Dick’s Sporting Goods Sees Slow Recovery
Dick's Sporting Goods is planning for a “very modest recovery going forward” but has some plans in place in case the turnaround gains momentum. Speaking at the Goldman Sachs Retailing Conference last week, CEO Ed Stack said, “We've got things in
Forzani Group Posts Second Quarter Loss as Cool Summer Hits Sales
Forzani Group Ltd. reported a CN$4.4 million (U.S.$4.1 mm) loss for the second quarter, hurt by the recession and cool summer weather across much of Canada. The retailer also blamed a few special circumstances, including costs and distractions caused by a
New Balance Sues Louis Vuitton
New Balance Athletic Shoe Inc. has sued LVMH Moet Hennessy, alleging that Louis Vuitton's Minstrel sneaker intentionally copies New Balance's 574's shape and coloring. Paris-based Louis Vuitton started selling the Minstrel for $590 last mon
Lululemon Sees Sales Perking Up, Aiming for Positive Q4 Comps
Lululemon Athletica Inc.'s second quarter earnings were down from a year earlier but results handily exceeded its own internal guidance and the yoga-themed retailer has turned bullish on the back half of the year…
REI Releases Stewardship Report
REI released its third annual stewardship report that provides an evaluation of the co-op’s social and environmental efforts in the 2008 calendar year. The report updates progress toward short and long-term goals, including the co-op’s environ
Bag Boy Pushes Golfers To “Walk The Course” For Health
The Bag Boy Company, the maker of golf carts and bags, is sponsoring two golf events in October and encouraging golfers to walk the course…
ASR Exceeds Expectations
ASR Marketplace said it exceeded expectations during its September 10th-12th event “with an air of optimism spurring order writing and planning for the future.” Over 500 brands showed spring and summer 2010 lines to thousands of buyers, media, athletes an
Fly Fishing Retailer Show Considering Move to Salt Lake City
Rumours circulated that the Fly Fishing Retailer Show was moving from Denver to Salt Lake City. But Alan Gnann, Chairman, American Fly Fishing Trade Association, wrote in an e-mail that nothing has been decided yet…
Timex Group Names SVP for Supply Chain
Timex Group B.V. announced the appointment of Mike Wilson as senior vice president for supply chain. Mr. Wilson will join the company effective September 15th and will report directly to Timex Group President and Chief Executive Officer Hans-Kristian Hoe
PUMA Issues Sustainability Report
PUMA has issued its fifth sustainability report. The 121-page document covers the reporting period 2007/2008 and details PUMA’s progress to enhance working and social standards in its supply chain, build capacity at its suppliers’ factories, b
Lululemon’s Q2 Profits Slide as Comps Dip 2%
Lululemon Athletica Inc. reported revenues in the second quarter increased 14% to $97.7 million from $85.5 million a year ago. Sales from corporate-owned stores increased 9% to $85.1 million from $78.3 million although comps were down 2%. Earnings slid 17
NexCen Brands Announces Expansion of Six Franchised Brands in Africa
NexCen Brands, Inc. signed a master franchise agreement with Teixeira Development Group, an Angolan company, for the expansion of the Company's Great American Cookies, MaggieMoo's, Marble Slab Creamery, Pretzelmaker, TAF, and Shoebox New York br
SGMA Forms European Help Desk
SGMA has launched a new program, the SGMA European Help Desk, designed to assist member companies in improving their competitiveness in the European marketplace…
Speedo Extends Sponsorship with Michael Phelps Through 2013
Speedo extended its long-time partnership with swimming superstar Michael Phelps through 2013. As part of Phelps’ new Speedo deal, the brand will donate $10,000 to the Michael Phelps Foundation for every World Record Phelps sets; Phelps has committe
Senate Forms Outdoor Recreation Caucus
Senators Mark Udall (D-CO) and James Risch (R-ID) have created the Senate Outdoor Recreation Caucus. The aim of the Caucus is to encourage healthy, active lifestyles that foster an appreciation of America's lands and waters through participation in o
