Blaming poor retail sales on lackluster scooter sales and the post-9/11 trauma has faded, but one retailer has found a brand new culprit for their sluggish December – El Nino…
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Luxottica Under Investigation for Pricing…
Sunglass Hut and Ray-Ban parent Luxottica Group revealed in an SEC filing last week that the New York Attorney General's office is investigating its pricing and distribution practices…
adidas in Top 10 Web Searches in 2002
Want to know which products your consumers are looking for in your store? The company responsible for the popular “Ask Jeeves” Internet search engine this week revealed the top searches conducted on Ask Jeeves at Ask.com in 2002 and adidas was the only s
adidas Has Balls for Total Golf Strategy…
TaylorMade-adidas Golf exercised its option to purchase the Maxfli brand outright under terms of the licensing and distribution agreement it signed with Dunlop Slazenger Group LTD in December 2001…
Britney Sues Skechers Over Skate Shoe Deal
Looks like Skechers’ foray into roller skates is coming back to haunt the fashion footwear company yet again. Seems Britney Spears has sued the company for more than $1.5 million, citing breach of agreement, claiming Skechers USA, Inc. used her to plug i
Bike Bankruptcy Review Postponed…
The January 2nd hearing scheduled to review certain matters in the company’s Chapter 11 case was postponed until Thursday, January 9, 2003…
Despite Strong Holiday Sales, L.L. Bean Considers Downsizing
Despite a disappointing holiday season for many retailers, L.L. Bean Inc., had its best December ever, but the strong month may not be enough to avoid downsizing in a “deflationary retail market.”
Bike Bankruptcy Review Postponed…
The January 2nd hearing scheduled to review certain matters in the company’s Chapter 11 case was postponed until Thursday, January 9, 2003…
Wall Street Review…
What seemed like an eternity of a Christmas break for many people this year was jolted back to life with a market rally on Thursday that sent the Dow Jones Industrial Average up almost 300 points, or 3.6%, for the week. The S&P 500 followed suit, with th
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