adidas Settles Three-Stripe Lawsuit Against Wal-Mart
adidas AG settled a trademark-infringement lawsuit accusing Wal-Mart Stores Inc. of copying its three-stripe design on sneakers. adidas and Wal-Mart filed a joint request on Aug. 29 to dismiss the three-year-old case in federal court in Portland, OR. A ju
Warrior Files $30 Million Lawsuit Against the NCAA
Warrior Lacrosse has filed a lawsuit against the NCAA seeking damages of more than $30 million they say will be caused under new men's lacrosse equipment rules. The rules in question detail the size of the lacrosse stick head…
Quiksilver to record ‘Significant’ Loss on Rossi Sale, DC Leads the Pack in Fiscal Q3
Quiksilver, Inc. ended its fiscal third quarter with a sales increase derived largely from the effects of shifting currency exchange rates, but the prospect of getting the Rossignol business off the books helped to buoy management’s outlook. As detailed
Ashworth Partners with Golf Channel
Ashworth, Inc. has partnered with Golf Channel as the golf-apparel supplier for Golf Channel's new season of “Big Break X: Michigan,” which debuts October 7. The show's eight two-person teams have been supplied Ashworth product from the company&
Athletic Footwear a Ray of Sunshine in Cloudy August
As the numbers roll in for the retail fiscal month of August, it is pretty clear that retailers are looking to athletic footwear to keep footwear sales numbers in positive territory. While the later back-to-school season has clearly impacted retailers, a
Cole Haan Launches Sharapova Collection
Cole Haan, a subsidiary of Nike, announced Maria Sharapova will serve as a lead collaborator and the face of Cole Haan Sporting, a new collection for Spring 2009, rooted in sport and fashion. The collection introduces new technologies like Flywire which b
August Retail Sales Hurt by Economy, Inventories
Based on preliminary input from a number of executives reporting August retail comparable store sales results last week, the slumping housing market, higher fuel prices and an overall weaker economy wasn’t the only reason for a disappointing back-to-schoo
Dick’s Sporting Goods Sees Lodge Business as Toughest; Golf Also a Struggle
Speaking at the Goldman Sachs Global Retailing Conference, management from Dick’s Sporting Goods provided a bit of additional color into its business and also some insight into its prospects for the future as they drive their ultimate goal for 800 stores.
Acushnet to Shift Production to Asia
The Acushnet Company plans to produce its top-selling Titleist Pro-V1 golf balls in Asia within 3 to 5 years. The company will trim domestic production of the Pro-V1 by about 20% and eliminate an estimated 100 jobs through attrition in coming years, accor
Ocean Minded Names General Manager
Ocean Minded, Inc., which was acquired by Crocs in 2007, has appointed Andrew Palmer to fill the newly created position of general manager. Palmer joins Ocean Minded with more than 20 years of experience in the action sports market. Notably, Palmer was co
Neiman Marcus August Comp Sales Remain Flat
Neiman Marcus, Inc. announced that in the four-week August period, comparable revenues in the Specialty Retail Stores segment (which includes Neiman Marcus Stores and Bergdorf Goodman) decreased 0.4%. Revenue growth trends were the strongest in the compan
Ross Sees Slight Increase in Comps
Ross Stores, Inc. today reported sales of $504 million for the four weeks ended Aug. 30, 2008, a 9% increase over the $461 million in sales for the four weeks ended Sept. 1, 2007…
Target’s August Comps Decline 2.1%
Target Corp reported that its net retail sales for the four weeks ended Aug. 30, increased 3.1% to $4.85 billion from $4.7 billion a year ago. August comparable store sales declined 2.1%…
TJX Comps Flat as BTS Sales Spill into September
The TJX Companies, Inc. reported that sales for the four-week period ended Aug. 30, 2008, rose 4% to $1.5 billion on flat comp store sales. The off-price retailer, which owns Marshalls, said the performance was below plan due to unanticipated foreign exch
Filson to Open Store in Pearl District
Filson announced it will open a new store in the Pearl District in Portland, OR this November, joining the likes of outdoor retailers REI, lucy and Icebreaker. The new store will occupy 2400 square feet on the ground level of the historic Confectionery Bu
