The German Football Association (DFB) and adidas have inked a long-term extension of their partnership of more than 50 years until the year 2018. The extension of the agreement is the result of a settlement which the Arbitration Court had advised both par
Tag: Trade
Second Quarter Retail Results May Signal a Pause in the Move to Premium in Team Sports…
The macroeconomic trends that the majority of public companies discussed on conference calls for the second quarter were also felt in the team sports market as overall sales improved less than one percentage point over the year-ago quarter. This near-flat
Orange 21 Q2 Profits Impacted by Restructuring…
Orange 21 Inc., parent company to Spy Optics, is still battling with restructuring and integration following the acquisition of their Italian factory, LEM. Second quarter sales increased 15.5% to $11.9 million from $10.3 million for the same period last y
REI launches new ‘Eco-Sensitive’ Labeling…
While many vendor companies and OIA are meeting to discuss standards for eco-sensitive labeling, REI has already rolled out a plan to implement a similar program into its REI brand products. The new eco-sensitive label will designate items manufactured wi
Atomic Completes Formation of New Sr. Management Team
Atomic USA completed their new team of senior level staff. The new leadership comes as Atomic USA is shifting headquarters and operations from Amherst, New Hampshire to Ogden, Utah. The new team will be led by Mike Adams, president and general manager of
Orange 21 Q2 Sales Grow, But Profit Drops
Orange 21 Inc. saw consolidated net sales increase 15.5% to $11.9 million for the second quarter from $10.3 million for the same period last year. A net loss of $1.5 million widened 87.5% from a loss of $0.8 million for the second quarter last year…
J.C. Penney Comps Jump 10.8%
J. C. Penney Co. Inc. reported total company sales increased 13.3% for the four weeks ended Aug. 4, including a 13.6% increase in total department store sales. Comparable department store sales increased 10.8% following a 4.9% increase last year, and comp
Heelys Doubles Q2 Sales, Triples Net Income
Heelys, Inc. recorded a 140% increase in net sales for the second quarter to $74.3 million from $30.9 million a year ago, beating earlier guidance of $65 million to $70 million. Net income jumped 205% to $12.8 million from $4.2 million for the year-ago qu
Timberland Continues to Struggle in Second Quarter as Loss Widens…
Timberland saw yet another quarter of declining profits as sales slipped on continued weakness in the urban market and slow sales of TBL’s iconic wheat boot due to Timberland’s decision to constrict supply and create scarcity. The majority of the sales de
Sport-Haley Director Appointee Withdraws from Election
Sport-Haley, Inc. has cancelled its special shareholders' meeting after receiving a letter from Daniel Zeff notifying the company that he had withdrawn his consent to stand for election as a Director. As the meeting sole purpose was the election of M
Aldila Posts Slight Q2 Sales Gain, Exits Hockey Biz…
Aldila posted a slight increase in second quarter net sales as Golf products were relatively flat to last year, but composite prepreg materials were up in the mid-singles. The company announced that it completed production of hockey sticks in the quarter
ITC Report Gives OIA and SIA Tools in Trade Negotiations
The U.S. International Trade Commission released a report that supports Outdoor Industry Association’s and SnowSports Industries America’s assertion that no commercially viable production of performance outerwear pants and jackets is available in the Unit
Rocky Brands Second Quarter Income Falls on Non-Cash Charge
Rocky Brands, Inc. second quarter of 2007 net sales increased 2.6% to $58.8 million versus net sales of $57.3 million in the second quarter of 2006. The Company reported a net loss of $1.4 million, or 25 cents per diluted share versus a net loss of $0.2 m
Billabong to Acquire South Africa Licensed Business
Billabong International Limited has reached in-principle an agreement to acquire its licensed business in South Africa. The business comprises a wholesale distribution channel (and associated outlet store) and small-scale manufacturing facilities. The acq
Crocs Inks MLB Licensing Deal
Crocs, Inc. has reached an agreement with Major League Baseball Properties that allows Crocs to license the names and logos for all 30 Major League Baseball teams and related properties with worldwide distribution rights. The products include a primary te
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal