Kappa China Sales Leap in First Half
China Dongxiang (Group) Co., Ltd., which owns the rights to the Kappa brand in mainland China and recently bought a Japanese ski brand, reported revenue grew 28.4 percent to RMB597 million ($93.2 mm) for the six months ended June 30. Net profit increased
Bass Pro Confirms Layoffs
Bass Pro Shops confirmed that it had laid off “fewer than 60” employees at its corporate headquarters in Springfield, MO, and at a woodworking shop in nearby Nixa. It also laid off an average of six employees at most of its stores across the c
Perry Ellis Sees Dip in Q2 Golf Segment Sales
Perry Ellis International Inc. reported revenues in its golf apparel segment declined slightly in the second quarter. The drop was blamed on reduced planned liquidations from a year earlier as Perry’s golf segment focused on tighter weeks of supply
Bass Pro Confirms Layoffs
Bass Pro Shops laid off “fewer than 60” employees at its corporate headquarters in Springfield, MO, and at a woodworking shop in Nixa, MO, according to a report in the Springfield News Leader. It also laid off an average of six employees at mo
Bassmaster Elite Series Surpasses 2014 Attendance
With the seventh stop on the Bassmaster Elite Series tour complete, total attendance records have already been shattered before the tour’s final events, reports B.A.S.S. LLC of Birmingham, AL,…
Adidas to Help China Develop School Soccer Program
Adidas signed a three-year deal with the Chinese education ministry to develop a soccer program in schools, according to Reuters. The program will train 50,000 teachers and…
Fenix Outdoor’s Retail Rescue Leads to Q2 Loss
Fenix Outdoor International swung to a loss in the second quarter ended June 30 as it sought to create one of Europe's largest outdoor specialty retailers…
Dick’s SG Lifts FY Guidance After Promising Q2
Dick's Sporting Goods Inc. reported stronger-than-expected earnings for its second quarter as sales improved at its namesake locations and declines moderated at Golf Galaxy. Ssid Ed Stack, chairman and CEO, on a conference call with analysts, “We dro
Tracksmith Closes $4.1 Million Series A Funding
Tracksmith, the Boston-based run apparel startup, closed a $4.1 million Series A round funding with Pentland Group, the U.K.-based brand management and retail group…
Adidas Extends Agreement with Indiana
Indiana University Athletics has extended its apparel agreement with Adidas for eight years through 2024. The agreement, signed by all parties, is worth $53.6 million and nearly doubles the annual commitment by Adidas to IU Athletics from $3.7 million to
Coleman Seeks to Expand Production at PFD Facility
The Coleman Company Inc. has applied for additional production authority for its facility in Sauk Rapids, MN, where it produces personal flotation devices and cushions…
Backyard Collective Hits Portland, OR Thursday
The Conservation Alliance will hold its fourth Backyard Collective event of 2015 on August 20 in Portland, OR…
QVC-Zulily Combo Could Offer Brands Potent Global Partner
QVC Group parent Liberty Interactive Corporation agreed August 17 to acquire Zulily Inc., a Seattle-based online retailer that reached $1 billion in annual sales in five years by using flash sales to help emerging brands tell their stories to busy moms –
Under Armour to Exhibit at PGA Shows
Under Armour has signed a multi-year participation agreement to exhibit at the annual PGA Merchandise Show in Orlando and the PGA Fashion & Demo Experience in Las Vegas through 2018…
Li-Ning’s Posts 1H Profit, Reports Stable Growth
China’s largest domestic athletic brand swung to a profit on double-digit sales growth in the first half, but reported more than half its accounts payable remain past due…
