According to Temple University's Sports Industry Research Center, which analyzed the economic impact of US Road Sports' three largest races, three races generated more than $50 million in impact and created 549 jobs in Miami, Chicago and Atlanta
Tag: People
Merrell Ups Commitment to Conservation Allliance
Merrell stepped up its commitment to the Conservation Alliance by signing on as a Pinnacle Member for 2011. As such, Merrell will contribute $100,000 annually to provide a solid financial foundation for the Conservation Alliance, which was created by outd
La Sportiva N.A. to Distribute Movement Skis in 2011-12
La Sportiva N.A. will distribute skis made by the big mountain freeride and freestyle brand Movement Skis during the 2011/12 Winter season…
GSI Commerce Acquires Analytics Company
GSI Commerce Inc. announced its Global Marketing Services division has acquired ClearSaleing, a Columbus, Ohio-based provider of advanced advertising analytics and attribution management. Terms of the deal were not disclosed…
Legendary Pittsburgh Sports Store Shutters Doors
Honus Wagner Sporting Goods, located on Forbes Avenue in downtown Pittsburgh, is closing after 91 years in business, according to several reports…
New Balance Faces Class Action Suit on Toning Claims
New Balance became the latest shoe maker to face a lawsuit over the advertising claims of its toning product. In the complaint filed in U.S. District Court in Boston, a 40-year-old Californian women, Bistra Pashamova, is seeking damages in excess of $5 mi
Canadian Fitness Research Authority to Lower Exercise Guidelines
Recommendations for the amount of time Canadians spend exercising are about to be simplified and, in some cases, reduced…
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
Christy Sports Opens New Store in Park City
Christy Sports, one of the largest ski and snowboard retailers in the Rocky Mountain region, opened a new location in Park City, Utah…
Cherokee Signs Exclusive License in Japan for its Cherokee Brand
Cherokee Inc. entered into an exclusive license agreement for its namesake Cherokee brand with Nishimatsuya Chain Co., Ltd…
Dick’s SG to Open Store in Layton, Utah
CBL & Associates Properties announced that Dick's Sporting Goods will join Layton Hills Mall in Layton, Utah. The new 46,500-square-foot sporting goods store will locate in the former Mervyns…
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
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%…
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