OIA Expanding Boulder Headquarters
Outdoor Industry Association will move its headquarters up a floor and nearly double its space as part of a new five-year lease at its Boulder, CO office building, according to a report in the Boulder County Business Report…
Cannondale Powers Q3 Growth at Dorel’s Recreation/Leisure Segment
Dorel Industries, Inc. reported revenue increased 21.6 percent at its Recreational/Leisure segment, in the third quarter ended Sept. 30 as Cannondale sales to the independent bicycle dealer (IBD) channel continued to drive growth. Earnings were hampered b
Rocket Dog Appoints European Manager
Rocket Dog Brands, LLC appointed Derek Bowen as managing director, Europe where he will be based out of the RDBI Ltd office in Elstree. He was most recently from Wolverine Worldwide where he acted as the Northern Europe sales director, Heritage Brands Gro
Kohl’s Same-Store Sales Rise 3.9 Percent in October
Kohl's Corporation reported that for the four-week month ended Oct. 29 total sales increased 5.6 percent and comparable store sales increased 3.9 percent over the year-ago month…
Dr. Scholl’s Opens First Stores
As part of its continuing success in re-imagining the brand, Dr. Scholl's Shoes celebrated fall with the grand openings of its first retail stores. On Oct. 17, three stores opened in Las Vegas, Ellenton, FL, and San Marcos, TX…
Adidas Group Posts Double-Digit Sales and Profit Growth in Q3
Adidas Group third quarter revenues grew 13 percent on a currency-neutral basis. Group revenues grew 8 percent in euro terms to €3.74 billion ($5.30 bn) in the third quarter of 2011. Currency-neutral sales in the Wholesale and Retail segments increa
Penney’s Comps Slide 2.6 Percent
J.C. Penney reported comparable store sales for the four-week period ended Oct. 29, 2011, decreased 2.6 percent. While sales overall were soft, women's apparel and accessories experienced sales gains in October. Geographically, the southeast was th
Senate Resolution Seeks to Exempt Small Business from Online Sales Tax
A bipartisan group of Senators introduced a “Sense of the Senate” resolution urging Congress to exempt small Internet businesses from pending legislation that would give state governments the authority to require online retailers to collect sa
Chinese Raids Yield 25,000 Counterfieted Golf Products
The U.S. Golf Manufacturers Anti-Counterfeiting Working Group announced today the completion of multiple strategic raids on China-based counterfeiting operations, where the group worked with local law enforcement officials to seize over 25,000 counterfeit
TJX’s October Comps Climb 3 Percent
The TJX Companies, Inc. reported October sales for the four-week period ended October 29, 2011, were $1.9 billion, up 4 percent over the $1.8 billion achieved during the four-week period ended October 30, 2010…
Bakers Footwear’s Comps Nudge Up 1.0 Percent in Q3
Bakers Footwear Group, Inc. reported sales for the third quarter were $40.2 million, decreasing 0.9 percent from $40.6 million a year ago. Comparable store sales increased 1.0 percent, compared to a comparable store sales increase of 5.9% for the third qu
Hanesbrands Income Surges 48 Percent
HanesBrands, the parent of Champion, Gear for Sports and Hanes, reported third-quarter earnings growth of 44 percent on record margins and a 5 percent sales increase…
Ross’ Comps Rise 5 Percent in October
Ross Stores, Inc. reported that sales increased 10 percent to $661 million for the four weeks ended Oct. 29, 2011, up from $600 million in the year-ago period. Comparable store sales for the month grew 5 percent over the prior year…
SportHill Promotes New Public Relations Director
SportHill announced that Dempsi Filipek has been promoted to director of public pelations. Filipek is currently in charge of product development and wlll retain those duties in addition to directing the company’s public relations…
Adidas Group to Acquire Five Ten for $25 Million
The Adidas Group has signed a share purchase agreement to acquire Five Ten, a leading performance brand in outdoor action sports. The Adidas Group intends to purchase the entire Five Ten business, which includes all of the issued share capital of Five Ten
