Nike’s North America Momentum Can’t Offset China Concerns
Nike Inc., largely as expected, reported earnings slid 12.1 percent in its first quarter ended Aug. 31 due to lower gross margin, higher SG&A, unfavorable currency translation and an increase in the tax rates. Excluding currency changes, revenues were up
German Court Grants Nike Patent Infringement Injunction on Adidas
Nike Inc. won a temporary injunction from the District Court in Nuremberg that prohibits Adidas from selling the adiZero Primeknit. Nike claimed in its suit that the shoes infringe on its Flyknit patent…
Moosejaw Expanding Headquarters
Moosejaw has exercised its option to lease an additional 36,878 square feet of space at its headquarters building in Michigan to accommodate its growth…
California State Park Closures On Hold for Two Years After Budget Fiasco
Assembly Bill (AB) 1478 places a two-year moratorium on the closure of state parks. The bill was crafted in response to the discovery in mid-July that now-former officials at the Department of Parks and Recreation concealed a $54 million surplus over a pe
Advertisers Shift More Dollars to Mobile Search in Q3
U.S. mobile and tablet search grew to 16.3 percent from 14 percent of total search budgets and had a year-over-year (YoY) increase in spend of 167.5 percent in the third quarter of 2013, according to IgnitionOne’s new Quarterly Online Advertising re
EORA Launches Grant Program
EORA (Eastern Outdoor Reps Association) is launching an Outdoor Opportunity Grant Program beginning in January 2013. In an effort to support local communities in each of its three (3) eastern regions, the EORA is…
U.S. Open Champion Webb Simpson Joins Izod
PVH Corp. announced a multi-year marketing partnership between its Izod brand and 2012 U.S. Open champion Webb Simpson…
Nathan Hires Two Regional Sales Managers
Nathan has hired Lindsay Cousley and Mike Haky to the role of regional sales managers in key territories for the running accessories brand…
Modell’s Makes Donation to Hoboken Charter School
Modell’s Sporting Goods is donating $5,000 worth of equipment to the Hoboken Charter School. A four-alarm fire caused heavy damage to the school's permanent location at 713 Washington St. on Sept. 6, displacing the roughly 200 kindergarten thro
Study: Running Marathons Safe for Older Adults
A study of marathon participants older than 50 years of age has found similar temporary effects as those found in runners between 18 and 40 years of age. Any cardiac abnormalities during a marathon disappear within a week after completing a race…
Vibram USA Named Grassroots Outdoor Alliance Vendor Partner
Vibram USA, Inc., which turned Vibram FiveFingers into a $100 million brand within five years of launching the footwear brand through specialty retailers, has joined Grassroots Outdoor Alliance as a vendor partner…
Cabela’s to Open Outpost Store in Montana
Cabela’s Inc. plans to open a Cabela’s Outpost Store in Kalispell, MO. Construction on the 42,000-square-foot location is scheduled to begin in spring 2013 and Cabela’s expects to open the store in the fall of 2013. The Cabela's Out
Nike’s Q1 Profit Slides 12 Percent, Nike Brand Futures Ahead 6 Percent
Nike Inc. reported earnings slid 12.1 percent in its first quarter ended Aug. 31 due to lower gross margin, higher SG&A and an increase in the tax rate, but results still came in ahead of Wall Street's estimates. Revenues for Nike, Inc. increased 10
DSW Opens In Brea, CA
DSW Inc. opened a new store in Brea Plaza in Brea, CA on Sept. 27…
AAFA Welcomes Pending Burma Sanctions Lift
The American Apparel & Footwear Association (AAFA) welcomed the announcement by the Obama Administration that it will begin the process of lifting sanctions against Burma (also known as Myanmar), including a ban on U.S. imports from that country…
