Adidas to Outfit McDonald’s All American Games
McDonald's announced Adidas as the new official footwear, uniform and apparel provider for the McDonald's All American High School Basketball Games at Chicago's United Center on March 28, 2012…
ERGObaby Acquires Orbit Baby, Inc for $17.5 Million
ERGObaby Carrier, Inc. has acquired Orbit Baby, Inc. for a purchase price of $17.5 million, according to Compass Diversified Holdings, Inc., which acquired controlling interest in ERGObaby in 2010. Orbit Baby makes car seats, strollers and bassinets that
Brown Shoe to License Wholesale Children’s Brands
Brown Shoe Company, Inc. agreed to license its Buster Brown, Sam Edelman and Avia wholesale children's brands to BBC International. The transition of the brands will be phased, beginning immediately and continuing through the first quarter of 2012…
Collective Brands Shows Steep Q3 Loss After Charges
Collective Brands Inc. reported a loss of $114.3 million, or $1.91 a share, in the third quarter after charges totaling $151.4 million for restructuring activities at its Payless division. Adjusted net earnings were $37.1 million, or 61 cents per share, s
Cybex to Continue Appeal Of Barnhard Judgement
An appellate court reduced a product liability award against Cybex International by 31 percent to approximately $44 million. Still, the maker of fitness equipment said the reward remains too high and that it will now take its appeal of the judgement to th
Brown Shoe’s Q3 Sales Dip 0.3 Percent
Brown Shoe reported sales in the third quarter dipped 0.3 percent to $713.8 million from $716.1 million a year ago. The company reported net earnings of $33.7 million, or 79 cents per share, compared to $18.6 million, or 42 cents, in the third quarter of
RECALL: 220 Omni-Heat Batteries by Columbia Sportswear
Columbia Sportswear has recalled about 220 Omni-Heat Lithium-Polymer rechargeable batteries sold with three of its jackets due to a defect that can cause them to overheat and pose a fire hazard, according to the U.S. Consumer Product Safety Commission…
Icebreaker Launches E-commerce in Canada
Icebreaker, the maker of merino wool apparel, unveiled its first e-commerce-enabled website in Canada. The debut of Icebreaker's e-commerce site in Canada comes with a complete redesign of the existing Icebreaker.com website, which first launched in
NICA to Recognize High School Mountain Biking Proponents
U.S. Mountain Bike champion and Olympian Adam Craig will be the guest of honor at the 2011 National Interscholastic Cycling Association Awards banquet, Jan. 14, 2012, at the Clif Bar and Co. headquarters in Emeryville, CA. The NICA Awards acknowledge outs
Budget Impasse Will Lead to 9 Percent Cut at National Parks
Failure of the congressional Super Committee to reach a budget deal could lead to a 9 percent across the board cut to the National Park Service that could have devastating impacts on local business and jobs, the National Parks Conservation Association ann
Dick’s SG Buys W. Valley Warehouse
Dick's Sporting Goods Inc. has completed the purchase of a 60-acre site in Goodyear, AZ to build a 600,000-square-foot fulfillment and distribution center expected to employ about 300 workers beginning in early 2013…
Dick’s SG Looking for Outside Ad Agency
Dick's Sporting Goods is in the process of soliciting creative advertising agencies, according to a report in Advertising Age. The report said the sporting goods chain has traditionally relied on a team of in-house creatives and partnered with produc
Finish Line Appoints VP, Chief Digital Officer
The Finish Line, Inc. announced that Chris Ladd will join the company Nov. 21 as executive vice president, chief digital officer. Ladd was senior vice president, global ecommerce at Lululemon…
Maurice Sporting Goods to Acquire Redl Sports Distributors
Maurice Sporting Goods will acquire Redl Sports Distributors, an outdoor sporting goods company located in Burnaby, British Columbia, Canada, as part of its long-term commitment to the Canadian marketplace. The terms of the transaction, expected to be co
Tootsie Rolls Sues Makers of Footzyrolls
Tootsie Roll has filed an infringement lawsuit against Rollashoe, which makes Footzyrolls rollable ballet slippers collection…
