Puma Shares Rise On PPR Takoever Rumours
Shares in Puma rose almost 10% on Thursday on market talk the French group, PPR could launch a bid for the German sportswear group. PPR reportedly has plenty of firepower to make medium or large acquisitions. At the end of 2006 PPR had roughly 1.5 billion
Foot Locker to Launch Former Knick John Starks Apparel Line
Former NBA All-Star and New York Knicks legend John Starks has partnered with ZipWay on a new athletic apparel line. The breakaway pant collection launches at 150 Foot Locker stores around the country on April 13…
Peregrine Distribution Inks Deal with OTB
Peregrine Distribution Services has signed its newest client, OTB (Over the Beach) Boots, based in Scituate, MA, manufacturer’s of a new line of specialized boots for the outdoors. Peregrine will provide warehousing, order fulfillment and customer service
adidas to Consolidate Distribution in Spartanburg, SC
The adidas Group will consolidate the adidas brand’s apparel distribution center in Hebron, Ky., its footwear distribution center in Spartanburg, S.C., and the Reebok brand’s apparel distribution center in Memphis, Tenn., and its footwear distribution cen
Podium Venture Group Eyes Corduroy Surf Company
Podium Venture Group, Inc. has retained first option to acquire a majority interest in Corduroy Surf Company – a surf equipment, apparel, and art retailer with both storefront and online sales planned…
Thule Inks Promotional Deal with World’s Strongest Man Super Series
Thule, Inc. has partnered with the World's Strongest Man Super Series to launch its Professional line of contractor-grade rack systems and accessories during the Grand Opening Event of Joe's Sports, Outdoor & More in Bellevue, Washington…
Stride Rite Sees More Keds Weakness Fiscal Q1…
The Stride Rite Corporation saw continued weakness in the Keds business cut into gains elsewhere for the company’s fiscal first quarter ended March 2. Net income growth still outpaced sales growth by a wide margin for the quarter, due in large part to a
Yue Yuen Sees Balanced Growth Across Most Business Segments…
Yue Yuen Industrial Ltd, which manufactures footwear for many major athletic brands, again saw most of its growth come from expansion of its owned-retail business in the fiscal first quarter ended December 31. Overall net revenues rose 9.4% to $960.3 mill
SGMA: 2006 Sporting Goods Growth Outpaces Overall Retail…
According to the Manufacturers Sales by Category Report issued by SGMA, wholesale sales growth of sporting goods, sports apparel, athletic footwear, licensed merchandise, and recreational transportation products outpaced overall growth seen on the retail
The Finish Line Q4 Hurt by Weakness in Urban, Mid-Price Product and Paiva Costs…
The Finish Line, Inc. saw considerable pain in its urban formats in the fiscal fourth quarter ended March 3 and pointed to increased promotional activity and lack of differentiation in the mall as the primary reasons for the overall weakness in the athlet
Outdoor Apparel Thrives Through Slow Winter…
Apparel has quickly become the driving force behind sales growth for most outdoor retailers, whether big box or specialty. The softgoods category speaks to consumers from nearly all disciplines and even the customer who has never spent a week hiking the A
Mike Ashley Buys adidas Stake; RBK Moves EU Headquarters
Sports Direct’s Mike Ashley has invested £183 million ($350 mm) on a 3.14% stake in adidas. The entrepreneur used his own resources to buy the adidas stake, rather than those of Sports Direct…
Dynacraft Bikes Recall
The CPSC and Dynacraft BSC Inc., of American Canyon, Calif. are recalling about 32,000 Triax PK7 and Vertical PK7 Bicycles. The bicycles were manufactured by Shun Lu Bicycle Company of Guangdong, China…
Johnson Outdoors Receives $500,000 Grant
Johnson Outdoors has been awarded $500,000 by New York's Empire State Flood Recovery Grant Program after its Binghamton, NY tent manufacturing facility was damaged in June of 2006. The grant will be made in two payments: half upon approval of the app
Peter Devin Exits Role at Nielsen and Outdoor Retailer Show
Peter Devin, the outdoor group director for Nielsen in charge of the Outdoor Retailer and Fly Fishing Retailer trade shows, has decided to move on to pursue other opportunities “within and around” the outdoor industry. Devin spent five years working to cr
