Neiman Marcus Is Sold for $6 Billion
Ares Management LLC and Canada Pension Plan Investment Board (CPPIB) announced that their affiliates have entered into a definitive agreement to acquire Neiman Marcus Group LTD Inc. from a group of investors led by TPG and Warburg Pincus for a purchase pr
Tubbs Ambassador Program Reaches Second Year
Tubbs Snowshoes kicked off the second season of its ambassador program, with new faces and personalities sharing snowshoeing experiences from unique perspectives across North America…
Nike Launches BTS PSAs to Support Let’s Move!
Nike athletes Serena Williams, Ashton Eaton, Paul Rodriguez, Sarah Reinertsen, Allyson Felix and Colin Kaepernick will be featured in a series of back-to-school PSAs urging communities to sign op for First Lady’s Let’s Move! Active Schools Ini
Report: Puma Looks for New Advertising Firm
Puma is looking for a new lead global agency after having left Droga5, which it had worked with since 2008, according to a report in Adweek…
R.G. Barry’s Q4 Revenues Up Slightly
R.G. Barry Corporation, the parent of Dearfoams, reported net earnings in its fourth quarter ended June 29, slid to $281,000, or 2 cents per share, from $474,000, or 4 cents, in the fourth quarter of fiscal 2012. Net sales reached $25.5 million, up from $
Polar Launches App for Physical Education Instructors
Polar, the maker of heart rate monitoring and fitness assessment devices, has launched the Polar GoFit iPad app, a solution for physical education teachers facing the challenge of objectively evaluating students based on their individual efforts in PE cla
Telluride Venture Accelerator Taking Applications from Outdoor Startups
The Telluride Venture Accelerator (TVA) is accepting applications for its second annual fund raising competition from entrepreneurs in the areas of natural and organic products; health and healthy living; tourism; recreation; outdoor products…
Eurobike Attendance Rises 3.4 Percent
Eurobike closed Aug. 31 after drawing 45,200 trade visitors from 111 countries, up from 43,700 in 2012, according to show producer Messe Friedrichshafen…
Vasque Enters Marketing Pact with Steamboat Ski and Resort Corp.
Vasque has been named the Official Footwear sponsor for the Steamboat Ski & Resort Corporation as part of a three-year partnership agreement…
REI’s New CEO Brings Impressive Retailing and Sourcing Credentials
Recreational Equipment, Inc. (REI) named a former executive of The Limited and Coach Inc. and a member of the board of directors at Lululemon Athletica Inc. as its next president and CEO…
Confluence Watersports Signs on as Major Sponsor of ICF Freestyle Kayaking World Championships
Confluence Watersports joined Duke Energy, Coca Cola, Subaru and other companies as a major sponsor of the ICF Freestyle Kayaking World Championships. The event, which has not been hosted in the United States since 1996, takes place Sept. 2-8 at the Nanta
Genesco Cuts Q3 Guidance on BTS Slowdown
Genesco Inc. slashed its profit outlook for the year after experiencing a drop-off in second-quarter sales and seeing the sluggish trend continuing so far in August…
Merkel Kicks Off Eurobike, Pans Mandatory Helmet Laws
German Chancellor Angela Merkel officially opened Eurobike, the biggest bicycle trade show in Europe, a first for a German head of government. Addressing more than 10 000 attendees of the show Wednesday morning, Merkel said that the more cyclists there ar
ICSC Reports Chain Stores Sales Resumed Growth in Third Week of August
Weekly chain store sales rose by 0.2 percent in the week ending Aug. 24, according to on the International Council of Shopping Centers (ICSC) and Goldman Sachs Weekly Chain Store Sales Index. On a year-over-year basis, sales slowed to 1.9 pecent, or the s
Delta Apparel Q4 Net and Sales Slip
Delta Apparel, Inc. reported that net sales for the fourth quarter ended June 29 were $133.6 million compared to $135.4 million for the comparable 2012 quarter. Net income for the 2013 fourth quarter was $4.0 million, or 48 cents per diluted share, compar
