Jarden Corp. Recognized by Business Week
Jarden Corp said it has been named to BusinessWeek's newly-released list of the World's Most Influential Companies. Noted as a company that is a “master of its domain” in the consumer goods industry, Jarden's recognition on the annual list
NRF Asks Obama for Tax Holidays to Stimulate Economy
The National Retail Federation has asked President-elect Barack Obama to incorporate a series of national sales tax holidays into upcoming economic stimulus legislation as an important step toward rebuilding consumer confidence, saying short-term gains fr
National Shopping Behavior Study Reports Department Store Spending Drops
Consumers continued a six-year trend of steering away from department stores during the holiday season, but the uncertain economic times were not the only reason. Those surveyed in the Ninth Annual National Shopping Behavior Study indicated that departmen
RECALL: Atomic USA Ski Bindings
Atomic Ski USA, Inc. is carrying out a voluntary precautionary recall of heel components of certain bindings manufactured between 1998 and 2002…
Nike Files $760M Shelf Registration
Nike Inc. registered $760 million in new debt with the Securities and Exchange Commission. Proceeds may be used for debt refinancing, working capital, capital expenditures, investments in units and other general corporate purposes…
STX Sues Reebok for Patent Infringement
STX L.L.C., the Baltimore-based lacrosse company, has filed a patent infringement lawsuit against Reebok International Ltd. According to the complaint filed in the U.S. District Court For The District Of Maryland, STX claims Reebok has infringed on one of
Census Bureau: October Sporting Goods Sales Off 2.3%
The Monthly Retail Trade Survey, prepared by the U.S. Census Bureau, reported sales in sporting goods stores of $2.60 billion (preliminary) for the most recent reporting month (October), a 2.3% decline from $2.66 billion in October 2007, according to the
Snow Shuts Nike Down for the Week
Nike will close its Beaverton-area headquarters until next Monday to avoid putting employees at risk, company officials told The Oregonian. More than 6,000 people work at Nike headquarters, and many more visit every day to do business…
NRF Proposes Tax-Free Holidays
The National Retail Federation is asking President-elect Barack Obama to add a series of national sales tax holidays in the anticipated economic stimulus legislation. The federation says such holidays would be an important step toward rebuilding consumer
Metal Mulisha Hires Marketing Director
Metal Mulisha, which is part of La Jolla Group, promoted Ryan Hagy to the position of director of marketing. Hagy will report to Bill Gage, vice president of sales and marketing, and will be based out of the offices in Irvine, CA…
Sports Direct Posts H1 Profit Gain
Sports Direct International Plc, the largest sporting goods retailer in the U.K., posted a 7.4% increase in first half earnings and said it was on track to meet market expectations for the full-year. However the retailer cut its interim dividend payout b
Shock Doctor Partners with Motocross/Supercross
Shock Doctor, Inc. announced its 2009 national sponsorships of motocross and supercross teams and events. Shock Doctor is an official sponsor of the 2009 Asterisk Mobile Medical Unit and Action Sports Medicine Foundation (ASMF), and of top-performing team
Forzani Group Third Quarter Profits Hurt by Increased Expenses, Charges
Forzani Group's third quarter results came in slightly below expectations, but the Canadian sporting goods giant noted that its stores continue to perform well against a standout year-ago performance and have shown good momentum so far in the fourth
All Uniform Wear Celebrates 25 Years
All Uniform Gear celebrated its 25th year in business with the launch of a new website. The company said it now has 11 retail locations that represent over 50,000 sq.ft. of retail space. It also has 30,000 sq.ft. national distribution center, 10,000 sq.ft
Amer Sports Slashes Full Year Guidance
In an appropriate end to what has been an arduous year for Amer Sports, the company has slashed its profit outlook for fiscal 2008, citing waning sales in November and December. Weak fourth quarter sales for the Finnish sporting goods manufacturer prompte
