March’s Consumer Confidence Index Rebounds
Consumer confidence rose to 52.5 in March from 46.4 in February. Analysts surveyed by Thomson Reuters had expected a reading of 50…
2010 Brand Strength Index: Nike Leads But Adidas Closes Gap
More than two years after the “Great Recession” officially commenced it is clear that U.S. consumers have made fundamental changes in the way they shop, where they shop and the brands they buy. The Brand Strength Index was originally formulat
Yue Yuen’s Q1 Sales Dip 3.2%
Yue Yuen Industrial (Holdings) Limited said revenue declined 3.2% in the first quarter ended Dec. 31, to U.S.$1.32 billion while profit attributable to equity holders increased 10% year-on-year to $120.2 million…
The Finish Line Swings to Fourth Quarter Profit; Blows Past Wall Street Estimates
The Finish Line’s revenues rose 8.9% to $374.5 million in their fiscal fourth quarter ended February 27, propelled by a 10% same-store sales hike on the strength of the running and toning categories…
Adidas Agrees to Contract with NBA Europe
In preparation for the 2010-11 NBA season, Adidas AG has extended its agreement with the league, granting the company exclusive rights to all apparel in Europe…
SportsOneSource Announces 2010 SGB 40 Under 40 Award Recipients
The honorees for the annual SGB 40 Under 40 awards have been selected and once again include some of the brightest young stars in the sporting goods industry…
NOC’s Great Outpost Opens in Gatlinburg
Nantahala Outdoor Center, already known as one of the nation’s premier whitewater outfitters, will open NOC’s Great Outpost in Gatlinburg, TN this weekend…
Golf Datatech Releases January Apparel Market Report
Golf Datatech, LLC has released the third consecutive Golf Apparel Market Reports with information from January apparel sales. These reports, which capture retail sales data from both on course and off course retailers in the U.S., cover the top selling m
Woolrich Woolen Mill Division Expands into Europe
The Woolen Mill Division of Woolrich has hired its first European sales agents. Voehringer & Groha based in Laufach, Germany, will be responsible for representing Woolrich in Germany, Switzerland, and Austria while Pugliese & Moscato, of Florence, Italy,
Cycling Sports Group Increases Asia Pacific Distribution
Cycling Sports Group (CSG), a business unit of Dorel Industries, announced expanded distribution for its Asia Pacific Sales Department. The expansion is part of an overall growth strategy focused on increasing distribution to build visibility for CSG bran
SGMA Survey: Consumers Looking for Value in Sports Equipment in 2010
According to the Sporting Goods Manufacturers Association's Sports, Fitness, and Recreation Participation Overview (2010 edition), 23.1% of 'active' Americans have indicated that they plan to spend more on sports equipment in 2010 than they
Liberty Mountain Names Vaude and Grivel Rep
Outdoor sporting goods distributor Liberty Mountain has hired Dana Seaton and Perception Outdoors to represent Vaude Backpacks, Packs & Bags, as well as Grivel, in the New England and Mid-Atlantic Territories…
NRF Says Health Care Legislation Will Cost Jobs
The National Retail Federation in a statement expressed extreme disappointment at the House's passage of sweeping health care reform legislation over the weekend, saying added labor costs under the bill will cost many retail workers their jobs…
The Walking Co. to Exit Chapter 11 in Late April
The Walking Co. said a court hearing on the company's Chapter 11 bankruptcy reorganization plan will be held on April 23. If approved, the retailer said it would be ready to exit Chapter 11 early in the week of April 26…
Report: Lebron James Close to New Nike Deal
According to the Cleveland Plain Dealer, basketball superstar Lebron James is close to signing a new agreement with Nike Inc…