June Retail Comps Outpace Forecasts on Heavy Promotional Activity
Heavy and frequent discounting lured customers into major retail outlets during June, prompting bargain-hunters to open their wallets and purses and drive the overall market far past analysts’ expectations…
Boxercraft Acquires Assets of Jones and Mitchell…
Boxercraft, a manufacturer of spiritwear, has purchased the assets of Jones & Mitchell Inc., a wholly-owned subsidiary of Augusta Sportswear Holdings Inc…
RECALL: Mizuno Baseball/Softball Gloves
Mizuno USA, in cooperation with U.S. Consumer Product Safety Commission, is recalling about 131,000 Mizuno Supreme Series and Ballpark Pro baseball and softball gloves…
Sport Footwear Sales Up in Mid-Singles in June
June is not historically an important month for Sport Footwear sales, as it is a transition month from spring into back-to-school. June does not see a lot of new product introductions, and is mostly driven by sandal sales and clearance…
Vail Resorts Sees E-Commerce Plans Fast Tracked by DotCom Acquisition
Specialty Sports Venture (SSV), the retail/rental arm of Vail Resorts Inc, took the fast lane to e-commerce last week by acquiring Outdoor Outlet, LLC. The Appleton, WI company owns and operates www.O2GearShop.com, a rapidly growing online retailer of out
Adidas Group Launches Venture Capital Fund
In its bid to overtake Nike by 2015, Adidas Group has fully backed Hydra Ventures, a new venture capital firm that will create and develop new consumer brands in the apparel, footwear and sports related areas…
Skullcandy, Inc. Sets IPO Range and Share Offering
In a sign that initial public offering plans at Skullcandy are progressing, the maker of audio headphones and accessories targeting the action sports and outdoor lifestyle space indicated that it plans to sell 8.33 million shares in its IPO at between $17
Li Ning Sees Sales and Margins Sliding in First Half
Li Ning Co Ltd., China's biggest sporting goods maker, said it expects revenue to decline 5 percent in the first half of 2011 from a year ago as it moves to revamp distribution channels…
Study: Obesity Epidemic at Historical Rates
Adult obesity rates increased in 16 states in the past year and did not decline in any state, according to a new study from the Trust for America's Health (TFAH) and the Robert Wood Johnson Foundation (RWJF). Twelve states now have obesity rates abo
WFSGI Inks MMG Agreement
The World Federation of the Sporting Goods Industry (WFSGI) extended its partnership with Messe Mûnchen GmbH (MMG), the organizer of the International Trade Fair for Sports Equipment and Fashion…
Columbia to Collaborate with Jeffrey New York
Columbia Sportswear said it is collaborating with fashion designer Jeffrey Kalinsky, founder of legendary New York luxury boutique Jeffrey New York and the executive vice president of merchandising for Nordstrom…
Mammut Acquires Snowpulse
Mammut acquired Snowpulse, a fellow Swiss company that makes one of Europe's leading air bags for surviving avalanches. Air bag technology has been used for decades in Europe to protect backcountry skiers from avalanches, but is only now be adopted i
House Appropriations Committee Poised to Slash LWCF Appropriation by 80 Percent
The U.S. House Appropriations Committee could vote as early as Tuesday on a bill that would slash federal spending on the Land and Water Conservation Fund by 80 percent from Fiscal 2011 levels…
CamelBak Hires Operations Manager
CamelBak has hired Hugh Ewing as sales and operations manager. His previous positions include stints at Gregory Mountain Products, Streamworks, and ExOfficio…
Nine West Inks Licensing Agreement for Sneakers
The Jones Group entered into an exclusive, world-wide license agreement with Philip Simon Brands Group, Inc. (PSBG) for the creation, production, marketing and global distribution of a fashion sneaker collection under the Nine West brand…