REI Sees Double Digit Sales and Income Increases in 2006
REI finished 2006 with strong top-line increases and income out-pacing sales gains. Adding to the company’s 9.5% comp-sales increase for the year, REI opened seven new stores — Santa Monica, Calif., Mountain View, Calif., Chula Vista, Calif., Maple Grove
Sunny’s Great Outdoors To Liquidate…
Sunny’s Great Outdoors filed for bankruptcy in early February and is closing the majority of its doors, according to court documents. The Elkridge-MD-based retailer operates 15 stores around the Mid-Atlantic region and employs 150 full-time and part-time
Blacks Leisure to Close 45 Stores in U.K…
Blacks Leisure will close about 45 unprofitable stores over the next two years. The company made the announcement shortly after it revealed sales will be flat for the 2006 year, which ended at the beginning of February. The retailer said these closures re
Earth Products Names VP of Marketing
Earth Products has promoted Jeff Taylor to the position of vice president of marketing. Taylor’s duties will include leading the global marketing efforts for all Earth Products brands, as well as new business development and integration…
TYR Sport Extends Australian Licensee Deal
TYR Sport Inc. will continue its relationship with Australian licensee, Acier, for the next five years. In one of the largest competitive swimwear markets in the world, TYR, the company says, has developed into the second largest competitive swimwear bran
Adidas Launches Next Phase of Impossible is Nothing Campaign
Adidas launched the next phase of its Impossible is Nothing campaign. Under the new effort, more than 30 athletes tell their 'Impossible' stories using their own hand-drawn illustrations and paintings. The campaign will launch with a globally in
Accell Group Sales and Earnings Climb in 2006
The Accell Group reported that 2007 fiscal year sales increased 17% to €431.7 million ($559.9 mm). Organic growth for the full year came in at 9%. The acquisitions of Seattle Bike Supply and Webena Sport, added 7% to the top line. Earnings per share on th
Mion Launches Second Annual Film Award Program
Mion Footwear, a division of Timberland Co., said it is now accepting entries for the second annual Mion Solutions Environmental Film Award Program…
Blacks Leisure to Close 45 Stores
Blacks Leisure, the United Kingdom outfitter, will close about 45 loss-making stores after it revealed sales will be flat for the year to February…
Nike Plots New Distribution Center in Memphis
Nike, Inc. reached an agreement to acquire a 125-acre land parcel in Memphis, TN, known locally as Northridge, where it plans to build a new 1 million square foot footwear distribution center. The land purchase agreement was signed March 1, 2007, by Nike
Nike to Build 1 Million Square Foot D.C. in Tennessee
Nike, Inc. has reached an agreement to acquire a 125-acre land parcel in Memphis, Tennessee, known locally as Northridge, where it plans to build a new 1 million square foot footwear distribution center. The land purchase agreement was signed March 1, 200
The Athlete’s Foot Taps Warschawski as Agency of Record
Warschawski has been retained by The Athlete’s Foot as its agency of record. Terms of the agreement were not disclosed. Warschawski is responsible for handling all public relations for The Athlete’s Foot on a national level, including strategic planning,
Gander Mountain Goes Green
Gander Mountain is purchasing renewable energy to offset 100 % of the electricity used in all its Minnesota, North Dakota, Iowa, Kansas and Colorado stores as well as their St. Paul, Minn., headquarters. This landmark purchase of renewable energy credits
L.L. Bean Donates $1 Million to Freeport Park
L.L.Bean will give $1 million to the town of Freeport for the development and donation of a public green space/park that will include trails, a skating pond, picnic benches and shelters. The company, based in Freeport, said the donation was made in honor
Globe Sees Sharp EBITDA Gain on Flat Revenues
Globe International saw effectively flat revenues of A$97.8 million ($73.7 mm) for the first half of fiscal 2007, but manged to double EBITDA to A$2.5 million ($1.9 mm), up from A$1.2 million ($0.9 mm) during last year's half. These results include t
