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Puma AG Sees Growth Moderating as U.S. Sales Decline

Puma AG reported that first quarter consolidated sales grew 7.4% currency neutral (2.0% in Euro terms) to €655.8 million ($859 mm) from €642.8 million ($773 mm) in Q1 2006.Net earnings grew 3.7% for the period to €96.6 million ($127 mm), compared to €93.1

Gramicci Hires Three New Reps

Gramicci apparel has expanded its U.S. sales force with the addition of Steve Shrednick and his wife Bobbi Bensman, covering the Rocky Mountain territory, and Matthew Miller, outdoor industry veteran responsible for the mid-Atlantic.

Lululemon Tests Public Markets in U.S., Canada…

Lululemon Corp., the Canada-based designer and retailer of yoga-inspired apparel, has filed a registration statement with the SEC, and a preliminary prospectus with the securities regulatory authorities in each of the provinces and territories of Canada,

Le Coq Sportif Owner Takes Back U.S. Distribution…

Le Coq Sportif, the French sport brand acquired by the Swiss investment fund Airesis in 2006, has re-acquired U.S. distribution from Itochu International. Tim McCool, a former adidas and Nike executive, has joined the Le Coq Sportif team to lead the North

Lotto Sees Growth in All Regions Fuel 2006 Sales Gain…

Lotto Sport Italia S.p.A. closed 2006 with revenues of €277 million ($348.0 mm), an 8% increase over 2005. The last year was one of change for the company following investments in the product R&D sector, in sales development and in acquisitions…

NYC Sued Over Metal-Bat Ban

Baseball bat manufacturers and school baseball sponsors teamed up Monday to ask a judge to toss out a law banning metal bats in the city's high school games as unconstitutional. The lawsuit was filed by USA Baseball and The National High School Base

Group Opposing NYC Bat Ban to File Lawsuit on Monday

“Don’t Take My Bat Away,” a group representing coaches, players, youth baseball enthusiasts and batmakers, will formally file a lawsuit against the City of New York on Monday, May 7th, to stop a ban on the use of metal and composite bats in city high scho

Spyder Signs Footwear License

Spyder Active Sports, Inc., the ski apparel brand, signed a licensing agreement with Catchlight Fashions, Inc. for design, manufacturing, sales and distribution of Spyder-branded footwear. The collection includes men’s and women’s shoes and boots, and chi

Puma Unveils Training Boat and Ocean Racing Team

Puma introduced its training boat and the PUMA Racing Team at an official unveiling ceremony in Boston Harbor Friday. The event was attended by Boston Mayor Thomas M. Menino, PUMA CEO Jochen Zeitz, Volvo Ocean Race CEO Glenn Bourke, Save the Harbor Presid

Gildan Q2 Sales Boosted By KY Derby Acquisition

Gildan Activewear Inc. reported a 26.3% jump in second quarter net sales to $232.1 million from $183.8 million in the second quarter of last year. In addition, the company announced plans for a 2-for-1 stock split while reiterating guidance for the full f