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  Oct 2, 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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Garmatex Technologies Inc. has partnered with the Canadian startup Base360 Inc. to bring a new generation of protective hockey wear to the Canadian market. The line was inspired by the near death of a hockey player slashed by a skate and will be offered exclusively through Canadian Tire stores during the 2014 season...(10/2/2014)

 

Loudmouth has partnered with Rival Athletics, LLC to produce a collection of collegiate athletic shorts. Each pair of shorts features a school logo for a sporty look and a unique team-colored Loudmouth design for an added shot of style...(10/2/2014)

 

Puma has extended its partnership with BMW Motorsport, announcing a multi-year renewal of its contract with the global motorsport brand...(10/2/2014)

 

Patagonia has added Corey Simpson to its Ventura-based public relations team as PR & Communications Coordinator...(10/2/2014)

 

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)

 

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