Gap Inc. to Shutter Piperlime
Gap Inc. has decided to close its Piperlime brand, including the online platform and single store in New York, by the end of the first quarter of fiscal year 2015…
Campbell Sports Named Stanley’s 2014 Agency of the Year
PMI named Campbell Sports as 2014 Agency of the Year for its Stanley brand at Outdoor Retailer Winter Market in Salt Lake City last week…
Dick’s SG Announces Grand Opening Celebration in Santa Rosa, CA
Dick's Sporting Goods will be opening its 39th store in California and 604th store nationwide on Friday, Feb. 6 in Santa Rosa, CA…
Super Bowl Expected to Generate Over $250MM for Greater Phoenix Area
PwC US estimates Super Bowl XLIX will generate approximately $206 million in direct spending throughout the greater Phoenix area by the National Football League (NFL), businesses, visitors, and media. This estimate includes spending on area lodging, tran
Nike Signs Five-Year Deal with Xavier
Xavier University Athletics announced a new five-year all-school deal with Nike to cover all sports. Xavier men's basketball has been a Nike program since 2001-02…
EBay to Spin off Enterprise Unit Ahead of Breakup
Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Jan. 21 that it will divest the business through a sale or IPO of its Enterprise segment. The transaction will need to be consummated before eBay spins off its legacy
Outdoor Retailer Wraps up Upbeat Winter Market
Outdoor Retailer, which is produced by Emerald Expositions, said brands, retailers and media had expressed positive feedback at the Winter Market show, underscoring “an air of optimism and excitement for the winter season.” The event in Salt L
Adidas Group Hits Sales and Earnings Targets for 2014
Adidas Group reported that preliminary results show it reached its updated top- and bottom-line financial targets on an underlying basis for 2014. Excluding the impact from its divestiture of Rockport, currency-neutral (c-n) Group sales increased 6 percen
Poll Shows Sharp Drop in in Participation in School Sports
Participation in school sports by children from households with less than $60,000 in annual income decreased 10 percent during the 2013-14 school year compared with the 2011-12 school year, according to latest University of Michigan Mott Children's H
Jarden Sees Upbeat Q4
Jarden Corporation expects sales in its fourth quarter of at least $2.4 billion, above Wall Street’s consensus estimate of $2.32 billio. Fourth quarter adjusted EPS are expected to meet or exceed the current consensus estimate of $1.11…
Luxottica Reports Strong Q4 Gains
Luxottica Group, the eyewear giant and parent of Oakley, Ray-Ban and Sunglass Hut, reported fourth-quarter revenues rose 13.4 percent, or 7.9 percent in currency neutral (c-n) terms, to €1.87 billion ($2.8 bn)…
Marker Völkl to Acquire Dalbello
Marker Völkl, which is part of Jarden Outdoor, agreed to acquire the Dalbello Group, the family-owned Italian Italian ski boot brand…
REI Partners with the American Council on Exercise
REI has joined forces with the American Council on Exercise (ACE) to offer specialized training for mountain climbing, backpacking and 5-10K runs in select REI store communities beginning in February…
PGA Tour Superstore and Golf Channel Partner
PGA Tour Superstore has signed a multi-year national partnership agreement with Golf Channel that includes a brand integration program and a strategic media buy…
Brooks Running Juggernaut Continues
Navigating a challenging run specialty channel much more adeptly than their lucky, hometown Seahawks are managing their playoff run, Brooks Running posted a 15 percent increase in revenue growth in 2014, reaching a half a billion dollars in annual sales.
