Fleet Feet Sports To Open in Chattanooga
Fleet Feet Sports announced the mid-October opening of a new store in Chattanooga, TE. The store will be the brand’s first location in the Chattanooga market...(9/4/2015)
OBIT: L.L.Bean's Leon Gorman
Leon Gorman, the 80-year old grandson of L.L.Bean and longtime CEO of the company, died Thursday at his home in Yarmouth, ME. He was president and CEO from 1967 to 2001, chairman from 2001 to 2013, and chairman emeritus from 2013 until his death...(9/3/2015)
Genesco's Q2 Profits Leap
Genesco Inc. reported second-quarter earnings climbed 58.3 percent to $7.6 million, or 32 cents per share, easily exceeding Wall Street's consensus target. Overall comparable sales increased 7 percent, with gains of 4 percent in the Journeys Group, 8 percent in both the Lids Sports Group and the Schuh Group, and 10 percent in the Johnston & Murphy Group....
Governor Signs California's Updated Made-in-USA Labeling Law
California Gov. Jerry Brown signed a bill into law September 2 updating California's anachronistic Made-in-USA labeling law to reflect how it is now virtually impossible to source 100 percent of all products domestically...(9/3/2015)
Phunkshun Wear Expanding Denver Product Facility
Phunkshun Wear is expanding its Denver facility from 6,800 square feet to 9,300 square feet. The expansion comes as a result of increased production and will house raw materials and finished products...(9/3/2015)
Venture Snowboards Suspends Operations Indefinitely
Venture Snowboards of Silverton, CO. informed its customers Thursday that it will not ship any product to market for the 2015-16 winter season...(9/3/2015)
Finish Line Seeks to Expand Headquarters
The Finish Line Inc. plans to spend $1.3 million to add new equipment and create 100 jobs at its Indianapolis headquarters and distribution facility, according to Indiana Business Journal. The company disclosed the tax-abatement request the city released Monday...
Precor to Produce Spinner Cycles
Precor will manufacture a new line of commercial Spinner indoor cycling equipment through an exclusive, worldwide distribution agreement with Mad Dogg Athletics Inc....(9/3/2015)