Vasque Names Brandywine River Reps 2008 Sales Agency of the Year
Vasque has named Brandywine River Representatives, LLC, its 2008 Sales Agency of the Year. Brandywine River Representatives had the highest percent growth both in both dollars and pairs of shoes in 2008…
Superfeet Named Official Insole of the Canadian Snowboard Federation
Superfeet Worldwide Inc. has been named the official insole of the Canadian Snowboard Federation (CSF) through 2011. Working closely with the CSF, Superfeet representatives fit Canada’s National Snowboard Team athletes, coaches and trainers with premium i
Cybex Posts Loss After Charge
Cybex International, Inc. reported sales in the fourth quarter dropped to $39.3 million from $44.5 million a year ago. The company reported a net loss for the fourth quarter of 2008 of $10.9 million, including an $11.3 million goodwill impairment charge,
Yakima Names Robb Sports Sales Agency Of The Year
Yakima has named Robb Sports, located in Gainesville, Georgia, as sales agency of the year. Criteria for this designation include a combination of sales growth, new account development, new product placement and…
CPSC Clarifies Policy for New Lead Limits In Children’s Products
U.S. Consumer Product Safety Commission has announced that, starting Feb. 10, 2009, consumer products intended for children 12 and under cannot have more than 600 parts per million of lead in any accessible part. This new safety requirement is a key compo
Sport Supply Group Q2 Net Sales Slip 1.7%
Sport Supply Group, Inc. said net sales for earnings per share for its fiscal second quarter ending Dec. 31, 2008 were 4 cents per fully diluted share. Net sales for the quarter declined 1.7%. Commenting on the quarter and year-to-date Results, Adam Blume
Nike to Lay Off Up to 4% of Employees
Nike Inc. plans to eliminate up to four percent of its nearly 35,000 people worldwide workforce as part of a restructuring and cost-cutting initiative. The company called it the “next stage of its category business model execution, which includes the rest
Cleveland Golf/Srixon Forms National Advisory Board
Cleveland Golf/Srixon has formed a new advisory board made up of some of the most influential names in the game of golf. This new advisory board’s principal role will be to offer guidance pertaining to all Cleveland Golf/Srixon brands. They will offer adv
Industry Chains Continue Respective Trends in January
Pacific Sunwear of California reported that total PacSun sales for the fiscal month of January declined 8% to $54.7 million from $59.6 million in the year ago period. PacSun comp sales dropped 11% for the month…
Chernin’s to Shutter Doors
Chernin's Shoe Outlet LLC, the discount footwear retailer, is going out of business. The Chicago-based chain filed for Chapter 7 bankruptcy, listing assets of between $500,000 and $1 million and liabilities of between $1 million and $10 million. Che
Layoffs at Brown Shoe and Macy’s
Macy's Inc. and Brown Shoe Co. joined a number of companies announcing major layoffs to streamline operations in the face of the recession. Macy's plans to cut 7,000 jobs, or 4% of its workforce, while Brown Shoe, the parent of Famous Footwear,
Wolverine World Wide Maintains Full Year Sales Growth Despite Q4 Decline
Wolverine managed to maintain full year sales growth despite difficult trading conditions in the fourth quarter that led to decreased sales from last year’s fourth quarter. Growth for the year was once again driven by the company’s Outdoor Group and more
Twins Enterprise Rebrands
Twins Enterprise is shifting directions to show off the brand's heritage and the unique story of how the company has come to be a major player in the sports licensed products market…
Crocs Asks Distributors to Absorb IP Enforcement Fees
Crocs is taking steps to save a few dollars by not spending as much on legal fees. The company has created a new model of intellectual property rights enforcement activity in all distributor regions in which distributors contribute to legal fees…
Amer Q4 Profit Hurt by Steep Declines in Americas
Double-digit declines in the Americas region caused Amer Sports' Q4 sales to dip slightly to €495.3 million ($653.2 mm) versus €497.1 million ($720.0 mm) in the year-ago period. Currency fluctuations added 3% to the sales figures for the priod. Und
