K-Swiss Acquires FORM Athletics, Hires Mark Miller
K-Swiss said it has acquired Laguna Beach-based FORM Athletics. Terms of the deal were not disclosed. FORM Athletics will operate as a division of K-Swiss led by Mark Miller, FORM's incumbent founder and CEO…
Columbia, Crocs Settle Lawsuit
Columbia Sportswear Company said it has resolved its pending claims against Crocs, Inc. in Multnomah County Circuit Court in Portland, OR. The case arose because Crocs hired a Columbia employee as an independent contractor while he was working for Columbi
Vail Resorts Announces Senior Management Changes in Mountain Division
Vail Resorts, Inc. has announced changes within the senior leadership team at Beaver Creek, Keystone and Heavenly Mountain resorts…
NRF Hails Bill to Help States Collect Internet Sales Tax
The National Retail Federation urged Congress to move quickly on the “Main Street Fairness Act,” which would make it easier for states to require Internet retailers and other out-of-state merchants to collect sales tax the same as local bricks-and-mortar
Ruger SR9c Named 2010 ‘Handgun of the Year’
According to Sturm, Ruger & Co., Inc., a Ruger handgun has been named the Shooting Industry Academy of Excellence “Handgun of the Year” for the third straight year…
Volcom Sales Up 15.4%; Margins Contract
Volcom, Inc. reported consolidated revenues for second quarter ended June 30 were $62.5 million compared with $54.2 million in the second quarter of 2009. Net income for the 2010 second quarter was $68,000, or break even per diluted share, compared with $
Under Armour’s Q2 Profits Increase Two-Fold on 24% Revenue Gain
Under Armour reported earnings more than doubled to $3.5 million, or 7 cents a share, from $1.4 million, or 3 cents, a year ago. Revenues climbed 24%, driven by 34% apparel and 60% direct-to-consumer growth. The company also raised its revenue and EPS out
Source to Host Retailer Lounges at OR
Source Hydration and Sandals will be hosting two lounges for retail buyers and media at this Summer's OR Show…
AAFA Submits Blueprint to Double U.S. Exports
The American Apparel & Footwear Association (AAFA) submitted a ten-point plan to the U.S. Department of Commerce regarding President Barack Obama's commitment to double U.S. exports by 2015. Point 8: Recognize that imports of U.S. branded product are
New York Giants Partners with TeamFanShop
TeamFanShop is partnering with the New York Giants to deliver e-commerce and marketing solutions to reach the global fan base of the Giants…
Study: World Cup Sponsorship Shows Mixed Results
Adidas was the second most widely-named brand as a World Cup sponsor, both before and after the event, according to a new study with Survey Sampling International's (SSI). Coca Cola was first…
Hanesbrands Sees Widespread Q2 Growth on Improved Sales, Margins
Double digit increases in its three major segments – Innerwear, Outerwear and International – drove Hanesbrands Inc. to post widespread improvement over a year-ago period that suffered from restructuring costs and declining sales…
Adidas To Surpass Q2 Estimates
Adidas Group released preliminary results indicating that second quarter results would be “materially above market expectations.” Earnings reached €126 million ($159 mm), well above the €9 million earned in the year-ago period…
LaCrosse Posts Weaker Q2 Work and Outdoor Results
LaCrosse Footwear saw previously-consistent sales to its Work market come to an abrupt halt during the second quarter, and results subsequently slipped across the board…
U.S. House Passes Miscellaneous Tariff Bill
The U.S. House of Representatives passed the Miscellaneous Tariff Bill last week, restoring duty relief for a cornucopia of sporting goods, including bicycle parts, outdoor footwear, snow sports equipment, volleyballs, rubber basketballs, leather basketba
