Atlanta Falcons Close Fan Stores
The Falcons 365 stores, owned by The Atlanta Falcons, will close Dec. 31, according to the Atlanta Business Chronicle. The store at the Perimeter Mall opened in summer 2005 while the Lenox Square store opened in October 2005…
NexCen Brands Sells Bill Blass Licensing Business
NexCen Brands, Inc., the parent of The Athlete's Foot, completed the sale of its Bill Blass licensing business to Peacock International Holdings, LLC on Dec. 24, 2008 pursuant to an asset purchase agreement executed on the same day. Under the terms o
Vendors May Have Seen Last Gains for a While…
When reviewing vendor sales results from the third quarter the market looked like it still had a bit of life when the economic woes centered on higher fuel prices and the housing implosion had yet to reach Wall Street. This may be the best quarter the ma
STX Sues Reebok for Patent Infringement
STX L.L.C., the Baltimore-based lacrosse company, has filed a patent infringement lawsuit against Reebok International Ltd. According to the complaint filed in the U.S. District Court For The District Of Maryland, STX claims Reebok has infringed on one of
Acushnet Offers Separation Packages to U.S. Employees
Acushnet Company, the golf equipment manufacturer comprised of the Titleist, FootJoy and Cobra brands, has offered a voluntary separation program to a number of salaried United States-based associates nearing retirement…
Sports Direct Posts H1 Profit Gain
Sports Direct International Plc, the largest sporting goods retailer in the U.K., posted a 7.4% increase in first half earnings and said it was on track to meet market expectations for the full-year. However the retailer cut its interim dividend payout b
Forzani Group Third Quarter Profits Hurt by Increased Expenses, Charges
Forzani Group's third quarter results came in slightly below expectations, but the Canadian sporting goods giant noted that its stores continue to perform well against a standout year-ago performance and have shown good momentum so far in the fourth
Golf Companies Plan Staff Cuts
The golf market saw two companies plan staff cuts last week as industry giants Acushnet and TaylorMade-adidas Golf both reported intentions to lower headcounts…
FIFA Names Official Merchandiser for 2010 World Cup
Total Apparel Group, Inc. has been appointed by FIFA's Exclusive Worldwide Master Licensee, Global Brands Group (GBG), for a multi-year exclusive Distribution Rights agreement within the United States, Caribbean and U.S…
American Rec Further Consolidates Outdoor Brands Under New Umbrella
American Recreation Products will replace dozens of outside reps with an in-house sales force over the next 30 days in a bid to cut costs and reach earnings targets of Sun Capital Securities Group LLC. The move is part of a broader reorganization of the
Soles4Souls Files Suit Against Distributor for Selling Donated Shoes on eBay
Soles4Souls has filed a lawsuit against Gleaning for the World, Inc. and other parties after Soles4Souls discovered that donated pairs of Minnetonka Moccasins that were supposed to be distributed to needy people in Africa were being sold for profit on eBa
Total Apparel Group Becomes FIFA U.S. Licensee
Total Apparel Group, Inc. entered into a multi-year exclusive Distribution Rights agreement within the United States, Caribbean and U.S. Territories for 2010 FIFA World Cup(TM) and other FIFA Branded Products in the broad apparel, footwear, accessories an
Dodger Sportswear Appoints New President
Dodger Sportswear has appointed Mark Adams as president of the company-officially beginning Jan. 4, 2009…
Brunswick Takes Up to $135M Accounting Charge
Brunswick Corp. said an accounting error will result a charge against earnings of up to $135 million this year. The Lake Forest, IL-based company said that financial filings for the first nine months of 2008 should “no longer be relied on” because the com
Nautilus to Expand Facilities in Virginia
Nautilus, Inc. plans to invest $1.7 million to expand in Grayson County in Virginia. The move expands its manufacturing operation to add a cardio exercise equipment line, and will create 60 jobs, according to a statement from the office of governor of Vir