Lululemon Athletica Inc. beat its second quarter guidance by selling through a line of fall apparel faster than expected, but reported a sharp reversal in same-store sales. Margins suffered as the company boosted spending 21 percent to open stores, a new
Tag: People
The NBA Opens First Store in Southeast Asia
The National Basketball Association (NBA) announced that the first NBA Store in Southeast Asia will officially open later this year in Manila, Philippines…
Norway’s Megasport Files for IPO, Changes Name to XXL
Norwegian sporting goods retailer Megasport AS announce plans to launch an initial public offering of its ordinary shares and to apply for a listing on Oslo Børs and change its name to XXL ASA 1…
Dragon Alliance Puts SoCal Sales Under Mike Erwin
Dragon Alliance added Mike Erwin to the sales team, where he will head up the vital Southern California region…
Finish Line Youth Foundation Raised More Than $1.2M
The Finish Line Youth Foundation raised more than $1.2M through its summer fundraising efforts, consisting of its 12th annual golf outing and its #GetKidsActive campaign hosted in Finish Line stores and online at finishline.com. These funds will be used t
L.L.Bean Heir’s Foundation Awards Nearly $1M to Maine Nonprofits
The John T. Gorman Foundation, started by the late grandson of L.L. Bean’s namesake, is giving out nearly $1 million to 62 nonprofit organizations throughout the state of Maine…
Currie Technologies Names Hugg Walton SW Territory Manager
Currie Technologies named Hugh Walton as its new Southwest territory manager at Interbike. Walton replaces Marty Schlesinger, who becomes Currie's in-house events manager…
Balega International Expands Marketing Team
Balega International has added Sara Poovey, who it came to know at a running specialty retailer near its U.S. office in Hickory, NC to its marketing team…
POC Adds Four More U.S. Sales Reps
POC, the Swedish company that is branching into road bicycling helmets, apparel and other new categories with the backing of parent company Black Diamond Inc., has added four new independent sales representatives to its rapidly growing U.S. sales force…
Nike Ends Relationship with Ray Rice
Nike cut ties with Ray Rice on Tuesday after the release of a video showing the former Baltimore Ravens running back striking his then-fiancee in February. Dick's SG, Modell's and Fanatics are among the many retailers that have stopped selling R
Retail Imports Remain Above Average As Port Talks Continue
Retailers concerned by the lack of a West Coast longshoremen’s contract will continue to bring merchandise into the country at above-average levels this month but volume will drop from the record set in August, according to the monthly Global Port T
Sher-Wood Athletics Group Acquires Sher-Wood Hockey
Sherwood Athletics Group Inc. has acquired all of the assets and liabilities of Sher-Wood Hockey Inc., from Callidus Capital Inc…
Lowrance Signs Partnership with Fishing Holdings LLC
Lowrance, a manufacturer of fishing electronics since 1957, announced its renewed exclusive standard fit partnership with Fishing Holdings, LLC…
Dick’s SG Sets Grand Opening Celebrations for Columbus, MS and Stockton, CA
Dick's Sporting Goods set grand opening festivities for stores to open in Columbus, MS and Stockton, CA. Both officially open on Sept. 19. Eric Moulds and Vida Blue will make appearances…
Fleet Feet Appoints Director of Marketing
Fleet Feet, Inc. hired Ellen Donahue to the newly created role of director of marketing. Reporting directly to Fleet Feet President and CEO Jeff Phillips, Donahue, formerly at Nathan Sports, will work with the executive team to develop marketing campaigns