Skechers USA, Inc.announced that it has signed a deal with Winner Sports Pvt. Ltd. to license and distribute SKECHERS footwear and apparel in India…
Tag: People
PrimaLoft Partners with Film and Book Festival
PrimaLoft – Insulation Technology announced that it will be a sponsor of the 2009-2010 Banff Mountain Film and Book Festival, and North American Tour…
Yue Yuen Year-to-Date Profit Falls Despite Revenue Gain
Yue Yuen Industrial (Holdings) Limited reported sales for the nine months ended June 30 rose 4.8% to $3.8 billion. Profits decreased 17.2% to $362.8 million. Excluding non-recurring items, recurring profit attributable to equity holders increased by 9.5%
Modell’s Sporting Goods Plots Strategy for “Rebirth” Initiative
In its biggest overhaul since changing its name from “Modell's Shoppers World” in the late 1980s to focus solely on sporting goods, Modell's Sporting Goods last week launched a comprehensive reinvention initiative entitled “Rebirth.”…
EOG, OIA Coordinate Sustainability Efforts
The European Outdoor Group and the Outdoor Industry Association made a commitment to cooperate on the two organizations individual sustainability projects. The aim is to facilitate cross-adoption throughout the industry and optimize stakeholder engagement
Lake Tahoe Sees Early Snowfall
The Ski Lake Tahoe resorts welcomed the first significant early season snowfall over the weekend, helping kick start winter preparations and also set the stage for what is predicted to be an epic snow season in the Sierra Nevada. Top weather experts are p
Amer Sports Supports Youth Development in Africa
For the past three years, Amer Sports has supported the development of school sports in Tanzania through the Finnish non-governmental organization LiiKe ry (Sports Development Aid). LiiKe trains teachers to be physical education instructors and organizes
Nike, Inc. Overcomes Fiscal Q1 Sales Decline
Nike, Inc. saw shares rise 5.8% for the week to close at $62.02 on Friday despite a double-digit decline in fiscal first quarter revenues. The increase came as some analysts upgraded the stock after the company beat Wall Street earnings estimates on redu
USA Football to Award $1 Million in Grants
USA Football, the sport's national governing body on youth and amateur levels, announced that it will award $1 million in equipment grants to youth and high school football programs across America this fall based on merit and need. Its national partn
Heelys’ New CEO Elected to Board
Heelys Inc. said it has elected current CEO and President Thomas Hansen to its board of directors, according to a filing with the Securities & Exchange Commission…
Crocs. Inc. Secures New Asset-Backed Credit Facility
Crocs, Inc. said it has entered into a new asset-backed revolving credit facility with PNC as of Sept. 25, 2009. The agreement provides for up to $30 million in revolving loans which may be used for working capital needs and other items, as stipulated in
OIA Board Endorses OR Summer Market Date Shift
The Outdoor Industry Association (OIA) Board of Directors have announced their endorsement and recommendation of a shift of the Outdoor Retailer Summer Market (ORSM) dates from the third week of July to the first week of August in 2010 and beyond…
Nautilus to Divest its Commercial Business
Nautilus, Inc. said it is actively seeking buyers for substantially all of the assets, liabilities and ongoing operations of its commercial business. The fitness company said the move will enable it to focus its resources solely on its branded consumer bu
The North Face Speaks Out on EPA “Pesticide” Charges
The North Face faced a media firestorm last week after the U.S. Environmental Protection Agency reported that more than 70 styles of shoes advertised as bacteria-killing by the outdoor giant had not been registered with the agency. TNF said it had immedia
JJB Posts H1 Loss Amidst Investigation
JJB Sports Plc reported its first half loss widened due to inventory issues, and any concerns the company may have had were compounded by an investigation by the U.K.’s Serious Fraud Office (SFO) and the Office of Fair Trading to uncover possible wr