JJB Sports to Seek Additional Funding
Much maligned sporting goods retailer JJB Sports Plc may ask investors for as much as £50 million ($78.1 million) in additional funding after the company warned it would miss forecasts and possibly breach the terms of a previous loan, the Sunday Times sai
Crocs Inc. Agrees to Pay $230,000 EPA Fine
Crocs, Inc. has agreed to remove language on product packaging and pay $230,000 to resolve cases involving unsubstantiated antimicrobial claims for several types of its shoes, according to the Environmental Protection Agency…
VF Corp. Promotes Steve Rendle and Scott Baxter in Structural Reorganisation
VF Corp. promoted two executives, Steve Rendle and Scott Baxter, to the newly-created position of Group President. Rendle becomes vice president, VF and group president, Outdoor & Action Sports Americas. While continuing to lead its Imagewear coalition, B
Timberland Sells IPATH to Klone Lab
Timberland has sold the IPATH skate brand to Klone Lab, according to a memo sent to Timberland employees. In he second quarter of 2010, Timberland took a charge because IPATH had not met the revenue and earnings growth forecasted when it was acquired in A
Nike Honors Bobby Bowden
The National Football Foundation and College Hall of Fame (NFF) announced that Nike, Inc. and its chairman and co-founder, Phil Knight, have endowed in perpetuity one of the coveted NFF National Scholar-Athlete Awards in honor of coaching legend Bobby Bow
Costco’s Ex-Fuel December Comps in U.S. up 3%
Costco Wholesale Corporation reported net sales of $9.19 billion for the month of December, the five weeks ended Jan. 2, 2011, up 11% from $8.26 billion during the similar period last year. Excluding sales from the company's Mexico joint venture, sal
Bakers Footwear’s Holiday Comps Climb 3.2%
Bakers Footwear Group, Inc. reported December sales increased to $30.1 million from $30.0 million in the same period last year. Comparable store sales increased 1.3%, compared to an increase of 9.9% for December 2009, the five-week period ended Jan. 2, 20
Crocs Taps Creative Director
Crocs, Inc. appointed Becky Gebhardt to the company's newly created position of senior creative director…
Phoenix Footwear Signs Distribution Agreement for Canada
Phoenix Footwear Group Inc. entered into an exclusive distribution agreement with Canada Shoe Corp. The agreement grants Canada Shoe an exclusive right to distribute Trotters and SoftWalk branded footwear and related products in Canada…
S.A. Elite to Open in Marin, CA
Sports Authority plans to open its third S.A. Elite, its new smaller concept, this spring in Town Center Corte Madera in California. Its first two S.A. Elite locations were opened in the Denver area in August and November…
Report: Nike Signs Surfer to $1M Deal
Nike Inc. signed 2011 ASP World Tour qualifier Julian Wilson to an exclusive deal with Nike 6.0. The five-year deal, according to ESPN.com, is worth around $1 million, believed to be one of the largest contracts in the surf industry…
Anchor Blue to Close
Anchor Blue Inc., the Corona, Calif.-based denim retailer owned by Sun Capital Partners, has closed its corporate offices and is in the process of liquidating its its 120 stores…
Kohl’s Comps Climb 3.9% in December
Kohl's Corp reported sales during the five-week period ended Jan. 5 increased 5.9%. On a comparable store basis, December sales increased 3.9%. Year to date, total sales increased 7.2% and comparable store sales increased 4.6%…
Saks Sees December Comps Jump 11.8%
Retailer Saks Incorporated reported owned sales totaled $432.2 million for the five weeks ended Jan. 1, 2011 compared to $393.7 million for the five weeks ended Jan. 2, 2010, a 9.8% increase…
Interbike Hires Firm to Study Retailer Attendance
In an effort to better understand how retailers utilize the bicycle industry's annual trade show gathering, Interbike today announced it has hired New York-based Harvey Research to survey bicycle retailers…
