Lululemon Athletica Delivers Another Blowout Quarter for Fiscal Q2
Lululemon Athletica's earnings more than doubled in the fiscal second quarter ended Aug. 1, driven by a 31% hike in comp-stores sales on a constant-currency basis. Earnings of 30 cents a share easily surpassed Wall Street's consensus estimate o
Zumiez Hikes Quarterly Profit Outlook
Zumiez Inc. hiked its third-quarter earnings outlook to a range of 25 cents to 27 cents a share from 21 cents to 24 cents a share previously forecast due to better than expected sales and product margins…
NSGA’s Paul Prince Retires
Following 39 years in the sporting goods industry, NSGA VP of business development Paul Prince will retire. “Paul has been an important part of the NSGA team for nearly four decades, and he has developed relationships that have lasted throughout his
Skechers Secures 70th Patent on Shape-ups Footwear
Skechers USA, Inc. has secured its 70th patent worldwide for its Shape-ups footwear line…
Forzani Group Slashes Fiscal Second Quarter Loss on Stronger Comps
The Forzani Group Ltd. cut its net losses in the second quarter ended Aug. 1 by nearly 60% from the year earlier period, thanks to higher sales and improved margins. Company management said the 2010 FIFA World Cup and its launch of Nike’s Livestron
K-Swiss Enters Accessory Licensing Deal
Active Energy, a division of Accessory Exchange, has inked a deal with K-Swiss to become its exclusive accessory licensee. Active Energy will produce and distribute accessories to include socks, sport bags, and headwear…
Tapout Acquisition Part of MMA Deal Trifecta
In a monumental development within the fast-growing industry of Mixed Martial Arts-inspired clothing, Toronto-based Authentic Brands Group, which is headed by sporting goods industry dealmeister Jamie Salter, has acquired three MMA apparel brands, includi
Vans Names Director Of Environmental Design
Vans named Michael Hurst to the newly created position of director of environmental design…
Zumiez Ups Settlement Pay in Overtime Suit
Zumiez Inc has increased its proposal to settle a class action overtime lawsuit in California from $1.3 million to $2.1 million…
Russell Athletic Returns to Sponsor NAIA Football Championship
Russell Athletic and the Host Committee for the National Association of Intercollegiate Athletics (NAIA) football national championship announced the extension of an agreement that grants Russell Athletic “title sponsorship” rights for the 2010 NAIA Footb
Retail Container Traffic Sees Shift in Peak Shipping
While October is the traditionally the peak month of the annual shipping season as retailers bring in merchandise for the holiday season, July’s figures appear likely to stand as the peak for 2010…
Yue Yuen August Revenue Up 37% in August
Yue Yuen Industrial Ltd. reported revenue in August rose 37% from a year earlier to U.S. $528.18 million…
Report: NFL to Revamp Apparel Licenses
The National Football League is exploring opening up its apparel licenses to other manufacturers. The rights are currently held by Reebok in a deal that ends at the close of next season. According to a report in Sports Business Journal, categories such as
Former REI CEO Joins West Marine’s Board
West Marine Inc. appointed a new director, Dennis Madsen. Madsen spent 39 years with Recreational Equipment Inc., retiring in 2005 as president and CEO…
Sports Direct Fiscal Q1 Sales Up Despite Weak U.K. World Cup Performance
Profits grew twice as fast as sales at Sports Direct International plc during the 13 weeks ending July 25 despite the British team’s poor showing in the World Cup soccer tournament, the U.K. retailer reported in its interim management statement last
