The Arena Football League has entered into a three-year marketing partnership with Nike, who will serve as the AFL’s Official Uniform, Sideline Headwear, and Sideline Apparel Supplier through 2007. As part of the deal Nike will develop an exclusive unifor
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But Loses Hoosier Deal to adidas…
The Hoosiers have made the switch from Nike to adidas for the school’s entire athletic department. The decision marks the first time that adidas has been the licensed product vendor for all of IU’s sports. Nike had held a majority of the contract since 20
Sporting Goods Sales Pace Online Sales Growth in 2003…
According to The State of Retailing On-line 7.0, a Shop.org study conducted by Forrester Research of 150 retailers, 2003 on-line retail sales improved 51% to $114 billion, surpassing all industry expectations. Each on-line product category experienced str
Specialty Retailers Again Outpace Sporting Goods; Profit Gains Outpace Sales…
The industry’s Retail sector experienced much of the same sales and profit upside seen in the Vendor sector (SEW_0422), as earnings growth here more than doubled the pace of sales gains in the first quarter. Concerns about rising gas prices and consumer
Foot Locker Converts All of its 5.5% Notes to Stock
Foot Locker announced that The Bank of New York, as Conversion Agent for the Company's $150 million outstanding 5.5% convertible subordinated notes, has received notice from 100% of the note holders of their election to convert their securities into
Retail Ventures Narrows Q1 Loss on 9.8% Sales Gain
Retail Ventures, Inc. announced net sales for the first quarter ended May 1, 2004 increased 9.8% to $646.3 million from $588.5 million for the 2003. Comparable store sales for the thirteen-week period increased 4.2% when compared to the same period last
adidas Extends French Soccer Federation Partnership Deal
The Fédération Française de Football (FFF) and adidas announced that they have extended their partnership agreement until 2010. The French Football Federation currently holds the second place in the FIFA World Ranking and is the defending European Champio
DuPont Builds Eco-Friendly Textile Plant…
DuPont has signed a joint venture agreement with Tate & Lyle PLC, a U.K.-based carbohydrate processing company, to develop and build a production facility for a bio-based nylon and polyester alternative. The joint venture will use a proprietary fermentati
Price Hikes Are Rolling Down the Bike Supply Chain…
Full Speed Ahead and its subsidiary VisionTech will be raising their wholesale 5% to 15% mainly due to rising costs of raw materials and the overheating Chinese economy. As previously reported in BOSS (BOSS_0413), shortages in steel and aluminum in China
K2 Inc: Why We Didn’t Buy It and What We Will and Won’t Acquire…
At the SunTrust Robinson Humphrey Conference in Atlanta, Dudley Mendenhall, K2 Inc.’s SVP Finance, outlined his company’s performance and future strategy for investors. Mendenhall said K2 now represents about $1 billion of the $50 billion U.S. wholesale
Tretorn Creates New ‘Gullwing’ Division
Tretorn has announced the establishment of “Tretorn Gullwing,” a division of the Swedish Tretorn brand, which was acquired by PUMA in 2001. Gullwing will hit stores in Autumn 2004 with a line of elegant tennis shoes and classic rubber boots for men and w
U.S. Trails are Under Threat on National Trails Day
Hundreds of organized hikes around the country will commemorate National Trails Day, many of which will draw outdoor enthusiasts to settings in some of the nation's most precious wild national forests. Environmental advocates are concerned that these
Johnny West Takes Over as Brand Director for K2 Snow Boards
K2 Snowboards named Johnny West as its new brand director to lead the marketing and branding programs for the company’s snowboard, boot, binding, apparel and accessories lines. He’ll oversee K2 Snowboards’ advertising, promotions, public relations, athlet
G-III Q1 Loss Widens on 11.8% Drop in Sales
G-III Apparel Group reported first quarter net sales of $16.5 million and a net loss of $4.8 million, or 68 cents per share, compared to net sales of $18.7 million and a net loss of $2.6 million, or 38 cents per share, during the comparable period last ye
Kellwood Q1 Earnings Up 19% on Phatter Sales
Kellwood Company reported that sales for the first quarter ended May 1, 2004 increased $14 million to $686 million, versus $672 million last year due to a combination of organic growth of $5 million, or approximately one percent, and the acquisition of Ph