One Source Apparel Fills Top Sales and Business Development Position
One Source Apparel has hired 25-year industry veteran John Mitchell as vice president of global sales and new business development. Mitchell's career has included leadership roles at Polartec, Outlast Technologies and most recently…
Sequential Brands Agrees to Acquire Galaxy For $100 Million Plus Stock and Warrants
Sequential Brands Group, Inc. has signed a definitive agreement to acquire Galaxy Brand Holdings, Inc., which owns the fitness brand Avia, basketball brand AND1 and outdoor brand Nevados for $100 million in cash, 13.75 million shares of common stock of th
RECALL: 125,000 Bikes Using SR Suntour Shocks
Scott USA Inc. and Trek Bicycle Corp. are recalling more than 125,000 of bikes sold since early 2010 that were equipped with SR Suntour forks after receving reports that the forks broke…
North America/Western Europe Drives Nike Q4
Nike Inc. reported a modest gain in earnings in the fourth quarter ended May 31, slowed by World Cup marketing investments. But results topped Wall Street's estimates by 3 cents a share. More impressively, revenues grew 10.9 percent to $7.43 billion
Vantage Apparel Lands PGA of America Deal
Vantage Apparel, a New Jersey-based manufacturer and decorator of logo apparel, has been chosen by PGA of America as an apparel supplier and the exclusive embroiderer for its Member Merchandise Program…
Academy Sports to Open Second Store in Columbia, SC
Academy Sports + Outdoors will add a second store in Columbia, SC in July 2014 and has renewed its multi-year partnership with the Univ. of South Carolina. The new 72,000 square foot store…
Fanatics Appoints Chief Marketing and Revenue Officer
Fanatics, Inc. hired Chris Orton as chief marketing and revenue officer. Reporting directly to CEO Doug Mack, Orton will be responsible for the strategy and execution of Fanatics’ marketing efforts across the company’s own sites and its networ
Consumer Confidence Continues Ascent in June
The Conference Board Consumer Confidence Index, which had increased in May, improved again in June. The Index now stands at 85.2 (1985=100), up from 82.2 in May. The Present Situation Index increased to 85.1 from 80.3, while the Expectations Index rose to
Cleveland Golf, Srixon and XXIO Makes Exec Hires
Cleveland Golf, Srixon and XXIO appointed of Chuck Thiry to newly created position of vice president and special advisor to the president, Todd Harman. In his new multifaceted role, which becomes effective immediately, Thiry will lead the company’s
Academy Sports Renews Partnerships with Univ. of Alabama and Auburn Univ.
Academy Sports + Outdoors renewed its multi-year partnerships with the University of Alabama and Auburn University…
Adidas Tops Major Sports Brands in Interbrand’s Green Rankings
Adidas ranked 8th on Interbrand’s annual list of the top 50 Global Green Brands report. That's up from 14 in 2013. Nike ranked at 29, an improvement from 31 in 2013…
Adidas Set to Reach Soccer Sales Goal on World Cup Boost
At a football media event in Herzogenaurach on Tuesday, Herbert Hainer, Adidas Group CEO, said that with successful results so far after the first twelve days of the 2014 FIFA World Cup, Adidas would reach its target of €2 billion ($2.72 billion) of
Skratch Labs Selects Australian-New Zealand Distributor
Skratch Labs has selected Australian-based Distributor FE Sports to distribute its real fruit hydration drink mix in Australia and New Zealand…
RECALL: 650 Tern Folding Bicycles
The importer of Tern Folding Bicycles is recalling about 650 bikes in the United States and 20 in Canada because the bike’s frame can crack at the hinge on the top tube and pose a fall hazard…
US Customs Issues Guidance Ahead of Possible West Coast Strike
U.S. Customs and Border Protection (CBP) Cargo Systems Messaging Service has issued guidelines for shippers in the event of a West Coast port strike or work slowdown…