Rebounding retail sales in mainland China easily offset declining OEM sales at Yue Yuen Industrial Holdings Limited in the fourth quarter and enabled the company to post a 2.7 percent sales gain compared with the fourth quarter of 2013…
Tag: People
Study: Many Continue Heel-First Running in Minimalist Shoes
Forty percent of men and 20 percent of women continue running heel-first when running in minimalist shoes, according to a study released March 24…
Lenzing Announces Replacement for Departing Untersperger
Lenzing AG, the maker of Modal and other rayon fibers, appointed Stefan Doboczky as chairman of the management board to replace Peter Untersperger, who recently informed the board that he would not renew his contract…
Yue Yuen’s Rising Labor Costs Lead to FY14 Operating Loss
Yue Yuen Industrial (Holdings) Limited, which manufactures footwear for many leading Athletic and Casual/Outdoor brands, reported an operating loss of nearly $100 million in 2013 due in large part to rising labor costs in China…
San Diego Sports Accelerator Gains Autonomy
San Diego Sport Innovators (SDSI), a non-profit business accelerator focused on growing sports and active lifestyle companies, is now a free-standing organization independent from its parent company Connect, which focuses on the technology and life scienc
Vibram Hires CMO and NA Sales Manager, Finished Goods
Vibram hired Allon Cohne as its chief marketing officer and Chris Melton as its North American sales manager, Vibram Finished Goods.
Li Ning Widens Annual Loss
Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent…
Skechers Friendship Walk Raises $1.1 Million
Skechers President Michael Greenberg was recently joined by a number of celebrities at the 6th annual Skechers Friendship Walk check presentation in Manhattan Beach to celebrate the raising of $1.1 million in its annual charity event.
LEVA Honors Bosch EBike’s North American Executive
The Light Electric Vehicle Association (LEVA) presented Bosch eBike Systems North America's Claudia Wasko with its Cross Cultural Leader award March 19 for her work establishing e-bikes in North America…
High Sierra Among Samsonite’s Fastest Growing Brands
Samsonite International S.A. reported that 24.9 percent currency-neutral growth at High Sierra, and the acquisition of Gregory Mountain Products, helped fuel a 25.1 percent increase in sales in its casual product category in 2014…
Vista Outdoor Names VP of Investor Relations
Vista Outdoor Inc., the parent of Bushnell, Federal Premium, Savage Arms, Primos, Blackhawk! and Bollé, named Michael Pici to serve as its vice president of investor relations…
Fanatics to Operate New York Jets Fan Shop
Fanatics will bring an all-new Jets Shop fan experience to www.jetsshop.com, beginning Apr. 1…
Shoe Carnival’s Q4 Profits Soar
Boosted by favorable weather and strength in boots, Shoe Carnival Inc. reported earnings rebounded in the fourth quarter to $2.97 million, or 15 cents a share, up from $598,000, or 3 cents a share, a year ago. Results easily topped the off-price shoe chai
Largest Big 5 Shareholder Initiates Proxy Battle
Stadium Capital Management, LLC (SCM), which owns over 11 percent of Big 5 Sporting Goods Corp, plans to nominate three independent candidates to the sporting good chain’s board at its upcoming annual meeting…
Saucony Athletes Big Weekend Winners
Within a 48 hour period, Saucony athletes dominated road racing podiums from New York to Los Angeles to China.
Ben True won his third straight USA 15K title; Jared Ward was crowned USA Marathon Champion; Molly Huddle became the first American winner of NY
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