Skechers USA, Inc. announced that elite marathon runner Meb Keflezighi presented a $25,000 check to the Mayors Fund in New York City on behalf of Skechers for rebuilding efforts after the destruction of Superstorm Sandy…
Tag: People
Pearl Izumi Breaks Ground On New Louisville Headquarters
Pearl Izumi broke ground last Wednesday at the site of the company’s future world headquarters in Louisville, CO…
Haiku Acquired by Mountainsmith Parent Blackstone Investment Group
Haiku, a maker of women's bags and accessories sold by REI and many other outdoor retailers, has been acquired by Blackstone Investment Group, the Springfield, MO company that own Mountainsmith and manufactures private label sewn products for several
Mizuno’s Profits Slide in First Half
Mizuno Corp. reported revenues grew 4.2 percent in the six months ended Sept. 30, to ¥81.3 billion ($1.3 bn). Sales of footwear, especially running shoes, and apparel remained strong throughout the first half. Overall sales increased in Japan and the Unit
Adventure Cycling Association Membership up 5.5 Percent in FY’12
Adventure Cycling Association, a non-profit organization dedicated to promoting cross country cycling, grew membership, advertising sales and donations in the fiscal year ended Sept. 30, 2012. The organization now operates with a $4.95 million dollar bud
LED Lenser Donates Flashlights to Red Cross
LED Lenser USA rushed donations of LED flashlights to the Red Cross in New Jersey to help victims recovering in the wake of Hurricane Sandy…
Flow Sports Taps Rehberg to Head Snowboard Marketing
Flow Sports, Inc. announced that Dale Rehberg has been appointed director of marketing for Flow Snowboarding…
German Court Rules in Adidas’ Favor in Nike Patent Case
Adidas said that on Nov. 7 the Nuremberg District Court rejected Nike's request for an injunction to stop Adidas from making and selling its Primeknit shoe in Germany…
Compass Diversified’s Outdoor Businesses Post Mixed Third Quarter Results
Compass Diversified Holdings reported that CamelBak sold more bottles in the third quarter but was unable to offset a decline in military sales. Sales at its Fox Factory business, meanwhile, rose in the double digits thanks to growing orders for its suspe
Regional Retail Sales Off 20 Percent in Wake of Sandy
MasterCard Advisor’s SpendingPulse estimated that retail sales in the Mid-Atlantic and Northeast Region dipped by $4 billion, or 20 percent, last week in the wake of Hurricane Sandy, Bloomberg reported…
Macy’s To Again Offer Midnight Sales Thanksgiving Night
Macy’s will again launch midnight sales on Thanksgiving night, when it will offer a mobile app to help customers browse and shop for specials specific to their local store. The department store said it will offer savings on hundreds of items online
Major Retailers’ Holiday Expectations Highest Since 2007
Chief marketing officers at leading U.S. retailers expect a 3.7 percent increase in holiday comparable store sales, according to a recent BDO USA survey. This marks the survey’s most optimistic forecast since 2007 when CMOs expected a 5 percent inc
Nike Close to Sale of Cole Haan
Nike Inc is in final negotiations to sell its Cole Haan handbag and shoe brand to private equity firm Apax Partners, sources told Reuters…
Coach Wins $257 Million Judgment in Counterfeiting Case
Coach, Inc. has obtained a default judgment of $257 million in a lawsuit filed in Illinois Federal Court against individuals and businesses that operate websites selling counterfeit Coach merchandise. The judgment also awards Coach the ownership of 573 in
Costco’s October Comps Gain 9 Percent
Costco Wholesale Corporation reported net sales of $7.67 billion for the month of October, the four weeks ended Oct. 28, an increase of nine percent from $7.01 billion during the similar four-week period last year. Comparable sales in the U.S. increased
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