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Adidas’ CEO Gets Contract Extension

Adidas Chief Executive Herbert Hainer will stay in his job beyond 2010, the company said Thursday. Hainer, who has been CEO since March 2001 and with Adidas AG since 1987, had his contract extended, the company announced at its annual general meeting. The

Danskin Triathlon Series Celebrates 20 Years

The Danskin Triathlon Series — the largest and longest running women's triathlon series in the world – celebrates its 20th Anniversary this year with an expanded schedule of events, a new partnership and innovative programming designed to inspire an

Retail Import Volume at Lowest Level in Five Years

Import cargo volume at the nations major retail container ports improved in March over February¹s seven-year low, but was still at its lowest level in five years and remained below the 1 million mark, according to the monthly Port Tracker report released

RECALL: Ambler Mountain Works Children’s Beanies

The U.S. Consumer Product Safety Commission, in cooperation with Ambler Mountain Works announced a voluntary recall of the Erwin Beanie and Poseidon Beanie Children’s Knitted Hats. Consumers should stop using recalled products immediately unless otherwise

K2 Snowboarding Hires New Global Marketing Manager

Seattle-based K2 Snowboarding named Steve Metcalf Global Marketing Manager to lead all marketing and communications for the snowboard company. Metcalf previously developed marketing programs as the brand director and film producer for Aspen/Snowmass, one

Big 5 Has Tough Q1; Sees Traffic Improving

Big 5 Sporting Goods saw first quarter earnings fall 31.7% on a 4.4% comp store sales decline, but Steve Miller, BGFV’s chairman, president and CEO, said traffic and average selling prices had shown “meaningful improvement” since it provided its last upda

GSI Commerce Q1 Revenues Show Slight Increase

GSI Commerce Inc. reported that net revenues for the first quarter ended April 4 increased slightly to $196.5 million from $195.5 million in the year-ago period. Non-GAAP net revenues increased 14% to $106.3 million from $93.3 million Q1 last year. The l

Duofold Parent May See Some Light at Retail

Hanesbrands Inc., the parent of the Champion and Duofold brands, said that while first quarter results were in line with expectations and had been significantly impacted by the economic recession, the company may also be seeing some positive movement from

Excess Inventories at Retail Impact Unifi’s Third Quarter…

Unifi is seeing excess inventory at retailers and vendors work its way up to the suppliers. The company reported fiscal third quarter net sales fell 30.0% to $119.1 million compared to $169.8 million for the prior year’s fiscal third quarter. The cumulati

Eastern Mountain Sports Inks Deal with GSIC and Opens SoHo Store…

Eastern Mountain Sports signed a deal to replatform its Web store on GSI Commerce’s ecommerce technology solution. The new EMS online store is scheduled to launch this fall. In addition, Eastern Mountain Sports will open a new SoHo location at the corner

Cabela’s Comps Up, but Finance Unit Sinks Q1 Net

Mirroring a pervasive market trend that has emerged as a common thread for nearly all outdoor retailers, Cabela’s Inc. reported first quarter revenues were driven by notable strength from strong firearms and ammunition sales. However, despite any improve

U.S. Sec. of Interior Creates Office of Youth…

Secretary of Interior Salazar has created a new Office of Youth. The new office will coordinate a department-wide youth program to introduce young Americans from all backgrounds to national parks and monuments, refuges, public and tribal lands and to prom

Escalade’s Sporting Goods Sales Drop 11% in Q1

Escalade, Inc. reported revenues from the Sporting Goods business were down 11% in the first quarter. The Evansville, IN-based company said dealers are reducing inventory in light of the economy to conserve cash. Within many sporting goods categories, con

Birchwood Casey Acquires RIG Gun Care Products

Birchwood Casey said that effective February 27, 2009 they had acquired RIG and Bore Runner gun care products from the Fenton, MO based Jackson Safety Company (Silencio)…