Latest Census Estimates Sees YTD Sporting Goods Sales Lagging
Sales by sporting goods, hobby, book and music stores kept pace with overall retail sales in July, which is to say they stalled at about 5% above their level of a year ago, according to advance estimates released by the U.S. Census Bureau. However, on a
Shoe Carnival Sees Second Quarter Profits Soar
Shoe Carnival, Inc. reported a more than four-fold increase in its second quarter profit as comps climbed 8.3% for the period. The shoe store chain also outlined third quarter profit and sales forecasts that would meet or exceed analysts' expectation
West 49 Shareholders, Court Sign Off On Billabong Deal
West 49, Inc., a Canada-based manufacturer of action apparel, said the Ontario Superior Court of Justice has issued the final order approving its proposed sale to Billabong International, Ltd…
Steve Madden Acquires 20% of Bakers Footwear
Bakers Footwear Group, Inc. has announced that effective Aug. 26, 2010, it obtained a $5 million debt and equity investment from its vendor Steven Madden, Ltd…
MAGIC Show Highlights New Brands in Vegas
Representatives for MAGIC described its recent show as “incredibly positive” with more than 3500 exhibitors set up in the Las Vegas Convention Center and the Manadalay Bay Convention Center…
Prince Names Branding Agency
Tennis equipment manufacturer Prince has selected Schafer|Condon|Carter (SCC) as its new consumer branding agency after an agency review…
Skechers: Independent Review Board Affirms Claims
Skechers USA is asserting that an independent review board from New Zealand attested that Skechers' Shape-ups advertising claims are accurate, truthful and “prepared with a due sense of social responsibility to consumers and society.”…
Adidas, MLS Extend Exclusive Partnership
Adidas and Major League Soccer (MLS) announced an extension to their partnership agreement aimed at “further elevating soccer in the United States and developing opportunities for young players.” The partnership extends Adidas' position as the offic
Big Agnes Wins Grant for Solar Project
Big Agnes Inc. received a $12,064 grant from the State of Colorado to help build a five-kilowatt solar array on its headquarters in Steamboat Springs, Colorado. The “new energy economic grant” is funded with money from the American Recovery and Reinvestme
Li-Ning Reports Solid First Half; Inks 76ers Guard Turner
Chinese sporting goods giant Li-Ning Group Limited saw strength in footwear, apparel and accessories drive consolidated sales 11.2% for the six months ended June 30, a promising first half for a company hoping to establish itself as a force in the United
Kellwood Company Finalizes Acquisition of ADAM
Kellwood Company, parent company to fashion brands such as Vince, Baby Phat, Jolt and Sag Harbor, among others, recently announced its acquisition of ADAM, according to Michael Kramer, CEO and President of Kellwood. Kellwood said the acquisition is the fi
Cherokee Inc. Appoints CEO
Cherokee Inc. has appointed Henry Stupp as CEO and a member of its board of directors. He succeeds Robert Margolis, who will remain executive chairman…
Woolrich Hires VP to Manage Direct Business
Woolrich has appointed Gary DeGaetano as vice president of direct-to-consumer affairs. Among his responsibilities, DeGaetano will be managing the catalog and Internet business, as well as Woolrich's retail operations, including all stores…
EPA Denies Petition to Ban Lead Ammo
In a decision that is being viewed as a huge win for the hunting and shooting industries, the Environmental Protection Agency has denied a petition by five environmental groups to ban lead in hunting ammunition, saying the issue is not within the agency&#
4Sevens Offers Retailers Packaging Alternative
4Sevens of Atlanta, GA is now offering to replace the box and inner liner used to package its flashlights with a simple but sturdy low-density polyethylene zip-bag that can be recycled into…
