location on the Pearl Street mall in Boulder. The upper level will be dedicated to showcasing
New Era Launches ‘Spike Lee Joint’ Collection
New Era Cap Co., Inc. will be expanding its relationship with filmmaker and devoted New York sports fan Spike Lee with the launch of a new series of exclusive caps dubbed the “Spike Lee Joint” Collection. The new “Spike Lee Joint” series will feature one
CNBC to Broadcast Hour Long Documentary on Nike
CNBC will premiere, “Swoosh! Inside Nike,” on Tuesday, February 12th at 10PM & 1AM ET. The hour long documentary, reported by CNBC sports business reporter Darren Rovell promises to gives viewers “unprecedented access to a major public company.”…
Aldila Signs Credit Facility
Aldila, Inc. announced that it has signed a credit facility with Key Bank National Association for up to $15 million in borrowings. It plans to use borrowings, plus funds on hand from its previously announced sale of its 50% interest in Carbon Fiber Techn
Nike Adds VP of Footwear Design
Nike, Inc. has named Peter Hudson as VP of footwear design, responsible for inspiring, directing, and developing Global Footwear Design for the Nike brand. He will report to Sandy Bodecker, Nike’s VP of global design and Eric Sprunk, Nike’s VP of global f
Wolverine Adds Gerber to Board of Directors
Wolverine World Wide, Inc. appointed William K. Gerber to the company's Board of Directors. Mr. Gerber has not been appointed to serve on any committees of the company's Board of Directors…
Adams Golf Shareholders Approve Reverse Split
Adams Golf, Inc. stockholders approved at a special meeting of its stockholders February 4, 2008 an amendment to the company’s certificate of incorporation to effect a one-for-four reverse stock split of the outstanding shares of the company’s common stoc
Recession Fears Trigger Weaker January Retail…
January at retail showed signs that the coming recession might finally have arrived as retailers in general posted comparable store sales declines for the month. Due to the 53rd week in 2006, net sales results for the four-week January month this year co
Recession Fears Trigger Weaker January Retail…
January at retail showed signs that the coming recession might finally have arrived as retailers in general posted comparable store sales declines for the month. Due to the 53rd week in 2006, net sales results for the four-week January month this year co
PacSun Moves Further From demo and Footwear, As Zumiez Sees Growth Rate Slow…
Pacific Sunwear of California, Inc. saw net sales for the four weeks of fiscal January decrease 3.7% to $66.3 million from $68.9 million for the same four week period in the prior year. By concept, PacSun total sales were $59.6 million, a slight increase
Outdoor and SnowSports Deals Abound…
It was a busy and a good week for the outdoor and snowsports industries with five acquisitions, including two that could restore the luster of authentic brands hindered in recent years by botched acquisitions. The deals came in several flavors, including
