PacSun to Cut Costs, Consider Assets Sales in Wake of Disappointing Q2
Pacific Sunwear of California Inc. is looking to cut another $15 million in annual costs and possibly sell and leaseback buildings in a bid to shore up its finances following a disappointing fiscal second quarter…
European Week of Sport Campaign Kicks Off
The Federation of the European Sporting Goods Industry and its members are supporting the European Week of Sport campaign through a variety of initiatives and activities leading up to and during the week of September 7-13…
IOC Creates $2 Million Fund to Help Europe’s Refugees
The International Olympic Committee has created a $2 million fund that will be made available to National Olympic Committees for program focused on helping refugees…
Timberland Publishes Q2 Sustiainability Report
Timberland reduced its greenhouse gas emissions in the second quarter despite using less renewable energy due to lower energy usage overseas and less corporate travel, according to its Corporate Sustainability Report (CSR) for the second quarter.
Fleet Feet Sports To Open in Chattanooga
Fleet Feet Sports announced the mid-October opening of a new store in Chattanooga, TN. The store will be the brand’s first location in the Chattanooga market…
RECALL: 23,000 Cannondale Mountain Bikes
Dorel Sports' Cycling Sports Group of Wilton, CT, is recalling about 23,000 Cannondale mountain bikes because their OPI stem and steering tube assemblies can fail and pose a risk of injury…
Adidas Partners with Italia Independent on Eyewear Deal
Italia Independent and Adidas have signed a four-year global agreement in which Italia Independent will design, produce and distribute Originals eyewear…
OBIT: L.L.Bean’s Leon Gorman
Leon Gorman, the 80-year old grandson of L.L.Bean and longtime CEO of the company, died Thursday at his home in Yarmouth, ME. He was president and CEO from 1967 to 2001, chairman from 2001 to 2013, and chairman emeritus from 2013 until his death…
G-III Apparel Profits Double in Q2
G-III Apparel Group, Ltd., makers of fan apparel, reported second quarter earnings doubled to $12.4 million, or 27 cents a share, from $6.2 million, or 14 cents, a year ago. Driven by robust wholesale and retail performance, sales increased 12 percent to
Adidas Disses Under Armour Over U.S. Andy Murray Fiasco
Andy Murray, who signed a deal with Under Armour last year, has drawn attention for continuing to wear Adidas shoes at the U.S. Open, despite his contract with Under Armour. Adidas responded with a tweet…
Under Armour Extends Contract with Temple
Under Armour Inc. and Temple Athletics announced a 10-year partnership extension…
Raleigh Renews Bike Donations to Trips for Kids
Raleigh USA will provide its Talus 2 and Eva 2 kids bikes to Trips for Kids International (TFK) to help it support its U.S. chapters for the second year in a row…
Earth Brands Footwear Partners with Trees for the Future
Earth Brands, the women’s comfort footwear manufacturer, announce its new fall collection tied to saving trees…
Garmont Receives Equity Investment
Garmont International Srl has sold a 25 percent equity stake to Veneto Sviluppo, a regional holding company near Venice, Italy for €1 million…
Russell Athletic Renews Alliance with Western Kentucky
Russell Athletic and the Western Kentucky University Athletic Department announced a five-year, $3.5 million renewal to supply athletic apparel for its intercollegiate athletic teams…
