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Sport Footwear Reaches $20 Billion Mark in 2010

<p>The Sport Footwear business started the 2010 fiscal year with a bang, led by meteoric growth in the nascent Toning category, fueling estimates of a new business that could net growth opportunities for retailers and vendors alike for years to come&#8230;</p>

Hibbett Cuts Q4 Outlook on Weak January

<p>Hibbett Sports, Inc. cut its fourth quarter earnings guidance after finding sales slowed in the latter half of January. HIBB now expects fourth quarter earnings between 42 cents and 44 cents a share, which compares to 40 cents in the prior-year Q4&#8230;</p>

Adidas Outlines China Growth Targets

<p>Adidas expects to grow 15% to 20% annually in China over the next five years and exceed &#8364;1 billion, or $1.36 billion at today&#8217;s exchange rates, in revenue this year, according to comments by Adidas Chief Executive Officer Herbert Hainer in an </p>

SpendingPulse: January Saw Strong Growth for Most Categories

<p>According to MasterCard Advisors SpendingPulse, January saw strong growth across most categories, continuing the positive performance from Q4 2010, albeit at a slightly slower pace. With the January closing of the retail year, sectors that were up for the</p>

Black Diamond Inc. Outlines Five-Year Plan

<p>Black Diamond, Inc. is intently focused on acquiring companies with $10 million to $50 million in annual sales even as it works toward launching its own technical apparel line, according to details of a new five-year strategic plan disclosed last week&#8230;</p>

GSI Commerce to Acquire Fanatics; Q4 Sales Up 25%

<p>GSI Commerce Inc. said it reached an agreement to acquire Fanatics Inc., which sells licensed sports merchandise online, for about $277 million in cash and stock. The deal, expected to be completed in the second quarter, is expected to create &#8220;a leader in</p>

Ocean Container Lines See Potentially Tight Q3

<p>A rebounding U.S. economy will likely lead to a tight supply of vessel space and equipment during the peak third quarter shipping season, according to Transpacific Stabilization Agreement (TSA), which represents the major container shipping lines serving </p>

E-Commerce Sales Climb 10% in 2010

<p>Total U.S. e-commerce spending reached $227.6 billion in 2010, up 9% versus the previous year, according to the comScore&#039;s 2010 U.S. Digital Year in Review report. Retail (non-travel) e-commerce spending jumped 10% to $142.5 billion while travel e-co</p>