Apple’s Retail Chief to Head J. C. Penney
Ron Johnson, who joined Apple more than a decade ago to build the computer company’s retail stores, has been named J.C. Penney’s next chief executive, effective November 1…
Dick’s Sporting Goods Sees Academy Competition Less Formidable Outside Texas
Speaking at William Blair & Co.'s Growth Stock Conference last week, Dick's Sporting Goods Chairman and CEO Ed Stack said that Academy Sports may become a tougher competitor following its acquisition by KKR…
OBIT: Cameron Anderson
Cameron Anderson, who helped develop the Foot Locker chain while an executive with the Kinney Shoe Corp., died on June 11 at the age of 85…
Columbia Files EU Antitrust Complaint Against Gore
Columbia Sportswear said it and its Italian subsidiary, Italy’s OutDry Technologies S.r.l., filed a complaint with the Commission of the European Union against W. L. Gore & Associates, Inc., alleging the company violated EU competition laws by abusi
Eyeblack.com Inks Licensing Arrangement with MLB
Beveridge Marketing's EyeBlack.com brand today announced that it has reached an agreement with Major League Baseball Properties to serve as an officially licensed manufacturer of products bearing the marks of all 30 MLB Clubs, as well as the officia
NOCSAE Approves $1.1 Million to Fund Concussion Research
The National Operating Committee on Standards for Athletic Equipment (NOCSAE) awarded $1.1 million in research grants to advance the science of sports medicine – specifically related to concussion. NOCSAE approved several grants recommended by the organiz
FIFA to Donate $6M in Aid to Japanese Soccer
Soccer's world governing body FIFA has decided to donate about $6 million in aid to clubs and areas affected by the March 11 earthquake and tsunami…
Newton Running Hires Marketing Agency
Newton Running, based in Boulder, CO, signed an agreement to retain Breakaway, a Boston-based marketing firm on June 15. Breakaway is charged with developing a new marketing strategy, conducting a rebranding process and redesigning Newton Running's p
TandC Surf Raises $82K for Japan Relief Efforts
Through the sales of their “Malama Japan” T-shirts, T&C Surf Designs Hawaii raised $82,000 for the American Red Cross (ARC)– Japan Earthquake and Tsunami Relief Fund. That's a lot of T-shirts!…
Retail Container Traffic Close to Flat through July
Import cargo volume at the nation's major retail container ports is expected to remain at about the same levels as last year through July before starting to resume increases later this summer, according to the monthly Global Port Tracker report relea
Apple Retail Head to Become JC Penney’s CEO
Myron E. (Mike) Ullman, III, chairman and chief executive officer of J. C. Penney Company, Inc., announced that Ron Johnson, has been named the company's next chief executive officer, succeeding Ullman in that role. Johnson will assume the CEO positi
SandP Lowers Outlook On Collective Brands
Standard & Poor's Ratings Services lowered its outlook on Collective Brands Inc. (PSS) to stable from positive. The rating agency said high unemployment and rising product costs weighed on the footwear retailer's performance…
VF Corp. to Acquire The Timberland Co. in $2B Deal
VF Corporation and The Timberland Company today jointly announced that they have signed a definitive merger agreement. VF will pay Timberland shareholders $43 per share, representing a total enterprise value of approximately $2 billion net of cash acquire
Fireman Capital Partners Invests in Newton Running
Paul Fireman, the Founding CEO of Reebok International, and his company Fireman Capital Partners, returned to the business of high performance athletic shoes with a “significant investment” in Newton Running Co., a manufacturer of natural running footwear
FFANY, Investor Conferences Provide Forward Look at Product, Margins and Strategy
Minimalism. During a week of sweltering temperatures that made New York City feel more like the Deep South rather than the Northeast, that one word — minimalism — was uttered more frequently by more brands to describe direction for Spring 2012 than any on
