Vietnamese and US Businesses See Biggest Gains from TPP

Nearly 70 percent of businesses expect the Trans Pacific Partnership (TPP) trade pact will benefit their economies, with those in Vietnam, the United States, Chile and Singapore being most enthusiastic, according to a snap poll conducted by Edelman…

Nike Targets $50 Billion by 2020

Nike Inc., at its first investor meeting in two years, set a growth target to reach sales of $50 billion by 2020. Nike expects its women’s business, running, the Jordan brand and e-commerce to drive the growth…

Asics Sued by Former U.S. Retail License Partner

Asics America and its Japanese parent Asics Corp. was charged with deliberately withholding promised inventory and marketing support from 13 retail stores owned by a key U.S. licensee, imperiling the licensee's success, according to a lawsuit filed t

Hoka One One Moves to Goleta, CA

Hoka One One has relocated to the headquarters of its parent, Deckers Brands, in Goleta, CA, from Richmond, CA. A Deckers Brand spokesperson said the move was made to better align Hoka with the resources available through the larger Deckers family to furt

Report: Quiksilver May Merge with Billabong

Oaktree Capital Management LP is exploring merging Quiksilver Inc. with Billabong International Ltd., an investment banker told a judge overseeing Quiksilver's Chapter 11 bankruptcy proceeding Wednesday, according to a report by Bloomberg…

Sporting Goods Sales Rise in September

Sales of sporting goods/hobby/book/toy stores gained 6.4 percent to $7.08 billion in September, up from $6.65 billion, according to preliminary figures from the U.S. Dept. of Commerce census…

MEC Begins Selling Alpine Gear at Four Stores

Mountain Equipment Co-op (MEC) will begin selling alpine skiing and snowboarding gear today at four of its 18 stores across Canada for the first time in its 44-year history, according to a report by CTVNEWS.ca. Like its U.S. counterpart REI, Vancouver, B.