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Ebay to Sell Enterprise Unit

Ebay Inc. reached an agreement to sell its Enterprise business, formerly GSI Commerce, to a consortium led by private equity firm Permira for $925 million…

Black Diamond Recalls Innovative JetForce Packs for Firmware Fix

Black Diamond Inc. recalled all its groundbreaking JetForce avalanche airbag packs July 14 to check for a malfunction of an electric motor that prevents some airbags from deploying. The recall demonstrates the risks company's must undertake to engage

Unifi Expands Repreve Recycling Center

Unifi, Inc. celebrated the groundbreaking of an 85,000-square-foot addition to its Repreve Recycling Center, which recycle PET bottles to create nylon yarns that are widely used by outdoor and athletic apparel brands…

New Accelerator to Focus on Modernizing the Retail Experience

Parsons School of Design, Harvard’s i-lab and global management consulting firm Kurt Salmon are joining forces to create XRC Labs, a New York-based accelerator that will focus on modernizing the retail and consumer goods industry…

FMC Releases Report On Port Congestion

The Federal Maritime Commission has released a staff report entitled “U.S. Container Port Congestion & Related International Supply Chain Issues: Causes, Consequences & Challenges…

Keen Europe Exec Named President of European Outdoor Group

The European Outdoor Group (EOG) elected John Jansen of Keen Europe as its new president and Jean-Marc Pambet of Salomon as its vice president at its summer meeting and extraordinary assembly Tuesday on the eve of the Outdoor trade show in Friedrichshafen

Nike’s 11-Year Deal with Michigan Worth $169M

Nike's new deal with Michigan is valued at $169 million, university officials announced. The 11-year contract begins Aug. 1, 2016 and runs through 2027, with a school option to extend it to 2031. As reported last week, Nike will replace Adidas as the

Roger Goodell to Speak at SFIA Industry Leaders Summit

National Football League (NFL) Commissioner Roger Goodell has joined the speaker lineup for the 2015 SFIA Industry Leaders Summit to be held September 9 to 10 at The Roosevelt Hotel in New Orleans. Goodell will headline an interactive panel…

Retail Sales Drop Unexpectedly in June

Retail sales in June, excluding autos, gasoline and restaurants, decreased 0.2 percent seasonally adjusted month-to-month and increased a solid 3.1 percent unadjusted year-over-year, according to the U.S. Department of Commerce…

ICSC Survey: In-Store Experience Still Desired for BTS Shopping

The International Council of Shopping Centers' Back-to-School (BTS) Consumer Spending Survey found consumers still prefer physical stores for BTS shopping, with 83 percent of their purchases involving physical stores, including 7 percent of purchases