Nike Delivers Double-Digit Q1 Sales Growth
Nike Inc. reported revenues climbed 17.5 percent to $6.1 billion from $5.2 billion, and increased 11 percent on a currency-neutral basis. Earnings jumped 15.4 percent to $645 million, or $1.39 a share. Excluding currency changes, reported orders would hav
Newton Running Sponsors San Diego Triathlon Challenge
Newton Running will sponsor the 18th annual Aspen Medical Products San Diego Triathlon Challenge (SDTC) in La Jolla, CA, on October 23, 2011…
Finish Line’s Q2 Profits Climb 24 Percent
The Finish Line, Inc. reported sales increased 10.1 percent in its second quarter ended Aug 27, to $331.5 million compared to $301.1 million a year ago. Comparable store sales increased 11.0 percent on top of an increase of 2.0 percent for the same period
LEBRON 9 to Come Out at $170
Nike will launch LeBron James' ninth signature shoe, the LEBRON 9, in October at a suggested retail price of $170. That's about $10 more a pair than Lebron's last signature shoe…
TOMS Shoes Founder’s Book Lands On Best-Seller List
TOMS Founder Blake Mycoskie's book, Start Something That Matters, has landed on USA Today's Best-Selling Books list at No. 24. He's been helped by interviews on CNBC and PBS and a positive review in The Wall Street Journal, according to USA
Derby Cycle and Pon Holdings B.V. Agree to Merge
Derby Cycle AG said Pon Holdings B.V. of the Netherlands had agreed to offer Derby Cycle shareholders EUR 28.00 ($38) a share as part of a friendly deal the company's signed Thursday that will help the Germany company bike maker avoid a potential tak
RECALL: Bridgeway Bicycles
About 91,000 bicycles from Bridgeway International of Naples, FL are being recalled due to a fall hazard…
Cabela’s Inc. Announces the Completion of Variable Funding Facility
Cabela's Incorporated announced that its wholly owned subsidiary, World's Foremost Bank, has entered into a $411.7 million commitment with Royal Bank of Canada…
Phiten Adds Los Angeles Clippers Star to Roster
Phiten, the maker of the titanium necklace and metal-infused wellness products, announced its endorsement deal with Los Angeles Clippers shooting guard Eric Gordon. Gordon joins fellow NBA star Carmelo Anthony as an official Phiten athlete…
JD Sports Sees Profits Rise Despite Looting
JD Sports Fashion, the U.K. retailer, said £700,000 of stock was looted in last month's riots in the country while one of its stores has yet to reopen after suffering fire damage. But it still reported a 21 percent jump in profit…
Jack Wolfskin Extends Chinese Partnership 5 Years
Jack Wolfskin intends further expansion in China and has extended the contract for another five years with its current distribution partner, Tristate. That lays the foundation for future growth in China – a country that is today the second-most important
Choose Outdoors Names Shelley O’Neill to Board
The board of directors of Choose Outdoors, a nonprofit organization that seeks to engage all Americans in stewardship of public lands through outdoor recreation, has elected Shelley O’Neill to its board of…
Kantar Retail: Q4 Retail Sales to Grow 2.8 Percent
Retail sales growth for the fourth quarter holiday period will be 2.8 percent, or half of what it was in 2010, Kantar Retail forecasts. The outlook for the 2011 holiday season is not a matter of whether it will be weak, but rather how weak it will be in
Columbia Sportswear to Outfit U.S. Freestyle Ski Team
The U.S. Ski and Snowboard Association (USSA) named Columbia Sportswear as the official outerwear provider to the U.S. Freestyle Ski Team in a partnership that will extend through the 2014 Olympic Winter Games in Sochi…
Travel and Tourism Spending Outpaces GDP in Q2
Real spending on travel and tourism increased at an annual rate of 2.6 percent in the second quarter of 2011 after increasing 2.8 percent (revised) in the first quarter, according to the U.S. Department of Commerce…
