OIA VantagePoint: August Sales of Outdoor Product Rise 7.6 Percent
News of economic weakness and the destructive power of Hurricane Irene did little to slow retail sales of outdoor products in the fiscal month of August. Outdoor product sales for the four-week month ending Aug. 27, 2011 grew 7.6 percent to $900.8 million
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
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…
Pantone Releases Top 10 Colors for Women’s Spring 12 Fashion
Pantone LLC said women will be looking to vivid brights, fun-loving pastels and soft, muted tones such as Tango Tangerine, Solar Power and Bellflower in their fashion next spring for “renewed energy, optimism and the promise of a brighter day.” The compan
Wenger’s Swiss Army Knife Gets Own Music Video!
Just when it looked like Wenger had identified every possible function for its Guinness World Record Giant Swiss Army Knife they recently discovered another – a musical instrument. Wenger collaborated with Sound Designer and Composer Roger Lima of WhiteNo
Russell Athletic Agrees to 19.5 Percent Raise for Honduran Workers
Russell Athletic signed a collective bargaining agreement (CBA) with workers at a Honduran factory it closed and then reopened in 2009 after being lambasted for union busting by U.S. college students and labor. The company signed the CBA May 24…
Nemo Equipment Names New Reps
Nemo Equipment, Inc. has partnered with Waypoint Outdoor for representation in the Pacific Northwest and Groupe 7 1/2 & Co. in Ontario and the Maritimes…
Chaco Hires Strategic Communications Firm
Chaco has retained Ryan Partnership Chicago to develop and execute its 2012 strategic communications plan…
Nike Releases Famed Back to the Future Shoe
Nike has created a limited-edition shoe based on the model audiences saw in the 1989 movie “Back to the Future II.” Nike will release 1,500 pairs of the 2011 Nike Mag sneaker. It will auction them on eBay and donate proceeds to the Michael J. Fox Foundat
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
Nike Opens Customizable Store in Texas
Nike opened its first full-price store in Texas. The store offers a 'Custom Build It' section to create shoes and apparel. According to the Dallas Morning News, the 25,000-square-foot store is one of six concept stores that Nike has opened natio
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…
