Consumer Confidence Hits Seven-Month Low
The Conference Board Consumer Confidence Index, which had declined in May, decreased again in June. The Index now stands at 58.5 (1985=100), down from 61.7 in May and to its lowest point since November, 2010. The Present Situation Index decreased to 37.6
Study: Chi Running Provides Benefits
A 2011 survey from ChiLiving, Inc. found 92 percent of respondents agreed that they felt that Chi Running and Chi Walking have played a role in preventing running/walking injuries…
RECALL: Yakima Flipside 4 Bike Hitch Carriers
Yakima Products, Inc. has decided that a defect which relates to motor vehicle safety exists in certain aftermarket FlipSide 4 bike hitch carriers (NHTSA campaign # 11E-025).
SIA Releases 2011 Snow Sports Participation Report
Participation in alpine skiing grew 5.4% and snowboarding 10.4% from the 2008/09 to 2009/10 seasons, according to 2011 Snow Sports Participation Report released by Snowsports Industries America. The report also found African-Americans, Asians and Hispanic
L.L. Bean Adding Three Stores in Northeast
L.L.Bean plans to open new stores in King of Prussia, PA; Yonkers, NY; and Paramus, NJ. By the end of 2011, the company will operate a total of 17 retail stores outside its home state of Maine…
Peter Millar to Sponsor U.S. Presidents Cup Team
Peter Millar, the high-end men's sportswear company, has been chosen as the official apparel provider for the U.S. Team at The Presidents Cup 2011, to be held Nov. 15-20 at The Royal Melbourne Golf Club in Melbourne, Australia…
Vasque Sales Manager Miller’s Wins Ironman Race
Vasque is proud to announce Chris Miller, sales manager for the US, competed and won the Ironman 70.3 Executive Challenge (XC) in Switzerland. Miller finished the race, which consists of a 1.2 mile swim, a 56-mile bike and a 13.1 mile run, with a time of
Etnies Celebrates 25 Years
As a celebration of Etnies 25th anniversary, Pierre-André Senizergues, former pro skateboarder and owner of etnies, hand-picked three creative minds from the brand's history – Gil Le Bon Delapointe, Mike Manzoori and Yogi Proctor – to create compel
Nike Q4 Profit Rises 14 Percent, Exceeds Expectations
Nike Inc. reported fourth-quarter revenues jumped 14 percent to $5.8 billion and would have been up 11 percent excluding currency changes. Earnings rose 13.9 percent to $594 million, or $1.24 a share. Futures orders for Nike Brand products were up 15 perc
Roller Skating Industry Launches National Campaign
The roller skating industry has started a national marketing effort – Make a Skatement – that industry leaders hope will increase skate sales and the number of young people participating throughout the country. Ron Creten, an industry veteran of 35 years.
Gildan To Co-Sponsor Football Bowl
Gildan and ESPN announced a multi-year title sponsorship that will begin with the 2011 Gildan New Mexico Bowl…
Bass Pro Plans First Store in New Jersey
Bass Pro has signed a lease to open a 200,000-square-foot store in Sayreville, NJ. The planned location will be the company's largest in the Northeast and second biggest overall…
Garmin Agrees to Acquire Germany’s Navigon AG
Garmin Ltd. has agreed to acquire Navigon AG, a German company that has a seven percent share in portable navigations devices (PND) and top selling navigation apps for the iPhone and Android platforms in Europe. The deal comes as many wonder whether smart
Best Buy Invests in Mobile Fitness Earbud Tech Firm
Valencell, Inc., a Raleigh-NC based mobile health and fitness technology company, said it has received $5.5 million in Series B venture investment. The round was led by Best Buy Capital, the investment group of Best Buy Co., Inc., with participation from
Travel Spending Lagged GDP Growth in First Quarter
Real spending on travel and tourism lagged overall GDP growth in the first quarter, growing at an annual rate of 0.6 percent, following an increase of 2.6 percent (revised) in the fourth quarter of 2010. The slowdown reflected a downturn in both domestic
