Adidas Sees Boost from End of NBA Lockout
Adidas CEO Herbert Hainer expects a year-end boost to its basketball footwear business following the end of the NBA lockout in the United States. Said Hainer, “Without any doubt, the start of the season in December will help us to continue our growth mome
Keds Launches First Apparel Line
Keds, which is owned by Collective Brands, is introducing its first apparel line. On Black Friday, the collection debuted on Opening Ceremony’s website and in its New York and Los Angeles locations. Next spring, Keds apparel will become available i
Smith and Wesson and Traditions Sporting Goods Settle Lawsuit
Smith & Wesson Holding Corporation and its Thompson/Center Arms business, Traditions Sporting Goods, Inc., and Ardesa S.A. d/b/a Ardesa Firearms have reached an agreement to settle patent infringement complaints brought by Smith & Wesson in the U.S. Inter
Amer Sports Completes Share Repurchase
Amer Sports Corporation has completed the repurchases of 3 million of its own shares as announced on Aug. 15, 2011…
Finish Line Chief Administrative Officer Gary Cohen to Retire
The Finish Line, Inc. announced that its Chief Administrative Officer and Corporate Secretary, Gary D. Cohen, will retire from the company effective Mar. 29, 2012…
Brooks DNA In Its Soul
Concept Designs has partnered with long-time client, Brooks Sports, on a new tech display that introduces its DNA technology…
Asics America Appoints Tracy Paoletti to VP, Sales
Asics America Corporation promoted Tracy Paoletti to vice president of sales with three regional managers reporting directly to her. Her team will consist of Mike Mitchell, senior regional director, West, Patty Kelly, regional manager, East and Mike Jense
Online, Foot Traffic Fuel Black Friday Sales Surge…
With early results in from retailers and analysts across the market it looks like the 2011 holiday shopping season got off to a fast and early start. Enticed by deep door-buster discounts, shoppers hit the stores in greater numbers earlier than ever this
PDC Hosts 2nd Annual Athletic and Outdoor Industry Event Dec. 6
The Portland Development Commission will host the 2nd Annual Athletic and Outdoor Industry celebration at Union Pine on Dec. 6…
Genesco Beats the Street in Q3 on Solid Earnings Growth and Comp Sales Gains…
Touting high-single digit to double-digit comp gains across its chains, Genesco Inc. reported earnings soared 54.1 percent in the third quarter. The company also raised its full-year earnings estimate…
DSW Hikes Fiscal Year Guidance After Solid Third Quarter Performance…
DSW Inc. reported third quarter earnings, adjusted for the impact of its merger with its largest shareholder, Retail Ventures Inc., and related items, reached $39.8 million, or 88 cents per share, representing a gain of 12.1 percent compared with adjusted
Brown Shoe Lowers Fiscal Year EPS Guidance; Will Shutter Retail Doors…
Brown Shoe Co. lowered its EPS guidance for the current year due to plans to exit some of its wholesale brands, IT implementation expenses, and eroding sales trends at retail. The company also revealed plans to shutter about 13 percent of its Famous Footw
Power Balance Files for Bankruptcy Protection Under Lawsuit Pressure…
Power Balance LLC, the maker of Power Balance bracelets worn by NBA players and celebrities, filed for bankruptcy protection in federal court in Santa Ana, CA. The filing is the result of numerous lawsuits that allege misleading advertising about the holo
City Sports Adds Two to Management Team
City Sports appointed Debi Binder to vice president of marketing and Dana Klein to director of e-commerce, adding strength to the corporate team behind the burgeoning Boston-based retail brand that has achieved substantial growth in 2011…
Payless Announces Holiday Giving Program
Payless ShoeSource announced more than 700 non-profit organizations from all 50 States and the District of Columbia, across Canada and Puerto Rico and in 10 Latin American and Caribbean countries will join the retailer in its fourth annual Payless Gives S
