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…
Skullcandy Inc. Reports Fiscal Third Quarter Sales Spike As IPO Approaches
Skullcandy, Inc. which is in the midst of a $125 million IPO, filed a report with the SEC confirming that net sales for the third quarter ended March 31 increased $14.3 million, or 65.9 percent, to $36.0 million from $21.7 million for the three months end
Brazil Displaces China as Best Retail Expansion Market in A.T. Kearny Index
Brazil has replaced China as the most desirable country for global retail expansion, according to the latest Global Retail Development Index (GRDI) published by A.T. Kearny. Brazil rose from fifth place, while China fell to sixth place and Uruguay, Chile,
Portland, OR Plants Another Flag in Outdoor Apparel and Footwear Industry
Portland, OR took another step toward securing its place as a leading hub in the outdoor apparel and footwear industry last week with it announcement that it is underwriting a grant program to help local companies advance their sustainable business practi
Boxercraft Appoints CEO
Boxercraft Incorporated, a supplier of spiritwear, campus apparel, and licensed collegiate apparel based in Atlanta, announced the election of Charles A. Sutlief as the company's new chief executive officer…
Respect Your Universe Appoints Erick Siffert as COO
Respect Your Universe, the MMA brand, appointed Erick Siffert as chief operating officer effective June 7th, 2011. Siffert previously served as director of product operations at lululemon athletica…
Ski Barn joins SMC
Snowsports Merchandising Corporation (SMC), the buying group of specialty ski and snowboard shops in the wintersports industry is pleased to announce Ski Barn has joined the group…
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