Collective Brands, Inc. gave the market a peek inside its business model at its recent shareholder meeting, providing investors, analysts and the media with a pretty comprehensive look at a model that merges once divergent wholesale, retail and licensing
Tag: Trade
Columbia Signs License for Pet Products
Columbia Sportswear Company entered a licensing agreement with RC Pet Products to design, manufacture and market a new line of Columbia Sportswear-branded pet products aimed at outdoor consumers…
Yue Yuen’s Q3 Profit Down 3.7%
Yue Yuen Industrial showed a 3.7% decline in net profits in the third quarter ended June 30, to $119.3 million from $123.9 million a year earlier. A booming business in China is being offset by weakness in North America and Europe. Sales in the period ga
Callaway and Nike Go to Court…
Callaway Golf Co. filed suit in Portland early last week accusing Nike and former Callaway executive Robert Arluna of “misappropriating trade secrets,” in violation of Oregon law. The judge presiding over the case temporarily prevented Arluna from startin
Unifi Appoints New Executives
Unifi, Inc.'s Board of Directors has elected William L. Jasper as the company's president and chief executive officer, R. Roger Berrier, Jr. as its executive vice president of sales, marketing and Asian operations, and Ronald L. Smith as its vic
Cocona Receives Capital Infusion…
Cocona Inc. received a “major capital investment” from Fairhaven Capital. Sources at both Cocona Inc. and Fairhaven declined to disclose the exact investment amount. Fairhaven is an early stage private equity investment firm that has historically pursued
Nautilus/Pacific Cycle Partner around Schwinn
Nautilus, Inc. and Pacific Cycle Inc., the two organizations who have shared control of the Schwinn brand since 2001, have formed a distribution agreement to better serve the cycling and fitness needs of the nation's independent bike dealers. The Pac
Genesco Inc. Turns in Weak Q2; The Finish Line Looks to Re-Evaluate Merger…
Shortly after Genesco, Inc. reported its disappointing second quarter results last Thursday, The Finish Line, Inc., which is in the process of acquiring its rival, came out with an announcement of their own that signaled their own disappointment. FINL sa
NYC Has Been Designated a ‘Ping’ Free Zone…
With a strike of the gavel, the sporting goods market in New York City took on a very different aspect last week as a federal court judge upheld the city’s ban on non-wood and non-wood composite bats in high school games, meaning the ban will take effect
Famous Footwear Q2 Gets Lift from Nike and Skate…
Brown Shoe reported operating earnings at Famous Footwear vaulted 59.3% to $19 million for the fiscal second quarter and revenues rose 8% to $316.1 million, driven by 61 new stores and a 3.6% same-store sales increase…
Collective Lays Out Plans for Saucony and Hind…
Collective Brands, formerly Payless and the new owners of Stride Rite, Keds, Sperry Top-Sider, Saucony and Hind, saw second quarter Payless sales decrease 1% to roughly $699 million with comp store sales slipping 1.4%. These results do not include Stride
Sierra Trading Post Launches Customer Review Feature
Sierra Trading Post inked a deal with PowerReview for their proprietary tag-based customer reviews to go live on SierraTradingPost.com…
City Sports to Carry Eleksen iPod Apparel
Eleksen Group announced that City Sports will carry a new line of iPod-enabled men's and women's outdoor apparel using Eleksen’s ElekTex technology…
Billabong Sees Double-Digit Growth in All Regions
Billabong International Limited ended its fiscal year with double-digit growth up and down the P&L as sales grew in the mid-20s on strong performances in all regions that led to a mid-teens bottom line gain…
Fleet Feet Launches New Branding Campaign
Fleet Feet, Incorporated, the nation’s leading franchisor of running specialty stores, announced the launch of “Fitlosophy” the complete fit experience, a new national branding campaign. Fitlosophy represents Fleet Feet Sports’ philosophy of Fit, and it w
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