Nautilus Sells Portion of Commercial Assets
Nautilus, Inc. has entered into definitive agreements for the sale of certain assets of its commercial business to Fit Dragon International Ltd. for $12.3 million. The agreements provide for the sale of certain assets of StairMaster and Schwinn Fitness, i
Columbia Sues Crocs Over Trade Secrets Dispute
Columbia Sportswear Co. is now suing Crocs Inc. for misappropriating trade secrets in a lawsuit involving a former footwear designer. The accusations were added to a lawsuit Columbia filed in August accusing Brian O'Boyle of designing footwear for Cr
Merchants: The Checks Are in the Mail
Merchants across the nation will receive checks this week for approximately $1.1 billion remaining from a 2003 settlement in the landmark antitrust case involving Visa and MasterCard-branded signature debit cards, according to the law firm Constantine Can
GSI Commerce Announces Stock Sale
GSI Commerce Inc. announced that certain former Retail Convergence Inc. stockholders have agreed to sell 2.2 million of their shares of GSI common stock in a registered underwritten offering. The selling stockholders acquired their shares of GSI common s
OIA Taps Democrat to Head PAC, Recreational Lobbying
Outdoor Industry Association has named former Democratic operative Craig Mackey Director of Government Affairs. Mackey will lobby Congress on federal land use and recreation policy and manage OIA's two-year-old Political Action Committee (OIAPAC)…
SGMA Supports Basketball and Volleyball Tariff Relief
The Sporting Goods Manufacturers Association (SGMA) said it is aggressively supporting the extension of duty suspension bills on basketballs and volleyballs. If the U.S. Congress approves tariff relief legislation by year's end that includes the SGMA
Sportfishing Trade Show Welcomes Fly Fishing Industry
The American Sportfishing Association ASA) invited AFFTA members, fly fishing retailers and the entire fly fishing industry to attend ICAST 2010 (International Convention of Allied Sportfishing Trades) being held this coming July in Las Vegas…
The Walking Co. Files for Chapter 11
The Walking Company Holdings, Inc. filed for voluntary Chapter 11 Bankruptcy protection, citing uncooperative landlords. The 210-store comfort shoe chain said it is seeking to renegotiate rents, shed its unprofitable stores and emerge from Chapter 11 in e
Stride Rite Children’s Group Appoints President
The Stride Rite Children's Group (SRCG) unit of Collective Brands Performance + Lifestyle Group announced that it has appointed Sharon John as its unit president. John will lead SRCG and its expanding portfolio of brands including Stride Rite, Robeez
Phoenix Footwear Gets New Credit Line
Phoenix Footwear Group, Inc. has entered into a new two year, secured revolving credit facility with First Community Financial, a division of Pacific Western Bank…
Adidas Unveils New World Cup Ball
Adidas unveiled its World Cup match ball Friday to coincide with the official group draw. The 32-team soccer tournament kicks off June 11 in Johannesburg and Cape Town, with preliminary-round fixtures split among nine host cities.
Sunglass Hut Inks Exclusive Sunglass Deal with Macy’s
Macy's and Luxottica group S.p.A. signed an agreement to open additional Sunglass Hut points of sale in about 430 Macy's department stores in the United States. Under the agreement, Sunglass Hut will be the exclusive operator of Macy's in-s
Costco Comps Rise 1% in November, Excluding Gas
Costco Wholesale Corporation reported comp store sales for the four weeks and 13 weeks ended Nov. 29 rose 2% and 1% respectively in the United States. Excluding gas sales, U.S. comp sales were flat during the month and grew 2% during the 13 week period…
At The Buckle, Comps Growth Slows to 1.4%
The Buckle, Inc. announced comparable store net sales, for stores open at least one year, for the four-week period ended Nov. 28 increased 1.4% from comparable store net sales for the four-week period ended Nov. 29, 2008.
Stage Stores’ Comps Drop 12.5% in November
Stage Stores, Inc reported that its total sales for the four week November period ended Nov. 28, 2009 decreased 11.3% to $110 million from $124 million in the prior year four week period. Comparable store sales decreased 12.5% this year versus a decrease
