Foot Locker Sees Strength in Marquee Drive Q2, Adds Excitement for H2
Foot Locker had a strong second quarter as sales increased slightly and the retailer swung to a net profit after a year-ago loss with help from a leap in gross margins. Even more promising was a 3.5% decline in inventory at quarter-end versus the same ti
NFL Wins Anti-trust Suit Against American Needle
The National Football League has won a licensing suit against America Needle for a past deal to make Reebok International, Ltd. its exclusive headwear licensee. The U.S. Court of Appeals for the 7th circuit affirmed a summary judgment ruling that the NFL
Pipeline Forms Licensing Agreement with Mikshag
PIPELINE International announced a new licensing agreement with Mikshag, Inc. to create an extensive line of apparel, swimwear and outerwear for young men and juniors. Mikshag will design, produce, and distribute PIPELINE branded product through sporting
Stride-Rite Reacquires PRO-Keds
Amidst its attempts to incorporate modern themes into some of its classic shoe styles, The Stride Rite Corp. has reacquired the rights to the PRO-Keds brand…
Bay Harbour to Acquire Steve and Barry’s
Bay Harbour Management LC plans to purchase out of bankruptcy the assets of Steve & Barry's for $168 million. The New York-based investment firm plans to keep open about 150 of the chain's 276 stores, according to the Bay Harbour managing princi
Under Armour Names New Director of Communications
Under Armour, Inc. has appointed Diane Pelkey to the position of director of communications. In this role, Pelkey will guide Under Armour’s global internal and external public relations efforts including media relations, the development of long-term commu
Eastern Mountain Sports Launches Website
Eastern Mountain Sports announced the launch of mntnLIFE.com, an outdoor community website where consumers can access free trail data, share tips about their favorite destinations, and plan same-day trips. Content for the website is driven by professional
COSTCO to Bring Organic Clothing Program to U.S.
After the successful rollout of environmentally sustainable hemp, bamboo, organic cotton and soy blended apparel in Canada, COSTCO Wholesale Corporation has decided to introduce the program in the United States. Under a so-called “special event distributi
Delta Q4 Sales Jump 14,7%, Soffe Up 1.4%
Delta Apparel, Inc. reported net sales for the fourth quarter ended June 28, 2008 increased 14.7% to $105.3 million. The retail-ready segment, comprised of the Soffe and Junkfood businesses, reported a 14.6% sales increase to $49.6 million for the fourth
REI Names New Board Member
Recreational Equipment, Inc. (REI), announced the appointment of José Ignacio Lozano to a one-year term to the company’s board of directors…
Bryant Jersey is Top-Seller in China
For the second consecutive season, Kobe Bryant of the Los Angeles Lakers had the top selling NBA jersey in China. Kevin Garnett and Paul Pierce, members of the 2008 NBA Champion Boston Celtics, moved into the top five on this year’s list…
Boscov’s Files for Bankruptcy
Becoming the latest retailer to bow to the challenging economy, Boscov's Inc. filed for protection under the Chapter 11 bankruptcy code and plans to close 10 of its 49 stores. The largest family-owned independent department store chain in the U.S., b
PacSun, Zumiez Report Weakening Q2 Comps
Pacific Sunwear of California, Inc. reported July net sales decreased 3% at its PacSun stores to $99.1 million from $102.4 million last year, while comps declined 4%. Geographically, comps were strongest in Texas, the Midwest and New England, but were wea
SGMA Gauges Interest in Swimming, Basketball
In light of the 2008 Beijing Games, the Sporting Goods Manufacturers Association (SGMA) has conducted and released studies gauging American interest of and participation in two of the country’s most popular activities-swimming and basketball. According to
Aldila Q2 Sales Plummet
Aldila, Inc. reported a significant decline in sales for the second quarter from $17.6 million to $13.6 million, a drop of 23%. The golf company showed a net loss of $523,000, or 10 cents a share, compared to a net income of $1.7 million, or 30 cents, a y
