Columbia Sportswear’s Q3 Revenues Slide 4 Percent
Columbia Sportswear Co. reported third-quarter earnings were down, but exceeded internal expectations, prompting the outdoor apparel giant to raise its full-year EPS guidance…
RECALL: Rim Tape for 800 Flo Cycling Wheels
Flo Cycling LLC of Las Vegas is recalling bicycle wheel rim tape provided with about 800 wheels because it can fail and break under pressure…
Adidas Claims Victory in Nike/Flyknit Lawsuit
A German court ruled a temporary injunction brought by Nike over Adidas sales of the Adizero Primeknit running shoe cannot be sustained, according to a report in Reuters…
Target Settles Toning Footwear Lawsuit
Target Corp. has settled a consumer lawsuit over claims that its private-label TrimStep toning shoes didn’t perform as advertised. According to public filings, the settlement occurred earlier this month after a federal judge in July denied Target
Sports Direct Sales Surge in August and September
Sports Direct International said sales rose 18.0 percent in the nine weeks ended Sept. 30, to £402.7 million…
Mississippi Jury Rules in Favor of Riddell
Riddell announced that a jury in the United States District Court for the Southern District of Mississippi unanimously ruled in favor of Riddell in a case which challenged the protective qualities of Riddell’s football helmets. A spokesperson for Ri
Puma SE Q3 Earnings Plummet on Margin, Expense Woes
Puma SE reported that third quarter consolidated sales grew by 6.0 percent in euro terms and by 0.5 percent currency adjusted to €892.2 million ($1.12 bn). Net earnings fell by 85.1 percent to €12.2 million, or 81 cents per diluted share. Foot
Bridgedale Seeking North American Distributors
Bridgedale said Garmont NA will continue to distribute its socks in North America through mid-December, while Bridgedale seeks new distribution partners for the region. As reported in September, Garmont NA will relinquish its distribution deal with Bridge
Hanesbrands Counters Cotton Prices with Cost Cuts to Grow Q3 Profits
HanesBrands reported that sales for Champion activewear and Gear for Sports licensed apparel increased, but higher cotton costs suppressed segment operating profitability in the third quarter. Still, the company grew overall profits faster than sales duri
Iconix Acquires Umbro from Nike
Iconix Brand Group, Inc. signed a definitive agreement to acquire the Umbro brand and related intellectual property assets from Nike, Inc. for $225 million in cash. The transaction is expected to close by the end of the year…
The Bike Cooperative Adds Two Vendors
Profile Design and Bellwether have officially joined The Bike Cooperative’s growing family of supplier partners. Effective immediately, members of the cooperative will earn rebates on purchases of both brands and receive an additional co-op-exclusiv
Wolverine Appoints New VP and GM for Cushe
Wolverine Worldwide appointed Michael Hebreard as vice president and general manager for the company’s Cushe brand. Hebreard will assume the role currently held by Guillermo Perez, who will take on the newly established position of vice president, L
Reebok-CCM and MC10 to Launch Sports Impact Indicator
Reebok-CCM Hockey and MC10 Inc. announced that early next year a new wearable sports impact indicator that identifies impacts to the head during play, will be made commercially available to consumers. The impact indicator, which was developed through the
Skechers Sales Rise 4 Percent in Third Quarter
Led by strength in its domestic wholesale division, company-owned retail stores and international distributor business, Skechers USA, Inc. reported sales improved 4.2 percent in the third quarter, to $429.4 million, compared to $412.2 million in the third
Jarden Outdoor Solutions Sales Slip 7 Percent in Third Quarter
Jarden Corp.’s Outdoor Solutions segment reported sales of $657.6 million in the third quarter ended Sept. 30, down 7.0 percent from the year earlier period. The nearly $50 million decline reflected an expected drop in sales by its snowsports brands
