Adidas Group Q4 Net Income Surges on Double-Digit Sales Gains
Adidas Group revenues grew 11 percent on a currency-neutral basis in the fourth quarter of 2011, with currency-neutral sales in the combined Adidas/Reebok Wholesale and Retail segments increasing 9 percent and 18 percent, respectively. Sales for Other Bus
Adams Golf Sees 12 Percent Revenue Gain in 2011
Adams Golf reported record net sales of $96.5 million for the year ended Dec. 31, 2011, as compared to $86.2 million for the year ended Dec. 31, 2010, an increase of 12 percent year-over-year. The company realized a net profit of $14.5 million, or $1.79 p
Ugg For Men Launches New Campaign
Building on the successful Fall 2011 launch of Ugg for Men and the company's first advertising campaign featuring quarterback Tom Brady, Ugg Australia sustains its momentum into Spring 2012 with an integrated creative campaign that introduces new pro
Kenneth Cole Productions Retains Financial Adviser
Kenneth Cole Productions Inc. said a special committee of independent directors has retained Bank of America Corp.'s (BAC) Merrill Lynch as an adviser to help the apparel maker evaluate a buyout offer from the company's founder…
Golfsmith Opens Large Experiential Golf Store in Chattanooga
Golfsmith is opening a new store in the Chattanooga market. The 15,750 square foot facility offers golfers the ability to try out equipment right inside one of the indoor, high-tech hitting simulators, or on the indoor putting green…
Merrell Launches Women’s-Specific Barefoot Website
Merrell unveiled a women's-specific online resource dedicated to educating and training women on barefoot running and fitness. The title of the site is “Pretty Strong,” captioned with “unleash your natural power, embrace your natural beauty,” bringin
Spalding Signs NBA Endorsers in Footwear Launch
Spalding announced Sacramento Kings' rookie Jimmer Fredette, Miami Heat guard Mario Chalmers and Washington Wizards’ rookie Chris Singleton have entered into marketing and promotional agreements with the brand. The three athletes will also supp
Industry Research Shows Merino Garments Biodegrade in Nine Months
Research commissioned by The New Zealand Merino Company has found that garments made of merino wool only take about nine months to biodegrade. The company commissioned the study in response to growing consumer demand for environmentally-friendly products.
Teko USA Hires New Reps in Eastern United States
Teko USA has hired new rep agencies in New England and the Carolinas. Additions include John…
Gill Athletics Names Scholarship Recipient
Jemel Balkman has been awarded a scholarship from Gill Athletics for the USATF Level I Coaches Education School to be held at Villanova University from March 16-18th…
Genesco Q4 Earnings Soar on 12 Percent Comp Increase
Genesco Inc. said that adjusted for the nonrecurring items in both periods, earnings jumped 51.8 percent in the fourth quarter. Sales increased 29 percent to $723 million. Comparable store sales increased by 12 percent. The Lids Sports Group's compa
Hydrapak Lands OEM Deal to Make Quiksilver SUP Pack
Hydrapak has been chosen by Quiksilver as the full-service OEM provider for the Quiksilver Swig pack. Slated to hit store shelves this summer, the Swig pack is designed for the stand-up paddle surf market…
Adidas Outdoor Sponsoring Hueco Rock Rodeo
Adidas Outdoor will serve as the title sponsor of the 19th Annual Hueco Rock Rodeo bouldering competition set in the desert oasis of Hueco Tanks, Texas, this weekend…
Insurance Settlement to Boost Johnson Outdoor 2012 Earnings
Johnson Outdoors Inc. has received a $3.5 million settlement resolving a claim with its insurance carriers that will contribute approximately 22 cents per diluted share in positive earnings in the current fiscal year…
Stein Mart’s Sales Flatline in February
Stein Mart, Inc. eked out a 0.7 percent increase in comparable store sales in the four-week period ended Feb. 25 and reported total sales for the period reached $80.7 million, up 0.3 percent from $80.4 million in February…
