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  Oct 1, 2014
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Today's Top Story:

Adidas Plans $2 Billion Stock Buyback

Adidas AG resolved plans to return up to €1.5 billion ($2 bn) in total to Adidas AG shareholders over the next 3 years, primarily through stock buybacks. In addition, Adidas AG confirms its stated commitment to pay an annual dividend to shareholders in the range of 20 percent to 40 percent of net income attributable to shareholders... Click for Full Story >>>

More Sporting Goods Industry Trade News:

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Eddie Bauer expressed condolences for the death Monday of a woman killed by an avalanche during an expedition it is sponsoring in Argentina, Outside.com reported...(10/1/2014)

 

The Running Specialty Group (RSG), an operating segment of The Finish Line, Inc., announced the addition of Raleigh-based Capital RunWalk to its national community of retail locations. This expands RSG’s market share to include North Carolina...(10/1/2014)

 

SnowSports Industries America (SIA) opened registration for the 2015 SIA Snow Show that run Jan. 29-Feb. 1 at Denver’s Colorado Convention Center and the On-Snow Demo/Ski-Ride Fest that runs Feb. 2-3 at Copper Mountain Resort...(10/1/2014)

 

Bergans USA has hired Ryan Pennock as customer service manager and added 4,000 square feet of space to its operations in Longmont, CO...(10/1/2014)

 

Eastern Mountain Sports has announced the grand opening of its store at MarketFair Mall in Princeton, N.J., which has been remodeled to accommodate a bike shop, children's department, kayak and paddleboard rentals and an exterior entrance from the mall parking lot...(10/1/2014)

 

Escalade, Inc. completed the sale of its information security business on Oct. 1, 2014. As previously announced in August 2014, Escalade's strategic plan is to focus on its sporting goods business...(10/1/2014)

 

Fila Korea signed a sponsorship contract with the Dutch Skating Federation (KNSB) to support the national skating teams of the Netherlands. Fila will supply jerseys, training wear, and shoes to the 150 speed skaters, short track skaters, and inline skaters until 2018...(10/1/2014)

 

Pale Morning Media is launching a specialty division focused on promoting American-made outdoor gear brands...(10/1/2014)

 

Sports Authority announced a partnership with the National Sports Center for the Disabled (NSCD) in honor of National Disability Employment Awareness Month. Throughout the month of October, all Sports Authority locations nationwide will be collecting point-of-sale donations with the goal of raising at least $150,000 for the NSCD...(10/1/2014)

 

VF Corporation Senior Vice President & Chief Financial Officer Robert K. Shearer will retire in March 2015, after 28 years with the company. VF named Scott A. Roe, 49, currently Vice President, Controller and Chief Accounting Officer, to succeed Shearer in the role of Chief Financial Officer...(10/1/2014)

 

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