SRAM, LLC, of Chicago, IL, has recalled 1,700 of its SRAM Red rear derailleurs, because the rear pivot pin can loosen or dislodge and cause the rear derailleur to jam or interfere with the wheel, posing a fall hazard…
Tag: Supplier
ComScore: Cyber Monday Jumps 18 Percent to $1.74 Billion
ComScore reported U.S. retail e-commerce spending from desktop computers on Cyber Monday reached $1.735 billion, up 18 percent versus year ago, representing the heaviest online spending day in history and the second day this season (in addition to Black F
Golf Course Merchandise Sales Grew Faster Than Rounds Played in October
PGA PerformanceTrak reported merchandise sales at U.S. golf clubs increased 7.2 percent in October as rounds played rose 4.2 percent…
Justices Turn Away Amazon’s Appeal on NY Internet Sales Tax
The U.S. Supreme Court rejected claims by Amazon.com. and Overstock.com that a New York law compelling them to collect sales tax from their customers in the state is unconstitutional. The ruling, coincidentally made on Cyber Monday, could encourage more s
Adidas Group Reconfirms Route 2015 Targets
The Adidas Group confirmed its Route 2015 targets which forecast sales of €17 billion and an operating margin of 11 percent in 2015 at the 2013 Investor Field Trip in Herzogenaurach. In addition, the senior management of the group shared preliminary
Mobile Devices Propel Cyber Monday Sales to Record Levels
U.S. shoppers made Cyber Monday the biggest online shopping day in history with a 20.6 percent increase in online sales, according to the latest cloud-based analytics findings from IBM. Mobile sales led the way, exceeding 17 percent of total online sales,
Sport Chalet Warns of Possible NASDAQ Delisting
In a filing with the Securities & Exchange Commission, Sport Chalet Inc. noted that it received notice from the NASDAQ Stock Market about the company’s non-compliance with the exchange’s rules. Nasdaq requires a company to hold a minimum of $
Pearl Izumi Sets Ribbon Cutting for New Colorado Headquarters
Pearl Izumi will host an open house and ribbon cutting event at its new headquarters in Louisville, CO on Sunday, Dec. 8 at 6:00 PM…
Sweaty Betty Opens Second U.S. Store
Sweaty Betty, which was founded in London in 1998, recently opened its first two stores in the U.S. stores in the last four months — one in the Soho district in New York City and one in Greenwich, CO. A third is being planned for 2014…
Exceed Co. To Go Private
Exceed Company Ltd., the sportswear brands in China, said Pan Long Company Limited, wholly owned by Shuipan Lin, will acquire the company for US$1.78 per ordinary share. This represents a 19.5 percent premium over the closing price of US$1.49 on Aug. 16,
NRF: Consumers Embrace Thanksgiving Day Store Openings
Retail traffic surged 27 percent on Thanksgiving Day as consumers responded to earlier promotions, store hours and promotions to make up for the shorter shopping period this year, according to an annual survey conducted over the weekend on behalf of the N
Vibram Establishes Finished Goods and Components Business Units
Vibram disclosed that it has centralized global marketing and administration of its legacy components business with its newer finished goods business, which includes its hugely successful Vibram FiveFingers brand. The objective is to ensure a more cohesiv
And This Year’s Sassy Goes to…
Benchmade Knife Company will take home the “Sassy” travelling trophy – a hand carved, three-foot-tall, redwood Sasquatch from Humboldt County, CA after being named the overall winner of the second-annual American Made Outdoor Gear Award. An of
Mizuno Enters U.S. Soccer Market With Cleats
Marking it soccer entry in the U.S., Mizuno released four premium firm ground (FG) soccer cleat models in their Heritage, Speed and Power cleat portfolios to U.S. soccer players. Available online only at www.mizunousa.com, the line-up includes two Japanes
Shoe Carnival’s Q3 Earnings Dip
Shoe Carnival Inc. reported earnings dipped 10.7 percent in its third quarter, but they reached the higher end of guidance provided in late August. Comparable-store sales grew 0.7 percent, helped by a mid-single digit comp gain in October with the aid of
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