Dick’s Pittsburgh Marathon Slated
The 20th running of the Pittsburgh Marathon, now renamed the Dick’s Sporting Goods Pittsburgh Marathon, will take place Sunday, May 3, 2009…
Saucony Signs U.S. Olympic Marathoner
Saucony, Inc. has signed Olympic marathoner Magdalena Lewy Boulet to a multi-year endorsement contract…
VF Corp. Raises Q2 Guidance
VF Corp., the parent of The North Face, JanSport, Eastpak, Vans and Reef, says it may beat second quarter profit guidance because of stronger earnings from operations and a tax benefit. The company said its profit could exceed the 80 cents per share it pr
NSGA Sporting Goods 2008 Sales Forecast
The projected sales for the running/jogging sector of the sporting goods market has shown steady improvement over last year and is expected to continue this growth in 2008. Sales of running and jogging clothing rose 25 percent to $909 million from $726 mi
Retailers Take Price Increases in Stride for Spring/Summer 2009…
With deadlines for pre-season discounts on spring/summer 2009 product falling over the next two weeks, outdoor specialty retailers appear to be taking the largest wave of price increases in years in stride – in part because they were not as bad as anticip
Nike’s Q4 U.S. Backlog, Profit Drop Worry Analysts…
Nike, Inc. posted its 27th consecutive quarter of company-wide sales growth, but less than stellar domestic results led Wall Street to sell off the stock with a 7.8% overnight decline after Wednesday’s close. NKE shares ended the week down 9.6% to close a
Black Diamond Cuts Ties with Beal Ropes…
Black Diamond Equipment Ltd said it has amicably ended its formal partnership with Beal Ropes this month…
Outdoor Market Acquisitions: Nau, Karhu and PTI…
The deal making heated up last week in the outdoor industry as Horny Toad swooped in to pluck talent and trademarks from the remains of nascent lifestyle apparel maker Nau Inc.; Finnish brand Karhu was acquired by its U.S. footwear licensee; and Dorel Ind
Nikwax Puts Global Marketing Under U.S. Exec
U.K.-based Nikwax has put international marketing under Chas Fisher, the president of its North American unit. Fisher will be responsible for the strategic and tactical branding efforts of Nikwax in the global market. He will continue to oversee the compa
Customs Retreats on First Sale Rule…
At a June 24 hearing before the Senate Finance Committee, U.S. Customs and Border Protection (CBP) Commissioner Ralph Basham said his agency is no longer trying to revoke the First Sale Rule…
Forzani Acquisition Emerges from Bankruptcy
The Forzani Group Ltd. said that Athletes World Limited, a national retailer of athletic and recreation footwear and apparel it acquired out of bankruptcy in November, 2007, has emerged from CCAA protection….
Interbike to Remain in Vegas…
After two years of collecting data from potential host cities and polling retailers, manufacturers and industry partners, Interbike management announced the trade show will remain in Las Vegas. Interbike said that they are currently finalizing an agreeme
Charles River Secures Rights to TopShield
Charles River Apparel announced their nationwide launch of Charles River Sport, their shirt line made exclusively with TopShield moisture management fabric…
Report: VF Corp. Closes Three Costa Rican Plants…
VF Corp plans to close three factories in Costa Rica by July 16 and dismiss about 400 workers there, according to published reports. The announcement comes as Costa Rica faces rising competition from nearby countries such as Guatemala and Nicaragua, whose
K2 Taps TNF Design Director to Drive Apparel Brands
Seattle-based K2 Sports named Paul Arntson as its apparel general merchandise manager to drive Planet Earth apparel and fuel growth for the Ride and Cappel outerwear divisions. K2 said the hire demonstrates its committment to energize apparel sales. Arnst