Yue Yuen’s Revenues Climb 14% in January
Hong Kong's Yue Yuen Industrial (Holdings) Ltd, the world's largest contract footwear manufacturer, announced that its operating revenue in January grew 14% to $502.45 million from $438.89 million in the same month of 2009…
Element 21’s Carrot Stix to Sponsor Bass Pro Shops Tournament Series
Element 21 Golf Co. said its E21 Carrot Stix brand will be the presenting sponsor at the 2010 Professional Anglers Association (PAA) Bass Pro Shops Tournament Series. This 2010 PAA Series consists of…
Spyder Sells Cloudveil to PE Firm
Spyder Active Sports, Inc. has sold Cloudveil Mountain Works to Windsong Brands LLC, a private equity firm based in Westport, CT. Jim Reilly, the former COO of the North Face as well as Adidas America, becomes Cloudveil's president…
New Balance Faces Hurdles in Headquarter’s Expansion
New Balance is exploring a plan for a larger development alongside its headquarters in Brighton, MA, that would include an expansion of its offices, a park, housing, and additional commercial space. But Lowe's is looking to build its first store in t
Body Bar Launches Exchange Program
Body Bar Inc., the fitness equipment company, introduced Refurbished Body Bar, available at a discount to clubs and individuals. Through an exchange program, users can exchange any brand weighted bar, including competitor “knockoff” bars, for a new Body B
QVC to Sell its GSI Stake
GSI Commerce Inc. announced that QK Holdings Inc., a subsidiary of QVC Inc., has agreed to sell 9.25 million shares of GSI common stock. After the sale, QVC will no longer own any shares of GSI's common stock. QVC's stake stems from an investmen
Mountain Hardwear/Montrail Announce Grant Recipients
Mountain Hardwear, Inc. and Montrail announced recipients of their respective Gives Back Grant programs. Mountain Hardwear’s primary focus for the first half of the year is Helping to Create the Next Generation of Outdoor Enthusiasts. In the second
Reebok Accused of Sweatshop Violations in El Salvador
A new report by the National Labor Committee claims that NFL jerseys from Reebok were sewn under illegal sweatshop conditions at the Chi Fung factory in El Salvador for at least the last four years. The study from the U.S. sweatshop watchdog group found t
Skullcandy to Sponsor Ron Jon Sebastian Inlet Pro
Skullcandy, the earphones company targeting the action sports world, has agreed to become presenting sponsor of the Junior Pro Grade 4 Ron Jon Sebastian Inlet Pro and also be title sponsor of the ASP Grade 2 Skullcandy Girls Junior Pro…
Puma Q4 Net Income Doubles Despite 10% Sales Decline
Puma AG reported that 2009 fourth quarter consolidated sales decreased 10.1% currency-adjusted to €489.5 million ($723 mm). The company said sales were affected by significantly reduced inventory leading to less close out sales. The gross profit margi
UES (Upper Echelon Shoes) Partners with Steve Madden
New York-based shoe brand UES (Upper Echelon Shoes) and Steve Madden announced an official partnership and are preparing to unveil their first joint effort with UES' Fall 2010 collection. Each party will have an even stake in the venture, with UES d
Creditors Approve The Walking Co. Reorg Plan
The Walking Company Holdings, Inc. said that an unsecured creditors committee formed after the company's voluntary Chapter 11 filing, agreed to support the retailer's plan of reorganization filed last week rather than pursue other alternatives.
Hincapie Sportswear Hires Southeast Reps
Hincapie Sportswear, manufacturer of clothing for cyclissts, has hired Tarbell Patten as retail sales representatives for the brand in Kentucky, Mississippi and Northern Alabama…
Two Heisman Winners to Attend National Health Through Fitness Day
Nearly 20 well known figures from the sports world have confirmed their attendance for SGMA’s 11th Annual National Health Through Fitness Day being held March 10 in Washington DC. The honorary chairman this year will be Herschel Walker. Others inclu
Golfsmith Plans Stores in Milwaukee and Brea, CA
Golfsmith International Holdings, Inc. announced two additional new store locations in Milwaukee, WI, and Brea, CA for 2010. The new stores completes the company's new store leasing objectives for 2010 adding to the previously announced new stores in
