Michael Phelps to Endorse Under Armour
Olympic gold medalist Michael Phelps has signed a multi-year endorsement deal with Under Armour, according to a report in USA Today…
LeBron James To Develop Furniture Line
Furniture retailer and manufacturer American Signature Inc. will develop a home furnishings collection with Cleveland Cavaliers star LeBron James. The furniture collection will be launched this summer at Value City and American Signature stores…
Cabela’s Q4 Comps Dip 0.5%; Earnings Flat
Cabela's Inc. reported fourth-quarter revenues increased 5.5% to $917.6 million. Net income reached $52.4 million, or 77 cents a share, down slightly from $52.7 million, or 79 cents, a year ago, each excluding impairment and other special charges. Co
Jarden Outdoor Ends 2009 with 4.7% Sales Gain, Thin Winter Sports Inventory
Jarden Corp. said 2009 ended strongly for its outdoor solutions unit with owns Coleman, K2 and many other outdoor brands. Sales for the fourth quarter rose 4.7% to $517 million from $494 million in the year earlier quarter. Jarden said it expects to exit
Cherokee Arranges Beauty License for Laila Ali Brand
Cherokee Inc. announced that its client, Bee Line Inc. has entered into an exclusive license agreement for the Laila Ali Brand for beauty and personal care products. Laila Ali is the daughter of the Muhammad Ali and a former professional boxer…
Hunter Opens First U.S. Store in Manhattan
Hunter, known for its rubber boots, plans to open a 270-square foot store in New York’s Limelight Marketplace in March, its first retail location in the U.S. The landmark building on the northeast corner of Sixth Avenue and 20th Street is being con
Finish Line Announces Inaugural DECA Challenge Winner
The Finish Line announced that the winner of the company's first-ever Finish Line DECA Challenge is Rosemount High School (Rosemount, Minnesota). The DECA Challenge gives high school students a real-world opportunity to learn about marketing by advis
Sportsman’s Warehouse Closing Billings Store
After failed lease negotiations with the building’s owners, Sportsman’s Warehouse said it would close its Billings, MT store today just 18 months after opening it…
OpSec Security plc Stake Sold to PE Firm
OpSec Security Group plc, the maker of anti-counterfeiting protection technologies and services., has sold a 29.8% stake in the company to Investcorp Technology Partners, the technology private equity arm of Investcorp. OpSec's clients include major
Cloudveil Promotes Samuel to GM Position
A day after being sold, Cloudveil said it had promoted Director of Global Sales James Samuel to general manager. Samuel will oversee spring 2010 servicing for Cloudveil as its transitions to new ownership at Windsong Brands LLC, a Connecticut-based PE fir
Leupold Files Suit to ‘Defend TBR Patent’
Leupold & Stevens, Inc. has sued Bushnell, Inc. and others for infringement of a patent granted to Leupold® relating to its True Ballistic Range® technology (TBR®), accoriding to a release by the company…
Selk’bag Sleepwear Gets New U.S. Distributor
Mountain’s Best Gear, a distributor focused on launching European and South American outdoor brands in North America, said it has taken over North American distribution the Selk’bag Sleepwear System made by Müsuc of Santiago, Chile…
Rocky Swings to Profit in Q4 on 6.5% Sales Decline
Rocky Brands, Inc. said net sales for the fourth quarter ended Dec. 31 were $61.7 million versus net sales of $66.0 million in the fourth quarter of 2008. The company reported net income of $0.9 million, or 16 cents per diluted share in 2009 versus a net
Nordstrom Plans New Racks in CA and NC
Nordstrom Inc. plans to open two new Rack discount stores next year; one in Charlotte, N.C., and the other in Redondo Beach, CA…
Whistler Blackcomb Auction Delayed One Week
Lenders have postponed until next week a foreclosure auction of the Whistler Blackcomb ski resort hosting Winter Olympics events, wire services reported…
