NRF Calls on Congress to Pass Stimulus Legislation
The National Retail Federation called on Congress to hold a “lame duck” session to address the nation’s economy as soon as possible after the November elections, and to include tax relief for consumers in any economic stimulus package…
Gunnison Endurance Project Partners with SportHill
The Grand Canyon Rim to Rim to Rim or R2R2R run record attempt will kick off GEP’s partnership with apparel maker SportHill. GEP/La Sportiva/SportHill runners will attempt to race from the south rim to the north rim and back to the south rim, a distance
TaylorMade-adidas Appoints COO
TaylorMade-adidas Golf Company promoted Pete Sanchez to the position of COO. In his new role, Sanchez will oversee the company's engineering, supply chain, sourcing, procurement and all manufacturing operations. Sanchez joined TaylorMade-adidas Golf
Amer Sued by Avocet Sports Technology
Avocet Sports Technology, based in Menlo Park, CA, has filed a lawsuit against Amer Sports and its subsidiary, Suunto USA, for infringing on three patents for altimeter devices. The suit seeks monetary damages in excess of $20 million…
Sole Technology Names European Manager
Sole Technology promoted Jan Van Leeuwen to general manager and VP of its Amsterdam-based European headquarters. As general manager, Van Leeuwen will direct and oversee all operational efforts for each of the brands for Europe…
Sports Illustrated Opens First Store
Sports Illustrated opened its first-ever retail store when Detroit Metropolitan Airport unveiled its new North Terminal on Sept. 17. The SI store features an array of branded consumer products including apparel, books and magazines as well as branded merc
MarineMax Expands Relationship with Hatteras, CABO
MarineMax, Inc. expanded its relationship with Hatteras and CABO. Specifically, MarineMax is adding CABO and Hatteras to its product offerings in NY and NJ. Prior to this expansion, MarineMax offered Hatteras and CABO in Florida and Hatteras in Texas…
Fortune Brands Declares Dividend
Fortune Brands, Inc. declared today a regular dividend of 44 cents per share on the Common Stock, payable in cash on Dec. 1, 2008, to stockholders of record at the close of business Nov. 12, 2008…
Fortune Brands Chairman Retires; CEO To Fill Role
Norm Wesley, chairman of the board of Fortune Brands, Inc. plans to retire after more than two decades with the company and nearly nine years as chairman. Bruce Carbonari, currently president and chief executive officer, has been elected chairman and chie
Gander Mountain Inks Deal for Private Label Credit Card
Alliance Data Systems Corporation signed multi-year agreements with Gander Mountain to provide new private label credit card and database marketing services in support of Gander Mountain's multi-channel business…
Nike, Inc. Helps Drive a Healthy U.S. Market
As the sky falls on Wall Street and industry retailers and vendors wring their hands in troubled anticipation of what the financial crisis facing Main Street will mean to their businesses, a little company outside of the sleepy Northwest city of Portland,
Industry Retailers Up Overall in Second Quarter
Retailers in the active sports lifestyle market posted strong sales growth for the fiscal second quarter, as sales grew 9.0% on a consolidated basis for the public company retailers tracked by Sports Executive Weekly. That high-single-digit sales increase
Collective Brands Reaffirms Full Year Guidance
Collective Brands Inc. reaffirmed its comparable store sales for the fiscal year, while providing further details of the impact from its acquisition of Stride Rite. The company confirmed expectations for comps to be below its long term target of low-singl
With U.S. Economy Teetering, Outdoor Brands Look to Owned-Retail
At the Thomas Weisel Partners Consumer Conference this week, several major outdoor brands outlined success stories and provided a mostly positive outlook for the future…
Gap Inc. Snaps Up Athleta for $150 Million
Gap, Inc., has agreed to acquire Athleta, Inc., the women’s sports and active apparel catalog company, for about $150 million in cash. The acquisition will help Gap break into the $31 billion women’s active apparel sector in the U.S., which is drawing att
