Adidas Won’t Renew NBA Sponsorship
Adidas said it will not extend its deal as the official apparel sponsor of the NBA after the 2016-17 season. Adidas said in a statement, “While we have enjoyed a successful long-term relationship with the league, we continually review our partner agreemen
Dorel Sports Organic Sales Up 8 Percent in Fourth Quarter
Dorel Industries Inc. reported sales at its Pacific Cycle business outperformed its Cannondale Sports Group (CSG) in the fourth quarter of 2014 and will likely continue to do so through the second quarter of 2015 due to a sharp rise in the value of dollar
Lids Expands Inventory Reach
Lids Sports Group's upgraded inventory management system now provides consumers access to companywide inventory in retail stores as well as its centrally located distribution centers. In conjunction with this system upgrade, Lids launched an “Any Tea
Calida Group Says Rapid Rebound at Lafuma Fueled 2014 Profit Growth
Switzerland's Calida Group reported net income more than doubled in 2014 thanks to a quicker than expected turnaround at Lafuma Group, a French maker of outdoor and action sports apparel and gear it acquired in December 2013…
Precor and Suunto Sync Online Fitness Platforms
Amer Sports has integrated the online platforms for its Precor and Suunto fitness brands to enable users to access and record indoor cardio equipment-based workouts, as well as outdoor exercise in one place…
Nathan Sports Partners with Ragnar Relay Series
Nathan Sports has become an official supplier of lighting, hydration, reflective products to the Ragnar Relay Series…
Asics Finds a New Foundation to Grow
On Thursday evening, Asics America hosted a party to celebrate the grand opening of its splashy new headquarters in Irvine, CA. Kevin Wulff, Asics America’s president and CEO, said in an interview at the event that the new campus “means that we are
Head NV Reports All Segments Grew in 2014
Head NV of Amsterdam reported net Revenues for the full year increased 4.7 percent compared to the prior year driven by growth in all the divisions, or 5.3 percent in currency-neutral terms…
L.L.Bean to Triple U.S. Store Count by 2020
Privately-held L.L. Bean, which reported sales grew 3 percent to $1.61 billion in its latest fiscal year, plans to triple its U.S. store count to at least 100 stores by 2020…
Retail Sales Decreased 0.2 percent in February
Excluding automobiles, gasoline stations and restaurants, retail sales declined 0.2 percent seasonally-adjusted month-to-month yet were up 3 percent on an unadjusted year-over-year basis…
Clif Bar Opens Sustainable Bakery in Twin Falls
Clif Bar & Company, the parent of Clif Bar and Luna Bar, celebrated the groundbreaking of its first owned and operated bakery, the Clif Bar Baking Company, in Twin Falls, iD. With a focus on people and sustainability, the new 275,000-square-foot bakery…
Brown Shoe’s Q4 Profits Jump
Brown Shoe Company reported earnings on an adjusted basis were up 45.5 percent in the fourth quarter, to $9.0 million, or 20 cents per share, compared to reported net earnings of $6.2 million, or 14 cents, in the fourth quarter of 2013. Comps at Famous F
Adidas Partners with Prospect League
Adidas entered into a multi-year sponsorship with The Prospect League, an elite Midwestern collegiate wood bat summer baseball league…
Black Diamond Equipment Names New Managers
Black Diamond Equipment announced Heath Christensen and Tor Brown have returned to the company in new roles as director of sales for North America and mountain line category director, respectively. Industry veteran Matt Burbach will also join Black Diamon
Havaianas U.S. Expansion Fuels Alpargatas Q4 Growth
Alpargatas reported strong sales of its Havaianas flip flops in the United States and Europe continued to offset declining sales in Latin America in the fourth quarter. The company also reported higher sales of Mizuno and Timberland in its native Brazil..
