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TEAM Business UPDATE

TEAM Business UPDATE is the only continuously updated source for news for the Team Sports market.  This archive area is updated by our editorial team throughout the day as news breaks in the industry.  The TEAM Business UPDATE newsletter is delivered weekly via e-mail in either TEXT or HTML format.

Click any of the archive tabs above for more news by category of interest.

All BASIC subscribers can access posted articles free for seven days from publish date. Once archived, articles can only be accessed with a PREMIUM or EXECUTIVE subscription.

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The Latest News...

Trade Groups Form Physical Activity Council to Research Participation
Seven of the major governing bodies and trade associations in the sports, fitness, outdoor, and leisure industry have formed a research partnership - The Physical Activity Council (PAC), which will release findings from a major survey later this month...(3/18/2010)

Victoria's Secret to Make MLB Collection
Victoria's Secret has partnered with Major League Baseball on a VS PINK co-branded collection that will feature names and logos of 11 MLB teams including the Angels, Cardinals, Cubs, Dodgers, Mets, Padres, Phillies, Red Sox, Twins, White Sox and Yankees... (3/18/2010)

Hanesbrands Announces Sustainability Goals
Hanesbrands Inc., the parent of Champion and Hanes, announced its worldwide goals to reduce energy use and carbon emissions and the launch of a corporate social responsibility Web site that details the company's social programs and environmental stewardship...(3/18/2010)

Stahls' ID Direct Introduces CADCUTdirect.com
Stahls' ID Direct has unveiled CADCUTdirect.com, a new site for Stahls' customers and decorators who are looking for more information on the benefits of CAD-CUT materials and technology for their business... (3/18/2010)

Perry Ellis Elects Eduardo Sardina to Board
Perry Ellis International elected Eduardo Sardina as a new independent member to the company's Board of Directors, bringing the total number of directors to seven and the number of independent directors to five...(3/18/2010)

Nike's Q3 Sales Increase 7%, North America Sales Inch Ahead 1%
Nike Inc. reported sales rose 7% to $4.7 billion from $4.4 billion. Excluding changes in currency exchange rates, net revenue was up 2% compared to the same quarter last year. Excluding charges in the year-ago period, net income increased 2%. Excluding currency changes, futures orders are up 6%... (3/17/2010)

Easton-Bell Q4 Losses Widen on 3.3% Sales Decline
Easton-Bell Sports reported its loss widened in its fourth quarter to $15.2 million from $10.2 million a year ago on a 3.3% decline in sales. The company said consumers traded down in price points and deferred discretionary purchases all year, causing dealers to cut back advance purchases and closely manage inventory... (3/16/2010)

Obama Administration Not Supporting Affordable Footwear Act
U.S. Trade Representative Ron Kirk told a meeting of the American Apparel and Footwear Association March 12 that the Obama administration does not support the Affordable Footwear Act, which would eliminate most tariffs on imported footwear...(3/16/2010)



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