Vivobarefoot Plans First Barefoot Store
Vivobarefoot is converting its flagship store in Covent Garden to what it's calling the first worldwide 'barefoot concept store.' The Vivobarefoot Experience opens on Sept. 15…
Accell Ups Stake in Derby Cycle AG to 22 Percent
Accell Group said it will increase its minority stake in newly public Derby Cycle AG to approximately 22 percent. Accell Group has acquired shares through the stock exchange thereby taking advantage of the recent lower share price levels.
DSW Raises Outlook After Strong Q2
DSW Inc. reported sales increased 14.7 percent in the second quarter to $476.3 million from $415.1 million in the second quarter of 2010. Comparable sales for the second quarter increased 12.3 percent…
North Face Extends Title Sponsorship of Ultra-Trail du Mont-Blanc
The North Face announced an extended three-year partnership of Europe's premier ultra-running event, The North Face Ultra-Trail du Mont-Blanc…
Nordstrom Offers Free Shipping and Returns
Nordstrom Inc. has decided to offer free shipping on online orders for nearly all purchases less than $200. Up to now, the policy had been free shipping only for purchases over $200…
Texas Cuts 2012 Budget for State Parks and Wildlife
The 2012 budget approved last week by the Texas Parks & Wildlife Commission cuts funding for the Texas Parks and Wildlife Department by 21.5 percent…
Rawlings Partners with SmartSports
SmartSports has partnered with Rawlings Sporting Goods Company, Inc. to supply its SmartKage technology systems with high-performance baseball equipment for all of SmartKage's network locations…
Warrior Signs Lacrosse Superstar Paul Rabil
Warrior has signed 2011 MLL Champions Boston Cannons midfielder and 2011 Major League Lacrosse (MLL) MVP Paul Rabil to lead its roster of sponsored lacrosse players. Effective immediately, Rabil will wear and use Warrior gear on the field, while training,
Li Ning’s Profits Slide 50 Percent in First Half
Li Ning Co Ltd. reported a 50 percent drop in its first half profit on a 4.8 percent decline in sales. The Chinese-athletic footwear and apparel giant said the operating environment is expected to remain challenging due to intensifying competition among
Washington’s Discover Pass Sales Neared $3 Million in First Six Weeks
During the first six weeks of sales, the new Discover Pass raised $2,914,434 in revenue to support state parks and other public recreation lands in the state of Washington. The $30 Discover Pass is meant to replace $65 million in annual funding from the g
Consumer Spending Rebounds, Up 0.8 Percent in July
The Commerce Department said consumer spending rose 0.8 percent in July, representing a rebound after sliding 0.1 percent in June. The rise in spending matched the increase in February as the largest since summer 2009…
CamelBak Acquired by Owners of Fox Racing Shox
Compass Diversified Holdings, which owns Fox Racing Shox, acquired an 89.9 percent stake in CamelBak Products, LLC for $257.5 million. The deal estimated CamelBak's total enterprise value of $245.0 million, or about two times 2010 sales. Camelbak CEO
Apparel Nearsourcing Directory Launched at MAGIC
The Office of the U.S. Trade Representative launched a new online directory at the MAGIC textile trade show that will help to enhance textiles trade and attract job-supporting investments to the United States and six trading partners who are parties to th
Confluence Moving to New Digs in Upstate South Carolina
Confluence Watersports will relocate this fall to a new 300,000-square-foot facility in Greenville, S.C. within 10 miles of the company's current operations in Easley, SC. The move enables significant cost savings and efficiency gains and will put em
Old Navy Recalls Misspelled College T-Shirts
Old Navy is reprinting thousands of college T-shirts to correct an embarrassing error. The shirts debuted this month, featuring the names and mascots of dozens of schools. Printed at the top of each shirt are the words “Lets Go!!”…
