Retailers Praise Gov. Brown for Signing California Internet Tax Bill
The Retail Industry Leaders Association (RILA) thanked California Governor Jerry Brown for signing legislation that would help level the playing field between online-only retailer Amazon.com and brick and mortar stores across California. The new law is a
Senate Committee Recommends $78.8MM in PEP Funding for 2012-13
In a victory for physical education funding, the full U.S. Senate Appropriations Committee has followed the recommendation of the Labor, Health and Education Subcommittee and included $78.8 million in funding for the Carol M. White Physical Education Prog
RECALL: 14,200 Specialized Bicycles With Faulty Brake Assembly
Specialized Bicycle Components Inc. of Morgan Hill, CA has voluntarily recalled about 14,200 bicycles because the brake component housed within the bicycles's carbon forks can disengage and get tangled in the wheel spokes…
G-III Apparel Group To Buy Back Up To 2 Million Shares
G-III Apparel Group, Ltd. announced that its board of directors has authorized a program to repurchase up to 2 million shares of the company's common stock…
Valone Hands Over Merchandising at GOPC to Zarins
Great Outdoor Provision Co. has announced that Travis Zarins will replace its President and founder Tom Valone as merchandise manager for the company…
Billabong Completes Surfection Acquisition
Billabong International Limited moved to 100 percent control of the Sydney-based retailer Surfection, a business previously operated under a joint venture between the Billabong Group and interests associated with retailer Chris Athas. The acquisition was
Sessions Separates from Samsung America
After two years of working together, snow sports outerwear company Sessions LLC has separated from the multi conglomerate company, Samsung Clothing & Textile America, Inc., Sessions President Cindi Busenhart said…
Bass Pro Responds to Racial Discrimination Lawsuit
In a prepared statement, Bass Pro Shops vigorously defended itself against claims detailed in the federal government's lawsuit that charges the retailer with discrimination in hiring…
Vail Resorts Grows Same-store Sales 6.8 Percent in Fiscal 2011
Vail Resorts, Inc. said season ticket sales as of Sept. 20 were tracking up 9 percent in dollars and 1 percent in units from last year. The company, which operates about 130 specialty snow sports and other sporting goods shops in the western U.S., reporte
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
