Nike Sets $12B Stock Buyback Plan, Hikes Dividend
Nike, Inc. said its board of directors approved a new four-year, $12 billion program to repurchase shares of Nike’s Class B common stock. The board also approved a 14 percent increase in the company's quarterly dividend and set a two-for-one st
New Balance Launches 3D Printed Running Shoe
New Balance said it will be launching the first running shoe with a 3D printed midsole. Through an exclusive collaboration with 3D Systems and their newly developed elastomeric powder, DuraForm Flex TPU, New Balance has made significant advancements…
U.S. International Trade Commission Validates Converse’s Intellectual Property
The Chief Judge of the International Trade Commission (ITC) validated Converse's intellectual property rights in the iconic Chuck Taylor All Star and supported its right to enforcement, according to a statement from Converse…
Salty Crew Appoints Sales Director
Salty Crew said Tom Ruiz is joining the surf lifestyle brand as as a partner and sales director. Before joining Salty Crew Tom spent 16 years as EVP of sales for Volcom and most recently two years as VP of sales at Depactus…
Accell Group Q3 Sales Rise on e-MTB Demand in Europe
Accell Group, the Dutch bicycle group that owns Raleigh and Diamondback and has pioneered modern sport bikes in the United States, reported sales continued to grow in the third quarter, exceeding year-ago levels…
RECALL: 30,500 REI Evrgrn Campfire Rockers
Recreational Equipment Inc. (REI) announced the first recall of a product marketed under its Evrgrn brand, which it launched last year to reach urban dwelling Millennials…
Gazelle Sports Coming to Birmingham, MI
Gazelle Sports is opening a store in downtown Birmingham, MI in early summer 2016…
Kohl’s Appoints COO
Kohl’s Department Stores appointed Sona Chawla to the newly created position of chief operating officer. She was most recently president of digital and chief marketing officer at Walgreens…
Dillard’s Profits Slide in Q3
Dillard’s Inc. reported third-quarter earnings slid 17.2 percent. Same-store sales decreased 4 percent…
Outside Puts New Spin on Best Places to Work List
A number of lesser known companies, including a few from outside the outdoor recreation industry, edged out Smartwool, Eagle Creek, Superfeet, Petzl, Toad&Co and SpyderCo to take the top spots in Outside magazine's annual best places to work list…
Inaria to Sponsor Sebastian Giovinco
Inaria, a brand within the Performance Sports Group portfolio that manufactures soccer equipment and apparel, formed a partnership with Toronto FC and Italian National Team star Sebastian Giovinco…
Sports Authority Announces 2015 Black Friday Doorbusters and Deals
Sports Authority revealed its 2015 Black Friday doorbusters and deals. Black Friday deals run Thursday, Nov. 26 through Saturday, Nov. 28. Doorbusters will be available Thursday and Friday only…
Dick’s SG Reveals Holiday Hours and Promotions
Dick's Sporting Goods stores will open from 6:00 p.m. to 2 a.m. on Thanksgiving Day, reopen at 5 a.m. on Black Friday and remain open until 10:00 p.m. that night…
Kohl’s Q3 Comps Gain 1 Percent
Kohl's Corp. reported its net income in the third quarter was up slightly excluding non-recurring items. Same-store sales were up 1 percent…
Implus Hires Verde Brand Communications
Implus, parent company for several brands including Yaktrax, ICEtrekkers, Sneaker Balls, Sof Sole and DryGuy, recently signed Verde Brand Communications as its official brand communications agency…
