MBT UK Falls into Administration

Masai GB Ltd, the UK distributor of MBT footwear, has confirmed that it has fallen into administration and has appointed Chris Laughton and Peter Godfrey-Evans of Mercer & Hole as joint administrators. The administration of the UK arm follows the filing f

Audi Unveils Trick e-Bike Prototype

Audi presented Wednesday a prototype of a high-performance e-bike at the Worthersee Tour in Carinthia Austria, ushering in a category of e-bikes that can be used for sport and trick riding…

Adidas Sues Big 5 Over Trademark Infringement

Adidas AG filed a lawsuit against Big 5, charging the West-coast sporting goods chain with selling sneakers with three parallel diagonal stripes similar to its iconic look. In its complaint filed with the U.S. District Court in Portland, OR, Adidaas said

Nike Extends Asian Soccer Sponsorship

The Asian Football Confederation (AFC) has extended its commercial partnership with sportswear behemoth Nike. Nike has worked with Asian soccer’s governing body since 2005…

Tavik Acquired by Incipio

Tavik, a music-driven, action sports lifestyle apparel brand, has been acquired by Incipio, a mobile device accessory company headquartered in Irvine, CA…

IBM: M-Commerce Reaches 13 Percent of E-Commerce Sales

Mobile commerce grew to 13.3 percent of online sales in in the first quarter, up from 7 percent in the first quarter of 2011, according to the IBM retail online economic indicator, a cloud-based analytics report which examines the state of the online reta

Nike Raises Sustainability Aims

Nike Inc. released its FY10-11 Sustainable Business Performance Summary which introduces its new targets and outlines its progress against key business, labor and environmental goals. The company also discusses the key challenges and its strategy for its

Adidas Marketing Exec Sent to Prison in Fraud Scheme

Britney Obstar, a former marketing manager at Adidas, was sentenced today by United States District Judge Garr M King to serve one year and one day in prison for orchestrating a fraud scheme that resulted in a $336,000 loss to Adidas. Judge King also orde