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Under Armour Expects to Hit $4 Billion by 2016

Bringing Tom Brady along to augment the message, Under Armour Inc. delivered a loud proclamation on its growth prospects last week at its 2013 Investor Day event in Baltimore. Officials predicted revenues would reach $4 billion by 2016, more than double 2

Costa and Native Eyewear Set Fourth Quarter Records

A.T. Cross Company reported its Cross Optical Group (COG), which owns the Costa and Native eyewear brands, generated record results in the fourth quarter, exceeding its own guidance. COG revenue grew 27 percent to reach $16.3 million in the fourth quarte

Gerber Recalls Machetes

Gerber Legendary Brands in cooperation with the U.S. Consumer Product Safety Commission is recalling 149,000 Gerber Gator Machete and 6,000 Cator Machete Jr. machetes due to reports of injuries…

Margin Alert: Retail Inventories Climbing

Retailers faced soft traffic and deflating prices in Q1, now they have a new worry in the Q2: high inventory levels.
As reported in last week’s SPORTS EXECUTIVE WEEKLY, in their first-quarter earning releases, many retailers reported big jumps in

Pacific Cycle Acquires InSTEP

Pacific Cycle, maker of Schwinn, GT and Mongoose bikes, is continuing its expansion in the recreation and fitness category with the acquisition of Minnesota-based InSTEP, the nation's leading producer of jogging strollers and bicycle trailers. The de