Nike to Invest $50MM to Get Kids Active

Over the next five years, Nike, Inc. will invest $50 million in the U.S. to increase the physical activity of kids in schools and communities as well as target advocacy efforts to inspire kids and draw additional resources to the effort. As part of this

Under Armour to Outfit USA Olympic Gymnasts

Under Armour, Inc. will provide performance apparel, footwear, and accessories for the USA Gymnastics athletes, coaches, and staff for the next eight years, through the 2020 Olympic Games. This is the brand’s first sponsorship of a national governi

Zoot Sports to Sponsor Boulder Coaching

Zoot Sports signed a two-year partnership as the official apparel and running shoe sponsor for Boulder Coaching. The Colorado-based company works to develop individualized training programs…

TJX Companies Comps Rose 7 Percent in Last Fiscal Year

The TJX Companies, Inc., which acquired Sierra Trading Post in December, 2012, reported net sales for the 53-week fiscal year ended Feb. 2, reached $25.9 billion, a 12 percent increase over last year. Consolidated comparable store sales for the year on a

Steve Madden’s Q4 Profits Improve

Steve Madden reported fourth-quarter sales increased increased 12.8 percent to $315.5 million. Retail comparable store sales increased 5.9 percent. Gross margin improved to 39.3 percent compared to 35.5 percent in the fourth quarter of 2011…

Nike CEO and Michelle Obama to Unveil Phys Ed Program

Nike chief executive Mark Parker will join First Lady Michelle Obama to make an announcement next Thursday in Chicago to make a major announcement to bring physical activity back to schools. According to a press briefing, the First Lady will also be joine

FGL Sports Reports 2.9 Percent Comps Growth in Q4

FGL Sports' fourth quarter retail sales reached C$444.2 million ($447mm) in the fourth quarter ended Dec. 29, 2012, up 4.5 percent compared with the same period in 2011, according to financial results released by its parent company Canadian Tire Corp

SPRI Products Hires National Sales Manager

SPRI Products, Inc., a distributor of rubberized resistance products and fitness accessories, has hired Bill Ciszewski as national sales manager, responsible for managing accounts in the specialty fitness retail, government retail and international channe