ORSM 2010: Paddle Sports Business Surges

According to Outdoor Retailer tradeshow director Kenji Haroutunian, a trade show is like a specialty retail store. If OR Summer Market wants to sell the Paddle Sports lifestyle, it has to offer more than just gear on a shelf and the new Paddle Sports sect

Hanesbrands Acquires Gear For Sports

Hanesbrands Inc. has entered into a definitive purchase agreement to acquire GearCo, Inc., known as Gear For Sports, which sells licensed logo apparel in college bookstores…

SKX Shares Fall On Suit Claims

Skechers USA, Inc. fired back last week against critics and lawsuits challenging the fitness claims of its Shape-Ups toning footwear, citing multiple research studies and customer testimonials backing the efficacy of rocker-bottom shoes…

Gun Rights Group Files Suit Against Chicago Ordinance

The Second Amendment Foundation (SAF) has reportedly filed a lawsuit in federal court against the City of Chicagofs new gun ordinance, asserting that gby banning gun ranges open to the public under color of law,h the city is depriving citizens of their

Nordstrom 2Q Earnings Rise 39%

Nordstrom Inc. reported net income in its second quarter that ended July 31 was $146 million, or 66 cents per share, up from $105 million, or 48 cents per share, a year ago.Revenue rose 12.7% in the quarter to $2.42 billion, helped by an 8.4 percent same-

Phoenix Footwear Sales Drop 5% in Q2

Phoenix Footwear Group, Inc. said net sales for the second quarter ended July, 3, 2010 were $3.8 million, down 5% compared to net sales of $4.0 million for the second quarter of 2009…

Former New Balance COO Tapped to Head Spira

El Paso-based Spira Footwear announces the hiring of Jim Tompkins, the former president and COO of New Balance Athletic Shoe Inc., as president of the patented WaveSpring-inspired Spira brand…

Acushnet Files Suit Against TMaG

Acushnet Company, the golf business of Fortune Brands, Inc. and manufacturer of Titleist and FootJoy, has reportedly filed suit in Superior Court in the Commonwealth of Massachusetts against TaylorMade-adidas Golf (TMaG) and professional golfer Camilo Vil

Gildan Reaches Settlement in 2008 Securities Case

Gildan Activewear Inc. has entered into an agreement to settle all proposed securities class action proceedings filed in 2008 before the Ontario Superior Court of Justice, the Quebec Superior Court and the United States District for the Southern District