Gov. Brown Vetoes California’s Snowsports Helmet Law
California Gov. Jerry Brown chastised the nanny state Wednesday with his veto of a bill that would have required kids to wear helmets when on ski slopes…
Lululemon’s Q2 Profits Surge 76 Percent
Lululemon Athletica Inc. reported earnings soared 76.1 percent in its second quarter, to $38.4 million, or 26 cents a share. Revenues jumped 39 percent to $212.3 million with comps climbing 20 percent on a constant dollar basis. The yoga-themed retailer s
Nike Admits to False Advertising in China
Nike China released a statement on Thursday admitting to false advertising, Caixin.com reported. The advertisement was for Nike Zoom Hyperdunk 2011, which has been on sale since the end of July…
Jennie Finch to Run NY Marathon for Timex
Legendary softball pitcher Jennie Finch has been hired as an endorser for Timex and will wear a GPS-enabled Timex watch as she runs the ING New York City Marathon 2011, on Sunday, November 6th…
REI Promotes Director of Supply Chain Manager to VP Status
REI (Recreational Equipment, Inc.) promoted Rick Bingle to the position of vice president, supply chain, a new position recognizing the critical role that distribution and logistics plays in delivering exceptional service to the retail co-operative's
Smith and Wesson Fiscal Q1 Profit Slumps
Smith & Wesson Holding Corporation reported revenue for the first quarter was $99.2 million, up 4.5 percent from the year-ago quarter. Firearm division revenue was $91.7 million, an 18.0 percent increase over the first quarter last year, and was strong ac
NRF Asks Supercommittee to Focus on Economy and Jobs
With a congressional 'supercommittee' on deficit reduction set to begin work this week, the National Retail Federation sent a letter to committee members urging the panel to focus on initiatives that will boost the economy and create jobs…
Yue Yuen’s Revenues Jump 23 Percent for Nine Months, Gross Margin Down
Yue Yuen Industrial Limited said revenues for the nine months ended June 30 rose 23.4 percent year on year to U.S. $5.19 billion while net profit increased 5.9 percent to $377.0 million from $356.1 million. By region, sale in the U.S. for the Japanese foo
G-III Apparel’s 2nd-Quarter Profit Falls
G-III Apparel Group, Ltd. reported that net sales in its second quarter increased by 21.7 percent to $230 million from $189 million in the year-ago period. The company reported net income for the second quarter of $1.6 million, or 8 cents per diluted shar
Amazon.com Negotiating Reprieve from California Internet Sales Tax
Amazon.com has reached a tentative deal with the State of California and brick-and-mortar retailers to drop its opposition to the state's new Internet sales tax on the condition it support federal legislation that will make collecting such taxes easi
C4 Waterman and Boardworks Part Ways
C4 Waterman, Inc. and Boardworks Surf announce that they have agreed to terminate their licensing and distribution agreement effective Sept. 1, 2011. Previously, the Honolulu, Hawaii-based water and paddle sports company licensed its standup paddle (SUP)
Spyder Launches New Website
Spyder launches a new website that brings product and athletes to the forefront to highlight how the personality and style of each team member reflects the collection they represent and guides consumers to the right product for themselves…
Big City Mountaineers Announces Application Process for 2012 Summit For Someone Climbs
Big City Mountaineers (BCM), the non-profit that instills critical life skills in under-served urban youth through wilderness mentoring expeditions, announced the eighth season of its Summit for Someone (SFS) fundraising climb series. To kick off the 2012
Only, LLC Launches New Hunt Websites
Only, LLC announced its second and third websites for the hunting enthusiasts. Onlyhuntingdecoys.com and OnlyGameCalls.com join OnlyHuntingScents.com…
Best Buy Teams with Active.com to Sell Fitness Electronics
As part of a more aggressive push into fitness, Chicago-area Best Buy stores are providing 3,000 free Active.com Couch-to-5K Trainer plans with the purchase of any item from their health and fitness product line, which ranges from pedometers and heart rat
