Alibaba Group has spent RMB1 billion ($160.7 million) in the year ended Nov. 30 fighting counterfeit goods and enhancing consumer protection online, the company's CEO Jonathan Lu said Tuesday. Lu said the company has assigned more than 2,000 employee
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New Balance Sues Converse Over Trademark Rights
New Balance Athletic Shoe Inc. has filed a lawsuit against Converse Inc. in a apparent bid to protect its PF Flyers designs. The lawsuit noted that Converse in mid-October went to the International Trade Commission seeking to assert trademarks on classic
Bob Hurley to Headline Agenda Emerge Conference Next Month
Hurley Founder Bob Hurley will headline a list of iconic creative directors, industry leaders and entrepreneurs in the youth marketplace at Agenda Emerge, which will be held on the last day of the Agenda Long Beach Show…
Two Thirds of Shoppers to Buy at Least Half of Their Gifts Online
New Mintel research conducted just this month finds that two thirds (67 percent) of online holiday shoppers plan to buy at least half of their presents online. The number climbers even higher among Millennials, Generation X and those with…
Japan’s Yomiuri Giants to Wear Under Armour in 2015
The Yomiuri Giants, Japan’s best-known baseball team, will be outfitted by Under Armour in 2015, under a new agreement. The multi-year apparel and accessories partnership was announced in Tokyo by the team and Dome Corp., which is licensed to sell t
New Era Cap to Make Golf Caps
New Era Cap announced the introduction of technologically advanced caps designed to meet the specific performance needs of golfers. The company is making the caps available to a limited number of golf shops in 2015. New Era Golf signed a four-year deal wi
PMA Asks for Federal Mediation of West Coast Labor Talks
The Pacific Maritime Association (PMA), which represents employers at America’s 29 West Coast ports, asked Monday for federal mediation in its contract negotiations with the International Longshore & Warehouse Union (ILWU)…
Point6 Expands Intermountain Representation
Point6, the maker of wool socks, appointed RM Sales and Avidd Sports to cover sales in the five-state Intermountain Rocky Mountain region…
Cane Creek Cycling Replaces CEO
Cane Creek Cycling Components board of directors announced that the company's CEO Scott Sonnone left the company Dec. 17 and has been replaced by David Hall, who joined Cane Creek as director of operations in November 2011…
Adidas, New Balance Join Consumer Electronics Association
Adidas and New Balance have joined the Consumer Electronics Association (CEA) in yet another sign of how important the sector has become to sporting goods brands…
Callaway Lifts 2014 Outlook But FX Issues Cloud 2015
Callaway Golf Co. slightly increased its earnings guidance for 2014 due to continued brand momentum and market share gains but lowered its guidance in 2015 on heightened volatility in foreign currency exchange rates…
Adidas Bests Nike to Secure Deal with the Sun Devils
Adidas edged out incumbent Nike and rival Under Armour last week in a deal with the Devils. The German sporting goods giant said it agreed to pay Arizona State University a minimum of $33.8 million in cash and product to become the Sun Devils' offici
Brown Shoe Divests Shoes.com, Focuses on Famous Footwear
Hard-charging Canadian entrepreneur Roger Harding acquired his third online shoe retailer since July last week by snapping up Shoes.com from Brown Shoe Company, which said the deal will allow it to focus more on enhancing omnichannel initiatives at Famous
Finish Line Lowers FY Guidance on Q3 Shortfall
The Finish Line, Inc. lowered its guidance for the year as margin pressure led it to miss third-quarter earnings forecasts. Excluding non-recurring items, the company showed a loss of 2 cents a share in the quarter ended Nov. 29, far short of Wall Street&
Stonewear Hires Treehouse Communications
Stonewear has hired Treehouse Communications in a bid to advance re-branding efforts and heighten product awareness as it launches a new logo and FW15 product collection targeting its core audience of adventurous, independent women…
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