Port of Long Beach Container Traffic up 3.7 Percent in July
The Port of Long Beach reported total cargo container numbers rose 3.7 percent in July compared to the same month last year, making for the Southern California seaport’s busiest July since 2010…
Goal Zero Acquired by Electric Utility NRG
NRG Energy, Inc. acquired Goal Zero for an undisclosed sum Aug. 14, marking the utility company’s first acquisition of a consumer products company…
Easton, Double-Digit Organic Growth Boost PSG’s Fiscal Q4 Sales
Performance Sports Group Ltd (PSG) reported strong organic growth in both its hockey and lacrosse businesses in the quarter ended May 31 in addition to growth attributed to the Easton and Combat diamond sports brands acquired this spring…
Employee Benefits Costs Nearly Wipe Out Yue Yuen’s 1H Profits
Yue Yuen Industrial Limited reported that its decision to increase contributions for employee benefits by $90 million in the second quarter to compete in China’s increasingly competitive labor market wiped out much of its profits for the period. The
ASICS Reports Lower Exports Cause Japanese Fiscal Q1 Revenues to Dip
Asics reported its sales in Japan decreased 1.5 percent to ¥27.2 billion ($267 mm), mainly because of a decline in footwear sales to overseas sales subsidiaries…
Biometric Apparel Startup Athos Raises $12.2 Million for Fall Launch
Athos, which has announced plans to launch a line of biometric fitness apparel this fall, closed $12.2 million in Series B funding, which the company plans to use to scale a new manufacturing process for embedding sensors in garments in advance of its fal
BPSA Forms Electric Bike Committee
In yet another sign that e-bikes are gaining traction in the U.S. market, the Bicycle Product Suppliers Association (BPSA) created an Electric Bicycle Committee last week…
Grassroots Taps Former Chaco Sales Director as Next President
Grassroots Outdoor Alliance, which represents some of the most iconic independent outdoor specialty retailers in the country, named Wes Allen as its new president…
Adidas Closes Adams Golf’s Headquarters in Plano, Texas
TaylorMade-Adidas Golf is closing the Plano, TX headquarters of Adams Golf as part of a restructuring announced two weeks ago…
Leatt Corp. Narrows Q2 Loss, Poised to Enter Bike Market
Leatt Corporation, a South African company planning to launch its first bicycle helmets at Eurobike and Interbike in coming weeks, reported its sales grew 16.6 percent in the second quarter ended June 30…
Employee Benefits Costs Nearly Wipe Out Yue Yuen’s 1H Profits
Yue Yuen Industrial Limited reported that its decision to increase contributions for employee benefits by $90 million in the second quarter to compete in China’s increasingly competitive labor market wiped out much of its profits for the period…
Nike, Inc. Announces Retail Management Changes
Nike, Inc. announced two management appointments in two important areas of its global business, retail and women’s…
Hibbett Sports Announces 2nd Quarter Earnings and Conf. Call Dates
Hibbett Sports, Inc. announced details for the release of its results for the second quarter ended August 2, 2014…
Arctic Ice Partners with Ad Agency Kuhl/Swaine
Arctic Ice LLC has hired on advertising agency Kuhl/Swaine as they continue to expand their ice-substitute business…
Winchester Donates Ammo to NSSF Rimfire Program
In conjunction with the recent news of its Silver Sponsorship of the NSSF Rimfire Challenge, Winchester Ammunition has also announced its generous allocation of 600,000 rounds of ammunition specifically earmarked for the Ammo Roundup Program…
