New Balance Adds Senior Marketing Mgr
New Balance appointed Chris Passarell as senior marketing manager, global sports, to lead integrated marketing for the performance SBUs (running, sport, outdoor and kids) and creative services…
Trek Bicycle Sponsors Women’s Triathlon Series
Trek Bicycle has signed on as title sponsor of a new women’s triathlon series. The Trek Women’s Triathlon Series is targeting 12 cities for 2009, anticipating more than 25,000 entrants…
New Balance Foundation Grant Establishes Childhood Obesity Initiative
The New Balance Foundation has awarded a $100,000 grant to Regis College School of Nursing and Health Professions to establish a program at Mt. Saint Joseph Academy (MSJA) in Brighton to fight childhood obesity. The Get Fit, Get Balanced program will foc
Winter Footwear Slowly Gaining Speed
Now that the winter months are upon us, runners face dropping temperatures, harsh winds and slushy running conditions. Yet, for the dedicated runner, these conditions will not hinder the daily jog…
Canadian Co-op Buying Sportsman’s Warehouse
Alberta, Canada-based UFA Co-operative Limited is poised to acquire a majority interest in Utah-based Sportsman’s Warehouse, increasing the co-operative’s annual revenue by $800 million. UFA has already made a significant cash injection into the US retai
Intrawest Names New President/CEO
Intrawest appointed Frank DeBerry to the position of President and COO at Mountain Creek in New Jersey. In this role, DeBerry will be responsible for all aspects of Mountain Creek's resort operations and he…
Sturm, Ruger and Co. Authorizes Stock Repurchase Program
Sturm, Ruger & Company, Inc. said its board of directors has authorized a stock repurchase program…
Skins Partners with Henrich
Skins Inc. has entered into a new development and manufacturing partnership with Henrich e Cia Ltda in Brazil. Henrich currently manufactures international brands such as Carrano, Max & Co., Clarks, Naturalizer, Good Guy Girl, Top Shop, Buffalo, Unisa, AR
McDavid Files Patent Infringement Suit Against Nike
McDavid and Stirling Mouldings Limited has filed a patent infringement lawsuit against Nike. The lawsuit concerns foam padded shorts sold by Nike under the name, deflex…
adidas Signs 11-Year Deal with IAAF
adidas and the International Association of Athletics Federations have entered an 11-year partnership agreement granting adidas the world-wide sponsorship rights for all IAAF World Athletic Series events from 2009 until 2019. The partnership incorporates
CPSC: New Phthalates Limits Aren’t Retroactive
The Consumer Product Safety Commission (CPSC) has ruled that an impending ban on certain products containing phthalates will only affect those made after Feb. 10, 2009. The industry feared the Consumer Product Safety Improvement Act passed this fall wou
NSGA: Most Sporting Goods Retailers Improving Performance
Almost all specialty retailers improved key measures of profitability and productivity versus two years ago, according to data in the newly released NSGA Cost of Doing Business Survey…
PVH to Expand Timberland Apparel Doors in 2009
Philips-Van Heusen will continue to invest in its Timberland apparel business next year even as it halts expansion of its mall-based Calvin Klein stores to cut capital spending. The company affirmed its commitment to the Timberland brand even as it lower
Nike Increases Quarterly Dividend by 9%
Nike's board of directors has declared a regular quarterly cash dividend of 25 cents per share on the company’s outstanding Class A and Class B common Stock. On an annual basis, this is an indicated rate of $1.00. The 25 cents per share quarterly div
Holiday Gift Card Sales Expected to Decline
Shoppers’ price-conscious mentality is taking a toll on the season’s most-requested present: gift cards. The National Retail Federation's sixth annual Gift Card Survey found that gift card sales will fall nearly 6% this holiday season to $24.9 billio
