Adidas Extends NBA Agreement to Europe
Adidas AG extended its agreement with the NBA, giving the company exclusive clothing rights to all apparel in Europe beginning with the 2010-2011 season. The company will make the products available to the public beginning Oct. 1 to coincide with the tip-
NRF Says Health Care Legislation Will Cost Jobs
The National Retail Federation in a statement expressed extreme disappointment at the House's passage of sweeping health care reform legislation over the weekend, saying added labor costs under the bill will cost many retail workers their jobs…
REI Profits More than Doubled in 2009
REI (Recreational Equipment, Inc.) released its audited 2009 financial results showing it earned net income of $29.8 million, up 106% from $14.5 million in 2009. The company's direct sales channel, which includes online and catalog sales, grew by ne
Reynolds Cycling Names New Product Manager
Jon Swanson has joined Reynolds Cycling as VP of product management after a stint at at Specialized, where he was performance road product manger, equipment R+D product manger/developer and an SBCU Professor…
The Walking Co. to Exit Chapter 11 in Late April
The Walking Co. said a court hearing on the company's Chapter 11 bankruptcy reorganization plan will be held on April 23. If approved, the retailer said it would be ready to exit Chapter 11 early in the week of April 26…
Nike, Inc. Returns to Growth in Fiscal Q3
Nike, Inc. returned to top– and bottom-line growth in the fiscal third quarter through February as management calls out improving trends across all Nike brand product types, categories and regions…
RECALL: Bauer Hockey Sticks
Bauer Hockey is recalling 100,000 children's hockey sticks after Health Canada warned the company of the sticks' high lead content…
NHS Names Senior Sales Rep
NHS, the skateboard manufacturer, announced the addition of Jonathan Devoe to their team as senior sales representative…
DSW, Inc. Swings to Q4 Profit on Double-Digit Comp Store Sales Gain
DSW Inc.’s fourth quarter revenues increased 15.7% to $402.6 million, due in large part to a double-digit increase in comp store sales…
Nike Dominates Sweet 16
With the field of 65 teams having been whittled down to 16 over the past four days in the 2010 NCAA Division I Men’s Basketball Championship, Nike was once again the brand seen the most by viewers of the event, as 77% of the teams (50 total) in the
Olympian Makes Girls Line for J.C. Penney
Warner Bros. Consumer Products has partnered with five-time Olympic medalist Nastia Liukin to create Supergirl by Nastia, a lifestyle merchandise line for girls…
Sport Supply to Be Acquired by PE Firm
Sport Supply Group last week agreed to be acquired by private equity firm Oncap Management Partners, a unit of Canada’s Onex, for around $172 million…
Nike, UCF Agree to Footwear and Apparel Contract
In the wake of having is footwear and apparel contract with Adidas terminated after freshman men’s basketball player Marcus Jordan, the son of hall of famer Michael Jordan, refused to wear team issued footwear in favor of his father’s Air Jord
Zumiez Purchases Corporate Building
Zumiez Inc. has purchased West Corona Corporate Center located at 1346 Railroad Street in Corona, CA; the property comprises 168,450 square feet. The property will be used as a distribution facility to serve its existing and planned retail stores througho
Skechers Breaks Ground on New Distribution Center: Green Factors
Skechers USA looks to minimize both cost and energy consumption in the design of the company’s new 1.82 million square foot distribution center, which recently broke ground in Rancho Belago, CA, and is slated for completion in 2011.
