Asics to Expand Accelerate Hope Collection

After years of success, Asics is planning larger donation percentages to the selected charities as part of its Accelerate Hope initiative. This fall, the line will also be expanded within footwear, apparel and accessories. New products within the collecti

Consumer Confidence Hits Highest Level Since Jan. 2008

The Conference Board Consumer Confidence Index, which had decreased in February, improved in March. The Index now stands at 82.3 (1985=100), up from 78.3 in February. It was the strongest reading since the index stood at 87.3 in January 2008, just as the

Gaiam Inc. Closes Boulder Store

Gaiam Inc. has closed its store on Pearl St. in its home town of Boulder, CO, according to the Boulder Camera daily newspaper. The news comes a week after Gaiam's CEO announced the company was evaluting ways to monetize the value of its Boulder headq

Xenith Becomes an Official Supplier of the NFL

Xenith, LLC, based in Lowell, MA, announced that it has become “An Authorized Supplier of Helmets to the NFL.” Xenith football helmet technology has been on the field since 2009 at all levels of play and a growing number of NFL players have ch

Pacific Vector Closes 13 Stores

Pacific Vector Holdings Inc., which announced plans in January to reduce its debt, closed 14 of the 34 action sports stores it acquired last year from Ryderz Compound Inc. The company began rebranding Xryderz and No Fear stores to its Pr7me Ride Shops ban

PVH Corp. Swings to Loss on Acquisition Charges

PVH Corp. swung to a loss in the fourth quarter ended Feb. 2 after charges tied to last year’s acquisition of Warnaco Group Inc., which included the Speedo brand as well as Calvin Klein underwear and jeans…

Lenzing Says Cotton Glut Sent Fiber Prices South in 2013

Lenzing Group reported consolidated sales fell by 8.7 percent in 2013 to €1.91 billion due to a global cotton glut that pushed down prices for commodity cellulosic fibers. The company accelerated construction of a factory in its native Austria durin

Teva Launches Originals Collection Campaign

Teva, a division of Deckers Outdoor Corporation, welcomes the spring season by celebrating the adventurous spirit with the global launch of a new integrated marketing campaign supporting its iconic Originals Collection…

Seizure of Counterfeit Goods Surged in FY13

The number of federal seizures of counterfeit and pirated goods increased nearly 7 percent in FY 2013, thanks in part to a surge in seizures of counterfeit pro sports apparel and a crack down on rogue websites, according to an annual tally by the federal